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Income-Generating Multifamily Property

518 Franklin Street Reading, PA 19602

518 Franklin Street, Reading, PA, 19602
$350,000
For Sale
$350,000

Fully occupied multifamily property with tenant-paid electric and gas and included stove and refrigerator.

Days on Market25

Property Features for 518 Franklin Street

General Information

Standard status
Active
Property subtype
Multi-Family / Fee Simple

Building Details

Year Built
1900
Listing agency Bold Realty
Listed by Trent L Stauffer · License #RM422216
Source Compass
Added: Jun 27 Updated: Jul 20 at 8:18PM Checked: Jul 20 at 8:18PM

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 Bold Realty


Investment Insights

Based on property information with market context.

This income-producing multifamily property is offered for sale fully occupied, providing immediate rental income. Tenant utility responsibilities include electric and gas. Appliances are included, with a stove and refrigerator provided.

Located in Reading, Pennsylvania within Berks County, the property is described as conveniently near shopping, dining, schools, public transportation, and major commuter routes, supporting practical everyday access for residents.

The listing presents the asset as a straightforward addition to an investment portfolio, with the current occupancy and rental structure outlined for an easier transition for a new owner.

Key Highlights

  • Fully occupied multifamily property with immediate rental income
  • Tenants pay electric and gas
  • Appliances included: stove and refrigerator

Property Analytics

Location Intelligence

Current Use by Public Records

Multifamily properties

Suggested Use

Electrical Service (Bike/Boat/Book/etc) Store Carpet & Flooring Store Pet Grooming Service Storage Facility Wine and Liquor Store Catering Service (Bike/Boat/Book/etc) Store (Bike/Boat/Book/etc) Store Auto Parts Store

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

FAQs

What type of property is this?
Multifamily property - Fully occupied multifamily property with tenant-paid electric and gas and included stove and refrigerator.
Where is this multifamily property located?
The property is located at 518 Franklin Street Reading, PA.
What is the asking price?
The asking price for this property is $350,000.
What are key features of this property?
This property features: Fully occupied multifamily property with immediate rental income; Tenants pay electric and gas; Appliances included: stove and refrigerator
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