$499,900

220 N 6TH ST, Reading, PA 19601

  • 4,791 sqft
  • Property Icon Multi-Family Home
  • Property Year Built Icon Built in 1900
  • Property Lot Size Icon4,792sqft lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $104/sqft
  • Property List Date Icon Listed 2 months ago

Property Description

Excellent opportunity to acquire a cash-flowing multifamily property in a central city location. The sale includes a four-unit residential building at 220 N. 6th St with a rear parking lot, creating an additional income stream with future expansion potential. The residential building features a desirable unit mix with strong in-place rents: Unit #1: 2 Bedrooms – $900/month Unit #2: 3 Bedrooms – $1,500/month Unit #3: 2 Bedrooms – $1,100/month Unit #4: Studio – Projected $850/month Landlord currently pays gas heat, water, sewer, and trash. The rear parking lot provides steady income with 15 rented spaces at $60 per space per month ($900/month), with potential to create additional parking spaces. Ideal for investors seeking a stabilized asset with diversified income streams, immediate parking revenue, and long-term growth through leasing and expansion. Conveniently located near downtown amenities, public transportation, shopping, dining, and nearby daycare facilities, adding to tenant appeal and long-term rental demand. Schedule your private showing today.

Listing Status:
Active
Data Last Updated:
May 9, 2026 at 5:18PM
Listing Office:
Coldwell Banker Realty : 6103739900
Listing Agent:
Ana M Menendez : 4847970532
MLS ID:
PABK2067992
  • General: Attic
  • Appliances: StoveWaterHeaterRefrigerator
  • Basement: Full
  • Flooring: Laminate plankVinyl
  • A/C: None
  • Heating: Hot WaterNatural Gas
  • Disability Feature: None
  • General: Fire EscapeAbove GradeBelow Grade
  • Style: Traditional
  • Other Structures: Balcony
  • Parking: Paved Parking
  • Roofing: PitchedShingle
  • General: BrickStoneMixedMixed PlumbingConcrete Perimeter
  • Originating MLS: BRIGHT_MAIN
  • School District: READING
  • County: BERKS-PA
  • Zoning: R/C07-5307-75-81-2559
  • Utilities: Water availableSewer availableNatural gas availableElectric availablePhoneCable tv availableCircuit breakers
  • Water: Public
  • Sewer: Public Sewer
  • Source: BRIGHT_MAIN
  • Exclusions: Tenants Belongings

This listing courtesy of Ana M Menendez , Coldwell Banker Realty

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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