MLS: #PABK2071194, Listed By: Jose Vazquez, Light House Realtors, LLC, Source:Bright MLS
316 S 8th Street
READING, PA 19602
2
Bed
0
Bath
2,134Sqft
0.03Acre(Lot)
Investors and house hackers — the math on this one just got better. We pulled 316 S 8th Street off-market briefly to rehab every unit to rent-ready, and we dropped the price $25K to $274,900. So you're now buying a turnkey, fully vacant 4-unit in one of PA's most renter-hungry markets — 60% of households rent, studios are pulling $875–$1,100/mo and 2-bedrooms are pushing $1,200–$1,500+. Run the numbers: rent-ready from day one means no rehab lift and no lag to cash flow. Lease all four at market for a gross rent roll of $3,825–$4,800+/mo — roughly $45K–$57K a year against a $274,900 buy. Every unit has its own separate electric heat and each tenant pays their own utilities, so operating expenses stay lean and net income stays fat. No utility bills eating your returns. Still maximum fle
Property Details
Map
Map
What's Nearby
Nearby Areas
Features
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Bedroom Information
Total beds: 2 -
Interior Features
Appliances: Electric Water Heater -
Heating & Cooling
Has Heating: Yes Heating: Electric, Baseboard Cooling: None
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Building Information
Year Built: 1900 Building Area Total: 2134 Construction Materials: Brick Pool Features: None Private Pool: No
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Lot Information
Lot Dimensions: 0.00 x 0.00 Lot Size Acres: 0.03 Lot Size Source: Assessor Lot Size Square Feet: 1306
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Listing Price Information
Listing Price: $274900
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Tax Information
Parcel Number: 02-5306-36-98-4308 Tax Lot: 4308 Tax Year: 2025 Annual Tax: $1232
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Parking Information
On Street
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Utility Information
Electricity Available -
Location Information
Direction: Use GPS WaterSource: Public
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Nearby Home Value
| Address | Estimate | Bed | Bath | Sq. Ft | Lot Size |
|---|---|---|---|---|---|
| Perkiomen Avenue, Reading, PA, 19602 | $1,485,000 | 21 | -- | 15,578 | 15,578 SqFt |
| 1601 Mineral Spring Road, Reading, PA, 19602 | $585,000 | 12 | -- | 6,775 | 6,775 SqFt |
| 226 Orange Street, Reading, PA, 19602 | $159,900 | 4 | -- | 2,184 | 2,184 SqFt |
| 736 AND 738 Franklin St.., Reading, PA, 19602 | $345,000 | 3 | -- | 2,776 | 2,776 SqFt |
| 357 S 3rd Street, Reading, PA, 19602 | $460,000 | 8 | -- | 2,946 | 2,946 SqFt |
Similar Multifamily To 316 S 8th Street
Nearby For Sale
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ByOwner last updated this listing 06/29/2026 @ 03:54
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