Two-Unit Duplex with Detached
349 Reading Boyertown, PA 19512
349 Reading, Boyertown, PA, 19512
$250,000
Pending
For Sale
$250,000
Pending
Duplex with a one-bedroom upper unit, a two-bedroom lower unit, and a large detached 45 x 40 garage.
Property Size1,780 SF
Days on Market102
Property Features for 349 Reading
General Information
- Standard status
- Pending
- Size
- 1,780 SF
- Property subtype
- Multi-Family / Fee Simple
Building Details
- Year Built
- 1900
Listing agency
Herb Real Estate, Inc.
(484) 941-4066
Listed by
Kristi Medvetz · License #RS338862
(484) 941-4066
Source
Compass
Added: Apr 13 Updated: Jul 23 at 5:45AM Checked: Jul 23 at 5:45AM
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 Herb Real Estate, Inc.
Investment Insights
Based on property information with market context.
This duplex offers two separate residential units, including a one-bedroom apartment on the upper level and a two-bedroom apartment on the lower level. The property is presented as a true fixer-upper, providing an opportunity for investors or owner-occupants seeking to renovate and add value.
A large detached garage measuring 45 x 40 is included, and the listing notes it has previously generated additional rental income. The property also features ample off-street and on-street parking.
Located in the Boyertown School District, the property is described as being close to major routes for commuting, while also being near downtown Boyertown with local restaurants, shops, and community attractions.
A large detached garage measuring 45 x 40 is included, and the listing notes it has previously generated additional rental income. The property also features ample off-street and on-street parking.
Located in the Boyertown School District, the property is described as being close to major routes for commuting, while also being near downtown Boyertown with local restaurants, shops, and community attractions.
Key Highlights
- Duplex in Boyertown School District with 2 separate units: 1‑bedroom upper unit and 2‑bedroom lower unit
- Large detached 45 x 40 garage on the property, previously used to generate additional rental income
- Year built listed as 1900
Local 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 | $26.1k | $14.64 |
| − Vacancy | −$990 | −$0.56 |
| EGI | $25.1k | $14.08 |
| − OpEx | −$7.5k | −$4.23 |
| NOI | $17.5k | $9.86 |
1,780 SF · lease $14.64/SF/yr · vacancy 3.80% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$250.7K
$219.4K – $292.5K
NOI $17,548 @ 7.0% cap · market cap 7.02%
Second Best
Apartment 5plus
$219.1K
$191.7K – $255.6K
NOI $15,338 @ 7.0% cap · market cap 6.14%
Theoretical Best
Office A
$292.2K
$255.7K – $340.9K
NOI $20,454 @ 7.0% cap · market cap 8.18%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Duplexes
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FAQs
What type of property is this?
Duplex - Duplex with a one-bedroom upper unit, a two-bedroom lower unit, and a large detached 45 x 40 garage.
Where is this duplex located?
The property is located at 349 Reading Boyertown, PA.
What is the asking price?
The asking price for this property is $250,000.
What are key features of this property?
This property features: Duplex in Boyertown School District with 2 separate units: 1‑bedroom upper unit and 2‑bedroom lower unit; Large detached 45 x 40 garage on the property, previously used to generate additional rental income; Year built listed as 1900
