115 WINDSOR ST Reading, PA 19601
3,402 SqFt
Open House
Sun Nov 01, 1:00pm - 3:00pm
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Twin/Semi-Detached
Listing Status Coming Soon
Purchase Type For Sale
Square Footage 3,402 sqft
Price per Sqft $111
MLS Listing ID PABK2079926
Style Contemporary
Abv Grd Liv Area 3,402
Year Built 1900
Available Date 2026-11-01
Annual Tax Amount $3,047
Tax Year 2026
Lot Size 2,613 Sqft
Acres 0.06
Lot Dimensions 0.00 x 0.00
Property Sub-Type Twin/Semi-Detached
Source BRIGHT
Property Description
Featuring four separate residential units, this property offers the potential for multiple rental income streams. The unit mix includes two 1-bedroom apartments, one 2-bedroom apartment, and one 3-bedroom apartment. The 1-bedroom units rent for $900 each, the 2-bedroom unit rents for $1,000, and the 3-bedroom unit rents for $1,300. One 2-bedroom unit is currently vacant, providing an opportunity for a new owner to increase rental income.
The annual gross income is $49,200, with annual operating expenses totaling $14,867, including $3,047 in real estate taxes, $2,000 in insurance, $3,600 for WSTR $100 for permits, $1,200 in electricity, and $4,920 for property management (10% of gross income). This results in a reported net operating income (NOI) of $34,333 and an approximate 9% cap rate.
Conveniently situated near downtown Reading, public transportation, shopping, restaurants, and everyday amenities, this property presents an attractive opportunity for experienced investors and first-time multifamily buyers alike. Explore the potential to build wealth through real estate with this income-producing investment!
Schedule your showing today and discover the possibilities this property has to offer! Buyer to verify all financial information, rental amount
Location
State PA
County Berks
Area Reading City (10201)
Zoning R-3
Rooms
Basement Full
Interior
Hot Water Natural Gas
Heating Baseboard - Electric
Cooling None
Heat Source Electric, Natural Gas
Exterior
Water Access N
Accessibility 2+ Access Exits
Garage N
Private Pool No
Building
Foundation Brick/Mortar
Above Ground Finished SqFt 3402
Sewer Public Sewer
Water Public
Architectural Style Contemporary
Additional Building Above Grade, Below Grade
New Construction N
Schools
School District Reading
Others
Tax ID 15-5307-49-55-8277
Ownership Fee Simple
SqFt Source 3402
Acceptable Financing Cash, Conventional, Other
Listing Terms Cash, Conventional, Other
Financing Cash,Conventional,Other
Special Listing Condition Standard
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