128-130 Elm St, Reading, PA 19601

Reading
Local realty services provided by:Better Homes and Gardens Real Estate Realty Connect
128-130 Elm St,Reading, PA 19601
$449,999
  • 10 Beds
  • - Baths
  • 3,994 sq. ft.
  • Multi-family
  • Active
Listed by: mini j castaneda
Office: coldwell banker realty
MLS#:PABK2079922
Source:BRIGHTMLS

Price summary

  • Price:$449,999
  • Price per sq. ft.:$112.67

About this home

Income-Producing Multifamily Investment with Value-Add Potential in the Heart of Reading! Don't miss this exciting investment opportunity at 128 and 130 Elm Street, Reading, PA 19601! This end-row multifamily property features five residential units in an R-3 zoning district, along with additional income potential from individually rented parking spaces. Already generating rental income, this property offers investors the opportunity to build on an existing income stream while adding value through improvements and some needed TLC. The property consists of three 2-bedroom apartments, one studio, and one spacious 3-bedroom apartment. Current rents include $1,200 per month for each 2-bedroom unit, $900 for the studio, and $1,300 for the 3-bedroom apartment. One 2-bedroom unit is currently vacant, offering an immediate opportunity for a new owner to lease the unit and increase rental income. Additional revenue is generated through separately rented parking spaces. The property annual...

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Home facts

  • Year built:1892
  • Listing ID #:PABK2079922
  • Added:17 day(s) ago
  • Updated:November 08, 2026 at 02:31 PM

Rooms and interior

  • Bedrooms:10
  • Basement:Yes
  • Basement Description:Full
  • Living area:3,994 sq. ft.

Heating and cooling

  • Heating:Baseboard - Electric, Electric

Structure and exterior

  • Year built:1892
  • Building area:3,994 sq. ft.
  • Lot area:0.07 Acres
  • Architectural Style:Traditional
  • Construction Materials:Brick

Utilities

  • Water:Public
  • Sewer:Public Sewer

Finances and disclosures

  • Price:$449,999
  • Price per sq. ft.:$112.67
  • Tax amount:$1,047 (2026)

Parking

  • Parking description:Crushed Stone, Off Street, On Street

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