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sales rep | Brivity IDX

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500 N 10th St , Reading, PA 19604
$375,000
Est. Payment: $2,025.81/mo
7 Bed
0.05 Acres
Status: active | Days on site: 6
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CBSLCT-W - 3318852
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House Description

BACK ON THE MARKET! **One buyer's loss could be your gain! Don't miss your second chance to make this profitable property yours. Schedule your showing today!** Investor opportunity with strong income potential! This fully renovated 3-unit property is ready to start producing and offers flexibility for the next owner, with the option to purchase vacant or rented depending on preference. The first floor features two separate 2-bedroom, 1-bath units, each with its own private exterior entrance and exit. Both units have been renovated and are currently positioned at $1,300 per month each. Separate electric and water meters help keep owner-paid expenses to a minimum. The third unit offers additional flexibility and income potential. It is currently being rented by the room at $800 per room, with a shared kitchen and bathroom and the owner paying electric and gas. Alternatively, the space can be rented as a traditional 3-bedroom, 1-bath unit for approximately $1,800 per month and includes access to a second-floor patio. With separate meters for all units, updated interiors, multiple rental strategies, and off-street parking for two vehicles, this property is set up for an investor looking to add a turnkey multifamily asset to their portfolio. At projected rents of approximately $5,000 per month, the property offers excellent income potential from day one. Whether you're looking for traditional long-term rentals or a combination of unit and room rentals, this property gives the next owner options to maximize its return.

Highlights

Listed by Nicole Lee Kennedy , 6102237359 Coldwell Banker Realty , 6103739900. Bright MLS

Property Type

Multi-Family

Lot/Acreage
0.05

Year Built

1910

County

Berks

Area

Reading City (10201)

School District

Reading

Listing ID

PABK2077284

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Interior Features

Bedrooms and Bathrooms
  • ▪ Bedrooms:7
Floor:Luxury Vinyl Plank
Water:Public

Exterior Features

Lot:Not New Construction,Horse Property: No
Lot Dimensions:0.00 x 0.00
Garage Capacity:2
Zoning:RESIDENTIAL
Sewer:Public Sewer
Parking Features:Gravel Driveway,Off Street,2+ Spaces,1+ Spaces
Principal Interest
$2,026
Taxes
$95

Home Price

$375,000

Loan Details

30 yrs
7.148%

Down Payment

20%
$75,000
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:
$2,025.81

Principal

Taxes

Principal Taxes HOA Total
Monthly $2,025.81 $95.00 $0.00 $2,120.81
Yearly $24,309.78 $1,140.00 $0.00 $25,449.78
Total $729,293.37 $34,200.00 $0.00 $763,493.37
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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