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1500 Centre Avenue, Reading, PA 19601

Beds
3
Sqft
3,030
Garage
Yes

View property features, location on map, relevant school information and overview from seller's agent.

Listed byKW Empower
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Overview

Investor Special! Welcome to 1500 Centre Ave – a fully rented, cash-flowing multi-unit property perfect for savvy investors. This well-maintained building features four residential units and a rented garage, delivering five separate income streams. The property brings in a Gross Annual Rent Income of $48,900 based on the current rent roll, offering strong returns from day one. Each residential unit has separate utilities, and the common areas are on their own dedicated electric meter, simplifying operations and reducing owner expenses. Upgrades include complete renovations to two residential units(1F and 2R), common area stairwell and the garage, along with exterior improvements that enhance both curb appeal and long-term value. The property is professionally managed by a property management company, which is open to continuing service with the new owner for a smooth transition. This is a turnkey investment opportunity in a high-demand rental market with stable tenants and consistent cash flow. Don’t miss your chance to add this strong performer to your portfolio. Schedule your private tour today!

Location

Full feature list

Basic info

Number of bedrooms
3
Square feet
3,030
Lot size (acres)
0.04
Year built
1915

Interior features

Basement
Yes, Unfinished

Garage and parking

Garage parking spaces
2

Utilities

Heating
Natural gas, Radiant
Cooling
Window unit(s), Electric
Sewer
Public sewer
Water
Public

Taxes

Tax Annual Amount (2025)
$2,452

Public schools

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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®#: PABK2057698 Last checked:

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