220 N 6th St, Reading, PA 19601
Local realty services provided by:Better Homes and Gardens Real Estate GSA Realty
220 N 6th St,Reading, PA 19601
$650,000
- 8 Beds
- - Baths
- 4,791 sq. ft.
- Multi-family
- Active
Listed by: ana m menendez
Office: coldwell banker realty
MLS#:PABK2067992
Source:BRIGHTMLS
Price summary
- Price:$650,000
- Price per sq. ft.:$135.67
About this home
Excellent opportunity to acquire a cash-flowing multifamily property with two income-producing parking lots in a central city location. The sale includes a four-unit residential building at 220 N. 6th St, with rear parking lot and a separately deeded parking lot located at 221 Church St, creating multiple revenue streams with future expansion potential. The residential building features a desirable unit mix with strong in-place rents: Unit #1: 2 Bedrooms-$900/month, Unit #2: 3 Bedrooms-$1,500/month, Unit #3: 2 Bedrooms-$1,100/month, Unit #4 Studio-Projected $850/month. Landlord currently pays gas heat, water, sewer and trash. Rear parking lots provides steady income with 15 total rented spaces across both parking lots at $60 per space per month ($900/month), plus potential to create additional parking spaces. Ideal for investors seeking a stabilized asset with diversified income streams, immediate parking revenue, and long-term growth through leasing and expansion. Conveniently located near downtown amenities, public transportation, shopping, dining and nearby daycare facilities, adding to tenant appeal and long-term rental demand. Schedule your private showing today...
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Home facts
- Year built:1900
- Listing ID #:PABK2067992
- Added:42 day(s) ago
- Updated:March 24, 2026 at 06:38 PM
Rooms and interior
- Bedrooms:8
- Flooring:Laminate Plank, Vinyl
- Kitchen Description:Refrigerator, Stove, Water Heater
- Basement:Yes
- Basement Description:Full
- Living area:4,791 sq. ft.
Heating and cooling
- Heating:Hot Water, Natural Gas
Structure and exterior
- Roof:Pitched, Shingle
- Year built:1900
- Building area:4,791 sq. ft.
- Lot area:0.11 Acres
- Lot Features:Downtown
- Architectural Style:Traditional
- Construction Materials:Brick, Stone
- Exterior Features:Balcony, Fire Escape
- Foundation Description:Concrete Perimeter
Utilities
- Water:Public
- Sewer:Public Sewer
Finances and disclosures
- Price:$650,000
- Price per sq. ft.:$135.67
- Tax amount:$2,628 (2025)
Features and amenities
- Amenities:Attic, Cable TV Available, Electric Available, Natural Gas Available, Phone
Parking
- Parking description:Parking Lot, Paved Parking
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