120 W Elm St, Reading, PA 19601

Reading
Local realty services provided by:Better Homes and Gardens Real Estate Valley Partners
120 W Elm St,Reading, PA 19601
$175,000
  • 2 Beds
  • - Baths
  • 1,080 sq. ft.
  • Multi-family
  • Pending
Listed by: mouna tabat
Office: iron valley real estate of berks
MLS#:PABK2073522
Source:BRIGHTMLS

Price summary

  • Price:$175,000
  • Price per sq. ft.:$162.04

About this home

Currently professionally managed and ready for its next owner, this duplex is an ideal opportunity for both investors and owner-occupants alike. The property features two 1-bedroom units with a flexible setup. Move into the vacant, freshly remodeled first-floor unit while collecting $850/month from your already-tenanted second-floor neighbor, or simply add both units to your rental portfolio and let the property manager handle the rest. Projected first-floor rental income: $875/month. Each unit is separately metered, so tenants pay their own heat and electric bills, keeping your out-of-pocket expenses to a minimum. Both units are in good condition, and both electric water heaters were replaced in 2024. The property also benefits from very low taxes, making the cash flow picture even more attractive. Out back, you'll find a 2-car garage that, while currently without a door, represents a straightforward value-add opportunity — install a garage door and increase both the property's value...

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Home facts

  • Year built:1910
  • Listing ID #:PABK2073522
  • Added:46 day(s) ago
  • Updated:September 29, 2026 at 09:39 AM

Rooms and interior

  • Bedrooms:2
  • Flooring:Laminated
  • Basement:Yes
  • Basement Description:Full, Rear Entrance, Unfinished
  • Living area:1,080 sq. ft.

Heating and cooling

  • Cooling:Window Unit(s)
  • Heating:Baseboard - Electric, Electric

Structure and exterior

  • Roof:Asphalt, Rubber
  • Year built:1910
  • Building area:1,080 sq. ft.
  • Lot area:0.04 Acres
  • Architectural Style:Traditional
  • Construction Materials:Brick
  • Foundation Description:Stone

Utilities

  • Water:Public
  • Sewer:Public Sewer

Finances and disclosures

  • Price:$175,000
  • Price per sq. ft.:$162.04
  • Tax amount:$1,010 (2024)

Parking

  • Parking description:Attached Garage, Garage - Rear Entry
  • Garage:Yes
  • Garage spaces:2

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