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Five-Unit Residential Rental

24 Philadelphia Avenue Shillington, PA 19607

24 Philadelphia Avenue, Shillington, PA, 19607
$499,000
For Sale
$499,000

Five-unit building offers four one-bedroom units and one two-bedroom unit, with owner-paid gas heat and hot water.

Days on Market281

Property Features for 24 Philadelphia Avenue

General Information

Standard status
Active
Property subtype
Multi-Family / Fee Simple

Building Details

Year Built
1900
Listing agency BHHS Homesale Realty- Reading Berks
Listed by Edward G Freeman · License #RS273426
Source Compass
Added: Oct 14, 2025 Updated: Jul 20 at 6:20PM Checked: Jul 21 at 6:29AM

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 BHHS Homesale Realty- Reading Berks


Investment Insights

Based on property information with market context.

This five-unit residential rental property includes four one-bedroom units and one two-bedroom unit. Owner-paid expenses include gas heat and hot water, while tenants pay for trash and recycling. Reported current annual rents total $58,200, with multiple units described as being under market value. The property has recently passed the Shillington rental codes inspection.

Located at 24 Philadelphia Avenue in Shillington, the building is described as within walking distance to major amenities and public transportation. The listing also notes that when units become available, they are unusually rented within days.

For practical leasing and operations, the mix of unit sizes provides flexibility, and the current rent roll reflects both occupied units and an opportunity to align rents closer to market as units turn over.

Key Highlights

  • 5‑unit rental building in Shillington: four 1‑bedroom units and one 2‑bedroom unit
  • Current annual rents total $58,200, with several units noted as under market value
  • Owner‑paid utilities include gas heat and hot water

Property Analytics

Location Intelligence

Current Use by Public Records

Apartment buildings

Suggested Use

Real Estate Agency Parking Lot & Garage HVAC Service Computer & Electronic Repair Electrical Service Daycare Center Skin Care Clinic Home Appliance Store (Bike/Boat/Book/etc) Store Tech Support Center

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

FAQs

What type of property is this?
Apartment building - Five-unit building offers four one-bedroom units and one two-bedroom unit, with owner-paid gas heat and hot water.
Where is this apartment building located?
The property is located at 24 Philadelphia Avenue Shillington, PA.
What is the asking price?
The asking price for this property is $499,000.
What are key features of this property?
This property features: 5‑unit rental building in Shillington: four 1‑bedroom units and one 2‑bedroom unit; Current annual rents total $58,200, with several units noted as under market value; Owner‑paid utilities include gas heat and hot water
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