Twin Duplex With Off-Street
For Sale
$399,900
340 S Reading Ave, Boyertown, PA 19512
Both sides offer separate living spaces, with off-street parking positioned behind the property.
Property Size1,976 SF
Price / SF$202.38
Days on Market11
Property Features for 340 S Reading Ave
General Information
Standard status
Active
Size
1,976 SF
Property subtype
Residential Income
Taxes and HOA fees
Annual Taxes
$4,223
Listing Agency:
Legacy Real Estate Associates, LLC
(484) 794-9751
Listed By:
Kristen L Weller
(484) 794-9751
Source:
Exprealty
Added: Jul 27
Changed: Aug 2
Last Checked: Aug 2 at 2:43AM
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 Legacy Real Estate Associates, LLC
Investment Insights
Based on property information with market context.
This duplex includes both sides of a twin-home configuration under one deed, providing two separate living spaces within a combined 1,976-square-foot property. The layout supports flexible occupancy, including use of one side while the other is rented, subject to applicable requirements. The property may also suit multi-generational living arrangements where each household has its own residence.
Located at 340 S Reading Ave in Boyertown, the homes have off-street parking at the rear. A wooded hill behind the property provides a scenic setting, with possible views of trains traveling on the historic Colebrookdale Railroad. The two sides may be eligible for division into separate properties, a process that can be explained by the seller.
Located at 340 S Reading Ave in Boyertown, the homes have off-street parking at the rear. A wooded hill behind the property provides a scenic setting, with possible views of trains traveling on the historic Colebrookdale Railroad. The two sides may be eligible for division into separate properties, a process that can be explained by the seller.
Key Highlights
- Both sides of the twin duplex are included in the sale
- Combined property size of 1,976 SF
- Two separate living spaces under one deed
Financial Insights For Multifamily LT 5
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $28.9k | $14.64 |
| − Vacancy | −$1.1k | −$0.56 |
| EGI | $27.8k | $14.08 |
| − OpEx | −$8.3k | −$4.23 |
| NOI | $19.5k | $9.86 |
1,976 SF · lease $14.64/SF/yr · vacancy 3.80% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$278.3K
$243.5K – $324.7K
NOI $19,481 @ 7.0% cap · market cap 4.87%
Second Best
Apartment 5plus
$243.2K
$212.8K – $283.8K
NOI $17,027 @ 7.0% cap · market cap 4.26%
Theoretical Best
Office A
$324.4K
$283.8K – $378.5K
NOI $22,707 @ 7.0% cap · market cap 5.68%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
435
Businesses Nearby
Explore this area
Business Placement
Demographics for 19512, PA
16,928
Population
6,726
Households
2.5
Avg Household Size
46
Median Age
23%
College-Educated
91%
High-School Grad
43.3 sq mi
ZIP Area
391
Density / Sq Mi
$76,036
Median Household Income
$49,954
Median Earnings
$1,146
Median Rent
$247,500
Median Home Value
Market
Vacancy Rate% for Multifamily in Northeast region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Duplex - Both sides offer separate living spaces, with off-street parking positioned behind the property.
Where is this duplex located?
The property is located at 340 S Reading Ave Boyertown, 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: Both sides of the twin duplex are included in the sale; Combined property size of 1,976 SF; Two separate living spaces under one deed
