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328 High St, 
Reading, PA 19606

$650,000


10

Beds


Bath


5,297

Sq Ft


Multi-Family

Coming Soon

Listed by

Jeffrey Martin

Century 21 Gold

Last updated:

August 22, 2025, 03:32 AM

MLS#

PABK2061722

Source:

BRIGHTMLS

About This Home

328 High St

Add this Turnkey 6-unit investment property to your portfolio! This is the one you have been waiting for with scheduled gross rents of $79,440 for 2025! Quiet suburban location for your tenants, limits your vacancy rate. Built as a multi-family building you have a practical floor plan you and your tenants will appreciate. Four units on main and upper levels mirror each other. Two lower-level units one on each end of the building. Four units are each two bedrooms and one full bathroom along with kitchen, dining room, and living room. The two lower-level units are studios. Basement offers storage lockers for each unit and coin operated laundry for additional income. Tenants pay most of the utilities. Four units are individual gas heat and hot water which tenants pay for. Seven electric meters so tenants pay for their own electricity. Two lower-level unit expenses are shared between owner and tenant. Income and expense breakdowns are provided in documents which include leases, expenses, and 6-unit license from township. After expenses, assuming 5% of the gross rents for maintenance and 5% for vacancy, building net operating income is over $52K a year with room to grow your gross rents. Don’t miss out on this incredible opportunity!

Home Facts

Multi-Family

10 Bedrooms

Built in 1920

Price Summary

650,000

$122 per Sq. Ft.

MLS #:

PABK2061722

Last Updated:

August 22, 2025, 03:32 AM

Added:

3 day(s) ago


Rooms & Interior

Bedrooms

Total Bedrooms:

10


Structure

Structure

Architectural Style:

Traditional

Building Area:

5,297 Sq. Ft.

Year Built:

1920


Lot

Lot Size (Sq. Ft):

6,098


Finances & Disclosures

Finances

Price:

$650,000

Price per Sq. Ft:

$122 per Sq. Ft.

Source:BRIGHTMLS
The information being provided by Bright MLS is for the consumer’s personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The information is deemed reliable but not guaranteed and should therefore be independently verified. © 2025 Bright MLS All rights reserved.

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