383 Schuylkill Avenue Reading, PA 19601
Listing Courtesy of: BRIGHT IDX / Wyomissing / Angela Tolosky

  383 Schuylkill Avenue Reading, PA 19601

Active (3 Days)
$479,900

Description

Prime Investment Opportunity: Mixed-Use Corner Building with Commercial & Residential IncomeDiscover an exceptional investment opportunity with this meticulously maintained, four-unit corner building, boasting over 5,000 square feet of versatile space. Perfectly situated for maximum visibility and accessibility, this property offers a compelling blend of established commercial presence and fully rented residential income, making it an ideal acquisition for savvy investors.The expansive first floor features a prominent commercial storefront, previously operating as a successful daycare facility. This versatile space is ready for a new business venture, offering ample room for retail, office, or service-oriented enterprises. Adding significant value, the commercial unit also includes two dedicated offices conveniently located on the second floor, providing excellent administrative or private workspace solutions. Projected Rent: $2500 per month.The upper floors are thoughtfully designed to maximize residential appeal and income. The second floor unit (Unit #1) is a spacious living room/dining room combination, a well-appointed kitchen, a full bathroom, and two bedrooms, renting for $1,100 per month. Ascend to the third floor (Unit #2) with a similar layout to unit 1 with a living room/dining combo, kitchen, 2 bedrooms and 1 full bath, renting for $975.00 per month. Also on the third floor (Unit #3) is this unique unit which is characterized by its open 1-bedroom loft design and an abundance of natural light. This unit offers a contemporary living experience renting for $900.00 per month.All residential units are currently fully rented, providing an immediate and stable income for the new owner from day one.This property represents a rare chance to acquire a turn-key investment with significant upside potential. Don't miss the opportunity to add this income-generating asset to your portfolio.Contact us today to schedule a private showing and explore the full potential of this exceptional property!

MLS #:
PABK2060504
Taxes
$4,841(2025)
Lot Size
2,178 SQFT
Type
Multifamily
Year Built
1995
Style
Traditional
School District
Reading
County
Berks County

Listed By

Angela Tolosky, Wyomissing
Source
BRIGHT IDX
Last checked Jul 31 2025 at 12:11 PM GMT+0000
Bathroom Details
Property Features
  • Above Grade
  • Below Grade
  • Foundation: Concrete Perimeter
Heating and Cooling
  • Forced Air
  • Central A/C
Basement Information
  • Full
Exterior Features
  • Brick
Utility Information
  • Sewer: Public Sewer
  • Fuel: Natural Gas
Living Area
  • 5,100 sqft
Location
   
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Disclaimer: Copyright 2025 Bright MLS IDX. All rights reserved. This information is deemed reliable, but not guaranteed. The information being provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated 7/31/25 05:11