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About the Listing CBSLCT-W - 3318852
Investor opportunity with strong income potential! This fully renovated 3-unit property is ready to start producing and offers flexibility for the next owner, with the option to purchase vacant or rented depending on preference. The first floor features two separate 2-bedroom, 1-bath units, each with its own private exterior entrance and exit. Both units have been renovated and are currently positioned at $1,300 per month each. Separate electric and water meters help keep owner-paid expenses to a minimum. The third unit offers additional flexibility and income potential. It is currently being rented by the room at $800 per room, with a shared kitchen and bathroom and the owner paying electric and gas. Alternatively, the space can be rented as a traditional 3-bedroom, 1-bath unit for approximately $1,800 per month and includes access to a second-floor patio. With separate meters for all units, updated interiors, multiple rental strategies, and off-street parking for two vehicles, this property is set up for an investor looking to add a turnkey multifamily asset to their portfolio. At projected rents of approximately $5,000 per month, the property offers excellent income potential from day one. Whether you're looking for traditional long-term rentals or a combination of unit and room rentals, this property gives the next owner options to maximize its return.
Listing Highlights
Status
Pending
Days on Site
27
Property Type
Multi-Family
MLS ®
PABK2077284
Year Built
1910
Total Square Footage
0
Lot/Acreage
0.05
Interior Details
- Bedrooms: 7
- Bathrooms: 0 Full
- Appliances:
- Air Cond:
- Heating: Baseboard - Electric,Heat Pump - Gas BackUp
- Fireplaces:
- Floor: Luxury Vinyl Plank
- Above Ground Sq Ft: 0
- Below Ground Sq Ft: 0
- Basement:
- Other:
- Water: Public
Exterior Details
- Lot Description: Not New Construction,Horse Property: No
- Garage Capacity: N/A
- Parking Spaces: 2
- Lot Dimensions: 0.00 x 0.00
- Zoning: RESIDENTIAL
- Roof:
- Others:
- Sewer: Public Sewer
- Parking Features: Gravel Driveway,Off Street,2+ Spaces,1+ Spaces
Financial Details
- Tax Amount: $1,140
- Taxes w/Assessments: N/A
- Tax/Property ID: N/A
- Tax Year: 2025
Payment Calculator
Monthly Payment
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Questions About..
500 N 10th St Reading, PA 19604
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