Multifamily Investment
919 Buttonwood Street Reading, PA 19604
919 Buttonwood Street, Reading, PA, 19604
$450,000
For Sale
$450,000
Well-maintained multifamily building with four 1-bedroom units and two 2-bedroom units.
Property Size3,000 SF
Price / SF$150
Days on Market25
Property Features for 919 Buttonwood Street
General Information
- Standard status
- Active
- Size
- 3,000 SF
- Property subtype
- Multi-Family
Building Details
- Year Built
- 1900
Listing agency
Bold Realty
(610) 373-8701
Listed by
Trent Stauffer · License #RM422216
(610) 373-8701
Source
Xome
Added: Jun 27 Updated: Jul 21 at 3:52AM Checked: Jul 21 at 3:52AM
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 well-maintained multifamily property is offered for sale and features a unit mix of four 1-bedroom, 1-bath units and two 2-bedroom, 1-bath units. The building is positioned as an income-producing asset designed to support rental demand with multiple distinct unit types.
Located in the City of Reading at 919 Buttonwood Street, the property benefits from an established residential setting.
The configuration totals six units, combining smaller 1-bedroom layouts with larger 2-bedroom options within the same building.
Located in the City of Reading at 919 Buttonwood Street, the property benefits from an established residential setting.
The configuration totals six units, combining smaller 1-bedroom layouts with larger 2-bedroom options within the same building.
Key Highlights
- Multifamily property in the City of Reading built in 1900
- Unit mix includes four 1‑bedroom, 1‑bath units and two 2‑bedroom, 1‑bath units
- On‑street parking
Local Financial Insights For Apartment 5plus
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 | $49.0k | $16.32 |
| − Vacancy | −$2.0k | −$0.65 |
| EGI | $47.0k | $15.67 |
| − OpEx | −$21.2k | −$7.05 |
| NOI | $25.9k | $8.62 |
3,000 SF · lease $16.32/SF/yr · vacancy 4.00% · expense 45.00%
Alternative Uses
Best Use
Apartment 5plus
$369.3K
$323.1K – $430.9K
NOI $25,851 @ 7.0% cap · market cap 5.74%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$492.5K
$430.9K – $574.6K
NOI $34,474 @ 7.0% cap · market cap 7.66%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
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FAQs
What type of property is this?
Apartment building - Well-maintained multifamily building with four 1-bedroom units and two 2-bedroom units.
Where is this apartment building located?
The property is located at 919 Buttonwood Street Reading, PA.
What is the asking price?
The asking price for this property is $450,000.
What are key features of this property?
This property features: Multifamily property in the City of Reading built in 1900; Unit mix includes four 1‑bedroom, 1‑bath units and two 2‑bedroom, 1‑bath units; On‑street parking
