PA
BERKS
READING
19606
328 HIGH STREET
328 HIGH STREET, READING, PA 19606
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Listing Type
Multi Family
Listing Status
pending
75
$650,000

Home Details for 328 HIGH STREET

Price
$650,000
Type
Residential Income
Bedrooms
10
Bathrooms
Square feet
5297
Year built
1920
Lot size acres
0.14
County
BERKS
Garage
Basement
Exterior Entry, Unfinished
Days on site
35
MLS Listing#
PABK2061722
Property Description

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!

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Property Features
  • Heating Information
    • Electric
    • Natural Gas
    • Hot Water
    • Baseboard
    • Radiant
  • Utilities
    • Cable Available
    • Natural Gas Available
    • Phone Available
    • Sewer Available
    • Water Available
  • Cooling Information
    • Ceiling Fan(s)
    • Window Unit(s)
    • Electric
  • House Interior
    • Eat-in Kitchen
    • Ceiling Fan(s)
    • Built-in Features
  • Basement
    • Exterior Entry
    • Unfinished
  • Water Features
    • Public
  • Parking
    • On Street
Listing Courtesy: Century 21 Gold - 610-779-2500
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Last Updated: 2025-09-05 02:45:36
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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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