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Street View
$240,000
-- Bed
- -- Bath
1,663sqft
113 W Oley St, Reading, PA 19601
$240,000
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Townhouse
Built in 1895
$-- HOA
1,307 sqft lot
$144/sq.ft
Description
Welcome to 113 W Oley Street, a solid income-producing multi-unit property located in the heart of Reading. This well-maintained 2-unit building offers strong cash flow and a 9.6% cap rate, making it an ideal addition to any investor’s portfolio.
The property features two residential units:
* Unit 1: 1 bedroom, 1 bathroom — currently rented at $850/month (month-to-month lease)
* Unit 2: 3 bedrooms, 1 bathroom — currently rented at $1,200/month (month-to-month lease)
In addition to the residential income, the property includes a detached garage in the rear, currently leased for an additional $75/month, providing extra revenue.
Tenants pay their own heat and electricity...
Property Details
Status
Active
Type
Townhouse
No. of Stories
-
County
City
Neighborhood
--
Year Built
1895
HOA Fees
-
Finished Area
1,663 sqft
Lot Size
1,307 sqft lot
Basement Area
- sqft
MLS Name
Bright MLS
MLS Number
PABK2071162
MLS Status
ACTIVE-BRIGHT
Days on Market
16
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