* * Multiple Offers Received. Highest & Best Deadline 12PM (End of Day) Friday July 7th * * Here is a great opportunity to own a well maintained 2 unit property in the City of Reading. Owners have owned the property for a very long time and have not increased monthly rent amounts. Market Rent for the first floor 2 bedroom is $1,100/month and $1,000/month for the 2nd level 2 bedroom apartment with owner paying all utilities. The cap rate is 10% based on market rents stated above.
Multi-familyProperty Type
1900Year Built
1,742 sq ftLot Size
$93Est. Price/Sq.Ft.
Listed by Chris Marrella• Keller Williams Platinum Realty - Wyomissing
•610-898-1441 (broker)
•frontdesk1110@kw.com (broker)
Bought with Vielka Ynirio• Iron Valley Real Estate of Berks
*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.
Public record
Public record
Zoning
Beds
4
Baths
2.5
Stories
3
Lot width
—
Lot depth
—
Lot size
1,742 Sq. Ft.
Year renovated
—
Sq. Ft.
2,196
Year built
1900
Style
Townhouse
County
Berks County
APN
15530749553693
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Aug 31, 2026.
R-3
QUEEN ANNE HISTORIC DISTRICT
Residential District
The R-3 District allows the highest residential densities and permits multifamily apartments.
Zone overlays
Permitted uses
Include but are not limited to:
Housing-Single unit
Housing-Multiple units
Agriculture-Cropland
Park & open space
Property details
Parking
Parking Information
On Street
Interior
Interior Information
Interior Features: CeilngFan(s)
Living Area Sq.Ft. Source: Assessor
Room Information
# of Rooms: 7
Basement Information
Basement: Yes
Full
Exterior
Property Information
Total Below Grade Sq. Ft.: 0
Improvement Assessed Value: $45,300
Ownership Interest: Fee Simple
Year Built Source: Assessor
Building Information
# of Levels (Total): 3
# of Units (Total): 2
Construction Materials: Brick
Foundation Details: Concrete Perimeter
Other Structures: Above Grade, Below Grade
Outdoor Living Structures: Porch(es)
Structure Type: Interior Townhouse/Rowhouse
Exterior Information
Sidewalks
Lot Information
Lot Size Dimensions: 0.00 x 0.00
Lot Dimensions Source: Assessor
Tidal Water: No
Land Information
Land Assessed Value: $9,600
Above Grade Information
Finished Sq.Ft.: 2,196
Finished Sq.Ft. Source: Assessor
Below Grade Information
Unfinished Sq.Ft. Source: Assessor
Finished Sq.Ft. Source: Assessor
Financial
Tax Information
City/Town Tax: $995
County Tax: $420
School Tax: $984
Tax Assessed Value: $54,900
Tax Year: 2022
Tax Annual Amount: $2,400
Assessments Information
Year Assessed: 2023
Lease Information
Existing Lease Type: Month to Month
Utilities
Utilities Information
Cooling Type: Wall Unit
Cooling Fuel: Electric
Electric Previous 12 Months: $2,172
Electric Average / Month: $181
100 Amp Service
Gas Average / Month: $307
Gas Previous 12 Months: $3,684
Radiator
Heating Fuel: Natural Gas
Hot Water: Natural Gas
Sewer Septic: Public Sewer
Cable TV
Water Average / Month: $229
Water Previous 12 Months: $2,748
Water Source: Public
Location
Multi Unit Information
# of Two Bedroom Units: 2
# of Units Leased: 2
# of Month To Month Units: 2
Other Units: Unit 1,Unit 2
Income Includes: Apartment Rentals
School Information
High School: READING SENIOR
School District Name: READING
School District Source: Listing Agent
Location Information
Cross Street: .
Directions: US-422 E, Keep left to continue on PA-12 E/Warren St Bypass, Slight right onto Butler St (signs for PA-183/Schuylkill Ave), Turn left onto Lehigh St, Turn right onto Schuylkill Ave, Turn right onto W Windsor St, Turn right onto Miltimore St, Turn right onto River Rd, Continue onto W Spring St, Property will be on the right
Municipality: READING CITY
Public facts
Beds: 4
Baths: 2.5
Sq. Ft.: 2,196
Stories: 3.0
Lot Size: 1,742 square feet
Style: Townhouse
Year Built: 1900
Year Renovated: —
County: Berks County
APN: 15530749553693
Home facts updated by county records on Aug 31, 2026
Around this home
Schools
Northwest Middle School
Public 5-8 • Assigned • 0.1mi
3/10
Reading Senior High School
Public 9-12 • Assigned • 1.4mi
1/10
Provided by GreatSchools
Lifestyle
Provided by Walk Score and Local Logic
Climate risks
1/10 Flood Factor
Minimal risk of a flood reaching the building in the next 30 years
1/10 Fire Factor
Unlikely to be in a wildfire in next 30 years
5/10 Heat Factor
7 days above 101° expected this year, 16 days in 30 years
4/10 Wind Factor
14% chance of strong winds in next 30 years
2/10 Air Factor
1 unhealthy days expected this year, 2 days in 30 years
Provided by First Street
Historical weather
Reading, PA • 19601
Average low and high temperatures (°F)
35
21
40
26
59
37
67
46
73
55
84
64
87
71
81
62
78
60
68
47
55
39
40
27
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Sun exposure
In this area, properties receive around 9.1 hours in
June and 3.9 hours in December, placing it below the
U.S. average for solar exposure.
9.1 hrs
3.9 hrs
JuneDecember
Provided by Shadowmap
Estimated sale price
$195,000 – $237,000
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