500 N 10TH ST Reading, PA 19604
UPDATED:
Key Details
Property Type Multi-Family, Townhouse
Sub Type End of Row/Townhouse
Listing Status Coming Soon
Purchase Type For Sale
MLS Listing ID PABK2077284
Style Traditional
Year Built 1910
Available Date 2026-09-04
Annual Tax Amount $1,140
Tax Year 2025
Lot Size 2,178 Sqft
Acres 0.05
Lot Dimensions 0.00 x 0.00
Property Sub-Type End of Row/Townhouse
Source BRIGHT
Property Description
The first floor features two separate 2-bedroom, 1-bath units, each with its own private exterior entrance and exit. Both units have been renovated and are currently positioned at $1,300 per month each. Separate electric and water meters help keep owner-paid expenses to a minimum.
The third unit offers additional flexibility and income potential. It is currently being rented by the room at $800 per room, with a shared kitchen and bathroom and the owner paying electric and gas. Alternatively, the space can be rented as a traditional 3-bedroom, 1-bath unit for approximately $1,800 per month and includes access to a second-floor patio.
With separate meters for all units, updated interiors, multiple rental strategies, and off-street parking for two vehicles, this property is set up for an investor looking to add a turnkey multifamily asset to their portfolio. At projected rents of approximately $5,000 per month, the property offers excellent income potential from day one. Whether you're looking for traditional long-term rentals or a combination of unit and room rentals, this property gives the next owner options to maximize its return.
Location
State PA
County Berks
Area Reading City (10201)
Zoning RESIDENTIAL
Interior
Hot Water Electric
Heating Baseboard - Electric, Heat Pump - Gas BackUp
Cooling None
Flooring Luxury Vinyl Plank
Fireplace N
Heat Source Electric, Natural Gas
Exterior
Garage Spaces 2.0
Water Access N
Accessibility 2+ Access Exits
Total Parking Spaces 2
Garage N
Private Pool No
Building
Foundation Permanent
Sewer Public Sewer
Water Public
Architectural Style Traditional
Additional Building Above Grade, Below Grade
New Construction N
Schools
Middle Schools Northeast
School District Reading
Others
Tax ID 11-5317-61-03-4075
Ownership Fee Simple
Special Listing Condition Standard
NEARBY SCHOOL & BUSINESS
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