MLS: #PABK2073522, Listed By: MOUNA TABAT, Iron Valley Real Estate of Berks, Source:Bright MLS
120 W Elm Street
READING, PA 19601
2
Bed
0
Bath
1,080Sqft
0.04Acre(Lot)
Currently professionally managed and ready for its next owner, this duplex is an ideal opportunity for both investors and owner-occupants alike. The property features two 1-bedroom units with a flexible setup. Move into the vacant, freshly remodeled first-floor unit while collecting $850/month from your already-tenanted second-floor neighbor, or simply add both units to your rental portfolio and let the property manager handle the rest. Projected first-floor rental income: $875/month. Each unit is separately metered, so tenants pay their own heat and electric bills, keeping your out-of-pocket expenses to a minimum. Both units are in good condition, and both electric water heaters were replaced in 2024. The property also benefits from very low taxes, making the cash flow picture even more a
Property Details
Map
Map
What's Nearby
Nearby Areas
Features
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Bedroom Information
Total beds: 2Room Information
Has Basement: Yes Basement: Full, Unfinished -
Flooring Information
Laminate -
Roofing Information
Asphalt, Rubber -
Interior Features
Roof: Asphalt, Rubber Appliances: Electric Water Heater -
Heating & Cooling
Has Heating: Yes Heating: Electric, Baseboard Has Cooling: Yes Cooling: Window Unit(s), Electric
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Building Information
Year Built: 1910 Building Area Total: 1080 Construction Materials: Brick Pool Features: None Private Pool: No
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Lot Information
Lot Size Acres: 0.04 Lot Size Source: Estimated Lot Size Square Feet: 1742
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Listing Price Information
Listing Price: $175000
-
Tax Information
Parcel Number: 06-5307-73-51-5703 Tax Lot: 5703 Tax Year: 2024 Annual Tax: $1010
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Parking Information
Parking Total: 2 Garage, AttachedGarage Information
Has Garage: Yes Has Attached Garage: Yes Garage Space: 2
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Location Information
Direction: From Schuylkill Ave, turn left onto W Elm St. Property will be on the right. WaterSource: Public
How much is this property worth?
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Nearby Home Value
| Address | Estimate | Bed | Bath | Sq. Ft | Lot Size |
|---|---|---|---|---|---|
| 112 N 11th Street, Reading, PA, 19601 | $595,000 | 6 | -- | -- | |
| 1038 Walnut Street, Reading, PA, 19601 | $309,900 | 4 | -- | 1,355 | 1,355 SqFt |
| 1208 N 6th Street, Reading, PA, 19601 | $265,500 | 2 | -- | 1,200 | 1,200 SqFt |
| 520 Windsor Street, Reading, PA, 19601 | $599,900 | 2 | -- | -- | |
| 349 N 4th Street, Reading, PA, 19601 | $249,900 | 4 | -- | 2,637 | 2,637 SqFt |
| 308 N 4th Street, Reading, PA, 19601 | $285,000 | 5 | -- | 2,062 | 2,062 SqFt |
| 418 Schuylkill Avenue, Reading, PA, 19601 | $175,000 | 5 | -- | 2,158 | 2,158 SqFt |
| 1342 Allegheny Avenue, Reading, PA, 19601 | $279,900 | 2 | -- | 1,148 | 1,148 SqFt |
Similar Multifamily To 120 W Elm Street
Nearby For Sale
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ByOwner last updated this listing 08/16/2026 @ 05:48
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