925 Spruce Street

READING, PA 19602

  • 4 Bed(s)
  • 1.0 Bath(s)
  • 1,314 Sqft
  • 1306
    Sqft(Lot)
$125,000

Description

Turnkey cash-flowing investment in growing reading city

seize this incredible investment opportunity in the rapidly developing reading city. this tenant-occupied, income-generating property offers immediate cash flow with a reliable tenant who pays on time, every time and takes excellent care of the home— even handling minor repairs themselves.

situated in a prime location near schools, grocery stores, and public transportation, this 4-bedroom, 1-bathroom home boasts ample square footage and strong rental demand. market rent potential is estimated at $1,750/month, including section 8 eligibility. this property is being sold with a tenant in place, subject to the terms of their lease.

with recent comparable sales (arvs) in the area ranging from approximately $165k–$185k, acquiring this property at just $125k presents significant equity upside. additionally, the tenants have expressed interest in a rent-to-own arrangement, subject to negotiation with the buyer.

don't miss out on this turnkey investment—schedule your showing today!

  • Property Type

    Residential
  • Subdivision

    Southern Reading
  • County

    BERKS
  • Style

    Traditional
  • AD ID

    48595340

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Property Details

  • Bedroom Information

    • Total Bedrooms : 4
    • Master Bedroom Level: 0
    • Total Bedroom (Upper): 4
    • Bedroom Upper Level 1: 3
    • Bedroom Upper Level 1: 1

    Bathroom Information

    • Total Baths: 1
    • Full Baths: 1

    Water/Sewer

    • Water Source : Public

    Interior Features

    • Basement Description: Unfinished

    Heating & Cooling

    • Cooling: Wall Unit
    • Heating: Hot Water
    • Cooling Fuel: None
    • Heating Fuel: Natural Gas
  • Building Information

    • Year Built: 1900
    • Structure: Interior Row/Townhouse
    • New Construction: No
    • Built: 1900
    • Construction Material: Brick
    • Foundation/Basement: Stone,Brick/Mortar
    • Architecture: Traditional
    • Pool/Private: No Pool

    Pool Information

    • Pool: No Pool

    Utility Features

    • Sewer: Public Sewer

    Water

    • Water Heat: Electric
  • Lot Information

    • Lot Size: 1,306
    • Dimensions: 0.00 x 0.00
    • Lot Size (Acres): 0.03
    • Architectural Style: Traditional
    • Main Square Feet: 1,306

    Property Information

    • SQ ft: 1,314
    • SQ ft (Living Area): 1,314
    • Total Lot SQ ft: 1,306
    • Subdivision: SOUTHERN READING
    • Financing: Cash,Conventional
    • Appx. Lot Dimensions: 0.00 x 0.00
    • Total Acreage: 0.03
    • New Construction: No
    • Type: Traditional
  • Listing Information

    • Possession: Immediate
    • Days Of Market: 6
  • Tax Information

    • Annual Tax: $1,132
    • Tax Year: 2024
    • Total Taxes Payment Frequency: Annually

    Possession

    • Immediate

    Assessment Information

    • Taxes Assessment Amount: $25,500
  • Parking Information

    • Parking Type: On Street

    Multi-Unit Information

    • Acceptable Financing: Cash,Conventional

    Homeowners Association Information

    • Direction: Use GPS
  • School Information

    • School District: READING

    Utility Information

    • Water Source: Public
    • Sewer: Public Sewer
    • Cooling Fuel: None
    • Heating Fuel: Natural Gas
    • Hot Water: Electric

    Location Information

    • Direction: Use GPS
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Data provided by Bright MLS. Property information is for the users personal, non-commercial use. Information may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties that appear on the website may no longer be for sale, and may be under contract or sold. ©2025 Bright MLS, All Rights Reserved. Information is reliable but not guaranteed.

BuyOwner last updated this listing 02/22/2025 @ 18:02

  • MLS: PABK2053580
  • LISTING PROVIDED COURTESY OF: ,
  • SOURCE: BRIGHT MLS

is a Home, with 4 bedrooms which is recently sold, it has 1,314 sqft, 1,306 sized lot, and 0 parking. are nearby neighborhoods.