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.
- 2
- 0
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
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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