- – beds
- – baths
- 2,712 sqft
- 2,613 sqft lot
- $88 per sqft
- 1920 build
Investor Alert – Turnkey 3-Unit Property with Upside Potential! Don't miss this prime opportunity to own a fully rented, income-producing triplex in the heart of Reading! 116 S 4th Street offers three units with long-term tenants in place. Current rents are below market, providing an excellent opportunity for increased cash flow through future rent adjustments. This solid brick building features spacious layouts, separate entrances for each unit. The property also includes a private backyard and basement storage, adding even more value. Conveniently located near downtown Reading, public transportation, and major commuter routes, this property is attractive to tenants and investors alike. Tenants will appreciate the convenient location just minutes from downtown, local shops, restaurants, public transportation, and Route 422 Be sure to review the projected and current market rents as you evaluate this promising investment opportunity — there's significant room for growth! Whether you’re looking to expand your portfolio or house-hack with rental income, 116 S 4th Street offers steady cash flow in an area seeing growing investor interest. Don’t miss this chance to own a multi-unit in a high-demand rental market!
Last checked:
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Last updated Jun 27, 2025
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MLS# PABK2059286 —
The Building
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Year Built:1920
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Year Built Source:Assessor
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Roof:Unknown
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New Construction:No
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Construction Materials:Brick
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Building Units Total:3
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Structure Type:Interior Row/Townhouse
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Architectural Style:Traditional
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Accessibility Features:None
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Foundation Details:Other
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Basement:Yes
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Basement Type:Full
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Building Winterized:No
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Total SqFt Source:Assessor
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Total Below Grade SqFt Source:Assessor
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Tax Total Finished SqFt:2712
Interior
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Fireplace:No
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Living Area SqFt Source:Assessor
Room Dimensions
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Total SqFt:2712
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Living Area SqFt:2,712 Sqft
Financial & Terms
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Sale Type:Standard
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Acceptable Financing:Cash, Conventional
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Possession:Settlement
Location
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Directions:422 BUS E/Penn Ave, Right onto S 2nd St, use Middle lane to turn Left onto Franklin St, Right onto S 4th, property on the Right
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Latitude:40.33322000
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Longitude:-75.93027000
The Property
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Property Type:Multi-Family
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Property Subtype:Triplex
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Lot Size Units:Square Feet
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Lot Size Acres:0.06
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Lot Size Source:Assessor
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Lot Size Dimensions:0.00 x 0.00
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Lot Dimensions Source:Assessor
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Lot Features:Level
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Lot SqFt:2,613 Sqft
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Inclusions:(1) Washer, (1) Dryer, (2) Refrigerators, (1) Freezer, (2) Stoves, (1) Dishwasher
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Exclusions:3rd Floor Refrigerator
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Zoning:R3
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Road Surface Type:Paved
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Outdoor Living Structures:Porch(es)
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Other Structures:Above Grade, Below Grade
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Waterview:No
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Waterfront:No
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Water Oriented:No
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Water Access:No
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Navigable Water:No
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Tidal Water:No
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Land Use Code:138R
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Riparian Rights:No
Listing Agent
- Contact info:
- Agent phone:
- (610) 507-3520
- Office phone:
- (610) 779-2500
Taxes
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Tax ID Number:05-5306-26-79-1492
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Tax Year:2025
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Tax Lot:1492
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Tax Annual Amount:$2,236
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Tax Assessed Value:$49,600
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Year Assessed:2025
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School Tax:889.0
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County Tax:447.00
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City/Town Tax:899.00
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Total Taxes Payment Frequency:Annually
Heating & Cooling
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Cooling Type:Window Unit(s)
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Central Air:No
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Cooling Fuel:Electric
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Heating:Yes
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Heating Type:Hot Water
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Heating Fuel:Natural Gas
Utilities
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Utilities:Electric Available, Natural Gas Available, Phone Available, Sewer Available, Water Available
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Sewer/Septic:Public Sewer
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Hot Water:Bottled Gas
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Water Source:Public
Schools
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School District Name:Reading
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School District Source:Listing Agent
The Community
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Subdivision Name:None Available
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Pool:No Pool
Parking
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Garage:No
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Type of Parking:On Street
Extra Units
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Other Units:Unit 1,Unit 2,Unit 3
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Vacation Rental:No
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One Bedroom Units:1
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Two Bedroom Units:2
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Bike Score®
Provided by WalkScore® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
Soundscore™
Provided by HowLoud
Soundscore is an overall score that accounts for traffic, airport activity, and local sources. A Soundscore rating is a number between 50 (very loud) and 100 (very quiet).
Sale history
Date | Event | Source | Price | % Change |
---|---|---|---|---|
6/27/25
Jun 27, 2025
|
Listed / Active | BRIGHT | $239,900 |