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$449,777
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Property Description
Attention Investors!! Turnkey opportunity in the City of Reading. Three residential units fully rented. Unit 1 is a 1 bedroom unit with electric heat, tenant pays electric. Unit 2 is a 1 bedroom efficiency with electric heat, landlord pays electric. Unit 3 is a 3 bedroom apartment, living room and kitchen with electric heat, tenant pays the electric. All apartments recently remodeled, accessed from 11th street side of the building and are located on the 2nd floor. On the lower level, there is a mixed use space recently remodeled, containing two half baths with entrances from 11th street and the corner of the building at 11th and Chestnut This possible commercial space is awaiting new tenants. At the rear of the property, there are 2 separated garage spaces, one currently occupied and the other currently vacant. The property includes a coin laundry area for tenant use along with a vending machine and small office space.
Full Property Details
Full Property Details for 1101 Chestnut St
General
- Sold For: $449,777
- Taxes: $1,809 (2025)
- Status: Closed
- Type: Townhouse
- Source: BrightMLSPhilly
- MLS ID: PABK2074064
- Added to Site: 27 day(s) ago
Rental Information
- Lease Info: Long Term
Interior
- Interior Features: Other
- Flooring: Laminate Plank, Ceramic Tile
Additional Information
- Security/Safety: Exterior Cameras
Exterior
- Exterior Features: Sidewalks, Secure Storage
Parking
- Garage: Yes
- Garage Spaces: 2
- Total Spaces: 2
- Parking Type: Attached Garage, On Street
- Garage Description: Additional Storage Area
Location
- Area: Reading City (10201)
- Municipality: READING CITY
- County: BERKS
- Cross Streets: South 11Th
- Driving Directions: Use GPS
School Information
- School District: Reading
Heating & Cooling
- Cooling Type: None
- Heating Type: Baseboard - Electric, Radiator
- Heating Fuel: Electric, Natural Gas
- Water Heater: Electric
Utilities
- Sewer: Public Sewer
- Water: Public
Structural Information
- Architectural Style: Other
- Structure Type: End of Row/Townhouse
- Construction: Brick, Stucco
- Basement: Yes
- Basement Desc.: Unfinished
- Foundation: Other
- Roof: Rubber
- Walls/Ceilings: Dry Wall
- Sq. Ft. Source: Assessor
- Year Built: 1900
- Year Built Source: Estimated
- Property Condition: Good
Unit Information
- Other Units: Unit 1, Unit 2, Unit 4, Unit 3
Lot Features
- Lot Size (Acres): 0.05
- Lot Size (Sq. Ft.): 2,178
- Lot Size Source: Assessor
- Zoning: COMMERCIAL MIXED USE
- Lot Description: Corner
Financial Considerations
- Assessment Year: 2026
- School Tax: $703
- City/TownTax: $753
- City/TownTax Freq: Annually
- County Tax: $353
- County Tax Freq: Annually
- Tax w/Assessment: $39,200
- Tax Amount: $1,809
- Tax Year: 2025
- Terms: Standard Sale
- Owner Pays: Electricity, Gas, Sewer, Taxes - Real Estate, Water
Disclosures and Reports
- Ownership: Fee Simple
- Inclusions: Washers, dryers, commercial cooler
- Lot Number: 1144
Listed by RE/MAX Of Reading, Matt Meitzler and RE/MAX Of Reading, Jeroen Harmsen
Sold by United Real Estate Strive 212, Gabriel Duran
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Schools
Schools serving 1101 Chestnut St
School District:Reading School District
| Name | Grades | Distance |
|---|---|---|
Southern Middle School, Reading, PA 931 Chestnut Street, Reading, PA 19602 | 5-8 | 0.1 mi |
Amanda E Stout Elementary School 321 South 10th Street, Reading, PA 19602 | PK-4 | 0.2 mi |
Reading Senior High School 801 North 13th Street, Reading, PA 19604 | 9-12 | 1.1 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 1101 Chestnut St
Date
Details
Price
Change
Source
8/21/2026
Sold
$449,777
—
MLS
7/31/2026
Listed
$449,777
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
1101 Chestnut Street, Reading, PA 19602 (MLS# PABK2074064) is a Townhouse property that was sold at $449,777 on August 21, 2026. Want to learn more about 1101 Chestnut Street? Do you have questions about finding other Townhouse real estate for sale in Reading? You can browse all Reading real estate or contact a Coldwell Banker agent to request more information.

