129 N 8th St, Reading, PA 19601
Local realty services provided by:Better Homes and Gardens Real Estate Community Realty
129 N 8th St,Reading, PA 19601
$225,000
- 2 Beds
- - Baths
- 1,980 sq. ft.
- Multi-family
- Pending
Listed by: jose m candelaria
Office: re/max of reading
MLS#:PABK2065510
Source:BRIGHTMLS
Price summary
- Price:$225,000
- Price per sq. ft.:$113.64
About this home
Downtown City of Reading middle row 2 unit building located in the C-R zoning district, previously used as a commercial office on the main level unit 1 and a residential unit 2 on the 2nd & 3rd floors but its only zoned for ONE commercial unit. There is no permitted residential use unless the owner occupies the entire building as commercial and lives in the 2nd unit. The new owner will have to apply for a zoning change with the city to be able to use it as a commercial and residential building. Unit 1 - 1st fl, 4 rooms comprised of a waiting room and 3 offices, a powder room, gas heat, central air, rear patio, 1 car carport. Occupant pays for electric, hot water, gas heat. Projected rent: $1200 a month. This was the owner's personal business office and is still be operated by family. Unit 2 - 2nd & 3rd fl, 4 rooms, 2 BRS, liv, modern kit, 2 full modern baths, gas cooking, gas or electric hot water, gas F/A heat, walk-in closet. Large 2nd level deck. Occupant pays for electric, hot water, gas heat. This was the owner's personal living unit and has a primary suite with a primary bath and walk-in closet. Projected rent $1600. Total projected income: 33,600. Total expenses: 7792. NOI: 25,808. Cap Rate: 11%. Expenses breakdown: Taxes: 1992. Ins: 1,500. W/S/T/R:1200. Permit: 100, Trash: 500, Electric: 2500. Additional features include 2 gas forced air furnaces, central air for the office, 1 gas water heater, 1 electric water heater, a metal roof, 200 AMP main electric, 2-100 AMP breaker panels, covered carport off street parking for 1 car. Paved parking lot known as 132-134 Cedar Street with parking for up to 12 cars. To be sold as a package deal with 125 N. 8th Street, Reading, PA 19601 - 225k. 132 Cedar Street, Reading, PA 19601 - 20k & 134 Cedar Street, Reading, PA 19601 - 20k. Total package price is $465k. This is an estate sale and is to be sold AS IS.
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Home facts
- Year built:1900
- Listing ID #:PABK2065510
- Added:51 day(s) ago
- Updated:January 08, 2026 at 08:34 AM
Rooms and interior
- Bedrooms:2
- Living area:1,980 sq. ft.
Heating and cooling
- Cooling:Central A/C, Window Unit(s)
- Heating:Forced Air, Natural Gas
Structure and exterior
- Roof:Metal
- Year built:1900
- Building area:1,980 sq. ft.
- Lot area:0.08 Acres
Utilities
- Water:Public
- Sewer:Public Sewer
Finances and disclosures
- Price:$225,000
- Price per sq. ft.:$113.64
- Tax amount:$1,992 (2025)
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