226 N 10th St, Reading, PA 19601

$650,000

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List Price
$650,000
Days on Market
147
Status
ACTIVE
MLS#
PABK2068850
Lot Size (Acres)
0.05
Style
Other
Year Built
1900
County
Berks
School District
Reading

Property Description

Excellent opportunity to acquire a well-maintained mixed-use property in the city offering immediate cash flow and future upside. The building consists of a vacant commercial storefront, 7 residential units (6 occupied), and an additional unfinished apartment (nz), providing a unique value-add component for the next owner to make it a potential 9 units with zoning approval. The residential units include six 1-bedroom apartments and one 2-bedroom apartment, all of which have seen updates completed throughout the life of ownership. The property spans over a massive amount of square feet and has been thoughtfully managed to maximize functionality and income potential. The additional apartment was being constructed behind the commercial storefront, featuring its own private access from the side alley. The side alley also provides separate access to the 2-bedroom unit, enhancing privacy, layout efficiency, and overall usability of the property. This asset is ideal for investors seeking stable income, owner-operators looking to utilize the commercial space, or buyers interested in completing the additional unit to increase future returns. Multiple access points, mixed-use versatility, and expansion potential make this property a strong addition to any portfolio. 24 hour notice required, schedule your showing today!

Additional Information

Area
Reading City (10201)
Taxes
$2227
Stories
4
Interior Features
Ceiling Fan(s)
School District
Reading
Flooring
Tile/Brick
View
City
Heating
Baseboard - Electric
Heating Fuel
Electric
Cooling
None
Roof
Rubber
Water
Public
Sewer
Public Sewer
Basement
Yes

Mortgage Calculator

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Calculator source: Real Geeks

Listing courtesy of Iron Valley Real Estate of Berks. Contact: (484) 450-8771