CHARIS REALTY GROUP

Traditional

220 N 6TH STREET

READING , PA 19601

MLS#: PABK2067992

$599,900

Status: Active
Listing number: PABK2067992
Listing provided by: Coldwell Banker Realty
Listing agent phone: None
Last update: 3 hours ago
On site: a month ago
Browse Properties
NONE AVAILABLE - Residential Income

Property

Beds

8

Full Baths

None

1/2 Baths

None

Year Built

1900

Sq.Footage

4,791

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 located near downtown amenities, public transportation, shopping, dining and nearby daycare facilities, adding to tenant appeal and long-term rental demand. Schedule your private showing today

Features & Amenities

Interior

  • Total Bedrooms

    8

  • Bathrooms

    N/A

  • Above Grade Finished Area

    4791.0

  • Basement YN

    YES

  • Cooling YN

    NO

  • Cooling

    None

  • Fireplace YN

    NO

  • Heating YN

    YES

  • Heating

    Natural Gas, Hot Water

  • Pet friendly

    N/A

Exterior

  • Garage

    No

  • Construction Materials

    Brick, Stone

  • Other Exterior Features

    Balcony

  • Parking

    Paved, Parking Lot

  • Pool

    No

  • Waterfront YN

    NO

Area & Lot

  • Lot Size(acres)

    0.11

  • Property Type

    Residential Income

  • Property Sub Type

    Quadruplex

  • Architectural Style

    Traditional

Price

  • Sales Price

    $599,900

  • Tax Amount

    $2,628

  • Sq. Footage

    4, 791

  • Price/SqFt

    $125

HOA

  • Association

    No

School District

  • Elementary School

    N/A

  • Middle School

    N/A

  • High School

    N/A

Property Features

  • Stories

    3

  • Foundation Details

    Concrete Perimeter

  • Sewer

    Public Sewer

  • Tax Lot

    2559

  • Water Source

    Public

Schedule a Showing

Showing scheduled successfully.

<
>
IN PERSON
VIA CHAT

What is 3 + 4 ?


Change time

Mortgage calculator

Estimate your monthly mortgage payment, including the principal and interest, property taxes, and HOA. Adjust the values to generate a more accurate rate.

Your payment

Principal and Interest:

$

Property taxes:

$

HOA fees:

$

Total loan payment:

$

Total interest amount:

$

Location

County

BERKS

Elementary School

Middle School

High School

Listing Courtesy of Ana M Menendez , Coldwell Banker Realty

RealHub Information is provided exclusively for consumers' personal, non-commercial use, and it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. RealHub website owner shall not be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless.

Agent Chris Bollman

AGENT

Chris Bollman

Call Chris today to schedule a private showing.

(814) 215-0017

chris@charisrealty.com


* Listings on this website come from the FMLS IDX Compilation and may be held by brokerage firms other than the owner of this website. The listing brokerage is identified in any listing details. Information is deemed reliable but is not guaranteed. If you believe any FMLS listing contains material that infringes your copyrighted work please click here to review our DMCA policy and learn how to submit a takedown request.© 2024 FMLS.
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 located near downtown amenities, public transportation, shopping, dining and nearby daycare facilities, adding to tenant appeal and long-term rental demand. Schedule your private showing today

220 N 6TH STREET

Message successfully sent.

What would you like to know?

What is 3 + 4 ?

Related Properties

48 Hour Notice for Showings. Buyer to verify square footage. Can be purchased individually or in a package deal with the additional Multi Unit Properties listed and located at 1027 Walnut St Reading PA (5 Unit), 835 Washington St Reading PA (5 Unit) and 1013 Penn St Reading PA (5 Unit). Total of 19 Units - Asking Price 2.1M.
#PABK2061758

READING

1330 PERKIOMEN AVENUE

5 Beds

None Baths

4,418 Sq.Ft.

$515,000

MLS#: PABK2061758

Calling all Investors! 5 Unit Building consisting of a Storefront, 4 residential units and 1 multi floor garage now available for purchase. High traffic count makes storefront a desirable location and central location makes the residential units easy to rent. Excellent cash flow for the savvy investor. Current Rental / Lease Income Per Unit/Per Month: Unit 1 / Storefront: $750 Unit 2: $750 Unit 3: $1000 Unit 4: $1000 Unit 5: $1000 Unit 6 / Garage: $400 - Can be purchased individually or in a package deal with up to 19 Total Units. Please reach out for additional details and/or to schedule a walkthrough.
#PABK2061776

READING

835 WASHINGTON STREET

5 Beds

None Baths

4,029 Sq.Ft.

$515,000

MLS#: PABK2061776

Calling all investors! 5 Residential Units now available on Walnut St. High traffic count and Central location makes residential units easy to rent. Excellent cash flow for the savvy investor. Current Rental / Lease Income Per Unit/Per Month: Unit/Apartment 1: $900 Unit/Apartment 2: $1200 Unit/Apartment 3: $750 Unit/Apartment 4: $850 Unit/Apartment 5: $850. Can be purchased individually or in a package deal with up to 19 Total Units. Please reach out for additional details and/or to schedule a walkthrough.
#PABK2061772

READING

1027 WALNUT STREET

5 Beds

None Baths

4,920 Sq.Ft.

$515,000

MLS#: PABK2061772

Nice 7 unit from 1-3 bedrooms located across the street from a park and baseball field. The tenants pay all utilities except water and sewer. All units are in great condition. Two units are currently vacant but easily rentable. This property would then generate a great return on investment. Investors--this is one you definitely do not want to miss!
#PABK2069610

READING

357 S 3RD STREET

10 Beds

None Baths

2,946 Sq.Ft.

$500,000

MLS#: PABK2069610

Excellent opportunity to acquire a well-maintained mixed-use property in the city offering immediate cash flow and future upside. The building consists of a vacant commercial storefront, 7 residential units (6 occupied), and an additional unfinished apartment behind the storefront, providing a unique value-add component for the next owner to make it a potential 9 units. The residential units include six 1-bedroom apartments and one 2-bedroom apartment, all of which have seen updates completed throughout the life of ownership. The property spans over a massive amount of square feet and has been thoughtfully managed to maximize functionality and income potential. An additional apartment was being constructed behind the commercial storefront, featuring its own private access from the side alley. The side alley also provides separate access to the 2-bedroom unit, enhancing privacy, layout efficiency, and overall usability of the property. This asset is ideal for investors seeking stable income, owner-operators looking to utilize the commercial space, or buyers interested in completing the additional unit to increase future returns upon zoning approval. Multiple access points, mixed-use versatility, and expansion potential make this property a strong addition to any portfolio. 24 hour notice required, schedule your showing today!
#PABK2068850

READING

226 N 10TH STREET

8 Beds

None Baths

N/A

$650,000

MLS#: PABK2068850

- property

Send a message

Message successfully sent.

Your message

What is 3 + 4 ?

Reason for contacting?

Sign Out

Virtual Assistant

Would you like to take the next step with this property? We can help you schedule a showing or virtual tour, or send you more details.

Yes, I would like more information.

Thank You for Your Reply, One of Our Agents will contact you as soon as possible

No, maybe later.

Thank you, you can always contact me via email, phone number or through the contact form.

Realhub AI

Lucy - Your AI-Powered Realtor

Update Your Temporary Password

Personalize your search

Enter your email and we'll notify you immediately when new listings match what you're looking for.

or enter email address

Already have an account ? Login here

Continue your home search

Already have an account ? Login here

We use cookies

We use cookies primarily for analytics to enhance your experience. By accepting, you agree to our use of these cookies. You can manage your preferences or learn more about our cookies policy.

Privacy Policy Terms of Service