Approved 3 unit in Centre Park. Great Cash Flow. Recently renovated first and third floor units. Ideal Location just off of Centre Avenue. Plenty of parking on this block due to the location across from park.
Prime Commercial Investment Opportunity in Reading City This is a fantastic addition to any investment portfolio! Located in the heart of Reading City, this versatile 3-building corner property offers significant potential. The asset includes 12 residential units, 1 commercial space currently operating as a Bodega, and a spacious storage unit that was previously a Laundromat. Tenants cover electric, heat, and hot water, ensuring strong returns for the owner. The storage unit, once a Laundromat, retains its own separate water meter. The landlord is responsible for water, sewer, property taxes, and trash removal. While the property requires some TLC, it offers great upside potential for the right investor. Showings are available to qualified buyers only, ensuring a smooth and efficient transaction. This property presents a rare combination of residential, commercial, and storage spaces in a prime locationâdonât miss out on this exceptional investment opportunity!
Great investment opportunity; This 8 units building has been well kept, and always rented.
Unlock the potential of this versatile income-generating property! This package includes 8 residential units and a large garage, strategically located on the sought-after top block of Penn St, just steps from City Park. The property offers easy access to all urban conveniences, making it highly attractive for tenants. Built in 1890 and nestled within the historic Penns Common District, this property boasts a unique combination of historic charm and future growth potential. The offering includes: Main Building: 6 well-designed apartments showcasing original wood detailing. Additional Assets: 2 standalone homes and a large garage on Court St, offering flexible revenue streams. Prime Lot: A spacious parcel that spans the length of a full city block, connecting the buildings and providing outdoor potential. Currently, 5 of the 8 units are occupied by long-term tenants, ensuring immediate rental income while leaving room for value-add opportunities. With its blend of historic character and untapped potential, this property is ideal for the savvy investor looking to enhance portfolio performance.
Pictures/Videos are available upon request. Discover a unique investment opportunity in the heart of Reading, PA that is in need of renovation and modernization! This mixed-use property features a commercial space on the ground floor with 4 residential units above, offering the potential for diverse income streams. Situated in a vibrant neighborhood with high foot traffic, this property benefits from its proximity to local amenities, public transportation, and community services. The ground floor boasts a spacious commercial unit with large storefront windows, that offers excellent visibility and accessibility and can be customized to suit various business needs. With the growing demand for mixed-use properties in the area, this property represents a solid investment opportunity for savvy investors or developers looking to revitalize the space. Donât miss out on this chance to create a thriving community hub in Reading, PA. Bring your vision to life with improvements that can enhance both the commercial and residential spaces.
Do not miss out on this opportunity! Come check out this multi-purpose building. There are two apartments up on the second floor. Both apartments have their own private entrance on the side of the building away from the automotive garage. The first apartment is a 1 bedroom with 1 bathroom and the second apartment is 3 bedrooms with 1.5 bathrooms. There are long-term tenants in both apartments that would like to stay. On the lower lever there is an automotive garage that holds 5 cars, has an office space, and bathroom for employees. In the garage there are tools and equipment that can be arranged in the agreement of sale. The automotive garage is no longer in business. This is the perfect property for an investor or for a automotive business that would like the opportunity to live above their business. Building is being sold as is. Commercial listing in the MLS PABK2044870
3100 Kutztown Road is a two unit property in Muhlenberg Township. The building is approximately 3,395 SF resting on 0.16 acres of land with a one car garage and approximately five parking spaces. The first floor was previously occupied by an accounting firm that has recently moved . The second floor is a modern apartment that was improved three +/- years ago. This apartment has three bedrooms, one bathroom, a living room and kitchen, along with its own heating system. The property is separately metered for gas and electric, and the expense of water and sewer is passed through to the Tenants. This property is located at a traffic light controlled intersection in the C-1 Commercial District. Whether youâre looking to expand your business or invest in a rental property, this is the space for you. Contact us now to schedule a viewing!
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.
Investment opportunity in Reading, PA! This 3-unit building offers great rental income potential: Unit 1: Spacious 3-bedroom apartment Unit 2: 2-bedroom apartment Unit 2r: Comfortable 1-bedroom apartment The property is located in a vibrant neighborhood with easy access to local shops, restaurants, and public transportation. No off-street parking available, but street parking is accessible. Perfect for investors or those looking to live in one unit while renting the others!
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 vacant with a 3 bedroom apartment. Schedule your showing today.
7-units with large parking lot. Welcome to 2732 Kutztown Rd, a rare and extraordinary multi-unit investment property located in the heart of Muhlenberg Township. This incredible asset offers a unique combination of rental income steams with 4x Single room units and a one bedroom, living room and kitchenette unit all share 1 bathroom. The main level includes a 3 bedroom unit with central air, laundry, living room, modern kitchen with granite and all appliances and fully renovated full bathroom. Unit #7 is a lower level unit that includes 2 bedrooms, Living room, Kitchen with all appliances and a fully renovated full bathroom. All 5 units on the 2nd and 3rd floors are currently rented month-to-month. In addition there are 16 parking spaces in the parking lot, 8 spaces on the building side are for the tenants and 8 spaces on the street side are available to rent. Separate electric and separate water heaters for main floor and lower level units, and rooms. Owner pays electric and heat for room rentals and heat for 1st floor unit. Lower level has electric baseboard paid by tenant. Air Conditioning electric is paid by 1st floor tenant for unit #1. Public transportation, shops and restaurants. Opportunity to increase cash flow through rent increases and occupancy optimization. Diversified income streams reduce reliance on single tenants. Enormous long-term appreciation in property value. Contact us today to schedule a viewing and take the first step towards building your Real Estate portfolio.
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). Rents are under current market value. 1st floor tenant is month to month. Apartments are in decent shape. 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!
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!
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!
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 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.
