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Property view

148 S 9th St, 
Reading, PA 19602

$390,000


4

Beds


Bath


2,668

Sq Ft


Multi-Family

Sold

Listed by

John H Gantkowski Jr.

Bought with Coldwell Banker Realty

Iron Valley Real Estate Of Berks, (484) 450-8771, admin@ironvalleyrealestateofberks.com

MLS#

PABK2068274

Source:

BRIGHTMLS

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About This Home

148 S 9th St

Four unit apartment building located at the end of the row offering additional light, and strong rental appeal. This oversized property features more than 2600 square feet of living space, making it a powerful income producing asset for any portfolio. Investors seeking immediate cash flow will appreciate the solid rent roll and low expense structure. Tenants pay their own electric, heat, cooking gas, and hot water. Owner expenses are limited to water, sewer, trash, insurance, and taxes, maximizing net income. For the savvy house hacker, the current owner has intentionally left one unit vacant, creating the perfect opportunity to move in and take advantage of FHA owner occupant financing while the remaining units help cover your mortgage. Current rent roll: Two bedroom unit 1300 per month One bedroom unit 1100 per month One bedroom unit 1100 per month Studio unit 950 per month Strong income, minimal owner expenses, and built in upside make this a standout opportunity for both investors and owner occupants. Properties with this size, layout, and income potential do not come along often. Higher than average CAP rate 11%.

Home Facts

Multi-Family

4 Bedrooms

Built in 1900

Price Summary

390,000

$146 per Sq. Ft.

MLS #:

PABK2068274

Sold:

March 13, 2026


Rooms & Interior

Bedrooms

Total Bedrooms:

4


Structure

Structure

Architectural Style:

Traditional

Building Area:

2,668 Sq. Ft.

Year Built:

1900


Lot

Lot Size (Sq. Ft):

1,306


Finances & Disclosures

Finances

Price:

$390,000

Price per Sq. Ft:

$146 per Sq. Ft.

Source:BRIGHTMLS
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