Occupied Quadplex Investment Property

518 FRANKLIN Street, Reading, PA 19602

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New

For Sale

$365,000

MULTI_FAMILY - Other - READING, PA

Lot size:

0.03 Acres

HighLights

Fully occupied income‑producing multifamily property with immediate rental income
Tenant pays electric and gas
Brick construction with electric heating and baseboard heat
Appliances included: stove and refrigerator
On‑street parking and basement included
Year built: 1900

We can help!

Contact an agent

Trent L Stauffer

For Sale

$365,000

MULTI_FAMILY - Other - READING, PA

Lot size:

0.03 Acres

Added:: Jun 30, 2026
Days on Market:: 2
Last Refresh:: Jul 1 at 6:06 pm

Property Features for 518 FRANKLIN Street

General Information

Property type: Residential Multi Family
Property subtype: Other
Rooms: Basement
Parking features: On Street
Interior features: Carpet
Appliances: Refrigerator
Standard status: Active
Lot size: 0.03 Acres

Taxes and HOA fees

Tax Annual Amount: 1352

Utilities

Heating system: Electric (Heating), Baseboard

Building Details

Year built: 1900
Number of units: 4
Building materials: Brick
Architectural style: Other

We can help!

Contact an agent

Trent L Stauffer

Listing agent Trent L Stauffer License #RM422216

Listing office Bold Realty 70 Werner Street, West Reading, PA

Listing date Jun 30, 2026

MLS# PABK2074060 Listing URL

HighLights

Fully occupied income‑producing multifamily property with immediate rental income
Tenant pays electric and gas
Brick construction with electric heating and baseboard heat
Appliances included: stove and refrigerator
On‑street parking and basement included
Year built: 1900

Overview

This quadplex is an income-producing residential property with current occupancy. Each unit includes a stove and refrigerator, and the utilities structure is straightforward: tenants pay electric and gas. The property is presented as a turnkey option for buyers seeking an existing, occupied multifamily investment.

Located at 518 Franklin Street in Reading, Pennsylvania, the building is described as convenient to shopping, dining, schools, and public transportation. It also offers easy access to major commuter routes, supporting day-to-day livability for residents.

As an investment-minded asset, the property is positioned for buyers who want immediate rent status rather than waiting for leasing. It may also be a practical fit for first-time investors looking for a residential income property with a clear tenant-paid utility model and included in-unit appliances. For more details on specific unit configurations and rents, interested parties should request the full offering materials.

Property Profile Location Intelligence

Current Use by Public Records

Quadplexes

Suggested Use

Location Insight

Map
Local Demand

City: Reading
County: Berks
State: Pennsylvania
Longitude: -75.92715
Latitude: 40.3335

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For sale
Quadplexes
PA
Reading
19602
518 FRANKLIN Street

What type of property is this?

Quadplex - Fully occupied quadplex with tenant-paid electric and gas and included stove and refrigerator.

Where is this quadplex located?

The property is located at 518 FRANKLIN Street Reading, PA.

What is the asking price?

The asking price for this property is $365,000.

What are key features of this property?

This property features: Fully occupied income‑producing multifamily property with immediate rental income; Tenant pays electric and gas; Brick construction with electric heating and baseboard heat

518 FRANKLIN Street, Reading, PA 19602

MULTI_FAMILY - Other - READING, PA

Property Features for 518 FRANKLIN Street

General Information

Taxes and HOA fees

Utilities

Building Details

We can help!

HighLights

Overview

Current Use by Public Records

Suggested Use

Location Insight

Nearby Similar for Sale

Six-Unit Apartment Building

15-Unit Multifamily Building

Renovated Office Building with Elevator

Mixed-Use Twin with Retail and Apartment

6-Unit Multifamily Investment Property

Mixed-Use Property with Expansion Potential

Two-Unit Income Duplex

Storefront Retail Property

Reading Multifamily Investment Opportunity

Corner Flex Office Building

Historic Residence in Callowhill District

Restaurant with Residential Upper Level

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