120 W Elm St Reading, PA 19601
Sixth Ward NeighborhoodEstimated payment $1,079/month
Highlights
- Traditional Architecture
- More Than Two Accessible Exits
- 1-minute walk to Barbey's Park
- 2 Car Attached Garage
- Electric Baseboard Heater
About This Home
Currently professionally managed and ready for its next owner, this duplex is an ideal opportunity for both investors and owner-occupants alike.
The property features two 1-bedroom units with a flexible setup. Move into the vacant, freshly remodeled first-floor unit while collecting $850/month from your already-tenanted second-floor neighbor, or simply add both units to your rental portfolio and let the property manager handle the rest. Projected first-floor rental income: $875/month.
Each unit is separately metered, so tenants pay their own heat and electric bills, keeping your out-of-pocket expenses to a minimum. Both units are in good condition, and both electric water heaters were replaced in 2024. The property also benefits from very low taxes, making the cash flow picture even more attractive.
Out back, you'll find a 2-car garage that, while currently without a door, represents a straightforward value-add opportunity — install a garage door and increase both the property's value and its income potential. There is also additional 2-car parking space in the front of the garage.
Listing Agent
(484) 450-8771 admin@ironvalleyrealestateofberks.com Iron Valley Real Estate of Berks Brokerage Phone: 4844508771 License #RS375006 Listed on: 08/19/2026
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $1,010
Year Built
- Built in 1910
Parking
- 2 Car Attached Garage
- Rear-Facing Garage
Home Design
- Duplex
- Traditional Architecture
- Brick Exterior Construction
- Stone Foundation
- Asphalt Roof
- Rubber Roof
Interior Spaces
- 1,080 Sq Ft Home
- Laminate Flooring
Unfinished Basement
- Basement Fills Entire Space Under The House
- Rear Basement Entry
Utilities
- Window Unit Cooling System
- Electric Baseboard Heater
- Electric Water Heater
Additional Features
- More Than Two Accessible Exits
- 1,742 Sq Ft Lot
Community Details
- 2 Units
- 1 Vacant Unit
Listing and Financial Details
- Tax Lot 5703
- Assessor Parcel Number 06-5307-73-51-5703
Map
Home Values in the Area
Average Home Value in this Area
Tax History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2026 | $632 | $22,400 | $5,600 | $16,800 |
| 2025 | $608 | $22,400 | $5,600 | $16,800 |
| 2024 | $995 | $22,400 | $5,600 | $16,800 |
| 2023 | $979 | $22,400 | $5,600 | $16,800 |
| 2022 | $979 | $22,400 | $5,600 | $16,800 |
| 2021 | $979 | $22,400 | $5,600 | $16,800 |
| 2020 | $969 | $22,400 | $5,600 | $16,800 |
| 2019 | $969 | $22,400 | $5,600 | $16,800 |
| 2018 | $969 | $22,400 | $5,600 | $16,800 |
| 2017 | $963 | $22,400 | $5,600 | $16,800 |
| 2016 | $550 | $22,400 | $5,600 | $16,800 |
| 2015 | $550 | $22,400 | $5,600 | $16,800 |
| 2014 | $506 | $22,400 | $5,600 | $16,800 |
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 09/25/2026 09/25/26 | For Sale | $175,000 | 0.0% | $162 / Sq Ft | |
| 09/15/2026 09/15/26 | Pending | -- | -- | -- | |
| 08/19/2026 08/19/26 | For Sale | $175,000 | +84.2% | $162 / Sq Ft | |
| 04/05/2024 04/05/24 | Sold | $95,000 | -4.9% | $88 / Sq Ft | View Prior Sale |
| 03/26/2024 03/26/24 | Pending | -- | -- | -- | |
| 03/15/2024 03/15/24 | For Sale | $99,900 | +1103.8% | $93 / Sq Ft | |
| 01/10/2014 01/10/14 | Sold | $8,299 | -17.0% | $8 / Sq Ft | View Prior Sale |
| 12/01/2013 12/01/13 | Pending | -- | -- | -- | |
| 11/21/2013 11/21/13 | For Sale | $10,000 | -- | $9 / Sq Ft |
Purchase History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Deed | $95,000 | Conestoga Title | |
| Deed | $8,299 | None Available | |
| Sheriffs Deed | $1,500 | None Available | |
| Deed | $30,000 | None Available | |
| Deed | $8,000 | -- | |
| Interfamily Deed Transfer | -- | -- |
Mortgage History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $24,000 | Fannie Mae Freddie Mac |
Source: Bright MLS
MLS Number: PABK2073522
APN: 5307-73-51-5703
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
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, and is provided by BRIGHT through a licensing agreement.
Listing information is from various brokers who participate in the Bright MLS IDX program and not all listings may be visible on the site.
The property information being provided on or through the website is for the personal, non-commercial use of consumers and such information 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 the website may no longer be available because they are for instance, under contract, sold or are no longer being offered for sale.
Property information displayed is deemed reliable but is not guaranteed.
Copyright 2026 Bright MLS, Inc.
Ask me questions while you tour the home.