Two-Unit Victorian
New
For Sale
$319,900
105 N READING AVENUE, Boyertown, PA 19512
A tenant-occupied one-bedroom flat and a three-bedroom upper residence provide distinct layouts within the same brick building.
Property Size2,653 SF
Price / SF$120.58
Days on Market6
Property Features for 105 N READING AVENUE
General Information
Standard status
Active
Size
2,653 SF
Property subtype
Duplex
Building Details
Year Built
1900
Listing Agency:
Brumbach Associates-Boyertown
Listed By:
James G Brumbach · License #RM041292A
(610) 367-0660
Source:
Cummingsrealtors
Added: Oct 28
Changed: Nov 1
Last Checked: Nov 1 at 5:40AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Brumbach Associates-Boyertown
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Investment Insights
Based on property information with market context.
This brick duplex, built in 1900, contains two residences. The first-floor apartment has one bedroom, a living room, dining room, eat-in kitchen, laundry closet, storage closet, and covered rear porch; it is tenant-occupied. The upper unit spans the second and third floors and includes three bedrooms, two bathrooms, a den, living and dining rooms, an eat-in kitchen, and a separate laundry room. Kitchen appliances include a stove, dishwasher, and refrigerator. A basement provides exterior access and houses two 100-amp circuit-breaker panels, a New Yorker heater, Beckett burner, and newer fuel-oil tank. The property also includes a detached concrete-block garage with two-car capacity.
Located on N Reading Avenue in Boyertown, Pennsylvania, the property is being sold in as-is condition, with no repairs to be made by the estate.
Located on N Reading Avenue in Boyertown, Pennsylvania, the property is being sold in as-is condition, with no repairs to be made by the estate.
Key Highlights
- Two‑unit brick duplex built in 1900
- First‑floor one‑bedroom apartment is tenant‑occupied
- Upper residence has 3 bedrooms, 2 bathrooms, and a den
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$26,155
Cap Rate
8.18%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$523,100
$523.1K
Cap Rate 7%
$373,643
$373.6K
Cap Rate 9%
$290,611
$290.6K
Market Conditions
NOI Build-Up for 2,653 SF
Gross rent
$38.8K $14.64/SF
− Vacancy
−$1.5K −$0.56/SF
EGI
$37.4K $14.08/SF
− OpEx
−$11.2K −$4.23/SF
NOI
$26.2K $9.86/SF
Area
Berks County, PA
Vacancy
3.80%
Lease Rate
$14.64 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$523,100
Cap Rate 7%
$373,643
Cap Rate 9%
$290,611
Alternative Uses
Best Use
Multifamily LT 5
$373.6K
$326.9K – $435.9K
NOI $26,155 @ 7.0% cap · market cap 8.18%
Second Best
Apartment 5plus
$326.6K
$285.8K – $381.0K
NOI $22,861 @ 7.0% cap · market cap 7.15%
Theoretical Best
Office A
$435.5K
$381.1K – $508.1K
NOI $30,486 @ 7.0% cap · market cap 9.53%
Zoning and permitted uses should be independently verified with authorities.
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Location Intelligence
Trade Area within ½ mile
552
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Demographics for 19512, PA
16,928
Population
6,726
Households
2.5
Avg Household Size
46
Median Age
23%
College-Educated
91%
High-School Grad
43.3 sq mi
ZIP Area
391
Density / Sq Mi
$76,036
Median Household Income
$49,954
Median Earnings
$1,146
Median Rent
$247,500
Median Home Value
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Market
Vacancy Rate% for Multifamily in Northeast region
Frequently Asked Questions
What type of property is this?
Duplex - A tenant-occupied one-bedroom flat and a three-bedroom upper residence provide distinct layouts within the same brick building.
Where is this duplex located?
The property is located at 105 N READING AVENUE Boyertown, PA.
What is the asking price?
The asking price for this property is $319,900.
What are key features of this property?
This property features: Two‑unit brick duplex built in 1900; First‑floor one‑bedroom apartment is tenant‑occupied; Upper residence has 3 bedrooms, 2 bathrooms, and a den
