115 Windsor St, Reading, PA 19601
Local realty services provided by:ERA Byrne Realty
115 Windsor St,Reading, PA 19601
$379,999
- 9 Beds
- - Baths
- 3,402 sq. ft.
- Multi-family
- Coming Soon
Upcoming open houses
- Sun, Nov 0101:00 pm - 03:00 pm
Listed by: mini j castaneda
Office: coldwell banker realty
MLS#:PABK2079926
Source:BRIGHTMLS
Price summary
- Price:$379,999
- Price per sq. ft.:$111.7
About this home
Excellent Investment Opportunity in Reading, PA! Don't miss this fantastic opportunity to own a 4-unit semi-detached multifamily property at 115 Windsor Street, Reading, PA 19601! Ideally located in a convenient area, this property offers excellent potential for investors looking to expand their rental portfolio or begin their journey into multifamily real estate investing.
Featuring four separate residential units, this property offers the potential for multiple rental income streams. The unit mix includes two 1-bedroom apartments, one 2-bedroom apartment, and one 3-bedroom apartment. The 1-bedroom units rent for $900 each, the 2-bedroom unit rents for $1,000, and the 3-bedroom unit rents for $1,300. One 2-bedroom unit is currently vacant, providing an opportunity for a new owner to increase rental income.
The annual gross income is $49,200, with annual operating expenses totaling $14,867, including $3,047 in real estate taxes, $2,000 in insurance, $3,600 for WSTR $100 for permits, $1,200 in electricity, and $4,920 for property management (10% of gross income). This results in a reported net operating income (NOI) of $34,333 and an approximate 9% cap rate.
Conveniently situated near downtown Reading, public transportation, shopping, restaurants, and everyday amenities, this property presents an attractive opportunity for experienced investors and first-time multifamily buyers alike. Explore the potential to build wealth through real estate with this income-producing investment!
Schedule your showing today and discover the possibilities this property has to offer! Buyer to verify all financial information, rental amount...
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Home facts
- Year built:1900
- Listing ID #:PABK2079926
- Updated:October 27, 2026 at 09:48 PM
Rooms and interior
- Bedrooms:9
- Basement:Yes
- Basement Description:Full
- Living area:3,402 sq. ft.
Heating and cooling
- Heating:Baseboard - Electric, Electric, Natural Gas
Structure and exterior
- Year built:1900
- Building area:3,402 sq. ft.
- Lot area:0.06 Acres
- Architectural Style:Contemporary
- Construction Materials:Brick
- Foundation Description:Brick/Mortar
Utilities
- Water:Public
- Sewer:Public Sewer
Finances and disclosures
- Price:$379,999
- Price per sq. ft.:$111.7
- Tax amount:$3,047 (2026)
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