This property is currently configured as a single-family home with 5 bedrooms and 2 bathrooms. However, it is zoned as a duplex (2-family dwelling) per the Zoning Department of the City of Reading. With minimal effort, the property can be reconfigured back into two units, each consisting of 2 bedrooms. The potential rental income for each apartment is estimated at $1,250-$1,350. Please note that there is only one electric meter for the entire building. The property is currently vacant.
Dual Income Opportunity! Commercial Building plus a residential home with high visibility. Rare combination of a fully leased restaurant space and a separate residential home. Ideal for investors! Commercial building is currently leased for $4,500/month currently used as a restaurant, which includes a separate garage plus an off street parking lot. The adjacent home offers 3 bedrooms, plus a full bath. The home is newly vacant but was being rented for $2,275/month.
Welcome to 233 Walnut St. in the Downtown Reading area! This is the multi family property you have been looking for! Featuring 4 units and a large detached garage for an additional rental option! This property has been well maintained by currently ownership and has recently received several key updates! New rubber roof, exterior painting, 2 newly updated units and an updated detached garage! The first floor has a 2 bedroom unit. The second floor has 2 studios, one in the front and one in the rear. The 3rd floor has the last unit that features a spacious studio apt that overlooks the Goggle works! Each unit has separate heating and separate hot water heaters! This property offers a great opportunity to buy a turn key investment in downtown Reading area that is growing everyday and offering so many new opportunities for business and growth! This is also an excellent opportunity for anyone looking to live in one unit and investing at the same time! set up a tour of this amazing property today! 2 units are currently vacant and ready for immediate occupancy!
Welcome to 422 Franklin St, a spacious and versatile multi-family home located in a prime area directly behind Reading Public Library, offering excellent potential for residential use and adaptability. The property spans 6,500 square feet, providing ample space for various possibilities. The first-floor unit, previously rented at $1,200 per month, features a full kitchen, two bedrooms, and two full bathrooms. The layout offers flexibility, making it ideal for tenants or potential conversion into other uses. The second floor offers a full kitchen, four bedrooms, and one bathroom, providing ample living space for families or multiple occupants. It could also be adapted to mixed-use as needed. The full basement offers plenty of space for storage. The building is located directly across the street from the public parking lot and is in move-in condition, ready for new tenants. Both floors have separate electric and gas meters, making the property convenient for multiple tenants. The first-floor unit benefits from forced air heating and air conditioning, while the second-floor unit operates with a boiler heating system, allowing for independent utility control. This property is ideal for multi-family living or other adaptive uses. However, it is the buyerâs responsibility to verify with local zoning authorities that their intended use complies with current zoning regulations. An agent is related to the owners. Additonal Photots will be uploaded soon.
Attention Investors! Here is a wonderful opportunity to own a great 3 unit in the much desired Wilson School District! Unit 1- 1st floor West is one bedroom, one bath with a one year lease at $900 per month until January, 2025. Unit 2 - 2nd floor is two bedrooms, one bath with a one year lease till July 2025 at $800 per month. Unit 3 - 1st floor East is a two bedroom, two bath which is month to month at $800 per month. Unit 4 - is a 2 car detached garage with separate electric. It is month to month and rents for $100 per month. All units are fully occupied and have private entrances. All residential units have older modern kitchens and updated ceramic tile bathrooms. The property has been converted to natural gas, with 4 separate gas meters. There is one 80 gal electric hot water heater. The basement has laundry facilities and storage for the tenants. The gas furnace is newer and approximately half of the windows have been replaced. There is off street parking for two cars. Don't pass up a chance to add this property to your investment portfolio! Call for details and to set up your private showing.
Welcome to 150-152 North 6th Street, a prime investment opportunity in the heart of Reading, PA! This mixed-use property features four units: three residential apartments and a successful commercial space currently operating as a restaurant and bar. Perfectly situated next to the santander performing arts center, this building offers foot traffic, making it an attractive location for both residents and businesses. Residential Units: Unit 1: Three bedrooms, one bath. A comfortable and cozy apartment, perfect for small families or professionals. Unit 2: Five bedrooms, one bath. This spacious unit offers plenty of living space, ideal for families or a group of roommates. Unit 3: One bedroom, one bath. A charming unit suitable for singles or couples looking for a convenient and central location. Commercial Unit: The ground floor and lower level features a bustling restaurant and bar, a highly popular spot with a loyal customer base makes it a go-to destination for both locals and visitors, driving consistent business and revenue. Location Highlights: Directly adjacent to the Santander Performing Arts Center , a major hub for concerts, sporting events, and entertainment. Convenient access to public transportation and major highways. Investment Potential: This property is an excellent investment opportunity with multiple streams of income from residential rentals and a commercial space. Whether youâre looking to expand your portfolio or start your real estate journey, 150 North 6th Street offers immense potential. Schedule a Showing: Donât miss out on this unique opportunity! Contact us today to schedule a private showing and see all that this incredible property has to offer.
Large building- 3 units- 1 commercial, 2 residential- comm.unit/barbershop $1100/month - other 2 units vacant.
Come take a look at this well kept 2 unit. Featuring a commercial space on the first level with its own central air, bathroom, freshly painted, and new flooring, with additional space to finish on the lower level. The second unit is currently rented for $1,400 including a 2 story 3 bedroom apartment. Schedule your showing today.
Charming Two-Unit Investment Property on S. 13th St. This beautiful two-unit property is a standout investment opportunity that wonât last long. Located on S. 13th St., this gem offers solid rental income and a promising rate of return. Unit One: This cozy one-bedroom, one-bathroom unit is currently rented for $1,000 per month, providing a steady and reliable income stream. Unit Two: A spacious three-bedroom, one-bathroom unit that commands $1,150 per month in rent, making it an excellent addition to any investment portfolio. Donât miss the chance to secure this remarkable property and enhance your portfolio with this outstanding investment.
Two-unit apartment for sale- Investment Opportunity or move-in Ready! Rental income: $2600/month now Ideal for investors; steady income stream with tenants in place. Perfect for Homeowners: Move in and enjoy the rental income from the other unit! Don't miss out on this great opportunity! Contact us today for more details or to schedule a viewing.
4 Units. Great Location: Close to city park. Property is in average condition: could be made to shine and rents could be re- adjusted accordingly. Many possibilities: Bring us an offer. Sold "as is" ... seller will provide home warranty.
Income producing property in the comercial area of the north side of Reading. This 4 unit property has 3 residential units and one commercial. Any proposed business needs to have zoning approval by the City of Reading. On the main floor you can open a business. It has a common area, a kitchen and full bathroom as well. The main floor apartment has two bedrooms and one bathroom, rental income is $850. The second floor apartment has 3 bedrooms and one bathroom, rental income is $1300. The third bedroom apartment has 2 bedrooms and one bathroom, rental income is $1000. Owner pays taxes, water, sewer, trash, owner's electric meter and insurance. Tenants pay for their electric, heating, hot water and others, and natural gas for cooking. Schedule your showing today!
Business opportunity in Reading to be a landlord and start your financial freedom. This 2 unit duplex property is fully rented and waiting for a new owner. This property generates over $20,052 a year in rents, 1st floor $795/2nd floor $876, There is off street parking out back (carport). Check it out today!
Nice 2 unit Duplex property ready for new owners in the City of Reading. This is a money maker and rents are below market currently making $19,800 yearly. 1st floor $725/2nd floor$925.....Don't miss this opportunity to be a landlord. Owner also has MLS# PABK2046040 1240 Church St for sale....Buy as a package. Call today!
Fully renovated! This is a charming income generating multi-family 2 unit. With 3 stories, this property offers plenty of space for multiple residents. With no additional setup required, you can start generating income from day one. This fully renovated multi-family, offers a fantastic opportunity to own a turnkey income generator. Previously used as Airbnb, this property comes fully furnished saving you money, time and effort. Very well suited for short-term rentals if you wish to continue the successful short-term rental model. Second Floor: 4-5 bedrooms First Floor: 2 bedrooms (currently rented). This is your chance to be your own landlord and build wealth through real estate ownership. Don't miss out on this fantastic investment opportunity! Act quickly and secure this fantastic investment opportunity of passive income before it slips away! Call for your private showing!
Come take a look at this 2 unit building located on lawyers row. This property consists of 1 commercial 1st floor unit that has an extended 1 bedroom apartment in the rear, currently vacant. The 2nd floor has a 3 bedroom apartment currently rented for $850, below market value. Owner pays for a gas heating system but tenants pay their own electric. Schedule a showing today.
Calling all investors! 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: Currently vacant and ready for you to place your tenant of choice. Bring an Offer!
Calling all multi-unit real estate investors! 5 residential units, within a prime location making it easy to rent out. Both the exterior and interior of the property have been recently freshly painted, in addition to recently replaced flooring throughout. Review the numbers and make this cash flow yours. Please reach out today for additional details and to schedule your private showing. Current rental/lease income per unit/per month. Unit/Apartment 1: $850. Unit/Apartment 2: $850. Unit/Apartment 3: $850. Unit/Apartment 4: $900. Unit/Apartment 5: $900. Bring an Offer! Can be purchased individually or within an 11 Unit Package Deal or 20 Unit Package Deal. Please reach out for more details.
Super Rare Find!! Come visit this tremendous 2 family home in the Governor Mifflin School District! This whopping 5,100+ sq ft home includes 7 bedrooms, 4 full bathrooms, 2 full kitchens, In-Law Quarters and a garage on the main level and an oversized 2 car garage on the lower level. As you enter the main floor to the right is a spacious living room w/ fireplace, eat-in kitchen w/ island, & dining area. To the left of the living room you'll find 3 of the private bedrooms and 1 full bath. As you stroll to the right wing of the home there are 2 more large bedrooms, including the master with a huge walk-in closet, full bath with a jacuzzi tub, & main floor laundry area. The upper level includes a large family room with 2 additional private bedrooms ( again nicely sized!), a walk-in closet/storage area and a 3rd full bathroom. The huge game/living area is such a great room with enough room for everyone to relax and entertain. Pool table included! The finished walk-out lower level has a nicely sized in-law suite. This space boasts a full kitchen, sunroom, laundry room, second fireplace and still a few storage rooms! Additional features include the oversized 2-car garage with workspace, a walk-up attic for storage, patio area for outdoor enjoyment, and a new HVAC (2022) system. All this is conveniently located just minutes away from Rt 222, major routes and the Turnpike but still situated in a mature neighborhood!
Welcome to this income producing property in the north side of Reading in good condition. This property has 3 residential units. The first floor unit has a two bedroom apartment for $775 per month (one year lease), the 2nd floor apartment has 2 bedrooms at $1000 per month (one year lease) and the 3rd floor apartment has 1 bedroom, and can be rented out for $875. All tenants pay their electric heat and hot water and the landlord pays for water and sewer. The first floor apartment has access to a fenced in backyard. All apartments are ready to move in and have replacement windows. One of the great features is that the roof is newer and was installed in 2020!
Extremely rare opportunity to own TWO DETACHED SINGLE HOMES on one site! This property was part of the Al Boscov community rehab project and was completely remodeled in 2012. Unit 1 has two bedrooms, Living Room, spacious Dining Room, modern Kitchen and Powder Room on the 1st floor, and 2 bedrooms and bath on the 2nd floor. Unit 2 has a Living Room, eat-in Kitchen and Bath on the 1st floor, and 2 bedrooms on the 2nd floor, and a 3rd bedroom in the attic. Both units feature modern Kitchens, full basements, efficient gas hot water and heat, and central air conditioning. Mechanicals are all updated, PEX plumbing, newer electric. New carpet and paint will go along way in this property! This an awesome investment opportunity, or the potential for a family looking for a two home situation.
Unveil the potential of your real estate endeavors with this prime development opportunity! With an indoor parking garage for up to 8 vehicles and endless possibilities, this property is a canvas awaiting your vision. With TLC and renovations, picture a thriving a high-end multi-unit property for lucrative cash flow, commercial space or a versatile warehouse. Inside, discover ample room for a welcoming common area or a charming cafe to serve the local community and tenants alike. Furthermore, there is a newly installed rubber roof along with 2 levels of approximately 6,000 square feet on each floor. Please note, mock designs provided are all subject to zoning approval. Schedule your showing today! Seller Financing Available!
Here is a perfect opportunity to purchase a local running business with an apartment on the second floor. All the store needs is a new owner. The store is already setup for success with a kitchen to prepare hot food as well as cold sandwiches. Make additional income with skill/gaming machines and ATM. You can run the store and live in the apartment upstairs or rent it out for additional income. Sale of the building includes the store with inventory, all appliances, ATM and coolers. The apartment upstairs has 2 nice sized bedrooms, 1 bathroom and is rented to long term tenants.
Reading is located in Pennsylvania. Reading, Pennsylvania has a population of 88,275. Reading is less family-centric than the surrounding county with 24.27% of the households containing married families with children. The county average for households married with children is 29.62%.
The median household income in Reading, Pennsylvania is $28,755. The median household income for the surrounding county is $59,580 compared to the national median of $57,652. The median age of people living in Reading is 29.3 years.
The average high temperature in July is 85.2 degrees, with an average low temperature in January of 21.7 degrees. The average rainfall is approximately 46.4 inches per year, with 18.9 inches of snow per year.