$650,000
PENDING

328 High St Reading, PA 19606

Estimated payment $4,076/month

Total Views 2,536
-- Bed
-- Bath
5,297 Sq Ft
$123 Price per Sq Ft

Highlights

  • Deck
  • Traditional Architecture
  • Attic
  • Traditional Floor Plan
  • Wood Flooring
  • Corner Lot

About This Home

Add this Turnkey 6-unit investment property to your portfolio! This is the one you have been waiting for with scheduled gross rents of $79,440 for 2025! Quiet suburban location for your tenants, limits your vacancy rate. Built as a multi-family building you have a practical floor plan you and your tenants will appreciate. Four units on main and upper levels mirror each other. Two lower-level units one on each end of the building. Four units are each two bedrooms and one full bathroom along with kitchen, dining room, and living room. The two lower-level units are studios. Basement offers storage lockers for each unit and coin operated laundry for additional income. Tenants pay most of the utilities. Four units are individual gas heat and hot water which tenants pay for. Seven electric meters so tenants pay for their own electricity. Two lower-level unit expenses are shared between owner and tenant. Income and expense breakdowns are provided in documents which include leases, expenses, and 6-unit license from township. After expenses, assuming 5% of the gross rents for maintenance and 5% for vacancy, building net operating income is over $52K a year with room to grow your gross rents. Don’t miss out on this incredible opportunity!

Listing Agent

Jeffrey Martin

(610) 207-8474 jmartin@c21gold.com Century 21 Gold License #RS219358L Listed on: 08/25/2025

Century 21 Gold

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,390

Year Built

  • Built in 1920

Lot Details

  • 6,098 Sq Ft Lot
  • Corner Lot
  • Level Lot
  • Cleared Lot
  • Back, Front, and Side Yard
  • Property is in very good condition

Parking

  • On-Street Parking

Home Design

  • Traditional Architecture
  • Poured Concrete
  • Plaster Walls
  • Frame Construction
  • Rubber Roof
  • Cast Iron Plumbing
  • Copper Plumbing
  • CPVC or PVC Pipes
  • Masonite
  • Masonry
  • Stucco

Interior Spaces

  • Traditional Floor Plan
  • Built-In Features
  • Paneling
  • Ceiling Fan
  • Double Pane Windows
  • Awning
  • Replacement Windows
  • Window Treatments
  • Window Screens
  • Dining Area
  • Attic

Kitchen

  • Eat-In Galley Kitchen
  • Gas Oven or Range

Flooring

  • Wood
  • Carpet
  • Stone
  • Ceramic Tile
  • Vinyl

Bedrooms and Bathrooms

  • Bathtub with Shower
  • Walk-in Shower

Laundry

  • Dryer
  • Washer

Unfinished Basement

  • Connecting Stairway
  • Rear Basement Entry
  • Drain
  • Shelving

Home Security

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

Outdoor Features

  • Balcony
  • Deck
  • Patio
  • Exterior Lighting
  • Porch

Location

  • Suburban Location

Utilities

  • Window Unit Cooling System
  • Radiator
  • Hot Water Baseboard Heater
  • Hot Water Heating System
  • 200+ Amp Service
  • Natural Gas Water Heater
  • Phone Available
  • Cable TV Available

Community Details

  • 4 Units
  • Income includes apartment rentals, laundry

Listing and Financial Details

  • Tax Lot 6160
  • Assessor Parcel Number 23-5317-20-90-6160

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,390

Year Built

Built in 1920

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Structure Type: Detached
  • Architectural Style: Traditional
  • Ownership: Fee Simple
  • Inclusions: (6) Ranges, (6)Refrigerators, Washer, Dryer
  • New Construction: No
  • Expected On Market: 8/25/2025 12:00:00 AM
  • Year Built: 1920
  • Automatically Close On Close Date: No
  • Building Winterized: No
  • Remarks Public: Add this Turnkey 6-unit investment property to your portfolio! This is the one you have been waiting for with scheduled gross rents of $79,440 for 2025! Quiet suburban location for your tenants, limits your vacancy rate. Built as a multi-family building you have a practical floor plan you and your tenants will appreciate. Four units on main and upper levels mirror each other. Two lower-level units one on each end of the building. Four units are each two bedrooms and one full bathroom along with kitchen, dining room, and living room. The two lower-level units are studios. Basement offers storage lockers for each unit and coin operated laundry for additional income. Tenants pay most of the utilities. Four units are individual gas heat and hot water which tenants pay for. Seven electric meters so tenants pay for their own electricity. Two lower-level unit expenses are shared between owner and tenant. Income and expense breakdowns are provided in documents which include leases, expenses, and 6-unit license from township. After expenses, assuming 5% of the gross rents for maintenance and 5% for vacancy, building net operating income is over $52K a year with room to grow your gross rents. Don’t miss out on this incredible opportunity!
  • Special Features: VirtualTour
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Dryer, Oven/Range - Electric, Oven/Range - Gas, Refrigerator, Washer
  • Flooring Type: Carpet, Ceramic Tile, Hardwood, Stone, Vinyl
  • Interior Amenities: Attic, Bathroom - Stall Shower, Bathroom - Tub Shower, Built-Ins, Carpet, Ceiling Fan(s), Dining Area, Floor Plan - Traditional, Kitchen - Eat-In, Kitchen - Galley, Window Treatments, Wood Floors
  • Window Features: Double Pane, Replacement, Screens
  • Fireplace: No
  • Wall Ceiling Types: Dry Wall, Paneled Walls, Plaster Walls
  • Foundation Details: Other
  • Basement: Yes
  • Basement Type: Connecting Stairway, Drain, Outside Entrance, Poured Concrete, Rear Entrance, Shelving, Unfinished
  • Total Sq Ft: 5297
  • Living Area Sq Ft: 5297
  • Price Per Sq Ft: 184.08
  • Above Grade Finished Sq Ft: 3531
  • Below Grade Finished Sq Ft: 1766
  • Total Below Grade Sq Ft: 1766
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 328

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Block, Cast Iron Plumbing, Concrete, Copper Plumbing, Cpvc/Pvc, Frame, Masonite, Masonry, Stucco
  • Exterior Features: Awning(s), Exterior Lighting, Fire Escape, Sidewalks, Street Lights
  • Road Surface Type: Paved
  • Roof: Rubber
  • View: Street
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Type Of Parking: On Street

Utilities

  • Central Air Conditioning: No
  • Cooling Fuel: Electric
  • Cooling Type: Ceiling Fan(s), Window Unit(s)
  • Electric Service: 200+ Amp Service, Circuit Breakers
  • Heating Fuel: Natural Gas, Electric
  • Heating Type: Baseboard - Hot Water, Hot Water, Hot Water & Baseboard - Electric, Radiator
  • Heating: Yes
  • Hot Water: Natural Gas
  • Security: Carbon Monoxide Detector(s), Exterior Cameras, Fire Detection System, Smoke Detector
  • Sewer/Septic System: Public Sewer
  • Utilities: Cable Tv Available, Natural Gas Available, Phone Available, Sewer Available, Water Available
  • Water Source: Public

Schools

  • School District: ANTIETAM
  • School District Key: 300200397315
  • School District Source: Listing Agent

Lot Info

  • Land Use Code: 4200
  • Lot Features: Cleared, Corner, Front Yard, Level, Rear Yard, Sideyard(s)
  • Lot Size Acres: 0.14
  • Lot Dimensions: 0.00 x 0.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 6098.00
  • Outdoor Living Structures: Balcony, Deck(s), Patio(s), Porch(es)
  • Property Condition: Very Good
  • Year Assessed: 2025
  • Zoning: R-4

Rental Info

  • Number Of Units Month To Month: 6
  • Owner Pays: Accounting/Legal, Advertising/Licenses And Permits, Common Area Maintenance, Insurance, Lawn/Shrub Care, Management, Pest Control, Repairs, Sewer
  • Vacation Rental: No

Tax Info

  • School Tax: 5392.00
  • Tax Annual Amount: 7390.00
  • Assessor Parcel Number: 23-5317-20-90-6160
  • Tax Lot: 6160
  • County Tax Payment Frequency: Annually
  • Tax Year: 2025

Multi Family

  • Income Includes: Apartment Rentals, Laundry
  • Other Units: Unit 1,Unit 2,Unit 4,Unit 5,Unit 3,Unit 6

MLS Schools

  • School District Name: ANTIETAM

Map

Range of Values:

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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
08/31/2025 08/31/25 Pending -- -- --
08/25/2025 08/25/25 For Sale $650,000 -- $123 / Sq Ft
Source: Bright MLS

Source: Bright MLS

MLS Number: PABK2061722

Bright MLS

APN: 23-5317-20-90-6160