145 Spring Valley Rd Reading, PA 19605
Estimated payment $5,559/month
Highlights
- 3 Car Detached Garage
- Hot Water Heating System
- Carpet
- Instant Hot Water
About This Home
Rare opportunity to acquire a detached 7-unit investment property offering strong cash flow, low expenses, and long-term stability. This well-maintained building features a solid tenant base with mostly long-term occupants, delivering consistent monthly income of $8,970 with minimal annual expenses of just $14,211. Designed for efficiency, each unit is separately metered with tenants paying their own electric and heat, significantly reducing owner overhead. Every unit is equipped with a high-efficiency combi system providing heat and on-demand hot water—eliminating traditional tanks while offering modern, reliable performance. The property also includes three garages, creating additional income potential, along with ample on-site parking for tenants and extra spaces that can be rented for added revenue. As a detached building, it offers privacy, strong curb appeal, and ease of management compared to attached properties. Located in the highly desirable Muhlenberg School District, this property benefits from strong rental demand and convenient access to major routes, shopping, and everyday amenities. A true turnkey, income-producing asset with excellent fundamentals and upside potential—ideal for any investor looking to expand their portfolio.
Listing Agent
(888) 397-7352 pa.broker@exprealty.net EXP Realty, LLC Brokerage Phone: 8883977352 Listed on: 04/15/2026
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $5,222
Year Built
- Built in 1900
Lot Details
- 9,147 Sq Ft Lot
- Property is in good condition
Parking
- 3 Car Detached Garage
- 10 Open Parking Spaces
- 10 Off-Street Spaces
- Rear-Facing Garage
- Parking Lot
Home Design
- Flat Roof Shape
- Permanent Foundation
- Frame Construction
- Pitched Roof
- Shingle Roof
Flooring
- Carpet
- Laminate
- Vinyl
Schools
- Muhlenberg Middle School
- Muhlenberg High School
Utilities
- Heating System Uses Natural Gas
- Hot Water Heating System
- 100 Amp Service
- Municipal Trash
Additional Features
- Instant Hot Water
- Basement Fills Entire Space Under The House
Listing and Financial Details
- Tax Lot 3812
- Assessor Parcel Number 66-5318-09-15-3812
Community Details
Overview
- 4 Units
- 2-Story Building
Building Details
- 1 Vacant Unit
- Income includes apartment rentals, parking
- Operating Expense $14,211
- Net Operating Income $14,211
Map
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 05/08/2026 05/08/26 | Price Changed | $944,900 | -4.9% | -- |
| 04/15/2026 04/15/26 | For Sale | $994,000 | -- | -- |
Source: Bright MLS
MLS Number: PABK2070798
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.
- 2600 Kutztown Rd
- 255 Isabella Ct
- 2408 Kutztown Rd
- 118 Park Ave
- 431 Raymond St
- 3146 Montrose Ave
- 1054 Alexander Dr
- 3318 Fremont St
- 3211 Marion St
- 3300 Marion St
- 3313 Marion St
- 3416 Montclare St
- 729 Bruckman Ave
- 1312 E Bellevue Ave
- 613 Crescent Ave
- 1211 E Bellevue Ave
- 612 Crescent Ave
- 3534 Arlington St
- 3527 Kutztown Rd
- 0 Rockland St Unit PABK2041018
- 145 Spring Valley Rd Unit 145-#1A - 2bed room
- 2258 Northmont Blvd
- 1566 N 10th St
- 1060 Pike St
- 1635 Centre Ave
- 1321 Birch St
- 1411 Church St
- 1301 Hampden Blvd
- 1301 Hampden Blvd
- 909 Marion St
- 4616 Commerce St
- 144 Water St Unit D
- 1007 N 10th St Unit 2
- 928 Mulberry St
- 940 N 12th St
- 1047 Madison Ave
- 837 Locust St
- 754 N 11th St Unit 3F
- 729 Euclid Ave
- 4900 Kutztown Rd Unit 1
Ask me questions while you tour the home.