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215- 669-6079
Remax Access
328 High St, Reading, PA 19606
- $660,000
- 5,297
- SqFt
- Sold Price
- $660,000
- List Price
- $650,000
- Closing Date
- Oct 22, 2025
- Status
- CLOSED
- MLS#
- PABK2061722
- Living Area
- 5,297
- Lot Size (Acres)
- 0.14
- Style
- Traditional
- Year Built
- 1920
- County
- Berks
- School District
- Antietam
Property Description
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!
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Additional Information
- Area
- Lower Alsace Twp (10223)
- Interior Features
- Attic, Shower Stall, Tub Shower, Some Carpeting, Ceiling Fans, Separate Dining Room, Traditional Floorplan, Eat-in Kitchen, Galley Kitchen, Window Treatments, Wood Floors
- School District
- Antietam
- Flooring
- Carpet, Tile, Hardwood, Stone, Vinyl
- Exterior Features
- Awning(s), Lighting, Fire Escape, Sidewalk, Street Lights
- View
- Street
- Heating
- Baseboard, Hot Water, Baseboard, Radiator(s)
- Cooling
- Ceiling Fan(s), Window/Wall
- Roof
- Rubber
- Utilities
- Cable Available, Natural Gas Available, Phone Available, Sewer Available, Water Available
- Water
- Public
- Sewer
- Public Sewer
- Basement
- Connecting Stairway, Drainage System, Exterior Entry, Poured, Exterior Entry, Shelving, Unfinished
Mortgage Calculator
Listing courtesy of Century 21 Gold. Contact:
Selling Office: RE/MAX Of Reading.