$499,900
 $2,684 est/mo Sourced by Back At You

220 N 6th St,READING, PA 19601

READING, PA 19601

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Description

Excellent opportunity to acquire a cash-flowing multifamily property in a central city location. The sale includes a four-unit residential building at 220 N. 6th St with a rear parking lot, creating an additional income stream with future expansion potential.The residential building features a desirable unit mix with strong in-place rents:Unit #1: 2 Bedrooms - $900/monthUnit #2: 3 Bedrooms - $1,500/monthUnit #3: 2 Bedrooms - $1,100/monthUnit #4: Studio - Projected $850/monthLandlord currently pays gas heat, water, sewer, and trash. The rear parking lot provides steady income with rented spaces at $60 per space per month ($900/month), with 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.

Details

MLS #PABK2067992
Listing TypeFor Sale
Sub-TypeResale
StatusPending-bright
Year1900
Days On Site231
Listing Provided ByColdwell Banker Realty | Ana M Menendez

Features

SQ Feet4,791
BasementY
Story(s)3
Units4
ZoningR/C
Acreage0.11

Interior

CoolingNone
Heating Yes / NoYes
HeatingHot Water
Interior FeaturesAttic
AppliancesStove, Water Heater, Refrigerator

Exterior

Exterior FeaturesFire Escape
RoofPitched, Shingle
Construction MaterialsBrick, Stone, Mixed, Mixed Plumbing
Foundation DetailsConcrete Perimeter

Parking

Garage Yes / NoNo
Parking FeaturesPaved Parking

Utilities

UtilitiesWater Available, Sewer Available, Natural Gas Available, Electric Available, Phone, Cable TV Available

Taxes

Tax Annual Amount2628

Area Information

StatePA
CountyBERKS PA
CityREADING
Zip Code19601
AreaReading City (10201)
Community NameNONE AVAILABLE
School DistrictREADING
Listing VS Median (in NONE AVAILABLE)
Price:
$499,900
low | high
Med:
$359,900
78.005601120224% of Average
sqft:
4,791
low | high
Med:
1,283
100% of Average
$ / sqft:
$104
low | high
Med:
$317
100% of Average
On site:
231
low | high
Med:
52.5
100% of Average
Sourced by Back At You

Market Activity 19601

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Additional Information


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Learn More About This Property

StatePA
CountyBERKS PA
CityREADING
Zip Code19601
AreaReading City (10201)
Community NameNONE AVAILABLE
School DistrictREADING
Listing VS Median (in NONE AVAILABLE)
Price:
$499,900
low | high
Med:
$359,900
78.005601120224% of Average
sqft:
4,791
low | high
Med:
1,283
100% of Average
$ / sqft:
$104
low | high
Med:
$317
100% of Average
On site:
231
low | high
Med:
52.5
100% of Average
Sourced by Back At You
Nearby Listings (Within 1/4 mile)
Price: $374K - $624K
sqft: 3,500 - 5,500
Nearby Listings Property ImageNearby Listings Details
351 N 6TH ST Property Photo 1
$799,900
351 N 6th St
Reading, PA 19601
Listing Updated: September 22, 2026 at 2:14:39 PM PDT