PA
BERKS
READING
19601
383 SCHUYLKILL AVENUE
383 SCHUYLKILL AVENUE, READING, PA 19601
Share Listing
Listing Type
Commercial/Industrial
Listing Status
pending
40
$479,900

Home Details for 383 SCHUYLKILL AVENUE

Price
$479,900
Type
Commercial Sale
Bedrooms
0
Bathrooms
Square feet
NaN
Year built
1995
Lot size acres
0.05
County
BERKS
Garage
Days on site
48
MLS Listing#
PABK2060746
Property Description

Prime Investment Opportunity: Mixed-Use Corner Building with Commercial & Residential Income Discover an exceptional investment opportunity with this meticulously maintained, four-unit corner building, boasting over 5,000 square feet of versatile space. Perfectly situated for maximum visibility and accessibility, this property offers a compelling blend of established commercial presence and fully rented residential income, making it an ideal acquisition for savvy investors. The expansive first floor features a prominent commercial storefront, previously operating as a successful daycare facility. This versatile space is ready for a new business venture, offering ample room for retail, office, or service-oriented enterprises. Adding significant value, the commercial unit also includes two dedicated offices conveniently located on the second floor, providing excellent administrative or private workspace solutions. Projected Rent: $2500 per month. The upper floors are thoughtfully designed to maximize residential appeal and income. The second floor unit (Unit #1) is a spacious living room/dining room combination, a well-appointed kitchen, a full bathroom, and two bedrooms, renting for $1,200 per month. Ascend to the third floor (Unit #2) with a similar layout to unit 1 with a living room/dining combo, kitchen, 2 bedrooms and 1 full bath, renting for $975.00 per month. Also on the third floor (Unit #3) is this unique unit which is characterized by its open 1-bedroom loft design and an abundance of natural light. This unit offers a contemporary living experience renting for $900.00 per month. Currently monthly income $3,075. All residential units are currently fully rented, providing an immediate and stable income for the new owner from day one. This property represents a rare chance to acquire a turn-key investment with significant upside potential. Don't miss the opportunity to add this income-generating asset to your portfolio. Contact us today to schedule a private showing and explore the full potential of this exceptional property!

Property Features
  • Cooling Information
    • Central Air
    • Electric
  • Heating Information
    • Natural Gas
    • Forced Air
  • Water Features
    • Public
  • Parking
    • On Street
Listing Courtesy: Coldwell Banker Realty - 610-373-9900
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Last Updated: 2025-09-05 09:43:18
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EXIT ELEVATE REALTY
1450 Grays Ferry Ave. 1st Floor, Philadelphia, PA 19143
Rich Roberts
Sales Representative
Office
215 623 6000
Agent
717 723 0755
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