749 N 9th St Reading, PA 19604
Outlet Area NeighborhoodEstimated payment $3,103/month
Highlights
- Traditional Architecture
- Window Unit Cooling System
- Property is in excellent condition
- Double Pane Windows
- Hot Water Heating System
- Vinyl Flooring
About This Home
Welcome to 749 N 9th Street, Reading, PA 19604 — a fully renovated 4-unit investment property located in the heart of Northeast Reading offering strong cash flow and excellent income potential. This turnkey multi-family property has been recently updated throughout with modern finishes including new flooring, fresh paint, updated light fixtures, renovated bathrooms, and upgraded kitchens, providing an attractive living space for tenants while minimizing immediate maintenance concerns for the next owner.
The property currently offers an impressive 10% cap rate, making it an ideal opportunity for both seasoned investors and those looking to expand their real estate portfolio with a high-performing asset. Each unit is separately metered with tenants responsible for paying all utilities, helping maximize your net operating income and reduce landlord expenses.
Conveniently located near local schools, shopping, restaurants, public transportation, and major routes, this property combines strong rental demand with modern updates and excellent long-term investment potential. Whether you are looking to grow your portfolio or secure a cash-flowing asset in Reading’s thriving rental market, 749 N 9th Street is an opportunity you won’t want to miss.
Listing Agent
(610) 373-9900 josephcolonrealtor@gmail.com Coldwell Banker Realty Brokerage Phone: 6103739900 Listed on: 05/22/2026
Co-Listing Agent
(610) 373-9900 priscila.garcia1223@gmail.com Coldwell Banker Realty Brokerage Phone: 6103739900 License #RS377296
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $3,143
Year Built
- Built in 1900 | Remodeled in 2026
Lot Details
- 1,742 Sq Ft Lot
- Property is in excellent condition
Home Design
- Quadruplex
- Traditional Architecture
- Brick Exterior Construction
- Concrete Perimeter Foundation
Interior Spaces
- 4,197 Sq Ft Home
- Double Pane Windows
- Vinyl Flooring
Utilities
- Window Unit Cooling System
- Heating System Uses Natural Gas
- Hot Water Heating System
- 100 Amp Service
- Electric Water Heater
Listing and Financial Details
- Tax Lot 0599
- Assessor Parcel Number 12-5317-53-04-0599
Community Details
Overview
- 4 Units
Building Details
- 2 Vacant Units
- Income includes apartment rentals
- Insurance Expense $1,800
- Net Operating Income $52,657
Map
Home Values in the Area
Average Home Value in this Area
Tax History
| 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 |
|---|---|---|---|---|
| 2025 | $1,848 | $68,100 | $13,000 | $55,100 |
| 2024 | $3,024 | $68,100 | $13,000 | $55,100 |
| 2023 | $2,977 | $68,100 | $13,000 | $55,100 |
| 2022 | $2,977 | $68,100 | $13,000 | $55,100 |
| 2021 | $2,977 | $68,100 | $13,000 | $55,100 |
| 2020 | $2,947 | $68,100 | $13,000 | $55,100 |
| 2019 | $2,947 | $68,100 | $13,000 | $55,100 |
| 2018 | $2,947 | $68,100 | $13,000 | $55,100 |
| 2017 | $2,928 | $68,100 | $13,000 | $55,100 |
| 2016 | $1,673 | $68,100 | $13,000 | $55,100 |
| 2015 | $1,673 | $68,100 | $13,000 | $55,100 |
| 2014 | $1,539 | $68,100 | $13,000 | $55,100 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 05/22/2026 05/22/26 | For Sale | $524,900 | +499.9% | $125 / Sq Ft | |
| 06/30/2017 06/30/17 | Sold | $87,500 | -12.4% | $21 / Sq Ft | View Prior Sale |
| 03/29/2017 03/29/17 | Pending | -- | -- | -- | |
| 03/21/2017 03/21/17 | Price Changed | $99,900 | -4.9% | $24 / Sq Ft | |
| 04/02/2016 04/02/16 | For Sale | $105,000 | -- | $25 / Sq Ft |
Source: Bright MLS
MLS Number: PABK2071670
APN: 5317-53-04-0599
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Ask me questions while you tour the home.