1038 Walnut Street Reading, PA 19601

$309,900
4
Beds
3
Baths
0.03
Acres
1,355
SQFT
229
$/SQFT
$309,900
4
Beds
3
Baths
1,355   sf
$229 / sf
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active
1/19
Street View

Excellent investment opportunity! Multi-Family with three residential units. The property features a tenant-occupied 1-bedroom unit currently rented for $800/month, with the tenant paying electric heat, hot water, and electric stove. The 1st floor rear studio unit is vacant, recently updated, and has a projected rent of approximately $1,100/month. The 2nd floor host a spacious vacant 2-bedroom unit, offers gas boiler heat and electric hot water. The property includes four separate utility meters, providing ease of management and tenant utility responsibility. Each tenant pays their own electric, hot water and heat. Ideal for investors or owner-occupants looking to generate strong rental income. Live in 1 for free, use the other 2 to cover the mortgage. Schedule a showing!

Excellent investment opportunity! Multi-Family with three residential units. The property features a tenant-occupied 1-bedroom unit currently rented for $800/month, with the tenant paying electric heat, hot water, and electric stove. The 1st floor rear studio unit is vacant, recently updated, and has a projected rent of approximately $1,100/month. The 2nd floor host a spacious vacant 2-bedroom unit, offers gas boiler heat and electric hot water. The property includes four separate utility meters, providing ease of management and tenant utility responsibility. Each tenant pays their own electric, hot water and heat. Ideal for investors or owner-occupants looking to generate strong rental income. Live in 1 for free, use the other 2 to cover the mortgage. Schedule a showing!

  • Neighborhood
  • Type
  • Total Baths
  • County
    Berks
  • Area
    Reading City
  • Tax Amount
    $1,348
  • Status
    Active
  • Listing #
    PABK2073908
  • Built
    1900
  • Lot Size
    0.03
  • Listed on site
    66 days
  • Listing Agent Id
    121136423792

Listed by:
Light House Realtors, LLC

Source:
BRIGHT MLS

School Info

Property details

Community Features

  • No HOA
  • No Adult Community

Property Features

  • No Builder Restrictions

Exterior features

  • No Pool
  • Basement

Interior Features

  • Main Floor Bedroom

Property History

DateDays AgoEventNew Price
Jul 23, 20261 mo agoPrice decreased5,000 (2%)$309,900
Jul 7, 20262 mos agoPrice decreased5,000 (2%)$314,900
Jul 2, 20262 mos agoPrice decreased4,600 (1%)$319,900
Jun 29, 20262 mos agoPrice decreased500 (0%)$324,500
Jun 19, 20262 mos agoNew on market$325,000
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