BEDS0
BATHS
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!
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
Shown By
Agency Title: RealtyMark
Agency Phone: 888-260-0040
Estimate Your Payment
Estimated Payment
$ 1,821.78 per month $1,446.62 Principal & Interest $185.58 Property Tax $189.58 Homeowner's InsuranceChange Payment Information
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.realtymarkllc.com today.