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West Reading, PA Multifamily Home for Sale

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    $298,000

    • Studio
    • 1,704 Sq Ft

    332 Franklin St, West Reading, PA 19611

    Fantastic opportunity to own a high-yield and multi-unit rental property (9% cap rate) in the heart of West Reading Borough (Wyomissing Area School District)! You can rent both units or live-in-one, rent-the-other.Unit One has 1 bedroom, 1 bathroom, a spacious living room and kitchen. The unit has had a reliable, long-term tenant on a month-to-month lease for the past five years. Unit Two

    Minghuei Huang United Real Estate Strive 212

    332 Franklin St, West Reading, PA 19611

Why Live in West Reading

West Reading, Pennsylvania, is a small city with a rich history that dates back to 1906 when it was established as a textile mill town. Located across the Schuylkill River from Reading, West Reading has evolved into a retail hub, particularly along Penn Avenue, which is lined with trendy shops, restaurants, cafes, and microbreweries. The area is known for its vibrant nightlife and dining options, making it a popular destination for locals within a 10-mile radius. The Wyomissing Area School District serves the community and is highly rated, appealing to both young professionals and families. Housing in West Reading primarily consists of early-1900s row homes and twin homes, featuring brick facades, Tudor Revival elements, and Victorian turrets or bay windows. The competitive real estate market sees homes selling quickly, often within eight days. The borough hosts several annual festivals, including the Craft Pretzel & Beer Fest, Art on the Avenue, and Fall Fest, along with a year-round farmers market. Recreational spaces include parks along Wyomissing Creek, a public pool, pickleball courts, and the Reading Public Museum, which offers diverse exhibits and landscaped walking paths. The Schuylkill River Trail provides opportunities for outdoor activities like jogging and boating. West Reading is highly walkable and well-connected, with future plans for an Amtrak route to Philadelphia. Flooding can be a concern near the river and creek, but most homes are situated inland.

Home Trends in West Reading, PA

Housing Trends

Median Sale Price
$195,000
Median Townhouse Sale Price
$195,000
Average Price Per Sq Ft
$185
Number of Homes for Sale
0
Last 12 months Home Sales
2
Months of Supply
0.00
Median List Price
$195,000
Median Change From 1st List Price
0%
Median Home Sale Price YoY Change
18%
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