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1038 Walnut St, Reading, PA 19601

Reading
Local realty services provided by:CENTURY 21 Alliance
1038 Walnut St,Reading, PA 19601
$299,900
  • 4 Beds
  • 3 Baths
  • 1,355 sq. ft.
  • Townhouse
  • Pending
Listed by: jorge diaz jr.
Office: light house realtors, llc.
MLS#:PABK2073908
Source:BRIGHTMLS

Price summary

  • Price:$299,900
  • Price per sq. ft.:$221.33

About this home

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!

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Home facts

  • Year built:1900
  • Subdivision & Development:READING
  • Listing ID #:PABK2073908
  • Added:91 day(s) ago
  • Updated:September 19, 2026 at 07:52 AM

Rooms and interior

  • Bedrooms:4
  • Total bathrooms:3
  • Full bathrooms:3
  • Basement:Yes
  • Living area:1,355 sq. ft.

Heating and cooling

  • Heating:Forced Air, Natural Gas

Structure and exterior

  • Year built:1900
  • Building area:1,355 sq. ft.
  • Lot area:0.03 Acres
  • Construction Materials:Aluminum Siding, Vinyl Siding
  • Levels:3 Story

Utilities

  • Water:Public
  • Sewer:Public Sewer

Finances and disclosures

  • Price:$299,900
  • Price per sq. ft.:$221.33
  • Tax amount:$1,348 (2025)

Parking

  • Parking description:On Street

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