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$375,000

500 N 10TH STREET, READING PA, 19604

Price per sqftN/A
Built in1910
Property typeMulti-family

Overview

Active

Active-bright

Listed Nov 3, 2026

Updated 18h ago

BACK ON THE MARKET! **One buyer's loss could be your gain! Don't miss your second chance to make this profitable property yours. Schedule your showing today!** Investor opportunity with strong income potential! This fully renovated 3-unit property is ready to start producing and offers flexibility for the next owner, with the option to purchase vacant or rented depending on preference. The first floor features two separate 2-bedroom, 1-bath units, each with its own private exterior entrance and exit. Both units have been renovated and are currently positioned at $1,300 per month each. Separate electric and water meters help keep owner-paid expenses to a minimum. The third unit offers additional flexibility and income potential. It is currently being rented by the room at $800 per room, with a shared kitchen and bathroom and the owner paying electric and gas. Alternatively, the space can be rented as a traditional 3-bedroom, 1-bath unit for approximately $1,800 per month and includes access to a second-floor patio. With separate meters for all units, updated interiors, multiple rental strategies, and off-street parking for two vehicles, this property is set up for an investor looking to add a turnkey multifamily asset to their portfolio. At projected rents of approximately $5,000 per month, the property offers excellent income potential from day one. Whether you're looking for traditional long-term rentals or a combination of unit and room rentals, this property gives the next owner options to maximize its return.

$2,495/mo

Est. mortgage payment based on a $375,000 home price.

All estimates are provided by Luxury Presence for informational purposes only. Actual amounts may vary.

Additional information

MLS® ID
PABK2077284

Interior Features

Heating
Yes
Basement
No

Exterior Features

Lot Size
0.05 Acres

Other Property Details

Taxes
$1,140
Tax Frequency
Annually
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Listed by Coldwell Banker Realty
Listing Contact: 6102237359 

The IDX display contains information sourced from the Bright MLS, Inc. as of 11/5/2026. This data is intended solely for personal, non-commercial use and is not to be utilized for any other purposes except to identify potential properties for purchase. Although the MLS data displayed is typically considered reliable, it is not guaranteed to be accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and are advised to conduct their own investigations or seek professional assistance. Other sources besides the Listing Agent may have contributed to the MLS data presented. Unless expressly specified in writing, the Broker/Agent has not confirmed any information obtained from external sources. The Broker/Agent may or may not have acted as the Listing and/or Selling Agent and cannot guarantee the accuracy of property locations displayed on any map. Any compensation offers are solely made to participants of the MLS where the listing is registered.

©2026 Bright MLS, Inc. all rights reserved.

Data last updated on 11/5/2026 at 10:10 PM UTC

 

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