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Brittany Nettles

brittany@nettlesandco.com +1(215) 778-8444

Listed by Jorge Diaz • Light House Realtors, LLC

$ 535,000

Est. payment | -/mo

5,226 Sqft Lot

Save

$ 535,000

Est. payment | -/mo

Save

5,226 Sqft Lot

Key Details

Property Type Commercial

Sub Type Five Or More Units

Listing Status Active

Purchase Type For Sale

Subdivision None Available

MLS Listing ID PABK2072792

Year Built 1900

Annual Tax Amount $1,228

Tax Year 2023

Lot Size 5,226 Sqft

Acres 0.12

Property Sub-Type Five Or More Units

Source BRIGHT

Property Description

Rare opportunity to acquire a fully approved 18-unit multifamily project in the heart of Reading, PA. This value-add development offers investors and developers the chance to complete a high-demand rental project in a growing market with strong rental demand. Whether you're looking to expand your multifamily portfolio or take on your next development project, this property offers the potential to create substantial value in a market with increasing demand for quality housing.

Location

State PA

County Berks

Area Reading City (10201)

Zoning R3

Interior

Hot Water Electric

Heating Steam

Cooling None

Flooring Wood, Other

Heat Source Natural Gas

Exterior

Water Access N

Roof Type Architectural Shingle,Flat,Pitched,Rubber,Other

Accessibility None

Garage N

Building

Sewer Public Sewer

Water Public

New Construction N

Schools

High Schools Reading Senior

School District Reading

Others

Tax ID 07-5307-75-71-5207

Ownership Fee Simple

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Financing Cash,Conventional

Special Listing Condition Standard

NEARBY SCHOOL & BUSINESS

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