316 S 8th St, Reading, PA 19602

Reading
Local realty services provided by:Better Homes and Gardens Real Estate Community Realty
316 S 8th St,Reading, PA 19602
$299,900
  • 2 Beds
  • - Baths
  • 2,134 sq. ft.
  • Multi-family
  • Active
Listed by: jose vazquez
Office: light house realtors, llc.
MLS#:PABK2071194
Source:BRIGHTMLS

Price summary

  • Price:$299,900
  • Price per sq. ft.:$140.53

About this home

Savvy investors and house hackers — this is the one you've been waiting for. This fully vacant 4-unit at 316 S 8th Street is a blank canvas sitting in one of Pennsylvania's most renter-hungry markets, where 60% of households rent and studios are commanding $1,000–$1,100/mo with 2-bedrooms pushing $1,600–$1,700+ in today's market. Do the math: a light cosmetic refresh — fresh floors, clean walls — and you're looking at a potential gross monthly rent roll of $4,200–$4,500+. Here's where it gets even better — every unit has its own separate electric heat and each tenant pays their own utilities, meaning your operating expenses stay lean and your net income stays fat. No utility bills eating into your returns. A true investor's dream structure. Maximum flexibility too: rent all four and stack income, or move into the 2-bedroom, let your three tenants cover your mortgage AND put cash in your pocket every single month — live for free while building real wealth. The vacancy isn't a problem —...

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Home facts

  • Year built:1900
  • Listing ID #:PABK2071194
  • Added:38 day(s) ago
  • Updated:June 01, 2026 at 01:39 PM

Rooms and interior

  • Bedrooms:2
  • Living area:2,134 sq. ft.

Heating and cooling

  • Heating:Baseboard - Electric, Electric

Structure and exterior

  • Year built:1900
  • Building area:2,134 sq. ft.
  • Lot area:0.03 Acres
  • Architectural Style:Traditional
  • Construction Materials:Brick
  • Foundation Description:Brick/Mortar

Utilities

  • Water:Public
  • Sewer:Public Sewer

Finances and disclosures

  • Price:$299,900
  • Price per sq. ft.:$140.53
  • Tax amount:$1,232 (2025)

Features and amenities

  • Amenities:Electric Available

Parking

  • Parking description:On Street

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