$250,000

Estimated payment $1,427/month

-- Bed
-- Bath
2,046 Sq Ft
$122 Price per Sq Ft

Highlights

  • 1 Car Detached Garage
  • Luxury Vinyl Plank Tile Flooring
  • Radiant Heating System

About This Home

Solid two-unit investment property in Northeast Reading offering dependable rental income. The first-floor unit includes 2 bedrooms and 1 bath with a functional layout suited for everyday living. The second-floor unit offers 3 bedrooms and 1 bath, providing additional space and strong rental appeal. Each unit has separate electric and gas heat, as well as private entrances, creating a practical setup for both tenants and owners. A detached garage on the property is rented separately for storage, generating an additional income stream beyond the residential rents. This building continues to demonstrate stable rental performance, making it suitable for investors seeking a straightforward, income producing property. Located in Northeast Reading, this property benefits from close proximity to schools, public transportation, parks, shopping, and major highways. This two-unit property presents a great opportunity for a new or experienced investor looking to start or expand their portfolio. Make your appointment today.

Listing Agent

Adam Jacobini

(610) 601-9049 adam.jacobini@cbrealty.com Coldwell Banker Realty License #RS345576 Listed on: 12/01/2025

Coldwell Banker Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,325

Year Built

  • Built in 1915

Lot Details

  • 1,742 Sq Ft Lot
  • Property is in good condition

Parking

  • 1 Car Detached Garage
  • Rear-Facing Garage
  • On-Street Parking

Home Design

  • Duplex
  • Brick Exterior Construction
  • Permanent Foundation

Interior Spaces

  • 2,046 Sq Ft Home
  • Unfinished Basement
  • Exterior Basement Entry

Flooring

  • Laminate
  • Luxury Vinyl Plank Tile

Schools

  • 12Th-Marion Elementary School
  • Northeast Middle School
  • Reading Senior High School

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Radiant Heating System
  • 100 Amp Service
  • Natural Gas Water Heater

Community Details

  • 2 Units

Listing and Financial Details

  • Tax Lot 4987
  • Assessor Parcel Number 17-5317-37-06-4987

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,325

Year Built

Built in 1915

Lot Details

0

Parking

1

Listing Details

  • Property Type: Multi-Family
  • Property Sub Type: Duplex
  • Structure Type: Interior Row/Townhouse
  • Ownership: Fee Simple
  • Historic: No
  • Inclusions: Refrigerators
  • New Construction: No
  • Year Built: 1915
  • Building Winterized: No
  • Special Features: None

Interior Features

  • Flooring Type: Vinyl, Laminated, Luxury Vinyl Plank
  • Fireplace: No
  • Foundation Details: Permanent
  • Basement: Yes
  • Basement Type: Outside Entrance, Unfinished
  • Total Sq Ft: 2046
  • Living Area Sq Ft: 2046
  • Price Per Sq Ft: 122.19
  • Above Grade Finished Sq Ft: 2046
  • Above Grade Finished Area Units: Square Feet

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Brick
  • Exterior Features: Sidewalks, Street Lights
  • Spa: No
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage Spaces: 1.00
  • Garage: Yes
  • Garage Features: Garage - Rear Entry
  • Number Of Detached Garage Spaces: 1
  • Total Garage And Parking Spaces: 1
  • Type Of Parking: Detached Garage, On Street

Utilities

  • Central Air Conditioning: No
  • Cooling Fuel: Electric
  • Cooling Type: Wall Unit
  • Electric Service: 100 Amp Service
  • Heating Fuel: Natural Gas
  • Heating Type: Radiant
  • Heating: Yes
  • Hot Water: Natural Gas
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association Recreation Fee: No

Schools

  • Elementary School Source: Listing Agent
  • High School Source: Listing Agent
  • Middle School Source: Listing Agent
  • School District Source: Listing Agent
  • Elementary School: 12TH-MARION
  • High School: READING SENIOR
  • Middle Or Junior School: NORTHEAST

Lot Info

  • Lot Size Acres: 0.04
  • Lot Dimensions: 0.00 x 0.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 1742.00
  • Property Condition: Good
  • Zoning: RES

Rental Info

  • Existing Lease Type: Month To Month
  • Ground Rent Exists: No
  • Number Of Units Month To Month: 1
  • Owner Pays: Management, Repairs, Sewer, Water, Trash Collection, Taxes - Real Estate
  • Rent Control: No
  • Total Actual Rent: 24000.00
  • Units Leased Count: 2
  • Vacation Rental: No

Tax Info

  • School Tax: 875.00
  • Tax Annual Amount: 1325.00
  • Assessor Parcel Number: 17-5317-37-06-4987
  • Tax Lot: 4987
  • County Tax Payment Frequency: Annually
  • Tax Year: 2025

Multi Family

  • Other Units: Unit 1,Unit 2

MLS Schools

  • School District Name: READING

Map

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
12/01/2025 12/01/25 For Sale $250,000 +1566.7% $122 / Sq Ft
01/23/2014 01/23/14 Sold $15,000 +0.7% $7 / Sq Ft View Prior Sale
11/17/2013 11/17/13 Pending -- -- --
11/05/2013 11/05/13 For Sale $14,900 -- $7 / Sq Ft
Source: Bright MLS

About the Listing Agent

Adam Jacobini

Coldwell Banker Realty

(484) 261-9007

Section Image

With a foundation built on integrity and trust, Adam Jacobini brings a rare blend of professionalism, local insight, and heartfelt service to every real estate journey. Since earning his license, Adam has become a trusted name in Berks County real estate, recognized with the Rising Star Award in his first year and honored as Best of Zillow Top 1% in Customer Satisfaction in both 2021 and 2022.

Recognized early on with the Rising Star Award and later honored as Best of Zillow Top 1% in

Source: Bright MLS

MLS Number: PABK2064652

Bright MLS

APN: 5317-37-06-4987