328 High Street Reading, PA 19606
Listing Courtesy of: BRIGHT IDX / Century 21 Gold / Jeffrey Martin

  328 High Street Reading, PA 19606

Active (5 Days)
$650,000

Description

Add this Turnkey 6-unit investment property to your portfolio! This is the one you have been waiting for with scheduled gross rents of $79,440 for 2025! Quiet suburban location for your tenants, limits your vacancy rate. Built as a multi-family building you have a practical floor plan you and your tenants will appreciate. Four units on main and upper levels mirror each other. Two lower-level units one on each end of the building. Four units are each two bedrooms and one full bathroom along with kitchen, dining room, and living room. The two lower-level units are studios. Basement offers storage lockers for each unit and coin operated laundry for additional income. Tenants pay most of the utilities. Four units are individual gas heat and hot water which tenants pay for. Seven electric meters so tenants pay for their own electricity. Two lower-level unit expenses are shared between owner and tenant. Income and expense breakdowns are provided in documents which include leases, expenses, and 6-unit license from township. After expenses, assuming 5% of the gross rents for maintenance and 5% for vacancy, building net operating income is over $52K a year with room to grow your gross rents. Don’t miss out on this incredible opportunity!

MLS #:
PABK2061722
Taxes
$7,390(2025)
Lot Size
6,098 SQFT
Type
Multifamily
Year Built
1920
Style
Traditional
School District
Antietam
County
Berks County

Listed By

Jeffrey Martin, Century 21 Gold
Source
BRIGHT IDX
Last checked Aug 29 2025 at 11:33 PM GMT+0000
Bathroom Details
Interior Features
  • Dining Area
  • Built-Ins
  • Window Treatments
  • Wood Floors
  • Floor Plan - Traditional
  • Dryer
  • Washer
  • Refrigerator
  • Kitchen - Eat-In
  • Oven/Range - Electric
  • Oven/Range - Gas
  • Walls/Ceilings: Plaster Walls
  • Walls/Ceilings: Dry Wall
  • Walls/Ceilings: Paneled Walls
  • Kitchen - Galley
  • Attic
  • Carpet
  • Ceiling Fan(s)
  • Bathroom - Tub Shower
  • Bathroom - Stall Shower
Lot Information
  • Cleared
  • Corner
  • Level
  • Front Yard
  • Rear Yard
  • Sideyard(s)
Property Features
  • Above Grade
  • Below Grade
  • Foundation: Other
Heating and Cooling
  • Hot Water
  • Radiator
  • Baseboard - Hot Water
  • Hot Water & Baseboard - Electric
  • Window Unit(s)
  • Ceiling Fan(s)
Basement Information
  • Outside Entrance
  • Rear Entrance
  • Connecting Stairway
  • Shelving
  • Unfinished
  • Poured Concrete
  • Drain
Flooring
  • Stone
  • Vinyl
  • Hardwood
  • Carpet
  • Ceramic Tile
Exterior Features
  • Frame
  • Concrete
  • Stucco
  • Masonite
  • Masonry
  • Block
  • Cast Iron Plumbing
  • Copper Plumbing
  • Cpvc/Pvc
  • Roof: Rubber
Utility Information
  • Utilities: Cable Tv Available, Natural Gas Available, Phone Available, Water Available, Sewer Available
  • Sewer: Public Sewer
  • Fuel: Electric, Natural Gas
Living Area
  • 5,297 sqft

Listing Brokerage Notes
Buyer Brokerage Compensation: 3%
*Details provided by the brokerage, not MLS (Multiple Listing Service). Buyer's Brokerage Compensation not binding unless confirmed by separate agreement among applicable parties.
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Estimated Monthly Mortgage Payment

*Based on Fixed Interest Rate withe a 30 year term, principal and interest only

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Disclaimer: Copyright 2025 Bright MLS IDX. All rights reserved. This information is deemed reliable, but not guaranteed. The information being provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated 8/29/25 16:33