Excellent opportunity to acquire a cash-flowing multifamily property with two income-producing parking lots in a central city location. The sale includes a four-unit residential building at 220 N. 6th St, with rear parking lot and a separately deeded parking lot located at 221 Church St, creating multiple revenue streams with future expansion potential. The residential building features a desirable unit mix with strong in-place rents: Unit #1: 2 Bedrooms-$900/month, Unit #2: 3 Bedrooms-$1,500/month, Unit #3: 2 Bedrooms-$1,100/month, Unit #4 Studio-Projected $850/month. Landlord currently pays gas heat, water, sewer and trash. Rear parking lots provides steady income with 15 total rented spaces across both parking lots at $60 per space per month ($900/month), plus potential to create additional parking spaces. Ideal for investors seeking a stabilized asset with diversified income streams, immediate parking revenue, and long-term growth through leasing and expansion. Conveniently located near downtown amenities, public transportation, shopping, dining and nearby daycare facilities, adding to tenant appeal and long-term rental demand. Schedule your private showing today
Very large three-unit multifamily property situated on a desirable corner lot with off-street parking. Unit 1 is a spacious two-bedroom apartment currently occupied by a paying tenant. Unit 2 offers one bedroom or could be two, and is occupied by another reliable tenant. Unit 3 1 or 2 bedroom unit and is unique in layout, well-maintained, and offers great upside. While some work is needed, this property presents an excellent opportunity to bring your vision, add value, and expand your investment portfolio or step confidently into ownership as an investing landlord.
Income-producing triplex located at 147 S 6th St, Reading, PA. The property consists of two 1-bedroom apartments and one 2-bedroom apartment, offering solid rental income potential. This property also features value-add opportunities, including potential for an additional apartment and space suitable for commercial use, making it ideal for investors or developers seeking future expansion. Excellent opportunity for owner-occupants or investors looking to maximize cash flow in a growing area. Convenient location close to local amenities, transportation, and downtown Reading.
Mixed-Use Investment Property – 146 N 5th St, Reading, PA This five-unit mixed-use building is located at 146 N 5th Street in Reading, Pennsylvania, within the Callowhill Historic District. Zoned CC – Commercial Core, the property sits in the heart of the downtown corridor and benefits from flexible zoning intended to support dense residential, retail, and service-oriented uses. The building includes four one-bedroom apartments arranged over three upper floors, providing consistent residential income. The ground floor is occupied by an operating beauty salon that has been a tenant for over six years, offering established commercial tenancy at street level. This configuration makes the property well-suited for investors seeking stable mixed-use cash flow in a historic urban setting. CC (Commercial Core) Zoning – Examples of Permitted Uses Apartments and mixed-use buildings with residential above commercial Retail shops and personal service businesses (salon, barber, dry cleaner, etc.) Banks and financial institutions Bakeries and food-related retail (size-limited) Art, craft, and gallery uses Offices, business services, and printing services Civic, cultural, and entertainment uses (theater, performance space) This zoning flexibility, combined with long-term commercial tenancy and multiple residential units, positions the property for both continued operation and future redevelopment potential.
15 UNIT BUILDING. This commercial property in the heart of downtown Shillington offers a prime investment opportunity with a level 0.3-acre lot. Built in 1910, the structure features a mix of durable materials including brick, concrete, and stucco, ensuring longevity and low maintenance. The property is in below-average condition, presenting a chance for value-add renovations that can significantly increase rental income or resale value. Strategically located less than 10 miles from the airport and within a mile of public transportation, it boasts excellent accessibility, enhancing its appeal to potential tenants. Parking options include private garages and surface lots, catering to various business needs. Investors can capitalize on the growing demand for commercial spaces in urban settings, with the potential for strong returns through strategic improvements and leasing. This property is a solid addition to any investment portfolio, offering both immediate and long-term financial benefits. CLEAN Phase I enviromental assessment report
??INVESTOR & OWNER-OCCUPANT OPPORTUNITY! Charming 2-Unit Property – Turnkey & Income Ready Welcome to this well-maintained 2-unit multi-family perfectly suited for both investors looking to grow their portfolio and buyers seeking additional monthly income. The first-floor unit offers a spacious layout with 2 comfortable bedrooms, a bright living area, and a functional kitchen—ideal for long-term tenants or an owner-occupant. The second-floor unit features a cozy 1-bedroom apartment with great natural light and an efficient floor plan, making it easy to keep rented year-round. This property provides steady rental potential, separate entrances, and flexible living arrangements. Whether you’re looking for a strong cash-flowing asset or a home that helps pay the mortgage, this one checks all the boxes. Schedule your showing today and envision the possibilities!
Don’t miss this excellent opportunity to own a well-maintained multi-unit property in the heart of Reading, PA. This versatile building features three spacious units offering a solid investment for both new and seasoned investors. Each unit has its own electric meter, and tenants are responsible for their own electric and heating, keeping owner expenses low. The owner currently covers water, sewer, trash, and hot water. The property is in turnkey condition with a strong rental history, newer roof, updated systems, and value-add potential through minor cosmetic upgrades or future rent increases. Whether you're looking to expand your portfolio or occupy part of the space while renting the rest, this property offers stable income and long-term upside.
Exceptional investment opportunity in the heart of Reading. This mixed-use property combines 729 and 731 Washington Street, which have been annexed and are now considered one building. Fully renovated in 2016, the property offers two commercial units and two residential apartments, providing both stability and upside potential for investors or owner-operators. The residential units include a one-bedroom and a two-bedroom apartment, while the commercial spaces feature an office and a café with utility surcharge. The building has been well-maintained with extensive updates, including a roof and dormer replacement in 2024, a remodeled bathroom in Apartment A in 2022, and a full bathroom upgrade and repaint in Apartment B in 2024–2025. This property generates consistent rental income and, at the asking price of $500,000, reflects an attractive 8.1% cap rate. With its strong rental history, modern upgrades, and prime location near businesses, restaurants, and public transit, it represents a turnkey investment in the heart of the city.
Bring your vision and finishing touches to this unique three-story commercial property with endless potential! On the first floor, you’ll find a space perfectly suited to become a neighborhood staple—whether a local grocery store or corner deli. With approved plans already in place for a kitchen addition, the groundwork is set for you to bring your concept to life. Proposed commercial space 1582sqft. The second and third floors feature a large two-level apartment, offering excellent rental income potential or on-site living for an owner-operator. While the space needs finishing, the possibilities are endless once completed. This is an excellent opportunity for an investor or entrepreneur to create something special in the community. With city approvals already in hand, you can hit the ground running—just bring your hammer and make it your own!
Well established Restaurant and Tavern for over 65 years with "R" Liquor License and its own private rear parking lot which can accommodate 29 vehicles. The restaurant seats approximately 60-65 people. There are also tables and chairs in the bar area in addition to 13 bar stools. The bar is well stocked with everyone's favorite liquor and beers and also has a 6 handle draft system. The dining room consists of several tables and chairs that can be configured for a quiet dinner or rearranged for a private function. There is a gas fireplace in the dining room for additional ambiance. Currently the restaurant is open Thursday-Saturday, but has the potential to be open 7 days a week with an "R" Liquor License. The restaurant boosts a full kitchen with, 6 burner gas stove/oven, broiler. steam table, deep fryer, dishwasher, 2 bay sink, handwashing sink, bain-marie, stand alone refrigerator and freezer, as well as a walk in fridge and walk in freezer. All items will convey with the sale of the real estate as they are owned and not leased. All cookware, dishes, glasses and shelving for storage will also convey with the sale. Patrons can also enjoy their dinner and libations on the outdoor patio. The patio can accommodate another 20-25 people. The second floor is currently being used as a cigar lounge that is open Tuesday-Saturday. It features a well stocked humidor and the opportunity to indulge in a top shelf cocktail while enjoying your premium cigar. There is a full bar upstairs that is covered with the "R" Liquor license as well. It has been rented for private events, meetings, etc. with Wi-Fi availability. Next to the restaurant is a detached 3-4 bedroom home which is on the same deed but has its own tax ID# and is currently rented. There is also an additional free standing, 2 story building/workshop roughly 22' x 28' located in the rear of the parking lot. This building has it's own electric, water/sewer and heat. It would be an ideal set-up for a contractor, plumber or anyone else in the trades business, as well as a professional business. Currently this building is not rented. Rent alone for these properties has the potential to bring in revenues of $50,000+/year. The taxes, assessed values and acreage reflect both Tax ID #s. ALL REASONABLE OFFERS WILL BE CONSIDERED! Breakdown of rents would be the following: 1 Bedroom apt attached to restaurant $1000 minimum/month, 3-4 bedroom free standing house $1600 minimum/month and free standing building in rear of parking lot $1800 minimum/month. Building in the rear of parking lot needs a total renovation but has newer roof. One bedroom apartment and free standing house need updating.
21 s 3rd st is a 2 unit with a total of 7 bedrooms. 2 full bathrooms. This also has off street 2 parking spots included. This has been completely remodeled with new luxury vinyl plank, drywall, all new kitchen and bathrooms in 2025. 1 - 2 bedroom 1 bath, and 2nd and 3rd floor is 5 bedroom and 1 bathroom. updated electric panel.
15-Unit Investment Portfolio – Reading, PA Presenting a rare opportunity to acquire a 15-unit multifamily package across 4 properties in Reading, PA. This portfolio offers a diverse mix of residential and commercial income-producing assets, all located within close proximity for ease of management. Property Breakdown: 1330 Perkiomen Ave, Reading, PA 19602 – 5 Residential Units / 1027 Walnut St, Reading, PA 19601 – 5 Residential Units / 835 Washington St, Reading, PA 19601 – 5 Units (1 Commercial Storefront + 4 Residential Units) / Utilities & Expenses: Tenants pay their own electricity and electric heat. Owner is responsible for water, sewer, trash, and common area electric This portfolio provides a solid foundation for both new and seasoned investors, offering steady cash flow, strong rental demand, and upside potential in a growing market. Additional rental details and financials are available upon request. Please contact us today to schedule a walkthrough and learn more about this opportunity.
48 Hour Notice for Showings. Buyer to verify square footage. Can be purchased individually or in a package deal with the additional Multi Unit Properties listed and located at 1027 Walnut St Reading PA (5 Unit), 835 Washington St Reading PA (5 Unit) and 1013 Penn St Reading PA (5 Unit). Total of 19 Units - Asking Price 2.1M.
Calling all investors! 5 Residential Units now available on Walnut St. High traffic count and Central location makes residential units easy to rent. Excellent cash flow for the savvy investor. Current Rental / Lease Income Per Unit/Per Month: Unit/Apartment 1: $900 Unit/Apartment 2: $1200 Unit/Apartment 3: $750 Unit/Apartment 4: $850 Unit/Apartment 5: $850. Can be purchased individually or in a package deal with up to 19 Total Units. Please reach out for additional details and/or to schedule a walkthrough.
Calling all Investors! 5 Unit Building consisting of a Storefront, 4 residential units and 1 multi floor garage now available for purchase. High traffic count makes storefront a desirable location and central location makes the residential units easy to rent. Excellent cash flow for the savvy investor. Current Rental / Lease Income Per Unit/Per Month: Unit 1 / Storefront: $750 Unit 2: $750 Unit 3: $1000 Unit 4: $1000 Unit 5: $1000 Unit 6 / Garage: $400 - Can be purchased individually or in a package deal with up to 19 Total Units. Please reach out for additional details and/or to schedule a walkthrough.
Prime multi-unit property with high-visibility and corner Location facing City Park. An exceptional opportunity to own a 4-unit mixed-use property in a prime, high-traffic location. This impressive building features one spacious unit per floor, including 1 ground-floor commercial space and 3 large residential apartments, each offering unique charm and character. It features a premium location situated on a high-visibility corner directly across from a park, offering scenic park and city views. Excellent accessibility with easy access to public transportation and foot traffic, ideal for both residential and commercial use. The units are well-maintained with high ceilings, hardwood floors, and abundant natural light. The architectural character amazes with beautiful original architectural features and rear sun porches add elegance and light to each apartment. The long-term commercial tenant, ensures stable income. A versatility for investors seeking strong rental income or owner-occupants looking to live and invest in a vibrant area. This is a rare chance to acquire a corner detached property with high curb appeal and excellent growth potential. Don't miss out on this standout asset in a sought-after neighborhood.
Don't miss this rare opportunity to own a grand historic residence in the desirable Callowhill Historic District, built circa 1875. Offering over 4,500 square feet of living space and filled with period charm, this expansive home blends timeless architectural detail with modern versatility. Currently zoned as a 2 unit or a single-family home, the layout allows for a simple conversion to either use ideal for owner-occupants seeking additional rental income or investors looking to maximize value. Each unit features spacious sized rooms with one unit offering 2 bedrooms and the larger unit offers 4 bedrooms. Inside, you’ll find original hardwood floors, natural woodwork, elegant pocket doors, and a dramatic grand staircase that speaks to the craftsmanship of a bygone era. With 12 spacious rooms, the home features a large media room perfect for entertaining, a second kitchen for added flexibility, and an expansive backyard—rare in the city—offering outdoor space for gardening, relaxation, or gatherings. Whether you're looking to live in and restore a piece of history or create a smart investment opportunity, this property offers both charm and potential in one of Reading's most historic neighborhoods. Come and discover all the possibilities this exceptional home has to offer.
Excellent investment opportunity in the heart of Reading! This parcel consists of two buildings totaling nine (9) residential units — a front building with seven units and a rear building with two units. 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.
This expansive 5,502 sq ft building, formerly the Pollock Furs Company, offers a unique investment opportunity in the heart of Reading City. The property features two 1-bedroom apartments currently on a month-to-month lease, providing steady rental income. Additionally, the building boasts a versatile storefront, perfect for retail or office use, with ample leasable square footage. With its rich history and prime location, this property offers endless possibilities. The spacious layout and high-traffic visibility make it ideal for businesses looking to establish a presence in a thriving area. The apartments provide additional income potential, making this a great opportunity for investors looking for a mixed-use property. Don’t miss your chance to own a piece of Reading’s history while securing a solid return on investment
Fully Occupied Multi Family - 6 residential units, outside of the city, in Mt. Penn Boro. Central location makes residential units easy to rent. Excellent cash flow for the savvy investor. Call today for additional details and to schedule your private showing. Current rental/lease income per unit/per month. Unit/Apartment 1: $895. Unit/Apartment 2: $1050. Unit/Apartment 3: $850. Unit/Apartment 4: $650. Unit/Apartment 5: $1150. Unit/Apartment 6: $1150 Bring an Offer!
Reading is located in Pennsylvania. Reading, Pennsylvania has a population of 94,161. Reading is less family-centric than the surrounding county with 21.23% of the households containing married families with children. The county average for households married with children is 28.1%.
The median household income in Reading, Pennsylvania is $38,738. The median household income for the surrounding county is $69,272 compared to the national median of $69,021. The median age of people living in Reading is 30.8 years.
The average high temperature in July is 85.1 degrees, with an average low temperature in January of 20.9 degrees. The average rainfall is approximately 44.7 inches per year, with 18.3 inches of snow per year.
