Savvy investors and house hackers — this is the one you've been waiting for. This fully vacant 4-unit at 316 S 8th Street is a blank canvas sitting in one of Pennsylvania's most renter-hungry markets, where 60% of households rent and studios are commanding $1,000–$1,100/mo with 2-bedrooms pushing $1,600–$1,700+ in today's market. Do the math: a light cosmetic refresh — fresh floors, clean walls — and you're looking at a potential gross monthly rent roll of $4,200–$4,500+. Here's where it gets even better — every unit has its own separate electric heat and each tenant pays their own utilities, meaning your operating expenses stay lean and your net income stays fat. No utility bills eating into your returns. A true investor's dream structure. Maximum flexibility too: rent all four and stack income, or move into the 2-bedroom, let your three tenants cover your mortgage AND put cash in your pocket every single month — live for free while building real wealth. The vacancy isn't a problem — it's your power. Every unit is yours to price at peak market rates from day one, no inherited leases, no inherited headaches, just pure upside. In a city where rents have risen nearly 2% year-over-year and demand never sleeps, hesitation is the only mistake you can make. First mover wins here — schedule your showing now before the next investor does.
Listed By
Agency Name: Light House Realtors, LLC
Agency Phone: 4842730056
Shown By
Agency Title: Real Estate Excel, The Baringer Group, Ltd.
Agency Phone: 215-536-9550
Estimated Payment
$ 857.58 per month $667.45 Principal & Interest $102.67 Property Tax $87.47 Homeowner's Insurance
316 S 8th Street | MLS# PABK2071194
This multi-family property located at 316 S 8th Street, Reading, PA 19602 is currently listed for sale with an asking price of $299,900. S 8th Street is located within the READING school district. Search Reading real estate on www.reexcelpros.com today.