226 N 10th Street , Reading, PA 19601

$650,000
  • 226 N 10th Street , Reading, PA 19601 Main Photo

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New to the Market
MLS#PABK2068850
STATUSACTIVE PROPERTY TYPEMulti Unit - Multiple SCHOOLREADING

Property Description

Excellent opportunity to acquire a well-maintained mixed-use property in the city offering immediate cash flow and future upside. The building consists of a vacant commercial storefront, 7 occupied residential units, and an additional apartment already in progress, providing a unique value-add component for the next owner to make it a potential 9 units. The residential units include six 1-bedroom apartments and one 2-bedroom apartment, all of which have seen updates completed throughout the life of ownership. The property spans over a massive amount of square feet and has been thoughtfully managed to maximize functionality and income potential. An additional apartment was being constructed behind the commercial storefront, featuring its own private access from the side alley. The side alley also provides separate access to the 2-bedroom unit, enhancing privacy, layout efficiency, and overall usability of the property. This asset is ideal for investors seeking stable income, owner-operators looking to utilize the commercial space, or buyers interested in completing the additional unit to increase future returns. Multiple access points, mixed-use versatility, and expansion potential make this property a strong addition to any portfolio. 24 hour notice required, schedule your showing today!

226 N 10th Street | MLS# PABK2068850

This multi-family property located at 226 N 10th Street , Reading, PA 19601 is currently listed for sale with an asking price of $650,000. N 10th Street is located within the READING school district. Search Reading real estate on www.jenfeinberg.com today.

Property Features

Property Type: Multi Unit - Multiple
Basement: Connecting Stairway, Unfinished, Full, Other
Basement: Yes
Cooling: None
Fuel Type: Electric
Heating: Baseboard - Electric
Lot Size: 0.05 Acres
Roof Type: Rubber
Taxes: $2,227
Year Built: 1900

Feature Descriptions

Accessibility: 2+ Access Exits
Additional Structures: Above Grade, Below Grade
Appliances: Stove, Refrigerator
Exterior: Combination, Mixed
Flooring: Tile/Brick
Interior: Ceiling Fan(s)
Location: Downtown
Lot Dimensions: 0.05 Acre(S)
Municipality: READING CITY
One Bedroom Units: 6
Sewer: Public Sewer
Special View Info: City
Structure Type: Interior Row/Townhouse
Studio Efficiency Units: 1
Two Bedroom Units: 1
Units: 4
Water: Public

Local Schools

School District: READING

Listed By / Shown By

Listed By

Agency Name: Iron Valley Real Estate of Berks
Agency Phone: 4844508771

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Estimated Payment

$ 1,821.78 per month $1,446.62 Principal & Interest $185.58 Property Tax $189.58 Homeowner's Insurance

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