$299,900
 $1,610 est/mo Sourced by Back At You

1038 Walnut St,READING, PA 19601

READING, PA 19601

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Description

Excellent investment opportunity! Multi-Family with three residential units. The property features a tenant-occupied 1-bedroom unit currently rented for $800/month, with the tenant paying electric heat, hot water, and electric stove. The 1st floor rear studio unit is vacant, recently updated, and has a projected rent of approximately $1,100/month. The 2nd floor host a spacious vacant 2-bedroom unit, offers gas boiler heat and electric hot water. The property includes four separate utility meters, providing ease of management and tenant utility responsibility. Each tenant pays their own electric, hot water and heat. Ideal for investors or owner-occupants looking to generate strong rental income. Live in 1 for free, use the other 2 to cover the mortgage. Schedule a showing!

Details

MLS #PABK2075680
Listing TypeFor Sale
Sub-TypeResale
StatusPending-bright
Year1900
Days On Site71
Listing Provided ByLight House Realtors, LLC | Jorge Diaz Jr.

Features

SQ Feet1,355
BasementY
Units3
ZoningMULT FAMILY
Acreage0.03

Interior

CoolingNone
Heating Yes / NoYes
HeatingRadiator, Baseboard - Electric

Exterior

Construction MaterialsVinyl Siding, Aluminum Siding
Foundation DetailsOther

Parking

Garage Yes / NoNo

Utilities

UtilitiesNatural Gas Available

Taxes

Tax Annual Amount1348

Area Information

StatePA
CountyBERKS PA
CityREADING
Zip Code19601
AreaReading City (10201)
Community NameREADING
School DistrictREADING
High SchoolREADING SENIOR
Listing VS Median (in READING)
Price:
$299,900
low | high
Med:
$169,900
93.347782594198% of Average
sqft:
1,355
low | high
Med:
1,716
23.357933579336% of Average
$ / sqft:
$221
low | high
Med:
$101
100% of Average
On site:
71
low | high
Med:
49.5
100% of Average
Sourced by Back At You

Market Activity 19601

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Additional Information


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Learn More About This Property

StatePA
CountyBERKS PA
CityREADING
Zip Code19601
AreaReading City (10201)
Community NameREADING
School DistrictREADING
High SchoolREADING SENIOR
Listing VS Median (in READING)
Price:
$299,900
low | high
Med:
$169,900
93.347782594198% of Average
sqft:
1,355
low | high
Med:
1,716
23.357933579336% of Average
$ / sqft:
$221
low | high
Med:
$101
100% of Average
On site:
71
low | high
Med:
49.5
100% of Average
Sourced by Back At You
Nearby Listings (Within 1/10 mile)
Price: $224K - $374K
sqft: 1,000 - 1,500
Nearby Listings Property ImageNearby Listings Details
1038 WALNUT ST Property Photo 1
$299,900
1038 Walnut St
Reading, PA 19601
Listing Updated: September 28, 2026 at 10:31:43 PM PDT