Mixed-Use Property with Expansion
226 N 10TH Street Reading, PA 19601
226 N 10TH Street, Reading, PA, 19601
$650,000
For Sale
$650,000
MULTI_FAMILY - READING, PA
Lot Size0.05 Acres
Days on Market143
Property Features for 226 N 10TH Street
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Rooms
- Basement
- Parking features
- On Street
- Interior features
- Ceiling Fan(s)
- Appliances
- Stove, Refrigerator
- Standard status
- Active
- Lot size
- 0.05 Acres
Taxes and HOA fees
- Tax Annual Amount
- 2227
Utilities
- Heating system
- Baseboard, Electric (Heating)
Building Details
- Year built
- 1900
- Number of units
- 4
- Building materials
- Combination, Mixed
Listing agency
Iron Valley Real Estate of Berks
(484) 450-8771
Listed by
Veronica Palmer · License #RS350596
(484) 663-9476
Added: Mar 2 Updated: Jul 2 at 12:40PM Checked: Jul 23 at 12:06AM
MLS# PABK2068850
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Investment Insights
Based on property information with market context.
This mixed-use property in the city presents an opportunity for immediate cash flow and future upside. The building features a vacant commercial storefront and seven residential units, with six currently occupied. The residential component includes six 1-bedroom apartments and one 2-bedroom apartment, all updated throughout the ownership. An unfinished apartment behind the storefront offers a value-add component, potentially increasing the total to nine units. The property has been managed to maximize functionality and income potential. An additional apartment, with private access from the side alley, was being constructed behind the commercial storefront. The side alley also provides separate access to the 2-bedroom unit, enhancing privacy and usability. This asset is suitable for investors seeking stable income, owner-operators looking to utilize the commercial space, or buyers interested in completing the additional unit to increase future returns upon zoning approval. The property's mixed-use versatility and expansion potential make it a strong addition to any portfolio.
Key Highlights
- Mixed‑use property with commercial storefront and residential units offering immediate cash flow.
- Value‑add opportunity to complete an unfinished apartment, potentially increasing the unit count to 9.
- Seven existing residential units: six 1‑bedroom and one 2‑bedroom, with updates completed.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Storefront properties
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FAQs
What type of property is this?
Mixed-use property - Well-maintained mixed-use property with commercial storefront and residential units.
Where is this mixed-use property located?
The property is located at 226 N 10TH Street Reading, PA.
What is the asking price?
The asking price for this property is $650,000.
What are key features of this property?
This property features: Mixed‑use property with commercial storefront and residential units offering immediate cash flow.; Value‑add opportunity to complete an unfinished apartment, potentially increasing the unit count to 9.; Seven existing residential units: six 1‑bedroom and one 2‑bedroom, with updates completed.