Welcome to this versatile mixed\-use property located in a desirable commercial area\. This property features three separate units: a commercial space, a spacious 3\-bedroom apartment, and a 2\-bedroom apartment\. All units are currently vacant, offering an excellent opportunity for an investor or owner\-user to establish new tenants and maximize rental income\. Two of the three units have been renovated, while the remaining apartment offers an opportunity for additional improvements and TLC\. Previous rental rates were approximately $1,800/month for the commercial unit, $1,500/month for the 3\-bedroom apartment, and $1,500/month for the 2\-bedroom apartment, providing a potential gross rental income of $4,800/month\. Each unit has its own separate electrical meter and electric heating\. The owner is responsible only for water, sewer, and trash\. With its mixed\-use layout, separate utilities, and strong rental potential, this property presents an excellent opportunity for investors looking to add value and generate income\.
| MLS # | PABK2076996 |
|---|---|
| Listing Type | For Sale |
| Sub-Type | Resale |
| Status | Active-bright |
| Year | 1900 |
| Days On Site | 85 |
| Listing Provided By | JM Diamond Realty | Jose F Manzueta |
| Units | 1 |
|---|---|
| Zoning | R3 |
| Acreage | 0.03 |
| Cooling | None |
|---|---|
| Heating Yes / No | Yes |
| Heating | Forced Air |
| Construction Materials | Brick |
|---|---|
| Foundation Details | Stone |
| Garage Yes / No | No |
|---|
| Tax Annual Amount | 969 |
|---|
| State | PA |
|---|---|
| County | BERKS PA |
| City | READING |
| Zip Code | 19602 |
| Area | Reading City (10201) |
| School District | READING |
| Listing VS Median (in 19602) | |
Price: $290,000 low | high Med: $163,900 On site: 85 low | high Med: 50 | |
| State | PA |
|---|---|
| County | BERKS PA |
| City | READING |
| Zip Code | 19602 |
| Area | Reading City (10201) |
| School District | READING |
| Listing VS Median (in 19602) | |
Price: $290,000 low | high Med: $163,900 On site: 85 low | high Med: 50 | |
![]() | $239,9001016-a Penn StReading, PA 19602 |
![]() | $349,000912 Penn StReading, PA 19602 |