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Street View
$175,000
Monthly Est:$871
-- Bed
-- Bath
1,080sqft
120 W Elm St, Reading, PA 19601
$175,000
$871/moEst:
Get Pre-Approved
Townhouse
Built in 1910
$-- HOA
1,742 sqft lot
$162/sq.ft
Description
Currently professionally managed and ready for its next owner, this duplex is an ideal opportunity for both investors and owner-occupants alike.
The property features two 1-bedroom units with a flexible setup. Move into the vacant, freshly remodeled first-floor unit while collecting $850/month from your already-tenanted second-floor neighbor, or simply add both units to your rental portfolio and let the property manager handle the rest. Projected first-floor rental income: $875/month.
Each unit is separately metered, so tenants pay their own heat and electric bills, keeping your out-of-pocket expenses to a minimum. Both units are in good condition, and both electric water heaters were replaced in 2024. The property also benefits from very low taxes, making the cash flow picture even more attractive.
Out back, you'll find a 2-car garage that, while currently without a door, represents a straightforward value-add opportunity — install a garage door and increase both the property's value and its income potential. There is also additional 2-car parking space in the front of the garage.
- Houzeo last checked: 12 hours ago
- Listing updated: October 2, 2026 at 12:03 am
- Listing Provided by: MOUNA TABAT (484) 529-3923 | Iron Valley Real Estate of Berks (484) 450-8771
- Source: Bright MLS-NJ | MLS#: PABK2073522
Property Details
Status
Pending
Type
Townhouse
No. of Stories
-
County
City
Neighborhood
--
Year Built
1910
HOA Fees
-
Finished Area
1,080 sqft
Lot Size
1,742 sqft lot
Basement Area
- sqft
MLS Name
Bright MLS
MLS Number
PABK2073522
MLS Status
PENDING-BRIGHT
Days on Market
33
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Location
Facts & Features
Rooms
Bedrooms & bathrooms
Bedroom: --
Bathroom: --
Interior
Cooling
Window Unit(s)
Flooring
Laminated
Sewer
Public Sewer
Heating
Baseboard Electric
Construction
Year Built
Year Built: 1910
Home type
Townhouse
Foundation Details
Stone
Construction Materials
Brick
Roof
Asphalt, Rubber
Architectural Style
Traditional
Utilities & Energy
Basement
Full, Rear Entrance, Unfinished
Water Source
Public
Price History
| Date | Event | Price |
|---|---|---|
10/02/2026 Source: | Pending | $175,000 $162/sqft |
10/01/2026 Source: | Listed for Sale | $175,000 $162/sqft |
08/19/2026 Source: | Price Decreased | $175,000 -2.78% $162/sqft |
03/20/2025 Source: | Off Market | $180,000 -9.95% $167/sqft |
03/20/2025 Source: | Listed for Sale | $199,900 +11.06% $185/sqft |
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