New Listing
$450,000
 $2,416 est/mo Sourced by Back At You

409 S 4th St,READING, PA 19602

READING, PA 19602

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Description

This five-unit property offers an investor an opportunity to acquire an established income-producing property with a diverse mix of occupants. The property includes two efficiency apartments, one one-bedroom apartment, one two-bedroom apartment, and a two-story garage. The garage is leased to a roofing business, providing an established commercial component and additional rental income. The property also benefits from established tenancy. One of the residential units is occupied by BCC, which has a long-term client residing in the home. One efficiency apartment is currently vacant. Several significant capital improvements have already been completed, including a new hot water heater, a high-efficiency heating system installed approximately two years ago, and a rubber roof installed approximately four years ago. The garage roof has also been updated. The owner currently pays all utilities. With a mix of residential units, an established commercial tenant, recent major improvements, and one currently vacant unit, this property provides an investor with existing rental income along with an opportunity to increase occupancy and maximize the property's income potential.

Details

MLS #PABK2079146
Listing TypeFor Sale
Sub-TypeResale
StatusActive-bright
Year1900
Days On Site5
Listing Provided ByRE/MAX Of Reading | Collier Golden

Features

SQ Feet2,500
BasementY
Story(s)3
Units4
ZoningR-3 RESIDENTIAL
Acreage0.07

Interior

CoolingNone
Heating Yes / NoYes
HeatingHot Water

Exterior

RoofRubber
Construction MaterialsStucco
Foundation DetailsStone

Parking

Garage Yes / NoNo

Taxes

Tax Annual Amount2359

Area Information

StatePA
CountyBERKS PA
CityREADING
Zip Code19602
AreaReading City (10201)
School DistrictREADING
Listing VS Median (in 19602)
Price:
$450,000
low | high
Med:
$169,000
100% of Average
sqft:
2,500
low | high
Med:
1,282
98.72% of Average
$ / sqft:
$180
low | high
Med:
$132
76.763737216155% of Average
On site:
5
low | high
Med:
86
5.813953488372% of Average
Sourced by Back At You

Market Activity 19602

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Contact

Learn More About This Property

Glenn Nemath

Glenn Nemath

Class Harlan Real Estate

 (215) 896-9130glenn@classharlan.com
StatePA
CountyBERKS PA
CityREADING
Zip Code19602
AreaReading City (10201)
School DistrictREADING
Listing VS Median (in 19602)
Price:
$450,000
low | high
Med:
$169,000
100% of Average
sqft:
2,500
low | high
Med:
1,282
98.72% of Average
$ / sqft:
$180
low | high
Med:
$132
76.763737216155% of Average
On site:
5
low | high
Med:
86
5.813953488372% of Average
Sourced by Back At You
Nearby Listings (Within 1/2 mile)
Price: $337K - $562K
sqft: 1,500 - 3,000
Nearby Listings Property ImageNearby Listings Details
736 AND 738 FRANKLIN ST Property Photo 1
$345,000
736 And 738 Franklin St
Reading, PA 19602
Listing Updated: October 5, 2026 at 1:33:24 PM PDT