$299,900

316 S 8TH ST, Reading, PA 19602

  • 2,134 sqft
  • Property Icon Multi-Family Home
  • Property Year Built Icon Built in 1900
  • Property Lot Size Icon1,307sqft lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $141/sqft
  • Property List Date Icon Listed 15 days ago

Property Description

Savvy investors and house hackers — this is the one you've been waiting for. This fully vacant 4-unit at 316 S 8th Street is a blank canvas sitting in one of Pennsylvania's most renter-hungry markets, where 60% of households rent and studios are commanding $1,000–$1,100/mo with 2-bedrooms pushing $1,600–$1,700+ in today's market. Do the math: a light cosmetic refresh — fresh floors, clean walls — and you're looking at a potential gross monthly rent roll of $4,200–$4,500+. Here's where it gets even better — every unit has its own separate electric heat and each tenant pays their own utilities, meaning your operating expenses stay lean and your net income stays fat. No utility bills eating into your returns. A true investor's dream structure. Maximum flexibility too: rent all four and stack income, or move into the 2-bedroom, let your three tenants cover your mortgage AND put cash in your pocket every single month — live for free while building real wealth. The vacancy isn't a problem — it's your power. Every unit is yours to price at peak market rates from day one, no inherited leases, no inherited headaches, just pure upside. In a city where rents have risen nearly 2% year-over-year and demand never sleeps, hesitation is the only mistake you can make. First mover wins here — schedule your showing now before the next investor does.

Listing Status:
Active
Data Last Updated:
May 8, 2026 at 11:25PM
Listing Office:
Light House Realtors, LLC : 4842730056
Listing Agent:
Jose Vazquez : 6105104445
MLS ID:
PABK2071194
  • A/C: None
  • Heating: Baseboard - ElectricElectric
  • Disability Feature: None
  • General: Above GradeBelow Grade
  • Style: Traditional
  • General: BrickBrick/Mortar
  • Originating MLS: BRIGHT_MAIN
  • School District: READING
  • County: BERKS-PA
  • Zoning: RESIDENTIAL02-5306-36-98-4308
  • Utilities: Electric available
  • Water: Public
  • Sewer: Public Sewer
  • Source: BRIGHT_MAIN

This listing courtesy of Jose Vazquez , Light House Realtors, LLC

Monthly Payment

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

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