1038 Walnut St, Reading, PA 19601

Local realty services provided by:Better Homes and Gardens Real Estate Community Realty
1038 Walnut St,Reading, PA 19601
$325,000
  • 4 Beds
  • 3 Baths
  • 1,355 sq. ft.
  • Townhouse
  • Active
Listed by: jorge diaz jr.
Office: light house realtors, llc.
MLS#:PABK2073908
Source:BRIGHTMLS

Price summary

  • Price:$325,000
  • Price per sq. ft.:$239.85

About this home

Excellent investment opportunity! Multi-Family with three residential units. The property features a tenant-occupied 1-bedroom unit currently rented for $800/month, with the tenant paying electric heat, hot water, and electric stove. The rear studio unit is vacant, recently updated, and has a projected rent of approximately $1,100/month. The spacious vacant 2-bedroom second-floor unit offers gas boiler heat and electric hot water. The property includes four separate utility meters, providing ease of management and tenant utility responsibility. Ideal for investors or owner-occupants looking to generate strong rental income. Schedule a showing!

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Home facts

  • Year built:1900
  • Listing ID #:PABK2073908
  • Added:1 day(s) ago
  • Updated:June 20, 2026 at 03:36 AM

Rooms and interior

  • Bedrooms:4
  • Total bathrooms:3
  • Full bathrooms:3
  • Basement:Yes
  • Living area:1,355 sq. ft.

Heating and cooling

  • Heating:Forced Air, Natural Gas

Structure and exterior

  • Year built:1900
  • Building area:1,355 sq. ft.
  • Lot area:0.03 Acres
  • Construction Materials:Aluminum Siding, Vinyl Siding
  • Levels:3 Story

Utilities

  • Water:Public
  • Sewer:Public Sewer

Finances and disclosures

  • Price:$325,000
  • Price per sq. ft.:$239.85
  • Tax amount:$1,348 (2025)

Parking

  • Parking description:On Street