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$175,000 Just Listed

  • For Sale
  • Active
  • Townhouse
  • 1,080 Sq. Ft.
  • 2 Car Garage
  • Updated 1 day ago
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Currently professionally managed and ready for its next owner, this duplex is an ideal opportunity for both investors and owner-occupants alike. The property features two 1-bedroom units with a flexible setup. Move into the vacant, freshly remodeled first-floor unit while collecting $850/month from your already-tenanted second-floor neighbor, or simply add both units to your rental portfolio and let the property manager handle the rest. Projected first-floor rental income: $875/month. Each unit is separately metered, so tenants pay their own heat and electric bills, keeping your out-of-pocket expenses to a minimum. Both units are in good condition, and both electric water heaters were replaced in 2024. The property also benefits from very low taxes, making the cash flow picture even more attractive. Out back, you'll find a 2-car garage that, while currently without a door, represents a straightforward value-add opportunity - install a garage door and increase both the property's value and its income potential. There is also additional 2-car parking space in the front of the garage.

Full Property Details for 120 W Elm St

General

  • Price: $175,000
  • Taxes: $1,010 (2024)
  • Status: Active
  • Type: Townhouse
  • Source: BrightMLSPhilly
  • MLS ID: PABK2073522
  • Updated: 8/19/2026
  • Added to Site: 4 day(s) ago

Interior

  • Flooring: Laminated

Parking

  • Garage: Yes
  • Garage Spaces: 2
  • Total Spaces: 2
  • Parking Type: Attached Garage
  • Garage Description: Garage - Rear Entry

Location

  • Area: Reading City (10201)
  • Municipality: READING CITY
  • County: BERKS
  • Driving Directions: From Schuylkill Ave, turn left onto W Elm St. Property will be on the right.

School Information

  • School District: Reading

Heating & Cooling

  • Cooling Type: Window Unit(s)
  • Cooling Fuel: Electric
  • Heating Type: Baseboard - Electric
  • Heating Fuel: Electric
  • Water Heater: Electric

Utilities

  • Sewer: Public Sewer
  • Water: Public

Structural Information

  • Architectural Style: Traditional
  • Structure Type: End of Row/Townhouse
  • Construction: Brick
  • Basement: Yes
  • Basement Entrance: Yes
  • Basement Desc.: Full, Rear Entrance, Unfinished
  • Foundation: Stone
  • Roof: Asphalt, Rubber
  • Square Feet: 1,080
  • Sq. Ft. Source: Estimated
  • Living Area: 1,080 Sq. Ft.
  • Finished Above Grnd: 1,080 Sq. Ft.
  • Year Built: 1910
  • Year Built Source: Estimated

Lot Features

  • Lot Size (Acres): 0.04
  • Lot Size (Sq. Ft.): 1,742
  • Lot Size Source: Estimated
  • Zoning: RES

Financial Considerations

  • Price Per Sq. Ft.: $162.04
  • Assessment Year: 2025
  • School Tax: $402
  • City/TownTax: $406
  • City/TownTax Freq: Annually
  • County Tax: $202
  • County Tax Freq: Annually
  • Tax w/Assessment: $22,400
  • Tax Amount: $1,010
  • Tax Year: 2024

Disclosures and Reports

  • Ownership: Fee Simple
  • Lot Number: 5703

Listed by Iron Valley Real Estate of Berks, MOUNA TABAT

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Listing agent

— 120 W Elm St —

  • MOUNA TABAT

    Iron Valley Real Estate of Berks

Listing Office Email: admin@ironvalleyrealestateofberks.com

Get Pre-Approved Today

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Schools serving 120 W Elm St

School District:Reading School District
NameGradesDistance
Lauers Park El School
251 North 2nd Street, Reading, PA 19601
PK-40.2 mi
Southwest Ms
300 Chestnut Street, Reading, PA 19602
5-80.6 mi
Reading Senior High School
801 North 13th Street, Reading, PA 19604
9-121.4 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 120 W Elm St Get Price Alerts and Save Property

Date
Details
Price
Change
Source
8/19/2026
Listed
$175,000
84.21%
MLS
4/11/2024
Sold
$95,000
—
Public Record
Get Price Alerts and Save Property
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Tax History for 120 W Elm St

Year
Property Taxes
Change
Tax Assessment
Change
2026
$632
4%
$22,400
—
2025
$608
3%
$22,400
—
2024
$593
-39%
$22,400
—
2023
$979
—
$22,400
—
2022
$979
—
$22,400
—
2021
$979
1%
$22,400
—
2020
$969
—
$22,400
—
2019
$969
—
$22,400
—
2018
$969
1%
$22,400
—
2017
$963
1%
$22,400
—
2016
$951
5%
$22,400
—
2015
$907
1%
$22,400
—
2014
$896
—
$22,400
—
View All
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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*These costs are estimates, and the interest rates assume exceptional credit standing.

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with our affiliated lender
NMLS#: 1598647

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Listed by Iron Valley Real Estate of Berks, MOUNA TABAT

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120 W Elm Street, Reading, PA 19601 (MLS# PABK2073522) is a Townhouse property with 0 bedrooms and 0 full bathrooms. 120 W Elm Street is currently listed for $175,000 and was received on August 19, 2026. Want to learn more about 120 W Elm 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.

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