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Listed by Trent Stauffer • Bold Realty
$ 445,000
Est. payment | /mo
1,742 Sqft Lot
$ 445,000
Est. payment | /mo
1,742 Sqft Lot
Key Details
Property Type Commercial
Sub Type Five Or More Units
Listing Status Active
Purchase Type For Sale
MLS Listing ID PABK2079458
Year Built 1900
Annual Tax Amount $1,479
Tax Year 2026
Lot Size 1,742 Sqft
Acres 0.04
Property Sub-Type Five Or More Units
Source BRIGHT
Property Description
Five-unit apartment building in the City of Reading, fully leased with $4,300/month in scheduled rent ($51,600/yr). Three-story building with 1 bedroom, 1 bath apartments. Three renovated units (1F, 1R, 2F) feature shaker cabinets, dark counters, black appliances with built-in microwaves, wood-look plank floors, tiled baths, and in-unit stackable washer/dryers; 1R also has a ductless mini-split. Professionally managed with staggered lease expirations through 2027. Low annual taxes of approx. $1,479 (2026 assessment $31,800). A strong cash-flowing addition for investors looking to scale in Berks County. All units tenant occupied; showings by appointment with 24-hour notice. Please do not disturb tenants.
Location
State PA
County Berks
Area Reading City (10201)
Zoning R-3
Interior
Hot Water Electric
Heating Hot Water
Cooling Ductless/Mini-Split
Heat Source Electric
Exterior
Water Access N
Accessibility None
Garage N
Building
Sewer Public Sewer
Water Public
New Construction N
Schools
School District Reading
Others
Tax ID 02-5306-36-98-9722
Ownership Fee Simple
Special Listing Condition Standard
NEARBY SCHOOL & BUSINESS
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