2311 Penn Avenue Reading, PA $ 650,000
2311 Penn Avenue
$ 650,000
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2311 Penn Avenue

Reading, PA, 19609
$ 650,000
Bedrooms5 Baths0.0

Monthly Estimate*

$ 4,002

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Multi-Family Home for sale in Reading, PA

for $650,000 with 5 bedrooms. This home was built in 1920 on a lot size of 0.06.

Attention investors! 2 Parcels, on one deed, Detached 3 UNIT and WAREHOUSE. Beautiful well-maintained, multi-unit with brick and vinyl exterior. Stunning large-covered porch, newer roof. All units with separate electrical panels and water heaters. To the rear of the property is where a secured door is to enter basement with coin operated washer and dryer. The office is also located to the rear of proerty and is where you will find the security system. There are 7 cameras total for both parcels. Main floor-Unit 1 offers 2 bedrooms, 1 bath, eat-in-kitchen (patio outside kitchen entrance door), living room. Second floor-Unit 2 offers 1 bedroom, 1 bath, eat-in-kitchen, large living room (can be converted back to original, 2 rooms), Third floor-Unit 3 offers 2 bedrooms, 1 bath, eat-in-kitchen, living room. Rents can be found in documents. Second Parcel on deed is zoned commercial 80-4386-12-96-2955. Large brick warehouse, concrete flooring throughout main floor and basement level. This large building offers, an office space and half bath inside the warehouse, storage is located above main floor, 2-man doors to the north and south, wide garage door, full concrete basement with large utility sink, storge rooms, updated wiring and panel, newer rubber roof, this warehouse separate and is located to rear of property, one parking in rear, warehouse is accessibly entered through wide alley way. The warehouse is not currently rented out and could be an added source of income to the right investor!

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Multi-Family Active

Price

$ 650,000

Bedrooms

5

Property Type

Multi-Family

Taxes

$ 5,491

Style

Traditional

Lot Size

0.06

Year Built

1920

Town/City

Reading

County/Region

Berks

MLS | Web ID

PABK2072996

Features
General
Living Area 2660
Sewer Public Sewer
Heating Radiator
Cooling Window Unit(s)
Utilities Natural Gas Available Electric Available Cable TV Available
Possession Settlement
Roof Composite
Appliances Stove Refrigerator
Zoning RESIDENTIAL
Architectural Style Traditional
Security Features Smoke Detector Carbon Monoxide Detector(s) Exterior Cameras
Construction Materials Brick
School District WILSON
Year Built 1920
Property Subtype Triplex
Tax Year 2025
Ownership Fee Simple
Cool Fuel None
Municipality SPRING TWP
Gross Income 52000.00
Accessibility Doors - Swing In
County BERKS
Net Operating Income 37220.00
Operating Expense 14780.00
New Construction N
Property Type Multi-Family
Garage Y/N N
Water Access Y/N N
Other Structures Above Grade Below Grade
Status ACTIVE
Directions Heading E on Penn Ave Property is on L
City READING
Disclosures Lead Based Paint - State Prop Disclosure Other
Number Of Units Total 3
MLS Area Spring Twp (10280)
Lot Size Units Square Feet
Lot Size Square Feet 2613.00
Number of Units Leased 3
Tax Annual Amount 5491.0
Home Warranty Y/N N
Property Condition Very Good
Two Bedroom 2
Structure Type Detached
Price Per Sq Ft Total AG 244.36
Acceptable Financing Cash Conventional
Rent Control Y/N Y
Vacation Rental Y/N N
Lease Type Month to Month
Standard Status Active
Year Built Source Assessor
Tax Lot 2867
Total Actual Rent 52000.00
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Interior
Interior Amenities Bathroom - Tub Shower Ceiling Fan(s)
Heating Fuel Natural Gas
Flooring Ceramic Tile Hardwood Laminated
Hot Water Electric
Heating Y/N Y
Fireplace Y/N N
Central Air Y/N N
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Exterior
Exterior Amenities Exterior Lighting Sidewalks
Pool No Pool
Water Source Public
Inclusions Unit 1; Stove and Refrigerator Unit 2; Stove and Refrigerator Unit 3; Stove and Refrigerator Security camera system coin operated washer and dryer
Type of Parking On Street
Foundation Details Block
Water View Y/N N
Lot Dimensions 0.00 x 0.00
Lot Size Acres 0.06
Lot Size Source Assessor
Waterfront Y/N N
Land Assessed Value 24300.00
Navigable Water Y/N N
Water Oriented Y/N N
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Internal Only
Street Number 1 2311
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* Excluded Features
List By
Howard Hanna Krall Real Estate

Broker

kristiewindle@howardhanna.com

Email

Affordability Calculator

$4,460
Per Month
90%
10%
0%
Monthly Principal & Interest
$4,002
Monthly Property Taxes
$458
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
2152229 Elementary School
2152226 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
6/6/2026$650,000 Listed Price

Map


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2311 Penn Avenue, Reading, PA, 19609 is a Multi-Family Home for sale at $650,000 with a lot size of 0.06. 2311 Penn Avenue has 5 bedrooms, 0.0 baths, and was built in 1920. The property's zip code is 19609 which is in Reading, PA