Two-Unit Duplex with Covered
For Sale
$210,000
Pending
911 N FRONT STREET, Reading, PA 19601
Separate first- and second-floor residences provide distinct layouts, including a three-bedroom upper unit.
Property Size2,172 SF
Days on Market170
Property Features for 911 N FRONT STREET
General Information
Standard status
Pending
Size
2,172 SF
Property subtype
Duplex
Additional Details
Multifamily Units
2
Amenities
covered front porch
fenced yard
basement
Building Details
Building Size
2,172 SF
Year Built
1900
Abandoned
No
Listing Agency:
Iron Valley Real Estate of York County
Listed By:
Jennifer Elizabeth Hensel · License #RS365794
(717) 316-8777
Source:
Vwolpert.kw
Added: Apr 27
Changed: Oct 6
Last Checked: Oct 12 at 4:37PM
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 Iron Valley Real Estate of York County
Investment Insights
Based on property information with market context.
This duplex contains two residences arranged on separate floors. The first-floor unit has hardwood flooring, spacious rooms, and an open kitchen with a dining area. Upstairs, the second unit includes three private bedrooms, an oversized kitchen, and vinyl plank flooring. A large covered front porch, fenced yard, and extra-large basement add to the property’s physical features; the basement also provides access to utilities. The building dates to 1900 and has a new rubber roof.
Key Highlights
- Two residential units, with the second‑floor unit offering three private bedrooms
- First‑floor residence features hardwood flooring and an open kitchen with a dining area
- Upper unit has an oversized kitchen and vinyl plank flooring
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$18,716
Cap Rate
8.91%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$374,320
$374.3K
Cap Rate 7%
$267,371
$267.4K
Cap Rate 9%
$207,956
$208.0K
Market Conditions
NOI Build-Up for 2,172 SF
Gross rent
$35.4K $16.32/SF
− Vacancy
−$1.4K −$0.65/SF
EGI
$34.0K $15.67/SF
− OpEx
−$15.3K −$7.05/SF
NOI
$18.7K $8.62/SF
Area
Berks County, PA
Vacancy
4.00%
Lease Rate
$16.32 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$374,320
Cap Rate 7%
$267,371
Cap Rate 9%
$207,956
Alternative Uses
Best Use
Multifamily LT 5
$305.9K
$267.7K – $356.9K
NOI $21,413 @ 7.0% cap · market cap 10.20%
Second Best
Apartment 5plus
$267.4K
$234.0K – $311.9K
NOI $18,716 @ 7.0% cap · market cap 8.91%
Theoretical Best
Office A
$356.6K
$312.0K – $416.0K
NOI $24,959 @ 7.0% cap · market cap 11.89%
Zoning and permitted uses should be independently verified with authorities.
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Current Use
Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
607
Businesses Nearby
Explore this area
Business Placement
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
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Market
Vacancy Rate% for Multifamily in Northeast region
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Frequently Asked Questions
What type of property is this?
Duplex - Separate first- and second-floor residences provide distinct layouts, including a three-bedroom upper unit.
Where is this duplex located?
The property is located at 911 N FRONT STREET Reading, PA.
What is the asking price?
The asking price for this property is $210,000.
What are key features of this property?
This property features: Two residential units, with the second‑floor unit offering three private bedrooms; First‑floor residence features hardwood flooring and an open kitchen with a dining area; Upper unit has an oversized kitchen and vinyl plank flooring
