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6-Unit Apartment Building
For Sale
$399,900

127 3RD STREET, Reading, PA 19602

Multifamily property with window air conditioning, mixed flooring, and on-street parking in Reading.

Property Size6,781 SF
Price / SF$58.97
Days on Market129

Property Features for 127 3RD STREET

General Information

Standard status Active
Size 6,781 SF
Property subtype Multi-Family

Additional Details

Multifamily Units 6

Taxes and HOA fees

Annual Taxes $2,239

Amenities

Window Air Conditioning
3
Ceramic Tile, Vinyl, Carpet
Rubber
Parking.
On Street.
0.00 x 0.00

Building Details

Year Built 1900
Listing Agency: Coldwell Banker Realty
Listed By: Joe Colon · License #RS343304
Source: Xome
Added: Apr 5 Changed: Aug 9 Last Checked: Aug 10 at 2:50AM

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 Coldwell Banker Realty

Investment Insights

Based on property information with market context.

Located at 127 3rd Street in Reading, Pennsylvania, this multifamily building contains six separate residential units within 6,781 square feet. Constructed in 1900, the property includes window air conditioning and a mix of ceramic tile, vinyl, and carpet flooring.

The building requires renovation and additional work, providing a clear opportunity to reposition the existing apartment configuration. Parking is available on the street, and the property has a rubber roof.

Key Highlights

  • Six separate residential units
  • 6,781 SF multifamily building
  • Built in 1900

Property Analytics

Current Use

Apartment buildings

Suggested Use

Top Pick Real Estate Agency Dental Office Garden Center (Bike/Boat/Book/etc) Store Veterinary Clinic Storage Facility

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

6
Residential units

Location Intelligence

Trade Area within ½ mile

1,671
Businesses Nearby

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

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Apartment building - Multifamily property with window air conditioning, mixed flooring, and on-street parking in Reading.
Where is this apartment building located?
The property is located at 127 3RD STREET Reading, PA.
What is the asking price?
The asking price for this property is $399,900.
What are key features of this property?
This property features: Six separate residential units; 6,781 SF multifamily building; Built in 1900
More about this property
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