Reading PA Multi Family for Sale

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Type:
Triplex
Sq.Ft.:
n/a
Status:
NEW LISTING
Beds:
n/a
Lot size:
0.03 Acres
Year built:
1912
Baths:
MLS#:
PABK2052104
Subdivision:
Reading

ADDITIONAL INFORMATION

House Hacking Opportunity! 550 Douglass St, Reading, PA 19601. This 3-unit property offers strong cash flow with two units currently rented ($850 & $1250/month). Ideal for house hacking, live in the back detached cottage; bi level 1-bedroom unit while enjoying rental income from the front building. Two parcels on one lot provide flexibility and privacy. Recent upgrades include oil to gas heat conversion with brand new high-efficiency boilers for both units in the front building. And roof/exterior repairs on both properties. This property just passed inspection this year so it is up to code. Unit 1 consist of a large 1bd 1ba unit, unit 2 consist of a bi level 3bd 1ba unit. And unit 3 is a separate bi level one bed room unit.

Type:
Triplex
Sq.Ft.:
n/a
Status:
Active
Beds:
n/a
Lot size:
0.05 Acres
Year built:
1900
Baths:
MLS#:
PABK2051696

ADDITIONAL INFORMATION

This beautifully maintained triplex, located on a quiet street near the historic district, is an incredible opportunity for investors or those seeking rental income. The first-floor unit features a spacious living room, an eat-in kitchen, bathroom, and 2 bedrooms. The second-floor unit offers a cozy living and dining room, a kitchen, bathroom, and 1 bedroom with the potential to convert into 2 bedrooms. The third-floor unit includes a charming living room/kitchen combo, a bathroom, and 1 bedroom. Recently upgraded from oil to gas heat, this property also boasts ample storage, with yard space easy to maintain, and laundry hookups in the basement. Fully occupied with steady rental income, tenants pay their own electric and gas utility. This gem won’t last long—schedule your showing today!

Type:
Townhouse
Sq.Ft.:
n/a
Status:
Active
Beds:
n/a
Lot size:
0.11 Acres
Year built:
1880
Baths:
MLS#:
PABK2051414

ADDITIONAL INFORMATION

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!

Type:
Single Family
Sq.Ft.:
n/a
Status:
Active
Beds:
n/a
Lot size:
0.05 Acres
Year built:
1890
Baths:
MLS#:
PABK2050442

ADDITIONAL INFORMATION

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

Type:
Other
Sq.Ft.:
n/a
Status:
Active
Beds:
n/a
Lot size:
0.04 Acres
Year built:
1900
Baths:
MLS#:
PABK2047954

ADDITIONAL INFORMATION

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.

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Andrea Conner, Maryland License 667140, Xome Inc., License 667140, [email protected], 844-400-XOME (9663), 750 State Highway 121 Bypass, Suite 100, Lewisville, TX 75067
Andrea Conner, D.C. License BR200200783, Xome Inc., License CO98372739, [email protected], 844-400- 9663, 750 State Highway 121 Bypass, Suite 100, Lewisville, TX 75067
Andrea Conner, PA License # RM425337, Xome Inc., PA License #RB067821, [email protected], 844-400-XOME (9663), 750 State Highway 121 Bypass, Suite 100, Lewisville, TX 75067
Andrea Conner, NJ License # 1758875, Xome Inc. NJ License # 2326449, [email protected], 844-400-XOME (9663), 750 State Highway 121 Bypass, Suite 100, Lewisville, TX 75067

© BRIGHT, All Rights Reserved - The data relating to real estate for sale on this website appears in part through the BRIGHT Internet Data Exchange program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms in which Xome Inc. participates, and is provided by BRIGHT through a licensing agreement. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. The information provided by this website is for the personal, non-commercial use of consumers and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale on this website may no longer be available because they are under contract, have Closed or are no longer being offered for sale. Home sale information is not to be construed as an appraisal and may not be used as such for any purpose. BRIGHT MLS is a provider of home sale information and has compiled content from various sources. Some properties represented may not have actually sold due to reporting errors.



Reading Real Estate

The median home value in Reading, PA is $206,000. 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 $206,000. 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 19601 has a population of 94,161. Reading 19601 is less family-centric than the surrounding county with 25.89% 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 19601 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 19601 is 30.8 years.

Reading Weather

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.

Reading Real Estate Market Conditions

  • Median sales price

    N/A
  • # Active listings

    43
    30-day change

Reading Schools and Demographics

Education near Reading, PA

Metric City County
High School Graduates 71.46 87.55
College Degree - 2 year 7.02 9.06
College Degree - 4 year 10.77 25.89
Graduate Degree 3.08 7.09
Expenditures per Student 18,007 18,007
Students per Teacher 14.7 14.7

Elementary Schools near Reading, PA

School Grades Students P/T Ratio ZIP
Amanda E Stout Elementary School PK - 05 901 16.4 19602
Glenside Elementary School PK - 05 427 18.3 19601
Lauers Park Elementary School PK - 05 803 19.9 19601
Millmont El School PK - 05 643 15.4 19611
Northwest Elementary School PK - 05 769 18.8 19601
Riverside Elementary School KG - 05 873 18.3 19601
Sixteenth & Haak Elementary School PK - 05 710 22 19602
Tenth & Green Elementary School PK - 05 740 16.8 19604
Tenth & Penn Elementary School PK - 05 576 18.5 19601
Thirteenth & Union Elementary School PK - 05 938 20.4 19604
Twelfth & Marion Elementary School KG - 05 654 19.8 19604
Tyson-Schoener Elementary School PK - 05 671 16.6 19602
Wyomissing Hills El Center KG - 04 656 14.5 19610

Middle Schools near Reading, PA

School Grades Students P/T Ratio ZIP
Northeast Middle School 06 - 07 819 15.1 19604
Northwest Middle School 06 - 07 653 16 19601
Southern Middle School 06 - 07 573 14.9 19602
Southwest Middle School 06 - 07 459 14 19602
West Reading El Center 05 - 06 302 13.6 19611

High Schools near Reading, PA

School Grades Students P/T Ratio ZIP
I-Lead Charter School 09 - 12 516 21.6 19601
Reading Senior High School 10 - 12 3,044 19.4 19604
Wyomissing Area Junior/Senior High School 07 - 12 947 13 19610

Ungraded Schools near Reading, PA

School Grades Students P/T Ratio ZIP
* Reading Muhlenberg CTC 09 - 12 0 19604
Reading Intermediate HS 08 - 09 2,321 17.1 19604

Demographics near Reading, PA 19601

Metric Zip Code City
Neighborhood Type Inner City
Population 94,161 426,967
Population Density 9,587 499
Median Age 30.8 40
People per Household 2.8 2.6
Median Household Income 38,738 69,272
Average Income per Capita 18,557 34,519