328 High Street, Reading, PA 19606
- Beds
- 10
- Sqft
- 5,297
View property features, location on map, relevant school information and overview from seller's agent.
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Overview
Add this Turnkey 6-unit investment property to your portfolio! This is the one you have been waiting for with scheduled gross rents of $79,440 for 2025! Quiet suburban location for your tenants, limits your vacancy rate. Built as a multi-family building you have a practical floor plan you and your tenants will appreciate. Four units on main and upper levels mirror each other. Two lower-level units one on each end of the building. Four units are each two bedrooms and one full bathroom along with kitchen, dining room, and living room. The two lower-level units are studios. Basement offers storage lockers for each unit and coin operated laundry for additional income. Tenants pay most of the utilities. Four units are individual gas heat and hot water which tenants pay for. Seven electric meters so tenants pay for their own electricity. Two lower-level unit expenses are shared between owner and tenant. Income and expense breakdowns are provided in documents which include leases, expenses, and 6-unit license from township. After expenses, assuming 5% of the gross rents for maintenance and 5% for vacancy, building net operating income is over $52K a year with room to grow your gross rents. Don’t miss out on this incredible opportunity!
Location
Full feature list
Basic info
- Property type
- Multi-family
- Number of bedrooms
- 10
- Square feet
- 5,297
- Lot size (acres)
- 0.14
- Year built
- 1920
Interior features
- Basement
- Yes, Unfinished
Utilities
- Heating
- Electric, Natural gas, Hot water, Baseboard, Radiant
- Cooling
- Ceiling fan(s), Window unit(s), Electric
- Sewer
- Public sewer
- Water
- Public
Taxes
- Tax Annual Amount (2025)
- $7,390
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®#: PABK2061722 Last checked: …

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