1038 Walnut Street, READING, PA 19601 (MLS # PABK2073908)
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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 rear studio unit is vacant, recently updated, and has a projected rent of approximately $1,100/month. The spacious vacant 2-bedroom second-floor unit offers gas boiler heat and electric hot water. The property includes four separate utility meters, providing ease of management and tenant utility responsibility. Ideal for investors or owner-occupants looking to generate strong rental income. Schedule a showing!
| DAYS ON MARKET | 0 | LAST UPDATED | 6/29/2026 |
|---|---|---|---|
| TRACT | READING | YEAR BUILT | 1900 |
| COMMUNITY | Reading City (10201) | COUNTY | BERKS |
| STATUS | Active | PROPERTY TYPE(S) | Condo/Townhouse/Co-Op |
| School District | READING |
|---|
| PRICE HISTORY | |
| Prior to Jun 29, '26 | $325,000 |
|---|---|
| Jun 29, '26 - Today | $324,500 |
| ADDITIONAL DETAILS | |
| AIR | None |
|---|---|
| APPLIANCES | Gas Water Heater |
| AREA | Reading City (10201) |
| BASEMENT | Other, Yes |
| CONSTRUCTION | Aluminum Siding, Vinyl Siding |
| HEAT | Forced Air, Natural Gas |
| LOT | 1307 sq ft |
| LOT DIMENSIONS | 0.00 x 0.00 |
| PARKING | On Street |
| POOL DESCRIPTION | None |
| SEWER | Public Sewer |
| STORIES | 3+ |
| STYLE | Other |
| SUBDIVISION | READING |
| TAXES | 1348 |
| WATER | Public |
MORTGAGE CALCULATOR
TOTAL MONTHLY PAYMENT
0
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*Estimate only
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Listing provided by Light House Realtors, LLC
Listing information is deemed reliable, but not guaranteed.
This IDX solution is (c) Diverse Solutions 2026.