$524,900

Estimated payment $3,103/month

Total Views 2,756
Studio
-- Bath
4,197 Sq Ft
$125 Price per Sq Ft

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

Joseph Colon

(610) 373-9900 josephcolonrealtor@gmail.com Coldwell Banker Realty Brokerage Phone: 6103739900 Listed on: 05/22/2026

Coldwell Banker Realty

Co-Listing Agent

Priscila Garcia

(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

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

Listing Details

  • Property Type: Multi-Family
  • Property Sub Type: Quadruplex
  • Structure Type: End Of Row/Townhouse
  • Architectural Style: Traditional
  • Ownership: Fee Simple
  • Exclusions: Tenant Personal Property
  • New Construction: No
  • Expected On Market: 5/22/2026 12:00:00 AM
  • Year Built: 1900
  • Year Renovated: 2026
  • Special Features: NewHome

Interior Features

  • Flooring Type: Vinyl
  • Window Features: Double Pane
  • Fireplace: No
  • Wall Ceiling Types: Dry Wall
  • Foundation Details: Concrete Perimeter
  • Total Sq Ft: 4197
  • Living Area Sq Ft: 4197
  • Price Per Sq Ft: 125.07
  • Above Grade Finished Sq Ft: 4197
  • Above Grade Finished Area Units: Square Feet

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Brick
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No

Utilities

  • Central Air Conditioning: No
  • Cooling Fuel: Electric
  • Cooling Type: Window Unit(s)
  • Electric Service: 100 Amp Service
  • Heating Fuel: Natural Gas
  • Heating Type: Hot Water
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Public Sewer
  • Utilities: Natural Gas Available
  • Water Source: Public

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
  • Property Condition: Excellent
  • Zoning: RESI

Rental Info

  • Existing Lease Type: Month To Month
  • Number Of Units Month To Month: 2
  • Owner Pays: Insurance, Taxes - Real Estate
  • Total Actual Rent: 57600.00
  • Units Leased Count: 2
  • Vacation Rental: No

Tax Info

  • School Tax: 1221.00
  • Tax Annual Amount: 3143.00
  • Assessor Parcel Number: 12-5317-53-04-0599
  • Tax Lot: 0599
  • County Tax Payment Frequency: Annually
  • Tax Year: 2025

Multi Family

  • Number Of Units Vacant: 2
  • Income Includes: Apartment Rentals

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

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
Source: Public Records

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

Source: Bright MLS

MLS Number: PABK2071670

Bright MLS

APN: 5317-53-04-0599

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