UPDATED:
Key Details
Property Type Multi-Family, Townhouse
Sub Type Interior Row/Townhouse
Listing Status Active
Purchase Type For Sale
Square Footage 6,206 sqft
Price per Sqft $136
MLS Listing ID PABK2054900
Style Victorian
Abv Grd Liv Area 6,206
Year Built 1900
Available Date 2025-03-25
Annual Tax Amount $10,497
Tax Year 2024
Lot Size 6,098 Sqft
Acres 0.14
Lot Dimensions 0.00 x 0.00
Property Sub-Type Interior Row/Townhouse
Source BRIGHT
Property Description
Each building is equipped with efficient gas heating, keeping utility costs manageable and appealing to tenants. The property offers a mix of at least four (4) two-bedroom units and the remaining units are large one-bedroom units, each featuring a separate bedroom, living room, and eat-in kitchen (Buyer to verify).
With room to raise rents and the potential to split heating, this property presents a fantastic value-add opportunity for any investor. The buildings have historically maintained a high occupancy rate, supported by their location on a high-traffic street that ensures consistent rental demand.
Whether you're looking to expand your portfolio or start building one, this property has plenty of upside, income growth potential, and long-term stability.
Bring an offer! Motivated seller—room to negotiate with a fair and reasonable offer.
Location
State PA
County Berks
Area Reading City (10201)
Zoning MULTI
Rooms
Basement Full
Interior
Hot Water Other
Heating Other
Cooling None
Flooring Carpet, Hardwood, Tile/Brick, Vinyl, Wood, Other
Equipment Stove, Washer
Fireplace N
Appliance Stove, Washer
Heat Source Other
Exterior
Exterior Feature Porch(es)
Utilities Available Electric Available, Natural Gas Available, Sewer Available, Water Available
Water Access N
Roof Type Other
Accessibility None
Porch Porch(es)
Garage N
Building
Lot Description Other
Foundation Other
Above Ground Finished SqFt 6206
Sewer Public Sewer
Water Public
Architectural Style Victorian
Additional Building Above Grade, Below Grade
Structure Type 9'+ Ceilings
New Construction N
Schools
School District Reading
Others
Tax ID 04-5306-35-78-6684
Ownership Fee Simple
SqFt Source 6206
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Financing Cash,Conventional
Special Listing Condition Standard
"Simone's passion for real estate and her love for "The DMV" are a perfect match. She has made it her mission to help local residents sell their homes quickly and at the best possible prices. Equally, she takes immense pride in assisting homebuyers in finding their perfect piece of paradise in DC, Maryland and Virginia. "
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