Three-Unit Building with Separate
New
For Sale
$339,900
1114 Franklin Street, Reading, PA 19602
Well-maintained residential income property with individually serviced apartments, a two-vehicle garage, and month-to-month leases.
Property SizeContact for details
Days on Market5
Property Features for 1114 Franklin Street
General Information
Standard status
Active
Total Parking Spaces
2
Property subtype
Multi-Family
Additional Details
Multifamily Units
3
Building Details
Year Built
1905
Buildings
1
Stories
3
Listing Agency:
Iron Valley Real Estate of Berks
Listed By:
Hernan Delgado Guzman · License #3346176
(917) 717-3232
Source:
Century21dale
Added: Sep 15
Changed: Sep 17
Last Checked: Sep 19 at 6:33AM
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 Iron Valley Real Estate of Berks
Investment Insights
Based on property information with market context.
This three-unit residential income property in Reading includes a two-bedroom apartment on the first floor, a three-bedroom apartment on the second floor, and a two-bedroom apartment on the third floor. Each apartment has its own boiler and water heater. The building dates to 1905, and most windows have been replaced. A garage accommodates two vehicles, while the backyard requires limited upkeep.
The owner is responsible for cold water, common electricity, trash, and recycling. All leases are month-to-month, providing a flexible leasing structure. Showings require 24 hours’ notice and are best scheduled after 5:30 PM.
The owner is responsible for cold water, common electricity, trash, and recycling. All leases are month-to-month, providing a flexible leasing structure. Showings require 24 hours’ notice and are best scheduled after 5:30 PM.
Key Highlights
- Three apartments with a 2‑bedroom, 3‑bedroom, and 2‑bedroom layout by floor
- Separate boiler and water heater serving each apartment
- Two‑vehicle garage included
Property Analytics
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Current Use
Lease Details
3
Residential units
Location Intelligence
Trade Area within ½ mile
2,298
Businesses Nearby
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Business Placement
Demographics for 19602, PA
19,782
Population
7,907
Households
2.5
Avg Household Size
32
Median Age
11%
College-Educated
71%
High-School Grad
2.0 sq mi
ZIP Area
9,891
Density / Sq Mi
$38,179
Median Household Income
$30,848
Median Earnings
$978
Median Rent
$73,000
Median Home Value
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Market
Vacancy Rate% for Multifamily in Northeast region
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Frequently Asked Questions
What type of property is this?
Triplex - Well-maintained residential income property with individually serviced apartments, a two-vehicle garage, and month-to-month leases.
Where is this triplex located?
The property is located at 1114 Franklin Street Reading, PA.
What is the asking price?
The asking price for this property is $339,900.
What are key features of this property?
This property features: Three apartments with a 2‑bedroom, 3‑bedroom, and 2‑bedroom layout by floor; Separate boiler and water heater serving each apartment; Two‑vehicle garage included
