$175,000
 $939 est/mo Sourced by Back At You

120 W Elm St,READING, PA 19601

READING, PA 19601

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Description

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 and its income potential. There is also additional 2-car parking space in the front of the garage.

Details

MLS #PABK2073522
Listing TypeFor Sale
Sub-TypeResale
StatusPending-bright
Year1910
Days On Site49
Listing Provided ByIron Valley Real Estate of Berks | MOUNA TABAT

Features

SQ Feet1,080
Garage2
BasementY
Units2
ZoningRES
Acreage0.04

Interior

CoolingWindow Unit(s)
Heating Yes / NoYes
HeatingBaseboard - Electric

Exterior

RoofAsphalt, Rubber
Construction MaterialsBrick
Foundation DetailsStone

Parking

Garage Yes / NoYes

Taxes

Tax Annual Amount1010

Area Information

StatePA
CountyBERKS PA
CityREADING
Zip Code19601
AreaReading City (10201)
School DistrictREADING
Listing VS Median (in 19601)
Price:
$175,000
low | high
Med:
$192,500
40% of Average
sqft:
1,080
low | high
Med:
1,387
21.62037037037% of Average
$ / sqft:
$162
low | high
Med:
$143
61.987199259716% of Average
On site:
49
low | high
Med:
126
38.888888888889% of Average
Sourced by Back At You

Market Activity 19601

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Contact

Learn More About This Property

Todd McCarty

Todd McCarty

Class Harlan Real Estate

 (267) 261-8448todd@classharlan.com
StatePA
CountyBERKS PA
CityREADING
Zip Code19601
AreaReading City (10201)
School DistrictREADING
Listing VS Median (in 19601)
Price:
$175,000
low | high
Med:
$192,500
40% of Average
sqft:
1,080
low | high
Med:
1,387
21.62037037037% of Average
$ / sqft:
$162
low | high
Med:
$143
61.987199259716% of Average
On site:
49
low | high
Med:
126
38.888888888889% of Average
Sourced by Back At You
Nearby Listings (Within 1/4 mile)
Price: $131K - $218K
sqft: 810 - 1,000
Nearby Listings Property ImageNearby Listings Details
414 ROSENTHAL ST Property Photo 1
$169,900
414 Rosenthal St
Reading, PA 19601
Listing Updated: September 29, 2026 at 12:58:56 AM PDT