Unique Multi-Property Investment Opportunity – Three Properties on One Deed. This unique investment opportunity includes three separate properties conveyed together on one deed, offering an investor a diverse mix of residential, retail, and garage rental income. The sale includes 828 Bingaman St., 826-A Bingaman St., and 311 Spring Garden St. 828 Bingaman St. features a storefront that was recently leased, a large garage, and a 2-bedroom apartment on the second floor, providing multiple potential income streams within one property. 826-A Bingaman St. includes two residential apartments—one 1-bedroom unit and one 2-bedroom unit. 311 Spring Garden St. includes 7 garages, currently rented to 4 individuals at $75 per month, providing established income with relatively straightforward management. Combined, the three properties offer an investor a variety of rental uses and diversified sources of income across multiple buildings. Total gross income could be approximately $66,000 annually, providing strong opportunities to maintain existing income while exploring future rental and value-enhancement opportunities.
This five-unit property offers an investor an opportunity to acquire an established income-producing property with a diverse mix of occupants. The property includes two efficiency apartments, one one-bedroom apartment, one two-bedroom apartment, and a two-story garage. The garage is leased to a roofing business, providing an established commercial component and additional rental income. The property also benefits from established tenancy. One of the residential units is occupied by BCC, which has a long-term client residing in the home. One efficiency apartment is currently vacant. Several significant capital improvements have already been completed, including a new hot water heater, a high-efficiency heating system installed approximately two years ago, and a rubber roof installed approximately four years ago. The garage roof has also been updated. The owner currently pays all utilities. With a mix of residential units, an established commercial tenant, recent major improvements, and one currently vacant unit, this property provides an investor with existing rental income along with an opportunity to increase occupancy and maximize the property's income potential.
Great investment opportunity in Reading! Welcome to 142 W Douglass St! This solid 3 unit near Reading Historic District, is conveniently located near schools, public transportation, restaurants, shopping and major routes. This fully rented interior rowhome features three separate one bedroom apartments, offering immediate income potential. Each unit is equipped with 1 bedroom, 1 bathroom, a living room and kitchen. In addition, each unit has separate electric service, an individual electric hot water heater, and electric heat. A detached garage behind the property provides additional value and potential utility. A solid opportunity to add a fully occupied multi-unit property to your investment portfolio.
Well-maintained three-unit rental property with long-term tenants in Units 1 and 2. The attached rear garage is rented separately for $100 per month, providing additional income. The property offers functional apartment layouts, brick construction, and a rear porch with city views. On-street parking is available, with convenient access to public transportation, shopping, and other neighborhood amenities. A solid investment property with existing rental income and established tenants.
Maintained duplex end-unit townhouse offering verygood rental income potential. The property features a first-floor unit with 2 bedroom and 1 full bath, while the second-floor unit offers 5 bedrooms and 1 full bath. Interior highlights include wood flooring throughout. Additional amenities include a fenced backyard and a detached garage. 1st floor tenant is month to month. Rent is low at $400 per month as tenant does work for the landlord. 2nd floor rent is $1100 per month and lease is up Dec 31st. Carpet in 2nd floor apt is being replaced. Tenants are responsible for their own electric and heat expenses, making this a low-maintenance investment opportunity. Buyers responsible for repairs from municiple inspection.
Exceptional opportunity to own a well-positioned three-unit residential building offering strong investment potential. This multi-unit property provides three separate living spaces, creating an attractive opportunity for an investor seeking rental income and long-term value. The property offers flexibility for a variety of investment strategies, including maintaining it as a fully income-producing asset or utilizing one unit for personal use while generating rental income from the remaining units. With its three-unit configuration and income-producing potential, this property presents an excellent addition to an established or growing real-estate portfolio. A property with considerable potential and an opportunity worth exploring for investors seeking a solid multi-unit asset.
Excellent Investment Opportunity – Versatile 2-Unit Property! Add a strong income-producing property to your portfolio with this spacious two-unit multifamily property. The property features a 2-bedroom, 1-bathroom apartment and a larger 3-bedroom, 1-bathroom apartment, providing flexibility to appeal to a wide range of tenants. With a total of 5 bedrooms across two separate units, this property offers investors the opportunity to generate rental income from both apartments or potentially live in one unit while renting the other. Two separate new water heaters, heating furnace fuel with natural gas great for savings during winter. Whether you’re an experienced investor looking to expand your portfolio or a buyer searching for a multifamily property with income potential, this is an opportunity worth considering. Two units, multiple income possibilities, and long-term investment potential—all in one property. Schedule your showing and explore the possibilities this multifamily property has to offer!
Prime Multi-Unit Commercial Investment Opportunity along the Pottsville Pike corridor in Ontelaunee Township! Located at 5045 Pottsville Pike, Reading, PA 19605, this versatile income-producing commercial property offers approximately 4,856 square feet of building space situated on approximately 0.83 acres (36,155 SF) with exceptional on-site parking and vehicle-storage capacity for 50+ vehicles. The property is configured as four commercial units across multiple building areas, providing a unique combination of retail/office, automotive, garage, storage and flexible commercial space. Three of the four units are currently occupied, while Unit 2 is vacant, creating immediate value-add potential through additional lease-up or an opportunity for an owner-user to occupy a portion of the property while collecting income from the existing tenants. Unit 1 is occupied by The Hertz Corporation, an established national-brand tenant, currently paying approximately $2,750 per month. The Hertz premises include approximately 1,050 SF of retail space associated with its vehicle rental operation, along with access to the property's wash-bay facilities. Units 3 and 4 are occupied by one tenant leasing space within two separate building areas, along with an additional rear storage unit. The tenant currently pays approximately $2,500 + $250 per month for the leased spaces, plus $100 per month for the rear storage unit, for total monthly rent of approximately $2,850. Combined, the currently occupied portions of the property generate approximately $5,600 per month / $67,200 annually in gross scheduled rental income, with the opportunity to further increase revenue by leasing the currently vacant Unit 2. The property is particularly well equipped for automotive and vehicle-oriented operations. Existing property documentation identifies a wash bay approximately 12'10" wide by 30' long, equipped with water supply, radiant heat, lighting, electrical connections for pressure-washing/vacuum equipment, and an oil/water separating drain. The expansive paved lot provides parking/storage capacity for 50+ vehicles, offering considerable flexibility for automotive businesses, fleet operations, contractors, service businesses, storage users and other commercial applications, subject to zoning and municipal approvals. Additional improvements include a flat rubber roof installed in 2024, central electric air conditioning, electric and on-site propane heating, public water, public sewer, electric water heating, PVC plumbing and 200-amp electrical service. In addition, there are three exterior signs, three overhead doors, loading access, internet availability, security equipment/cameras, fire and smoke safety equipment, and other commercial building infrastructure. The property's combination of existing rental income, national-credit tenancy, multiple commercial units, extensive paved parking, automotive infrastructure and additional lease-up potential makes 5045 Pottsville Pike an attractive opportunity for both investors and owner-users. An investor can benefit from existing cash flow while pursuing additional income from the vacant unit, while an owner-user may have the ability to operate from the available space while receiving rental income from the balance of the property. Conveniently positioned along Pottsville Pike in Ontelaunee Township, Berks County, this property offers a flexible commercial footprint with excellent vehicle capacity and multiple potential income streams.
Spacious multi-story commercial building located in the R-3 Zoning District of Reading Industrial. This property offers four open floors of expansive space, each featuring high ceilings and a flexible layout suitable for a wide range of potential uses. The building includes a freight elevator, loading dock, and parking for 8+ vehicles, providing excellent functionality for operations requiring storage, distribution, or adaptable workspace. Conveniently positioned near the old train station, the property offers easy access to major transportation routes, enhancing accessibility for business operations. Its size, configuration, and location make it an attractive opportunity for investors, business owners, or developers seeking a property with significant potential. Buyer is responsible for verifying all zoning and permitted uses.
Discover a prime investment opportunity in the heart of the charming Reading subdivision! This traditional brick Multi - Unit, built in 1900, boasts 2,492 sq. ft. of potential, featuring 2 Units 1 St floor unit offers 3 bedrooms 2nd unit offers two bedrooms with ample space. With an average condition, this property is ready for your personal touch or renovation plans, allowing you to increase its value and appeal. The full basement offers additional storage or the possibility for future expansion, while the on-street parking ensures convenience for residents and guests alike. Located less than a mile from a bus stop, this home provides easy access to public transportation, enhancing its rental appeal. With a modest lot size of 0.06 acres, maintenance is manageable, making it an ideal choice for investors seeking a low-overhead property. Whether you're looking to add to your portfolio or start your investment journey, this Multi - Unit presents a warm and inviting canvas for future returns. Don't miss out on this promising opportunity!
This property offers a solid foundation for generating rental income. It generates rental income from 4 apartments and 7 individually rented rooms. Three of the apartments are one-bedrooms and the other is a 2-bedroom. Projected annual revenue at 100% occupancy $78,060. The average condition of the property presents a canvas for value-add renovations, allowing savvy investors to enhance its appeal and increase rental rates. The unfinished basement provides additional potential for storage or future development, while the single off-street parking option provides added convenience for tenants. Located in a vibrant neighborhood, this property benefits from proximity to local amenities and transportation options, making it attractive to a wide range of potential tenants. Investors will appreciate the potential for cash flow, as the property can be rented out to multiple tenants, diversifying income streams. Don't miss out on the chance to capitalize on this promising investment in Reading!
2 unit building. Renovated. 1st floor is a 2bedroom, rents around 1200 a month. 2nd floor unit is a 4 bedroom and rents around 1400. Off street parking. Tenants pay all utilities. Cap rate 9.5%
2 units rented for $1100 a month each. Unit 3 is commercial unit currently not rented.
Excellent investment opportunity featuring a 4-unit property with a potential garage loft apartment, which could be used as additional storage or an owner's office/suite. The property includes three 1-bedroom units, one 2-bedroom unit, plus the potential 5th unit - garage loft apartment. Additional features include a private patio, off-street parking, and strong income potential. Owner currently pays heat, electric, water, sewer, and trash. Schedule your showing today. Seller is a Licensed PA Real Estate Agent
Fully rented 2 unit building. Large 1st floor unit is 2 bedroom, 2nd floor is a very large 4 bedroom unit spanning the 2nd and 3rd floors. Great addition to your investment portfolio.
Live in one unit and rent the other or rent both for income. The first floor unit is 1 bedroom 1 bath and is vacant. The upstairs unit is 4 bedrooms 1 bath and is vacant. Utilities are separate!The entire building will be delivered vacant and ready for rental according to your preferences. This large duplex is ready for it's new owner!!
Searching for an investment property that offers both stable rental income and an established business? This mixed use opportunity at 351 N 6th St, Reading, PA delivers the best of both worlds with four apartment units and a fully operational laundromat, all included in one sale. The purchase includes the real estate, laundromat business, equipment, and fixtures, making this a true turnkey investment opportunity. The residential units have benefited from numerous updates throughout ownership. Apartment 2 Front has been renovated with a new kitchen, updated bathroom, and newer appliances. Apartment 2 Rear has been partially renovated and also features newer appliances. The first floor apartment includes a new stove, bathroom plumbing updates, and a new sink. Each residential tenant pays their own heat and electric, while ownership is responsible for the water along with the heat and electric serving the laundromat. The laundromat has been extensively improved with upgrades focused on efficiency and long term operation. Recent improvements include updated electrical systems, upgraded plumbing throughout the building, a new entrance door, a renovated office area, and improved basement access with updated stair from not only the exterior but through the security system office room within the laundromat. The business is equipped with a generator supporting the three phase electrical service for the washers, 12 operational washers, 12 dryers with 10 currently in service, an upgraded money machine, a vending machine, and installed skill machines that provide an additional source of income. Per ownership, the laundromat is currently averaging approximately $200 per day in gross revenue. Whether you are looking to expand your investment portfolio or enter the laundromat industry, this property presents an opportunity to own an income producing business alongside four residential units with continued upside potential. Schedule your private showing today!
Back on the market due to buyer's financing falling through. Rare opportunity! Welcome to 1235–1237 Carbon Street—situated in a established neighborhood, this unique property offers great upside potential. The main house is a 3Br/1.5B (one bedroom is a small walkthrough better suited to be used as an office) 2 story home with good bones. For the right buyer, a few cosmetic updates will create instant equity. The 2Br/1Ba 800sqft apartment over the 2 car detached garage is perfect for a multi-generational family to occupy both units, a house-hacker looking to live in the front unit while letting the back unit offset the mortgage, or a savvy investor looking for immediate turn-key gross revenue potential ($2,700–$2,800/month). The apartment was completely remodeled in 2021/2022. A prime location for outdoor enthusiasts with access to the neighborhood trail connecting Glenside Park to Blue Marsh Lake, or take a quick 3-mile ride to Gring's Mill, or hop on the Thun Trail! This location is also great for those who commute with quick access to major routes such as Rt 12, Rt 222/422, and Rt 183. Schedule a showing today!
Excellent investment opportunity! Multi-Family with three residential units. The property features a vacant 1-bedroom unit, the tenant paying electric heat, hot water, and electric stove. The 1st floor rear studio unit is vacant, recently updated, and has a projected rent of approximately $900/month. The 2nd floor host a spacious (occupied) 2-bedroom unit, offers gas boiler heat and electric hot water. They are month to month, paying $1200. The property includes four separate utility meters, providing ease of management and tenant utility responsibility. Each tenant pays their own electric, hot water and heat. Ideal for investors or owner-occupants looking to generate strong rental income. Live in 1 for free, use the other 2 to cover the mortgage. Schedule a showing!
Mixed-Use Investment Opportunity — Owner-Occupy Your Business, Let the Rest Cover Your Costs 520-524 Windsor Street is a mixed-use property that lets you do both: run your business out of the vacant commercial space while the rest of the building generates over $5,200/month in rental income. The numbers: 21 individual garages at $100/month each ($2,100/mo.), plus 2 updated residential units renting at $1,050+ each ($2,100+/mo. combined) — and that's before the commercial space is factored in at all. Move your business into that space and significantly offset, or eliminate, your overhead. The building has been well maintained and recently updated: new garage doors, a fresh black exterior paint job, and renovated residential units positioned to attract solid tenants at strong rents. Whether you're looking to own the building your business operates from, add a diversified income stream to your portfolio, or both, this property checks several boxes — multiple income sources under one roof, with steady demand for garage space in the area. Key Highlights: 21 garages @ $100/mo. = $2,100/mo. 2 updated residential units = $2,100+/mo. Vacant commercial space, ready for owner-occupancy Total income potential: $5,200+/month New garage doors, fresh exterior paint Move-in ready condition
Opportunities like this don't come along often, take advantage of this one! 1208 N 6th st Reading PA , located in one of Reading's best neighborhoods, is a turnkey duplex with off street parking. This property is primed to make a great investment property as a long term hold. The residents of this building have been great long term tenants. The building features 2- 1 bedroom/ 1 bath apts. Rents are $1,050 for one apt and $1,072 for the other. Whether you are looking to house hack as a first time buyer, or just buy and collect rent, this property is a no brainer for your investment needs.
Attention investors! 2 Parcels, on one deed, Detached 3 UNIT and WAREHOUSE. Beautiful well-maintained, multi-unit with brick and vinyl exterior. Stunning large-covered porch, newer roof. All units with separate electrical panels and water heaters. To the rear of the property is where a secured door is to enter basement with coin operated washer and dryer. The office is also located to the rear of proerty and is where you will find the security system. There are 7 cameras total for both parcels. Main floor-Unit 1 offers 2 bedrooms, 1 bath, eat-in-kitchen (patio outside kitchen entrance door), living room. Second floor-Unit 2 offers 1 bedroom, 1 bath, eat-in-kitchen, large living room (can be converted back to original, 2 rooms), Third floor-Unit 3 offers 2 bedrooms, 1 bath, eat-in-kitchen, living room. Rents can be found in documents. Second Parcel on deed is zoned commercial 80-4386-12-96-2955. Large brick warehouse, concrete flooring throughout main floor and basement level. This large building offers, an office space and half bath inside the warehouse, storage is located above main floor, 2-man doors to the north and south, wide garage door, full concrete basement with large utility sink, storge rooms, updated wiring and panel, newer rubber roof, this warehouse/large storeage garage separate and is located to rear of property, one parking in rear, warehouse is accessibly entered through wide alley way.
Recently renovated triplex in the heart of Reading offering a prime investment opportunity with strong income potential. This turnkey property features two of the three units with modern finishes throughout, including new flooring, fresh paint, upgraded kitchens with contemporary cabinetry and countertops. Major improvements provide peace of mind for investors and owner-occupants alike. Each unit offers spacious layouts, abundant natural light, and separate utilities for added convenience and efficiency. Conveniently located close to parks, shopping, restaurants, public transportation, schools, and major commuter routes.Whether you’re looking to expand your portfolio or live in one unit while generating rental income from the others, this move-in-ready triplex is an excellent opportunity in a growing market.
Don't miss this chance to own your business and rent or live in the space above! This amazing opportunity includes the sale of a two-story, two-unit building that consists of a commercial space on the first level (operating as a convenience store currently) and a rentable apartment on the second level, a separate adjacent parcel that has seven-car parking, as well as a detached garage in the rear. In addition to the property, there is also a business opportunity to continue running the current convenience store that occupies the commercial space. Notable features of this mixed-use property include separate gas heating systems for the commercial and residential unit, as well as separate water and electric meters. A huge bonus to this building is the location. It is in a high-traffic part of the city with proximity to the DoubleTree Hotel, Santander Arena, and a Barta station. The convenient parking adjacent to the building is perfect for tenant and customer use that eliminates parking issues within the city. Included in this listing price are the 2-unit building, parking spaces located at 738 Franklin st parcel ID#03-5306-28-99-3544 and the business.
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.