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1038 Walnut St, Reading, PA 19601

Reading
Local realty services provided by:CENTURY 21 Harbor Realty
1038 Walnut St,Reading, PA 19601
$299,900
  • 4 Beds
  • - Baths
  • 1,355 sq. ft.
  • Multi-family
  • Active
Listed by: jorge diaz jr.
Office: light house realtors, llc.
MLS#:PABK2075680
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 vacant 1-bedroom unit, 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 $900/month. The 2nd floor host a spacious (occupied) 2-bedroom unit, offers gas boiler heat and electric hot water. They are month to month, paying $1200. 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 #:PABK2075680
  • Added:76 day(s) ago
  • Updated:October 08, 2026 at 01:37 PM

Rooms and interior

  • Bedrooms:4
  • Basement:Yes
  • Living area:1,355 sq. ft.

Heating and cooling

  • Heating:Baseboard - Electric, Natural Gas, Radiator

Structure and exterior

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

Schools

  • High school:READING SENIOR

Utilities

  • Water:Public
  • Sewer:Public Sewer

Finances and disclosures

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

Features and amenities

  • Amenities:100 Amp Service, Natural Gas Available

Parking

  • Parking description:On Street

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