This home's estimate is 68.3% higher than the average sale price ($236K) of 6 comparable homes.
531 Robeson St, Reading, PA 19601
About this home
Attention Investors! Nice corner 7 Unit comprising of 6-1BR Apts, a commercial storefront and 3 garages all with tenant paid heat and electric. Owner pays for water-sewer, trash & recycling. Building designed for multi-units with well laid-out apts. Excellent income & cash flow producing a 22% Cap Rate!!! Updated mechanicals, surveillance cameras on every floor. The storefront was priviously a deli and is currently being used as a property management office. 6 out of the 7 units are currently rented. City Codes compliant as of October 2016. A must have for your investment portfolio!!
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Market trends in 19601, PA
Last updated September 2026
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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.
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