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350 Elm St Reading, PA 19601

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For Sale
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Four-story brick building with 32 residential units and on-site parking.

Property size:
20,700 SF

Property Features for 350 Elm St

General Information

Size
20,700 SF

Building Details

Year built
1930

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Listing Contact
Matt Wolf
Source: Kislakrealty

Listing Agent: Matt Wolf

Displayed information is deemed reliable but is not guaranteed and should be independently verified.

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Overview

Elm View Apartments: 32 Units

The property is a four-story brick building comprising 32 residential units, complemented by on-site parking. Each unit is equipped with a washer and dryer. An on-site management office and 24-hour surveillance are present. The property was renovated in 2020, with pointing, exterior painting, and hallway work completed in 2023. The rubber roof is approximately 5 years old. A RUBS program has been recently implemented. Elm View Apartments is located within 0.7 mile of Reading Area Community College, approximately a 13-minute commute. It is also located near Alvernia University and Albright College. The property has a 7.5% cap rate on current financials. The property size is 20700 square feet.
Location Intelligence

Current Use by Public Records

Elm View Apartments Apartment Building Reading Knitting Mills Historical Landmark

Suggested Use

Law Firm Restaurant Realty agency Spa & Massage Dental Office Hair Salon Clothing Store Nail Salon Food Market Gym & Fitness

Zoning and permitted uses should be independently verified with local authorities.

Location Insight

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  • Local Demand
City
Reading
County
Berks
State
Pennsylvania
Longitude
-75.9300159
Latitude
40.3397835

FAQs

What type of property is this?
Apartment building - Four-story brick building with 32 residential units and on-site parking.
Where is this apartment building located?
The property is located at 350 Elm St Reading, PA.
What are key features of this property?
This property features: - 7.5% cap rate on current financials; - Washer and dryer in each unit; - On-site parking lot and on-site management office
More about this property
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