332 FRANKLIN ST Active Save Request In-Person Tour Request Virtual Tour
West Reading,PA 19611
Key Details
Property Type Multi-Family, Townhouse
Sub Type Interior Row/Townhouse
Listing Status Active
Purchase Type For Sale
Square Footage 1,704 sqft
Price per Sqft $174
MLS Listing ID PABK2059620
Style Traditional
Abv Grd Liv Area 1,454
Year Built 1920
Annual Tax Amount $3,500
Tax Year 2025
Lot Size 1,742 Sqft
Acres 0.04
Lot Dimensions 0.00 x 0.00
Property Sub-Type Interior Row/Townhouse
Source BRIGHT
Property Description
Fantastic opportunity to own a high-yield and multi-unit rental property (9% cap rate) in the heart of West Reading Borough (Wyomissing Area School District)! You can rent both units or live-in-one, rent-the-other.
Unit One has 1 bedroom, 1 bathroom, a spacious living room and kitchen. The unit has had a reliable, long-term tenant on a month-to-month lease for the past five years. Unit Two has 2 bedrooms (second bedroom on the 3rd fl), 1 bathroom, a spacious living room and a large kitchen. It just became vacant in July. The walkout basement has another room for office or storage, a half bath, and laundry room.
This well-maintained property has had a lot of recent renovations, including plumbing and electricity update and replacement windows. Unit One was thoroughly renovated 5 years ago. Unit Two was renovated 2 years ago. Roof, siding, and water heaters were replaced just 2 years ago.
This property is ideally located within walking distance to West Reading's vibrant shops, restaurants, bars, parks, library, museum, and Reading Hospital. Whether you're an investor or looking for a multi-family home with income potential, this is a must-see! Schedule today, this one won't last.
Location
State PA
County Berks
Area West Reading Boro (10293)
Zoning RES
Rooms
Basement Full,Fully Finished
Interior
Hot Water Electric
Heating Baseboard - Hot Water
Cooling Window Unit(s)
Fireplace N
Heat Source Natural Gas
Exterior
Water Access N
Accessibility None
Garage N
Building
Foundation Concrete Perimeter
Sewer Public Sewer
Water Public
Architectural Style Traditional
Additional Building Above Grade,Below Grade
New Construction N
Schools
School District Wyomissing Area
Others
Tax ID 93-5306-06-29-9696
Ownership Fee Simple
SqFt Source Assessor
Special Listing Condition Standard