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New
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$650,000

6 hours ago

0 Bed

0 Bath

4791 sqft

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MLS® PABK2067992

  • Key Facts
  • Description
  • Map

Key Facts

Type Quadruplex
Levels Residential Income
Size 4791 sqft
Garage No
Taxes $2,628
Days Active 0
Lot Size 0.11 acres
Approx. Age 1900
Avg. Price Per Sqft $135
MLS® Number PABK2067992

Property Address: 220 N 6th St, READING, PA, 19601-3338

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

Description

Excellent opportunity to acquire a cash-flowing multifamily property with two income-producing parking lots in a central city location. The sale includes a four-unit residential building at 220 N. 6th St, with rear parking lot and a separately deeded parking lot located at 221 Church St, creating multiple revenue streams with future expansion potential. The residential building features a desirable unit mix with strong in-place rents: Unit #1: 2 Bedrooms-$900/month, Unit #2: 3 Bedrooms-$1, 500/month, Unit #3: 2 Bedrooms-$1, 100/month, Unit #4 Studio-Projected $850/month. Landlord currently pays gas heat, water, sewer and trash. Rear parking lots provides steady income with 15 total rented spaces across both parking lots at $60 per space per month ($900/month), plus potential to create additional parking spaces. Ideal for investors seeking a stabilized asset with diversified income streams, immediate parking revenue, and long-term growth through leasing and expansion. Conveniently located near downtown amenities, public transportation, shopping, dining and nearby daycare facilities, adding to tenant appeal and long-term rental demand. Schedule your private showing today
MLS® NumberPABK2067992
Laundry Level
Central VacNo
FireplaceNo
Acreage0.11
Exterior
GarageNo
Approx. Age1900
BasementFull
DrivewayPaved Parking, Parking Lot
Garage Spaces
Heat
A/C
Heating Fuel

Extras

4 Range/Oven & 4 Refrigerator

Price History

-End Date
Not Sold YetSold Price

For Sale

Feb 10, 2026List Date
$650,000List Price
  • Commute

Commute

Starting Address
Destination Address
220 N 6 Th St, READING, PA

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