Turnkey Duplex with Off-Street
1208 North 6th Street Reading, PA 19601
1208 North 6th Street, Reading, PA, 19601
$265,500
For Sale
$265,500
Turnkey duplex offering two 1-bedroom, 1-bath units with off-street parking.
Property Size1,200 SF
Price / SF$221.25
Days on Market79
Property Features for 1208 North 6th Street
General Information
- Standard status
- Active
- Size
- 1,200 SF
- Property subtype
- Multi-Family / Fee Simple
Building Details
- Year Built
- 1930
Listing agency
SPM Real Estate Group
(610) 427-7098
Listed by
Ana Marie Guzman Rodriguez · License #RS348121
(610) 427-7098
Source
Compass
Added: May 5 Updated: Jul 21 at 7:43PM Checked: Jul 22 at 10:53AM
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 SPM Real Estate Group
Investment Insights
Based on property information with market context.
This turnkey duplex includes two separate apartments, each with 1 bedroom and 1 bathroom. The property is configured as 2 units within a single residential income building and is offered with off-street parking.
Located at 1208 North 6th Street in Reading, PA (Berks County), the building is identified in the Reading City area (10201). The listing notes long-term tenants.
The duplex provides two rental units with reported rents of $1,050 for one apartment and $1,072 for the other.
Located at 1208 North 6th Street in Reading, PA (Berks County), the building is identified in the Reading City area (10201). The listing notes long-term tenants.
The duplex provides two rental units with reported rents of $1,050 for one apartment and $1,072 for the other.
Key Highlights
- Turnkey duplex built in 1930 with 2 separate 1‑bedroom, 1‑bath units
- Off‑street parking included
- Rental income includes $1,050 per month for one unit and $1,072 per month for the other
Local Financial Insights For Multifamily LT 5
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $17.6k | $14.64 |
| − Vacancy | −$668 | −$0.56 |
| EGI | $16.9k | $14.08 |
| − OpEx | −$5.1k | −$4.23 |
| NOI | $11.8k | $9.86 |
1,200 SF · lease $14.64/SF/yr · vacancy 3.80% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$169.0K
$147.9K – $197.2K
NOI $11,830 @ 7.0% cap · market cap 4.46%
Second Best
Apartment 5plus
$147.7K
$129.3K – $172.3K
NOI $10,340 @ 7.0% cap · market cap 3.89%
Theoretical Best
Office A
$197.0K
$172.4K – $229.8K
NOI $13,789 @ 7.0% cap · market cap 5.19%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Duplexes
Similar For Sale Nearby
FAQs
What type of property is this?
Duplex - Turnkey duplex offering two 1-bedroom, 1-bath units with off-street parking.
Where is this duplex located?
The property is located at 1208 North 6th Street Reading, PA.
What is the asking price?
The asking price for this property is $265,500.
What are key features of this property?
This property features: Turnkey duplex built in 1930 with 2 separate 1‑bedroom, 1‑bath units; Off‑street parking included; Rental income includes $1,050 per month for one unit and $1,072 per month for the other
