Three - units with two - car garage apartment building in the center park neighborhood, fully occupied, long term ownership, total actual income $ 33.600.00- Expenses $7400.00-solid 7% cap rate. tremendous upside as tenants are month-month, great investment or owner occupied virtually free, sellers have a large collection of properties of every size throughout the city of Reading for investors seeking to acquire or start portfolios, contact listing broker.
Prime Investment Opportunity – 1101 Chestnut St, Reading, PA 19602. Unlock the potential of this versatile mixed-use commercial property located in the heart of Reading! Positioned on a high-visibility corner lot, 1101 Chestnut Street offers immediate income potential and long-term growth—an ideal opportunity for investors or owner-occupants. First Floor –Commercial Space (Vacant): Spacious and flexible layout, perfect for retail, office, or a service-based business. Features excellent street exposure and high foot traffic, making it an ideal spot for entrepreneurs looking to launch or expand. Second Floor Unit 1: 1 Bedroom, 1 Bathroom – A well-designed layout offering comfort and privacy. Unit 2: Studio Apartment – Cozy and efficient, perfect for a single tenant. Unit 3: 3 Bedrooms, 1 Bathroom – Spacious and versatile, ideal for small families or shared living. Each residential unit has a separate entrance, enhancing convenience and privacy for tenants. With a mix of residential rental income and a vacant commercial space ready for occupancy or leasing, this property delivers solid cash flow potential and flexibility. Don’t miss your chance to own a multi-use building in a growing area—schedule your private showing today!
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.
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.
Photos to be added on 5/5/2025 Unique property looking for a new owner. This complex consists of one 2 bedroom single family home, 1 carriage/guest house currently in mid renovation, 3 separate garages all on a large one acre lot offering plenty of parking. The property is in the heart of Berks county making it a short drive to everything essential. The property would be perfect for a contractor/home based business who need storage, office space and indoor equipment housing. The guest house could also be rented out to reduce monthly housing costs. This one is best seen in person to get the broad picture.
FOR SALE: Spacious 5-Unit Building in Prime City Location Welcome to a fantastic investment opportunity! This well-maintained 5-unit building offers spacious layouts in every unit, featuring high ceilings that bring in tons of natural light and an open, airy feel. Each unit is in good condition, all units are tenant occupied. Located just steps from local corner stores, barbershops, and right near the bustling Lancaster Avenue corridor — home to gas stations, Wawa, McDonald’s, and other convenient amenities. Great access for commuters and tenants who value walkability and quick access to everything they need. Perfect for both new investors or seasoned buyers looking for a steady income property in a growing area. Highlights: • 5 Spacious Units • High Ceilings Throughout • Strong Walkable Location • Minutes to Lancaster Ave Shops & Restaurants • Good Condition — Ready to Go! Don’t miss your chance to own a prime multi-unit property in a desirable area! Schedule your showing today!
2 Unit - Prime opportunity on Lancaster Ave—where visibility, versatility, and value meet! This standout mixed-use property features a high-exposure first-floor commercial space (currently a thriving tattoo shop) and a stylish 1-bedroom apartment upstairs. Each unit has its own gas heat, central air, and electric—keeping things simple for owners or tenants. With parking for 8+ cars plus a 1-car garage, your clients, tenants, or customers will love the convenience. Whether you're an investor looking for strong returns or a business owner ready to live where you work, this property delivers. High traffic, huge potential—don’t let this one pass you by! BUSINESS IS NOT FOR SALE
Opportunity knocks with this rare multi-unit with amazing charm and character! 134 Robeson Street-4 unit) a semi-detached Tudor Revival dwelling with 4 licensed income-producing rental units: Unit 1: 1 bedroom, living room with a non-operable fireplace, dining room, kitchen, and bath - $775/month (lease expires12/31/ 2026) tenant pays electric and gas Unit 2: 2nd floor rear, 1 bedroom, bath, living room, and kitchen - $750/month to month lease Tenants pay electric and gas Unit 3: 2nd floor front, 1 bedroom, bath, living room, dining area, and kitchen combo $800 per month lease expires 11/2025. Tenant pays electric, and gas Unit 4: 3rd floor, 1 bedroom, bath, living room, and kitchen - $650/month (month-to-month lease) Tenant has been at the property long term since 2013! Coin -operated laundry in basement for convenience for tenant While the rents are currently low, there is significant potential for growth. Owner is out of state and valued the long term relationships over higher rents. The property is located in a great location overlooking the grounds of the Stirling Mansion. Its adjacent the hip Centre Park Historic District without the restrictions of a Historic District or HARB approval. Tenants enjoy the building's proximity to shopping, highway Rt 61 and the trendy Centre Park offers annual Christmas House Tours, Garden Tours, Events in the Park! No showings on 3rd floor apartment due to tenant sleeps during the day. Special arrangements can be made to show apartment. Additionally, No SHOWINGS ON SUNDAYS.
Three unit apartment building. Owner pays water, sewer, trash. Tenant's pay unit electric and gas.
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.
Sellers are very motivated. Welcome to this multifamily property. Live in one apartment and collect rent from the second one. This duplex offers two (2) units, each one with one bedroom. First floor apartment is vacant. Second floor unit is rented at $850 monthly. Each unit pay their electric heat and electric bill. Both apartments are in very good condition and the vacant one was remodeled before listing. Very low taxes. Both electric water heaters were installed last 2024. In the rear, there is a garage for two (2) vehicles. The size of the garage is around 22 x 18 ft. Vendedores estan muy motivados en vender. Dos apartamentos de una habitacion cada uno, mas un garage para dos vehiculos para posibles ingresos adicionales. El apartamento del primer nivel esta desocupado y listo para colocar nuevos inquilinos o para que los nuevos propietarios lo ocupen. Hablo Español.
Nice large corner property with first floor laundromat that needs a little upgrading of some machines with potential to create a positive cash flow once fully operational. There is not another laundromat in the immediate area. Or this space can be used as a store front for your business. There are two 3 bedroom apartments on the second level that are currently rented, one at 750/month and the other at 850/month. There are also 2 garages that could also be rented to generate more cash flow. Great opportunity to buy one, two or all three properties.
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
Building is vacant needs work 2-2 bedroom units 2nd and 3rd floor 3 bedroom unit first floor and an efficiency
TURNKEY 5 unit as well as second parcel which is a vacant lot. Property consists of 5 residential units (4) 2 Bedroom unit and (1) 3 bedroom and 1.5 units. Adjacent lot could be transformed in to10-12 additional parking spaces creating more cashflow or added incentives to existing tenants. Electric and gas utility is separately metered and paid for by the tenants. Please note this property can be sold individually or together as a package with any or all of the following properties. 108 S 6th st, 114 S 6th st, 115 S 6th st, and 405 Walnut. Building was gutted and renovated including many upgrades ( please see attached KEY FEATURES sheet) for more details. This multiunit has been well maintained and is fully occupied and ready for new owner to step in and begin collecting rent on day1.
TURNKEY 6 unit just a short walk to incoming train station. Property consists of 5 residential units (3) 2 Bedroom unit and (2) 1 bedroom units ,1st floor commercial space as well as two 26 spaces. Electric and gas utilities are separately metered and paid for by the tenants. Please note this property can be sold individually or together as a package with any or all of the following properties. 108 S 6th st, 115 S 6th st, 39 and 43 S 9th st and 405 walnut. Building has been well maintained and is fully occupied. More photos and details to follow
TURNKEY 5 unit just a short walk to incoming train station. Property consists of 4 residential units (1) 3 Bedroom unit and (3) 1 bedroom units ,1st floor commercial space as well as two parking spaces. Electric utility separately metered and paid for by the tenants. Please note this property can be sold individually or together as a package with any of the following properties. 114 S 6th st, 115 S 6th st, 39 and 43 S 9th st and 405 walnut. Many property upgrades and renovations included in attached documents ( key features) Building has been well maintained and is fully occupied and ready for new owner to start making money on day 1
TURNKEY 3 unit just off Penn Ave. Property consists of 3 residential units (2) 2 Bedroom unit and (1) 3 bedroom units. Electric utility is separately metered and paid for by the tenant on 3rd floor Landlord paid heat for floors 1 and 2. Please note this property can be sold individually or together as a package with any or all of the following properties. 108 S 6th st, 114 S 6th st, 115 S 6th st, 39 and 43 S 9th st and . Building has been well maintained and is fully occupied. More photos and details to follow
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 location—don’t miss out on this exceptional investment opportunity!
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
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.
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.
