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sales rep | Brivity IDX

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120 W Elm St , Reading, PA 19601
$170,000
Est. Payment: $918.37/mo
2 Bed
1080 Sqft
0.04 Acres
Status: active | Days on site: 61
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IRONVLBR1 - 3367947
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House Description

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 attractive. Out back, you'll find a 2-car garage that, while currently without a door, represents a straightforward value-add opportunity — install a garage door and increase both the property's value and its income potential. There is also additional 2-car parking space in the front of the garage.

Highlights

Listed by MOUNA TABAT , 4845293923 Iron Valley Real Estate of Berks , 4844508771. Bright MLS

Property Type

Multi-Family

Lot/Acreage
0.04

Year Built

1910

County

Berks

Area

Reading City (10201)

School District

Reading

Listing ID

PABK2073522

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Interior Features

Bedrooms and Bathrooms
  • ▪ Bedrooms:2
Air Cond:Window Unit(s)
Fireplaces:
Floor:Laminated
Above Ground Sq Ft:1080
Basement:Full,Rear Entrance,Unfinished
Water:Public

Exterior Features

Lot:Not New Construction,Horse Property: No
Garage Capacity:2
Zoning:RES
Roof:Asphalt,Rubber
Sewer:Public Sewer
Parking Features:Garage - Rear Entry,Attached Garage,2+ Spaces,1+ Spaces
Principal Interest
$918
Taxes
$84

Home Price

$170,000

Loan Details

30 yrs
7.148%

Down Payment

20%
$34,000
All calculations are estimates and provided by Blueroof360. Today’s Rates provided by Blueroof360. Information and interactive calculators are made available to you only as self-help tools for your independent use and are not intended to provide investment or tax advice. We cannot and do not guarantee their applicability or accuracy in regards to your individual circumstances. All examples are hypothetical and are for illustrative purposes. We encourage you to seek personalized advice from qualified professionals regarding all personal finance issues.
Monthly Price:
$918.37

Principal

Taxes

Principal Taxes HOA Total
Monthly $918.37 $84.17 $0.00 $1,002.54
Yearly $11,020.43 $1,010.00 $0.00 $12,030.43
Total $330,612.99 $30,300.00 $0.00 $360,912.99
Lender profile image
Chico Gordy
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Market insight data is pulled from the same city as the listing being viewed (Reading, PA).

The schools listed are within a 2-mile radius of the property; however, attendance is not guaranteed. Please contact the local school district to confirm zoning and enrollment options.

Information provided by Bright MLS, and is deemed reliable but not guaranteed accurate.

IDX service by Blueroof 360

Data last updated: 2026-11-13T23:12:42.000Z

© 2026 Bright MLS