113 W OLEY St, Reading, PA 19601
- Sqft
- 1,663
- Garage
- Yes
View property features, location on map, relevant school information and overview from seller's agent.
- 0
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Overview
Welcome to 113 W Oley Street, a solid income-producing multi-unit property located in the heart of Reading. This well-maintained 2-unit building offers strong cash flow and a 9.6% cap rate, making it an ideal addition to any investor’s portfolio.
The property features two residential units:
* Unit 1: 1 bedroom, 1 bathroom — currently rented at $850/month (month-to-month lease)
* Unit 2: 3 bedrooms, 1 bathroom — currently rented at $1,200/month (month-to-month lease)
In addition to the residential income, the property includes a detached garage in the rear, currently leased for an additional $75/month, providing extra revenue.
Tenants pay their own heat and electricity, helping keep operating expenses low. The owner is only responsible for water, sewer, and trash, making this a highly efficient and easy-to-manage investment.
With strong existing rents, flexible month-to-month leases, and immediate cash flow from day one, this property presents a great opportunity for both seasoned investors and those looking to get started in real estate investing.
Don’t miss your chance to secure a high-performing asset in a growing market—schedule your showing today!
Location
Full feature list
Basic info
- Property type
- Multi-family
- Square feet
- 1,663
- Lot size (acres)
- 0.03
- Year built
- 1895
Interior features
- Basement
- Yes
Garage and parking
- Garage parking spaces
- 1
Utilities
- Heating
- Electric
- Cooling
- Window Units
- Sewer
- Public Sewer
- Water
- Public Water
Taxes
- Tax Annual Amount (2026)
- $1,389
Public schools
Disclaimer: Certain information displayed on this listing has been derived from parties other than Final Offer, LLC. Information provided and their sources have been deemed reliable, but accuracy of information is not guaranteed and therefore should be independently verified.
Sourced from: Bright MLS MLS®#: PABK2071162 Last checked: …

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