My Listings

Some or all of the listings below are provided by the Wyomissing office.
$449,999 (USD)
Active

Reading Area Multi-Family Home

Active

128-130 Elm Street Reading, PA 19601

Bed
0 Baths
3994 sqft
MLS# PABK2079922
Income-Producing Multifamily Investment with Value-Add Potential in the Heart of Reading!Don't miss this exciting investment opportunity at 128 and 130 Elm Street, Reading, PA 19601! This end-row multifamily property features four residential units in an R-3 zoning district, along with additional income potential from individually rented parking spaces. Already generating rental income, this property offers investors the opportunity to build on an existing income stream while adding value through improvements and some needed TLC.The property consists of four 2-bedroom apartments, one studio. Current rents include $1,200 per month for each 2-bedroom unit, $900 for the studio, and $1,300 for one of the 2- Spacious bedroom apartment. One 2-bedroom unit is currently vacant, offering an immediate opportunity for a new owner to lease the unit and increase rental income. Additional revenue is generated through separately rented parking spaces.The property annual gross income of $73,200, with annual operating expenses of approximately $19,726, including real estate taxes 2,266 insurance 2,500, WSTR 6000, permits 200, Owner electricity,1,440 and property management 10%. Based on these figures, the reported net operating income (NOI) is $53,474, representing an approximate 11% cap rate.While some areas of the property would benefit from updates and improvements, this presents an excellent opportunity for investors looking to unlock additional value, enhance the property's appeal, and potentially improve future rental performance. Whether you're an experienced investor seeking to expand your portfolio or looking for your next value-add project, this property offers a combination of existing cash flow and future upside.Conveniently located near downtown Reading, public transportation, shopping, restaurants, and everyday amenities, this multifamily investment offers multiple income streams, additional rental potential, and the opportunity to make your mark in a growing investment portfolio.Bring your vision, explore the possibilities, and turn this income-producing property into an even stronger investment! Schedule your showing today!
Listing Courtesy of BRIGHT IDX / Listed By: Johanna Castaneda, Coldwell Banker Realty
$399,000 (USD)
Active

Kutztown Area Residential Home

Active

820 Noble Street Kutztown, PA 19530

3 Bed
2 Baths
1408 sqft
MLS# PABK2079908
Well-maintained 3-bedroom, 2-full-bath home situated on a beautifully landscaped one-acre lot! This property has so much to offer, both inside and out!The home features a spacious two-car attached garage equipped with a pellet stove and approximately one year's supply of pellets. A large 30.5' x 14.5' rear deck providing the perfect setting for outdoor entertaining, relaxing or simply enjoying a nice day or evening. A charming front porch adds to the home's welcoming appeal.For those needing additional storage or workspace, the property includes 2 generously sized sheds. The driveway offers plenty of additional parking, while a backup generator located on the rear deck provides added peace of mind. An on-site gas tank and pump next to the garage offer convenient fueling for lawn equipment and other vehicles.A very unique feature is the basement's private exterior entrance. Previously used as a small hair salon, this space offers multiple possibilities for a home office, hobby area, workshop or another use to suit your needs.Recent improvements include a newer metal roof, updated windows and many additional upgrades throughout the home and property.There is an impressive list of items included in the sale which includes a Kubota GR2020 lawn tractor with bagger and snow blade, refrigerator, washer, dryer, dining room table and chairs, dining room hutch, pellet stove with remaining pellets, workbench, backup generator, both storage sheds, stereo, safe, window treatments and some wall decor.Beautiful ground, generous outdoor space, numerous improvements and an extensive list of included items, this property presents an outstanding opportunity for buyers seeking comfort, convenience, and exceptional value.
Listing Courtesy of BRIGHT IDX / Listed By: Martin Yourkavitch, Coldwell Banker Realty
$379,999 (USD)
Pending

Reading Area Multi-Family Home

Pending

115 Windsor Street Reading, PA 19601

Bed
0 Baths
3402 sqft
MLS# PABK2079926
Income-Producing Investment Opportunity with Value-Add Potential in Reading, PA!Don't miss this fantastic opportunity to own a 4-unit semi-detached multifamily property at 115 Windsor Street, Reading, PA 19601! Ideally located in a convenient area, this property is already generating rental income and offers an excellent opportunity for investors looking to expand their portfolios or enter the multifamily market.Featuring four separate residential units, the property offers a desirable mix of two 1-bedroom apartments, two 3-bedroom apartments. Current monthly rents include $900 and $850 for each 1-bedroom unit, $1,000 and $1250 for each 3 -bedroom units, The one 3-bedroom unit is currently vacant and in need of renovation, creating an exciting value-add opportunity for a new owner to complete improvements, bring the unit back to its full potential, and increase rental income.With existing income already in place and some TLC needed, this property offers the best of both worlds: current cash flow and the opportunity to create additional value through strategic renovations and improvements. Investors can build on the property's existing rental performance while exploring ways to enhance its appeal, maximize its income potential, and strengthen its long-term investment value.The property annual gross income of $48,000 and annual operating expenses of approximately $14,747, including real estate taxes 3.047, insurance 2000, WSTR 3,600, permits 100, Owner electricity 1200, and property management 10%. Based on these figures, the reported net operating income (NOI) is $33,259, representing an approximate 9% cap rate.Conveniently located 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. Whether you're looking to add another income-producing asset to your portfolio or take on a value-add project with the potential to improve future returns, 115 Windsor Street is an opportunity to invest, renovate, and unlock additional value!Schedule your showing today and explore the possibilities this investment property has to offer.
Listing Courtesy of BRIGHT IDX / Listed By: Johanna Castaneda, Coldwell Banker Realty
$359,900 (USD)
Pending

Bernville Area Residential Home

Pending

3913 Irish Creek Road Bernville, PA 19506

4 Bed
3 Baths
2034 sqft
MLS# PABK2079596
Enjoy the peace and charm of a rural setting at this beautifully updated ranch home on Irish Creek Road! Offering 3 bedrooms and 2 fully updated bathrooms on the main level, plus a finished walkout basement with a 4th bedroom, recreation room, and wet bar, this home offers plenty of space to spread out, entertain, and enjoy.Step inside to find new LVP flooring, beautifully updated bathrooms with tile showers, and inviting living spaces. The outdoor living areas are just as impressive, featuring a stunning covered front porch with GenStone accents and exposed beams, perfect for relaxing and taking in the surroundings. A large enclosed, covered porch off the main level provides additional space to enjoy throughout the seasons, while the lower-level covered porch and additional patio offer even more options for entertaining or unwinding.The walkout basement provides excellent flexibility, whether you need additional living space, a guest retreat, or room for hobbies and recreation. Outside, enjoy beautifully maintained landscaping, a peaceful stream flowing along the rear of the property, and two storage sheds, including a larger building with a garage door and space to accommodate a vehicle. Expanded driveway parking adds convenience for multiple vehicles and guests.Other updates include a metal roof and gutter guards installed in 2023, along with a generator hookup for added convenience.With updated living spaces, a finished walkout basement, multiple outdoor entertaining areas, and nearly 1.5 acres to enjoy, this home offers plenty of room to spread out in a quiet country setting.Professional Photos Coming 10/15!!!
Listing Courtesy of BRIGHT IDX / Listed By: Aaron Clouser, Coldwell Banker Realty