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.
Welcome to 232 S. 3rd St. This is the 4 unit Multi Family property you have been waiting for! Move right in to the first floor unit or have it immediately available to rent! The 1st floor features a 2 bedroom apartment that is spacious and runs the who first floor of this property. Formal living room and a huge eat in kitchen! This unit has been remodeled and has private access to the yard that come with 2 - 4 parking spaces! The second floor has 2 apartments a rear and a front. The rear apartment is currently tenant occupied, it is a spacious studio with in an eat in kitchen. The Front apartment is also has a spacious eat in kitchen followed by bedroom and update bathroom. The 2F unit has also been nicely remodeled and currently vacant for occupancy! The 3rd floor features the last unit, it is a 1 bedroom apt with eat in kitchen, living room and private bedroom. This unit is currently occupied by tenant, from this unit you can see the new rubber roofing and has access to a fire escape to the back that provides exit and safety to all the units! All the units have separate heating and gas. As the Owner of the building, the expenses are water/sewer/trash bill, common area electricity, taxes and insurance. This property has been very well maintained with all necessary updates and exterior maintenance all ready done. Truly a turn key opportunity to start investing or add a great property to an investment portfolio!
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
Great opportunity to own this excellent property right on the intersection of Lancaster ave, and Philadelphia ave. First floor is perfect for many retail business, such as hair salon, clothing boutique, insurance office, vape shop, and much more. The first floor also offers a full bath room, and a full kitchen, ( this could be a 3rd unit.) The second floor offers a very large unit with modern kitchen, nice living room, laundry, and 3 private bedrooms. This is a great investment for someone that would like to run its own business and live upstairs, or buy it and rent it out. Utilities are separate, owner would have to pay just water, and sewer. Please call if you have any questions.
Welcome to 119 N 23rd St, Reading, PA a four-bedroom, three full-bathrooms home with 2,304 sq. ft. of living space. It features a spacious lot, backing to trees, offering scenic views of the surrounding woods and mountains. This home is in great condition, reflecting its well-maintained state over the years. Be greeted by a large living room with a fireplace, and then the living room. Next to the living room, you'll find a foyer, another bedroom with it's own entrance and a full bathroom, perfect for in-laws or individuals in need of one floor living. Another living room can be found on the main floor then the spacious kitchen. A sun room is located next to the kitchen that can lead you to a nice deck and and to the backyard. A carport for two cars can be found on the the back of the home as well. On the second floor you'll find a bonus room, a full bathroom and two other private bedrooms. Another large bedroom can be found on the 3rd floor with plenty of storage space. The walkout basement is partially finished with another full bathroom and more living space. This property is also zoned commercial, and it can be suitable for a small business owner looking to have a store front, office or a business approved by the Boro to operate on premises.
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!
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 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 vacant with a 3 bedroom apartment. Schedule your showing today.
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.
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!
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!
Welcome to this property in the north side of Reading. This property has 3 residential units. The first floor unit has a two bedroom apartment currently vacant and can be rented out for $1200, 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 have replacement windows. One of the great features is that the roof is newer and was installed in 2020!
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.
The median home value in Reading, PA is $243,000. This is lower than the county median home value of $257,000. The national median home value is $338,100. The average price of homes sold in Reading, PA is $243,000. Approximately 35.83% of Reading homes are owned, compared to 53.93% rented, while 10.24% are vacant. Reading real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you’re interested in, contact a Reading real estate agent to arrange a tour today!
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.