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Asking Price - $229,900
Days on Market - 7
113 W Oley Street
Reading, PA 19601
Featured Agent
EveryHome Agent
Asking Price
$229,900
Days on Market
7
# of Units
2
1 Bdrm Units
1
3 Bdrm Units
1
Acres
0.03
Interior SqFt
1,663
Age
131
Heating
Electric
Cooling
Window Unit(s)
Water
Public
Sewer
Public
Garages
1
Taxes (2026)
1,389
Additional Details Below
EveryHome Agent
Views: 21
Featured Agent
EveryHome Realtor
Description
Welcome to 113 W Oley Street, a solid income-producing multi-unit property located in the heart of Reading. This well-maintained 2-unit building offers strong cash flow and a 9.6% cap rate, making it an ideal addition to any investor’s portfolio The property features two residential units: * Unit 1: 1 bedroom, 1 bathroom — currently rented at $850/month (month-to-month lease) * Unit 2: 3 bedrooms, 1 bathroom — currently rented at $1,200/month (month-to-month lease) In addition to the residential income, the property includes a detached garage in the rear, currently leased for an additional $75/month, providing extra revenue. Tenants pay their own heat and electricity, helping keep operating expenses low. The owner is only responsible for water, sewer, and trash, making this a highly efficient and easy-to-manage investment. With strong existing rents, flexible month-to-month leases, and immediate cash flow from day one, this property presents a great opportunity for both seasoned investors and those looking to get started in real estate investing. Don’t miss your chance to secure a high-performing asset in a growing market—schedule your showing today!
Location
Driving Directions
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Listing Details
Summary
Architectural Type
•Traditional
Garage(s)
•Garage - Rear Entry, Oversized
Interior Features
Basement
•Full, Concrete Perimeter
Utilities
Heating
•Baseboard - Electric, Electric
Miscellaneous
Lattitude : 40.346350
Longitude : -75.935800
MLS# : PABK2071162
Views : 21
Listing Courtesy: Joe Colon of Coldwell Banker Realty
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Notes
Page: © 2026 EveryHome, Realtors, All Rights Reserved.
The data relating to real estate for sale on this website appears in part through the BRIGHT Internet Data Exchange program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms, and is provided by BRIGHT through a licensing agreement. Listing information is from various brokers who participate in the Bright MLS IDX program and not all listings may be visible on the site. The property information being provided on or through the website is for the personal, non-commercial use of consumers and such information may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale on the website may no longer be available because they are for instance, under contract, sold or are no longer being offered for sale. Property information displayed is deemed reliable but is not guaranteed. Copyright 2026 Bright MLS, Inc.
Presentation: © 2026 EveryHome, Realtors, All Rights Reserved. EveryHome is licensed by the Pennsylvania Real Estate Commission - License RB066839
Real estate listings held by brokerage firms other than EveryHome are marked with the IDX icon and detailed information about each listing includes the name of the listing broker.
The information provided by this website is for the personal, non-commercial use of consumers and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Some properties which appear for sale on this website may no longer be available because they are under contract, have sold or are no longer being offered for sale.
Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. For information on those properties withheld from the internet, please call 215-699-5555
