Two-Unit Duplex with Separate
New
For Sale
$285,000
2601 HOLLYWOOD COURT, Reading, PA 19606
Two distinct living spaces include an unfinished basement, walk-up attic, and attached garage.
Property Size1,863 SF
Price / SF$152.98
Days on Market2
Property Features for 2601 HOLLYWOOD COURT
General Information
Standard status
Active
Size
1,863 SF
Property subtype
Duplex
Additional Details
Multifamily Units
2
Building Details
Year Built
1930
Buildings
1
Listing Agency:
Realty One Group Exclusive
(484) 975-6400
Listed By:
Robert Martin · License #RS308440
(215) 350-8648
Source:
Cummingsrealtors
Added: Oct 12
Changed: Oct 13
Last Checked: Oct 13 at 2:24AM
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 Realty One Group Exclusive
Investment Insights
Based on property information with market context.
This 1,863-square-foot duplex, built in 1930, contains two separate living units, each with a living room, kitchen, and bedroom. The first unit features cathedral ceilings and hardwood flooring, plus a kitchen with oak cabinetry and a built-in pantry. Its unfinished basement provides storage and includes a washer and dryer, with access to an attached garage.
The second unit has a separate entrance leading to a hallway foyer with a built-in storage bench. Hardwood flooring continues through the living room and bedroom, while the eat-in kitchen and full bathroom with tub and shower complete the unit. A walk-up attic offers additional storage. A wall opening could connect the units, allowing the interior configuration to be changed.
The second unit has a separate entrance leading to a hallway foyer with a built-in storage bench. Hardwood flooring continues through the living room and bedroom, while the eat-in kitchen and full bathroom with tub and shower complete the unit. A walk-up attic offers additional storage. A wall opening could connect the units, allowing the interior configuration to be changed.
Key Highlights
- Two‑unit duplex with separate entrances
- 1,863 square feet; built in 1930
- First unit features cathedral ceilings and hardwood flooring
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$18,367
Cap Rate
6.44%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$367,340
$367.3K
Cap Rate 7%
$262,386
$262.4K
Cap Rate 9%
$204,078
$204.1K
Market Conditions
NOI Build-Up for 1,863 SF
Gross rent
$27.3K $14.64/SF
− Vacancy
−$1.0K −$0.56/SF
EGI
$26.2K $14.08/SF
− OpEx
−$7.9K −$4.23/SF
NOI
$18.4K $9.86/SF
Area
Berks County, PA
Vacancy
3.80%
Lease Rate
$14.64 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$367,340
Cap Rate 7%
$262,386
Cap Rate 9%
$204,078
Alternative Uses
Best Use
Multifamily LT 5
$262.4K
$229.6K – $306.1K
NOI $18,367 @ 7.0% cap · market cap 6.44%
Second Best
Apartment 5plus
$229.3K
$200.7K – $267.6K
NOI $16,053 @ 7.0% cap · market cap 5.63%
Theoretical Best
Office A
$305.8K
$267.6K – $356.8K
NOI $21,408 @ 7.0% cap · market cap 7.51%
Zoning and permitted uses should be independently verified with authorities.
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Current Use
Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
388
Businesses Nearby
Explore this area
Business Placement
Demographics for 19606, PA
35,153
Population
14,593
Households
2.4
Avg Household Size
42
Median Age
29%
College-Educated
93%
High-School Grad
26.7 sq mi
ZIP Area
1,317
Density / Sq Mi
$81,872
Median Household Income
$45,583
Median Earnings
$1,282
Median Rent
$229,400
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Multifamily in Northeast region
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Frequently Asked Questions
What type of property is this?
Duplex - Two distinct living spaces include an unfinished basement, walk-up attic, and attached garage.
Where is this duplex located?
The property is located at 2601 HOLLYWOOD COURT Reading, PA.
What is the asking price?
The asking price for this property is $285,000.
What are key features of this property?
This property features: Two‑unit duplex with separate entrances; 1,863 square feet; built in 1930; First unit features cathedral ceilings and hardwood flooring
