Bought with Mark David Crystal • Sands & Company Real Estate
$250,000
$239,900
4.2%For more information regarding the value of a property, please contact us for a free consultation.
2,613 SqFt
SOLD DATE : 08/11/2025
Key Details
Sold Price $250,000
Property Type Multi-Family
Sub Type Interior Row/Townhouse
Listing Status Sold
Purchase Type For Sale
Square Footage 2,613 sqft
Price per Sqft $95
Subdivision None Available
MLS Listing ID PABK2059286
Sold Date 08/11/25
Style Traditional
Year Built 1920
Annual Tax Amount $2,236
Tax Year 2025
Lot Size 2,613 Sqft
Acres 0.06
Lot Dimensions 0.00 x 0.00
Property Sub-Type Interior Row/Townhouse
Source BRIGHT
Property Description
**Highest and Best by Sunday 7/6 at 5 P.M.** Investor Alert – Turnkey 3-Unit Property with Upside Potential!
Don't miss this prime opportunity to own a fully rented, income-producing triplex in the heart of Reading! 116 S 4th Street offers three units with long-term tenants in place. Current rents are below market, providing an excellent opportunity for increased cash flow through future rent adjustments.
This solid brick building features spacious layouts, separate entrances for each unit. The property also includes a private backyard and basement storage, adding even more value.
Conveniently located near downtown Reading, public transportation, and major commuter routes, this property is attractive to tenants and investors alike. Tenants will appreciate the convenient location just minutes from downtown, local shops, restaurants, public transportation, and Route 422
Be sure to review the projected and current market rents as you evaluate this promising investment opportunity — there's significant room for growth!
Whether you're looking to expand your portfolio or house-hack with rental income, 116 S 4th Street offers steady cash flow in an area seeing growing investor interest. Don't miss this chance to own a multi-unit in a high-demand rental market!
Location
State PA
County Berks
Area Reading City (10201)
Zoning R3
Rooms
Basement Full
Interior
Hot Water Bottled Gas
Heating Hot Water
Cooling Window Unit(s)
Fireplace N
Heat Source Natural Gas
Exterior
Exterior Feature Porch(es)
Utilities Available Electric Available, Natural Gas Available, Phone Available, Sewer Available, Water Available
Water Access N
Roof Type Unknown
Street Surface Paved
Accessibility None
Porch Porch(es)
Garage N
Building
Lot Description Level
Foundation Other
Sewer Public Sewer
Water Public
Architectural Style Traditional
Additional Building Above Grade, Below Grade
New Construction N
Schools
School District Reading
Others
Tax ID 05-5306-26-79-1492
Ownership Fee Simple
SqFt Source Assessor
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Financing Cash,Conventional
Special Listing Condition Standard
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