Turnkey Multifamily Property Near
For Sale
$625,000
Pending
115 S 6TH STREET, Reading, PA 19602
Five residential units near upcoming train station, ready for new owner.
Property SizeContact for details
Lot Size0.15 Acres
Days on Market583
Property Features for 115 S 6TH STREET
General Information
Standard status
Pending
Lot size
0.15 Acres
Property subtype
Commercial/Industrial
Building Details
Year Built
1900
Listing Agency:
Iron Valley Real Estate of Berks
(610) 301-2742
Listed By:
Melinda O'Neill · License #RS341264
(610) 301-2742
Source:
Exitrealty
Added: Jan 26, 2025
Changed: Jul 6
Last Checked: Jul 23 at 9:17AM
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 turnkey property features five residential units, comprising three 2-bedroom units and two 1-bedroom units. The building includes 12 parking spaces and a storage garage. Electric utility is separately metered and paid for by the tenants. The building was gutted and renovated, incorporating numerous upgrades, as detailed in the attached key features sheet. The property is fully occupied and has been well-maintained, offering an immediate opportunity for a new owner to collect rent. Located within walking distance of an upcoming train station, this property is available individually or as part of a package with properties at 108 S 6th St, 114 S 6th St, 39 and 43 S 9th St, and 405 Walnut.
Key Highlights
- Turnkey 5‑unit property, ready for immediate rental income.
- Close proximity to incoming train station.
- Consists of (3) 2‑bedroom units and (2) 1‑bedroom units.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
2,825
Businesses Nearby
Explore this area
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
Market
Vacancy Rate% for Multifamily in Northeast region
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Frequently Asked Questions
What type of property is this?
Apartment building - Five residential units near upcoming train station, ready for new owner.
Where is this apartment building located?
The property is located at 115 S 6TH STREET Reading, PA.
What is the asking price?
The asking price for this property is $625,000.
What are key features of this property?
This property features: Turnkey 5‑unit property, ready for immediate rental income.; Close proximity to incoming train station.; Consists of (3) 2‑bedroom units and (2) 1‑bedroom units.
