316 S 8TH ST, Reading, PA 19602
316 S 8TH ST, Reading, PA 19602
316 S 8TH ST, Reading, PA 19602
316 S 8TH ST, Reading, PA 19602
316 S 8TH ST, Reading, PA 19602
316 S 8TH ST, Reading, PA 19602
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Listed by Jose Vazquez • Light House Realtors, LLC
$ 274,900
Est. payment | /mo

2,134 SqFt


Save
$ 274,900
Est. payment | /mo
Save

2,134 SqFt

Key Details

Property Type Multi-Family, Townhouse

Sub Type Interior Row/Townhouse

Listing Status Active

Purchase Type For Sale

Square Footage 2,134 sqft

Price per Sqft $128

MLS Listing ID PABK2071194

Style Traditional

Abv Grd Liv Area 2,134

Year Built 1900

Annual Tax Amount $1,232

Tax Year 2025

Lot Size 1,306 Sqft

Acres 0.03

Lot Dimensions 0.00 x 0.00

Property Sub-Type Interior Row/Townhouse

Source BRIGHT

Property Description

Investors and house hackers — the math on this one just got better. We pulled 316 S 8th Street off-market briefly to rehab every unit to rent-ready, and we dropped the price $25K to $274,900. So you're now buying a turnkey, fully vacant 4-unit in one of PA's most renter-hungry markets — 60% of households rent, studios are pulling $875–$1,100/mo and 2-bedrooms are pushing $1,200–$1,500+.

Run the numbers: rent-ready from day one means no rehab lift and no lag to cash flow. Lease all four at market for a gross rent roll of $3,825–$4,800+/mo — roughly $45K–$57K a year against a $274,900 buy.

Every unit has its own separate electric heat and each tenant pays their own utilities, so operating expenses stay lean and net income stays fat. No utility bills eating your returns.

Still maximum flexibility: stack all four for income, or move into the 2-bedroom and let three tenants cover your mortgage while you build equity. And because it's delivered vacant, there are no inherited leases and no inherited headaches — you price every unit at today's market the day you close. Demand in this market isn't slowing.

Clean turnkey rental play, rent-ready, priced to move at $274,900. Offers due Friday, July 4th — call or text now to schedule your showing and get the full unit-by-unit numbers. Bring proof of funds or pre-approval with your offer.

Location

State PA

County Berks

Area Reading City (10201)

Zoning RESIDENTIAL

Interior

Hot Water Electric

Heating Baseboard - Electric

Cooling None

Fireplace N

Heat Source Electric

Exterior

Utilities Available Electric Available

Water Access N

Accessibility None

Garage N

Building

Foundation Brick/Mortar

Above Ground Finished SqFt 2134

Sewer Public Sewer

Water Public

Architectural Style Traditional

Additional Building Above Grade, Below Grade

New Construction N

Schools

School District Reading

Others

Tax ID 02-5306-36-98-4308

Ownership Fee Simple

SqFt Source 2134

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Financing Cash,Conventional

Special Listing Condition Standard

Bright MLS (BMLS)

Nearby Locations

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316 S 8TH ST