129 N 8th St, Reading, PA 19601
Local realty services provided by:ERA Cole Realty
129 N 8th St,Reading, PA 19601
$225,000
- 2 Beds
- - Baths
- 1,980 sq. ft.
- Multi-family
- Active
Listed by: jose m candelaria
Office: re/max of reading
MLS#:PABK2065510
Source:BRIGHTMLS
Price summary
- Price:$225,000
- Price per sq. ft.:$113.64
About this home
Downtown City of Reading middle row 2 unit building located in the C-R zoning district, currently being used as a commercial office on the main level unit 1 and a residential unit 2. Unit 1 - 1st fl, 4 rooms comprised of a waiting room and 3 offices, a powder room, gas heat, central air, rear patio, 1 car carport. Occupant pays for electric, hot water, gas heat. Projected rent: $1200 a month. This was the owner's personal business office and is still be operated by family. Unit 2 - 2nd & 3rd fl, 4 rooms, 2 BRS, liv, modern kit, 2 full modern baths, gas cooking, gas or electric hot water, gas F/A heat, walk-in closet. Large 2nd level deck. Occupant pays for electric, hot water, gas heat. This was the owner's personal living unit and has a primary suite with a primary bath and walk-in closet. Projected rent $1600. Total projected income: 33,600. Total expenses: 7792. NOI: 25,808. Cap Rate: 11%. Expenses breakdown: Taxes: 1992. Ins: 1,500. W/S/T/R:1200. Permit: 100, Trash: 500, Electric: 2500. Additional features include 2 gas forced air furnaces, central air for the office, 1 gas water heater, 1 electric water heater, a metal roof, 200 AMP main electric, 2-100 AMP breaker panels, covered carport off street parking for 1 car. Paved parking lot known as 132-134 Cedar Street with parking for up to 12 cars. To be sold as a package deal with 125 N. 8th Street, Reading, PA 19601 - 225k. 132 Cedar Street, Reading, PA 19601 - 20k & 134 Cedar Street, Reading, PA 19601 - 20k. Total package price is $465k.
This is an estate sale and is to be sold AS IS.
Contact an agent
Home facts
- Year built:1900
- Listing ID #:PABK2065510
- Added:2 day(s) ago
- Updated:November 20, 2025 at 11:43 PM
Rooms and interior
- Bedrooms:2
- Living area:1,980 sq. ft.
Heating and cooling
- Cooling:Central A/C, Window Unit(s)
- Heating:Forced Air, Natural Gas
Structure and exterior
- Roof:Metal
- Year built:1900
- Building area:1,980 sq. ft.
- Lot area:0.08 Acres
Utilities
- Water:Public
- Sewer:Public Sewer
Finances and disclosures
- Price:$225,000
- Price per sq. ft.:$113.64
- Tax amount:$1,992 (2025)
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