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$575,000

  • Sold
  • Closed
  • Multi-Family
See This Home
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This investment opportunity is turn key and ready for you. A 5-unit ready to go that has only one vacancy currently. This property has been completely rehabbed with new kitchens and bathrooms, windows, paint, flooring, security door and cameras, updated electric with separate meters, and one roof has a brand new rubber roof on it. Best of all, each unit the tenants pay for their own heat and air conditioning with new mini split systems. The total rents are $73,500 per year. Expenses are roughly as follows. Insurance $1,900, repairs/maintenance $500, Sewer & Water $4,800, licenses and permits $250, electric $300, and real estate taxes. The cap rate is just under 10%, and the debt coverage ratio is 1.46% with the typical 25% down.

Full Property Details for 135 S 6th St

General

  • Sold For: $575,000
  • Taxes: $3,349 (2025)
  • Status: Closed
  • Type: Multi-Family
  • Source: BrightMLSPhilly
  • MLS ID: PABK2063510
  • Added to Site: 179 day(s) ago

Rental Information

  • Lease Info: Yearly

Interior

  • Number of Rooms: 14
  • Appliances: Oven - Single, Refrigerator
  • Flooring: Luxury Vinyl Plank

Additional Information

  • Security/Safety: Exterior Cameras, Main Entrance Lock

Exterior

  • Exterior Features: Fire Escape
  • Porch/Patio/Deck: Porch(es)

Parking

  • Parking Type: On Street

Location

  • Area: Reading City (10201)
  • Municipality: READING CITY
  • County: BERKS
  • Driving Directions: S 6th between Franklin and Chestnut

School Information

  • School District: Reading

Heating & Cooling

  • Central air: Yes
  • Cooling Type: Central A/C
  • Cooling Fuel: Electric
  • Heating Type: Radiant
  • Heating Fuel: Electric
  • Water Heater: Natural Gas

Utilities

  • Sewer: Public Sewer
  • Water: Public

Structural Information

  • Architectural Style: Traditional
  • Structure Type: Other
  • Construction: Other
  • Basement: Yes
  • Basement Entrance: Yes
  • Basement Desc.: Side Entrance
  • Roof: Asphalt, Rubber
  • Square Feet: 4,500
  • Sq. Ft. Source: Estimated
  • Living Area: 4,500 Sq. Ft.
  • Finished Above Grnd: 4,500 Sq. Ft.
  • Year Built: 1900
  • Year Built Source: Estimated
  • Property Condition: Very Good

Additional Structures

  • Other Structures: None

Lot Features

  • Lot Size (Acres): 0.07
  • Lot Size (Sq. Ft.): 3,049
  • Lot Size Source: Assessor
  • Zoning: COMMERCIAL

Financial Considerations

  • Price Per Sq. Ft.: $133.31
  • Operating Expenses: $11,749
  • Assessment Year: 2025
  • School Tax: $1,332
  • City/TownTax: $1,347
  • City/TownTax Freq: Annually
  • County Tax: $670
  • County Tax Freq: Annually
  • Tax w/Assessment: $74,300
  • Tax Amount: $3,349
  • Tax Year: 2025
  • Terms: Standard Sale
  • Owner Pays: Miscellaneous, Water, Sewer, Insurance, Taxes - Real Estate

Disclosures and Reports

  • Ownership: Fee Simple
  • Lot Number: 4292

Listed by Manor West Realty, Jonathan Gordon and Manor West Realty, Valerie Garcia
Sold by Iron Valley Real Estate, Elisa Marie Rodriguez

Listing agents

— 135 S 6th St —

  • Jonathan Gordon

    Manor West Realty

  • Valerie Garcia

    Manor West Realty

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 135 S 6th St

School District:Reading School District
NameGradesDistance
Tyson-Schoener El School
315 South 5th Street, Reading, PA 19602
PK-40.2 mi
Southwest Ms
300 Chestnut Street, Reading, PA 19602
5-80.3 mi
Reading Senior High School
801 North 13th Street, Reading, PA 19604
9-121.3 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 135 S 6th St

Date
Details
Price
Change
Source
1/23/2026
Sold
$575,000
-4.15%
MLS
9/26/2025
Listed
$599,900
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Listed by Manor West Realty, Jonathan Gordon and Manor West Realty, Valerie Garcia
Sold by Iron Valley Real Estate, Elisa Marie Rodriguez

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135 S 6th Street, Reading, PA 19602 (MLS# PABK2063510) is a Multi-Family property that was sold at $575,000 on January 23, 2026. Want to learn more about 135 S 6th Street? Do you have questions about finding other Multi-Family real estate for sale in Reading? You can browse all Reading real estate or contact a Coldwell Banker agent to request more information.