120 W Elm St, Reading, PA 19601

Reading
Local realty services provided by:ERA Byrne Realty
120 W Elm St,Reading, PA 19601
$175,000
  • 2 Beds
  • - Baths
  • - sq. ft.
  • Multi-family
  • Coming Soon
Listed by: mouna tabat
Office: iron valley real estate of berks
MLS#:PABK2073522
Source:BRIGHTMLS

Price summary

  • Price:$175,000

About this home

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...

Contact an agent

contact an agent

Yes, I would like more information. Please use and/or share my information with an ERA®  affiliated agent to contact me about my real estate needs. By clicking Send message, I request to be contacted by phone or text message and consent to being contacted by automated means. I understand that my consent to receive calls or texts is not a condition of purchasing any property, goods, or services. Alternatively, I understand that I can access real estate services by email or I can contact the agent myself.

If an ERA®  affiliated agent is not available in the area where I need assistance, I agree to be contacted by a real estate agent affiliated with another brand owned or licensed by Anywhere Real Estate (BHGRE® , CENTURY 21® , Coldwell Banker® , Corcoran® , Sotheby's International Realty® ). I acknowledge that I have read and agree to theTerms of useandPrivacy notice

Home facts

  • Year built:1910
  • Listing ID #:PABK2073522
  • Updated:August 13, 2026 at 08:52 PM

Rooms and interior

  • Bedrooms:2
  • Flooring:Laminated
  • Basement:Yes
  • Basement Description:Full, Rear Entrance, Unfinished

Heating and cooling

  • Cooling:Window Unit(s)
  • Heating:Baseboard - Electric, Electric

Structure and exterior

  • Roof:Asphalt, Rubber
  • Year built:1910
  • Architectural Style:Traditional
  • Construction Materials:Brick
  • Foundation Description:Stone

Utilities

  • Water:Public
  • Sewer:Public Sewer

Finances and disclosures

  • Price:$175,000
  • Tax amount:$1,010 (2024)

Parking

  • Parking description:Attached Garage, Garage - Rear Entry
  • Garage:Yes
  • Garage spaces:2

New listings near 120 W Elm St