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Renovated 4-Story Apartment Building
For Sale
Contact for pricing
Pending

350 Elm St, Reading, PA 19601

Built in 1930, this 4-story building offers 32 units and was renovated in 2020.

Property SizeContact for details
Days on Market149

Property Features for 350 Elm St

General Information

Standard status Pending
Property subtype Multifamily
Listing Agency: Horvath & Tremblay
Listed By: Craig Dunkle · License #PA RS324418
Source: Crexi
Added: Apr 12 Changed: Sep 5 Last Checked: Sep 5 at 6:48PM

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 Horvath & Tremblay

Investment Insights

Based on property information with market context.

Elm View Apartments is a 4-story apartment building built in 1930 and most recently renovated in 2020. The property contains 32 total units, including 16 one-bedroom units and 16 two-bedroom units.

Separate meters for electric and gas are in place. The property is designated as low-income housing and currently has a six-plus month waiting period for future vacancies.

The net rentable area is 22,100 SF on a 0.33-acre parcel.

Key Highlights

  • Elm View Apartments at 350 Elm St, Reading: 4‑story building built in 1930 and renovated in 2020
  • Elm View offers 32 total units: 16 one‑bedroom and 16 two‑bedroom; net rentable area of 22,100 SF on 0.33 acres
  • Elm View has separate electric and gas meters and a 6+ month waiting period for future vacancies

Property Analytics

Current Use

Elm View Apartments Apartment Building Reading Knitting Mills Tour Operator

Suggested Use

Top Pick Real Estate Agency Dental Office Electrical Service (Bike/Boat/Book/etc) Store Acupuncture Garden Center

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

Location Intelligence

Trade Area within ½ mile

2,763
Businesses Nearby

Demographics for 19601, PA

35,477
Population
14,024
Households
2.5
Avg Household Size
34
Median Age
12%
College-Educated
73%
High-School Grad
3.8 sq mi
ZIP Area
9,336
Density / Sq Mi
$41,133
Median Household Income
$30,433
Median Earnings
$986
Median Rent
$110,700
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 - Built in 1930, this 4-story building offers 32 units and was renovated in 2020.
Where is this apartment building located?
The property is located at 350 Elm St Reading, PA.
What are key features of this property?
This property features: Elm View Apartments at 350 Elm St, Reading: 4‑story building built in 1930 and renovated in 2020; Elm View offers 32 total units: 16 one‑bedroom and 16 two‑bedroom; net rentable area of 22,100 SF on 0.33 acres; Elm View has separate electric and gas meters and a 6+ month waiting period for future vacancies
(215) 302-4400 Call to check price and availability
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