220 N 6th St, Reading, PA 19601

Reading
Local realty services provided by:O'BRIEN REALTY ERA POWERED
220 N 6th St,Reading, PA 19601
$650,000
  • 8 Beds
  • - Baths
  • 4,791 sq. ft.
  • Multi-family
  • Active
Listed by: ana m menendez
Office: coldwell banker realty
MLS#:PABK2067992
Source:BRIGHTMLS

Price summary

  • Price:$650,000
  • Price per sq. ft.:$135.67

About this home

Excellent opportunity to acquire a cash-flowing multifamily property with two income-producing parking lots in a central city location. The sale includes a four-unit residential building at 220 N. 6th St, with rear parking lot and a separately deeded parking lot located at 221 Church St, creating multiple revenue streams with future expansion potential. The residential building features a desirable unit mix with strong in-place rents: Unit #1: 2 Bedrooms-$900/month, Unit #2: 3 Bedrooms-$1,500/month, Unit #3: 2 Bedrooms-$1,100/month, Unit #4 Studio-Projected $850/month. Landlord currently pays gas heat, water, sewer and trash. Rear parking lots provides steady income with 15 total rented spaces across both parking lots at $60 per space per month ($900/month), plus potential to create additional parking spaces. Ideal for investors seeking a stabilized asset with diversified income streams, immediate parking revenue, and long-term growth through leasing and expansion. Conveniently...

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Home facts

  • Year built:1900
  • Listing ID #:PABK2067992
  • Added:47 day(s) ago
  • Updated:March 28, 2026 at 01:37 PM

Rooms and interior

  • Bedrooms:8
  • Flooring:Laminate Plank, Vinyl
  • Kitchen Description:Refrigerator, Stove, Water Heater
  • Basement:Yes
  • Basement Description:Full
  • Living area:4,791 sq. ft.

Heating and cooling

  • Heating:Hot Water, Natural Gas

Structure and exterior

  • Roof:Pitched, Shingle
  • Year built:1900
  • Building area:4,791 sq. ft.
  • Lot area:0.11 Acres
  • Lot Features:Downtown
  • Architectural Style:Traditional
  • Construction Materials:Brick, Stone
  • Exterior Features:Balcony, Fire Escape
  • Foundation Description:Concrete Perimeter

Utilities

  • Water:Public
  • Sewer:Public Sewer

Finances and disclosures

  • Price:$650,000
  • Price per sq. ft.:$135.67
  • Tax amount:$2,628 (2025)

Features and amenities

  • Amenities:Attic, Cable TV Available, Electric Available, Natural Gas Available, Phone

Parking

  • Parking description:Parking Lot, Paved Parking

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