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Listed price in listed location currency (USD).
$399,000

000

MLS® PABK2068274

  • Key Facts
  • Description
  • Map

Key Facts

Type Quadruplex
Levels Residential Income
Size 2668 sqft
Garage No
Taxes $1,845
Days Active 2
Lot Size 0.03 acres
Approx. Age 1900
Avg. Price Per Sqft $149
MLS® Number PABK2068274

Property Address: 148 S 9th St, Reading, PA, 19602-1761

Average square foot calculated using Size range provided by listing agent.

Description

Four unit apartment building located at the end of the row offering additional light, and strong rental appeal. This oversized property features more than 2600 square feet of living space, making it a powerful income producing asset for any portfolio. Investors seeking immediate cash flow will appreciate the solid rent roll and low expense structure. Tenants pay their own electric, heat, cooking gas, and hot water. Owner expenses are limited to water, sewer, trash, insurance, and taxes, maximizing net income. For the savvy house hacker, the current owner has intentionally left one unit vacant, creating the perfect opportunity to move in and take advantage of FHA owner occupant financing while the remaining units help cover your mortgage. Current rent roll: Two bedroom unit 1300 per month One bedroom unit 1100 per month One bedroom unit 1100 per month Studio unit 950 per month Strong income, minimal owner expenses, and built in upside make this a standout opportunity for both investors and owner occupants. Properties with this size, layout, and income potential do not come along often. Higher than average CAP rate 11%.
MLS® NumberPABK2068274
Laundry Level
Central VacNo
FireplaceNo
Acreage0.03
Exterior
GarageNo
Approx. Age1900
BasementFull
DrivewayNone
Garage Spaces
Heat
A/C
Heating Fuel

Extras

Price History

-End Date
Not Sold YetSold Price

For Sale

Feb 17, 2026List Date
$399,000List Price
  • Commute

Commute

Starting Address
Destination Address
148 S 9 Th St, Reading, PA

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