$220,000

125 N 8th St Reading, PA 19601

Southeast Reading Neighborhood

Estimated payment $1,298/month

Total Views 1,272
-- Bed
-- Bath
1,580 Sq Ft
$139 Price per Sq Ft

Highlights

  • Popular Property
  • Colonial Architecture
  • Porch
  • Second Kitchen
  • Main Floor Bedroom
  • Double Pane Windows

About This Home

Downtown City of Reading middle row 2 unit building located in the C-R zoning district, currently being used as 2 fully occupied residential units but the main level is zoned commercial and not legally permitted for residential. Unit 1 - 1st fl, 3 rooms, 1 BR, liv, kit, bath, electric cooking, gas F/A heat, central air unit not working, replacement windows. rented for $750 a month on a M/M basis. Tenant pays for electric & gas heat. Unit 2 - 2nd & 3rd fl, 4 rooms, 2 BRS, liv, kit, bath, electric cooking. electric hot water for both units, gas F/A heat, replacement windows. rented for $800 a month on a M/M basis. Tenant pays for electric, electric hot water for both units, gas heat. Note: There's only ONE electric hot water heater for both units and its paid by the unit 2 tenant. Total income: 18,600. Total expenses: 6,439. NOI: 12,161. Cap Rate: 5.50%. Expenses breakdown: Taxes: 1,659. Ins: 1,500. W/S/T/R: 3,180. Permit: 100. Additional features include an asphalt shingle roof, 200 AMP main electric, 2-100 AMP breaker panels, off street parking for 2 cars. To be sold as a package deal with 129 N. 8th Street, Reading, PA 19601 - 225k. 132 Cedar Street, Reading, PA 19601 - 20k & 134 Cedar Street, Reading, PA 19601 - 20k. Total package price is $465k. This is an estate sale and is to be sold AS IS.

Listing Agent

Jose Candelaria

(610) 207-8066 jcandelaria@goberkscounty.com RE/MAX Of Reading License #RS193774L Listed on: 11/17/2025

RE/MAX Of Reading

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,659

Year Built

  • Built in 1900

Lot Details

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

Home Design

  • Duplex
  • Colonial Architecture
  • Brick Exterior Construction
  • Stone Foundation
  • Asphalt Roof

Interior Spaces

  • 1,580 Sq Ft Home
  • Double Pane Windows
  • Replacement Windows
  • Double Hung Windows
  • Unfinished Basement
  • Interior and Exterior Basement Entry

Kitchen

  • Second Kitchen
  • Electric Oven or Range
  • Range Hood

Flooring

  • Laminate
  • Ceramic Tile

Bedrooms and Bathrooms

  • Main Floor Bedroom
  • Bathtub with Shower

Laundry

  • Electric Dryer
  • Washer

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector
  • Fire Escape

Parking

  • 12 Open Parking Spaces
  • 14 Parking Spaces
  • 2 Off-Street Spaces
  • Parking Lot

Outdoor Features

  • Patio
  • Exterior Lighting
  • Porch

Utilities

  • Forced Air Heating and Cooling System
  • Window Unit Cooling System
  • Above Ground Utilities
  • 200+ Amp Service
  • Multi-Tank Electric Water Heater
  • Municipal Trash

Listing and Financial Details

  • Tax Lot 5078
  • Assessor Parcel Number 08-5307-84-91-5078

Community Details

Overview

  • 2 Units
  • 4-Story Building

Building Details

  • Income includes apartment rentals
  • Insurance Expense $1,500
  • Other Expense $4,839
  • Operating Expense $6,439
  • Gross Income $18,600
  • Net Operating Income $12,161

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,659

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Property Sub Type: Duplex
  • Structure Type: Interior Row/Townhouse
  • Architectural Style: Colonial
  • Ownership: Fee Simple
  • Historic: No
  • Inclusions: 2 Range/Ovens, 2 Refrigerators
  • New Construction: No
  • Other Expense: 4839.00
  • Year Built: 1900
  • Building Winterized: No
  • Special Features: None

Interior Features

  • Appliances: Oven/Range - Electric, Range Hood, Water Heater, Washer, Dryer - Electric
  • Flooring Type: Ceramic Tile, Laminated
  • Interior Amenities: 2nd Kitchen, Bathroom - Tub Shower, Entry Level Bedroom
  • Window Features: Double Hung, Double Pane, Replacement
  • Fireplace: No
  • Foundation Details: Stone
  • Basement: Yes
  • Basement Type: Interior Access, Outside Entrance, Unfinished
  • Total Sq Ft: 1580
  • Living Area Sq Ft: 1580
  • Price Per Sq Ft: 139.24
  • Above Grade Finished Sq Ft: 1580
  • Above Grade Finished Area Units: Square Feet

Exterior Features

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

Garage/Parking

  • Garage: No
  • Parking Features: Asphalt Driveway
  • Total Garage And Parking Spaces: 14
  • Type Of Parking: Parking Lot, Off Street
  • Off Street Parking Spaces: 2
  • Parking Lot Number Of Spaces: 12

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C, Window Unit(s)
  • Electric Service: 200+ Amp Service, Circuit Breakers
  • Heating Fuel: Natural Gas
  • Heating Type: Forced Air
  • Heating: Yes
  • Hot Water: Electric, Multi-Tank
  • Security: Smoke Detector, Carbon Monoxide Detector(s)
  • Sewer/Septic System: Public Sewer
  • Utilities: Above Ground
  • Water Source: Public
  • Municipal Trash: Yes

Schools

  • School District Source: Listing Agent

Lot Info

  • Lot Size Acres: 0.04
  • Lot Dimensions: 0.00 x 0.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 1742.00
  • Outdoor Living Structures: Patio(s), Porch(es), Roof
  • Property Condition: Average
  • Zoning: C-R

Rental Info

  • Existing Lease Type: Month To Month
  • Ground Rent Exists: No
  • Number Of Units Month To Month: 2
  • Owner Pays: Common Area Maintenance, Insurance, Lawn/Shrub Care, Repairs, Sewer, Sewer Maintenance, Snow Removal, Taxes - Real Estate, Trash Collection, Water
  • Rent Control: No
  • Total Actual Rent: 18600.00
  • Units Leased Count: 2
  • Vacation Rental: No

Tax Info

  • School Tax: 660.00
  • Tax Annual Amount: 1659.00
  • Assessor Parcel Number: 08-5307-84-91-5078
  • Tax Lot: 5078
  • County Tax Payment Frequency: Annually
  • Tax Year: 2025

Multi Family

  • Gross Income: 18600.00
  • Gross Scheduled Income: 18600.00
  • Income Includes: Apartment Rentals
  • Operating Expense: 6439.00
  • Other Units: Unit 1,Unit 2

MLS Schools

  • School District Name: READING

Map

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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
11/17/2025 11/17/25 For Sale $220,000 -- $139 / Sq Ft
Source: Bright MLS

Source: Bright MLS

MLS Number: PABK2065436

Bright MLS
Pennsylvania Berks County Reading 19601 Southeast Reading

125 N 8th St, Reading, PA

For Sale

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Jose Candelaria
Listing Agent
Jose Candelaria
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RE/MAX Of Reading
(484) 992-8496