197 Old Friedensburg Road, Reading, PA 19606 - Photo 1

1/1

$279,900

Sold
Closed
Single Family
1,680 Sq. Ft.

1/1

Property Description

Awesome turn-key investment opportunity in the desirable Exeter School District featuring a fully-leased 2-unit property with immediate cash flow. This property offers two spacious 2-bedroom, 1-bathroom apartments. The newly renovated first floor features a custom tile shower with a stackable washer/dryer, new windows, fresh drywall and paint, plus a generously sized eat-in kitchen and family room currently rented at $1,400/month with the owner paying electric. The second floor unit features an established long-term tenant paying $1,200/month plus utilities, providing excellent income stability. Owner pays sewer for the building, averaging $100-$120/month. Well water is treated with a UV light filtration system. Both tenants are currently month-month. With $31,200 in gross annual income, 100% occupancy, recent first-floor upgrades, and strong rental rates, this turnkey property offers investors an excellent opportunity for consistent returns in a sought-after school district.

Full Property Details

Full Property Details for 197 Old Friedensburg Rd

General

Sold For: $279,900
Taxes: $2,574 (2025)
Status: Closed
Type: Single Family
Source: BrightMLSPhilly
MLS ID: PABK2072440
Added to Site: 99 day(s) ago

Interior

Flooring: Carpet, Luxury Vinyl Plank

Parking

Total Spaces: 4
Parking Type: Driveway

Location

Area: Exeter Twp (10243)
Municipality: EXETER TWP
County: BERKS
Driving Directions: US-222 S, Keep left to continue on US-422 E, Take the exit toward Mt. Penn, Turn left onto E Neversink Rd (signs for St Lawrence/Mt Penn), Turn left onto Perkiomen Ave, Turn right onto Oley Turnpike Rd, Turn left onto Bingaman St, Slight right onto Butter Ln, Turn right onto Old Friedensburg Rd, Property will be on the right

School Information

School District: Exeter Township

Heating & Cooling

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

Utilities

Sewer: Public Sewer
Water: Well, Filter

Structural Information

Architectural Style: Traditional
Structure Type: Detached
Construction: Block
Foundation: Other
Square Feet: 1,680
Sq. Ft. Source: Assessor
Living Area: 1,680 Sq. Ft.
Finished Above Grnd: 1,680 Sq. Ft.
Year Built: 1950
Year Built Source: Assessor

Unit Information

Other Units: Unit 1, Unit 2

Lot Features

Lot Size (Acres): 0.09
Lot Size (Sq. Ft.): 3,920
Lot Size Source: Assessor
Zoning: RESIDENTIAL

Financial Considerations

Price Per Sq. Ft.: $166.61
Assessment Year: 2026
School Tax: $1,909
City/TownTax: $200
City/TownTax Freq: Annually
County Tax: $465
County Tax Freq: Annually
Tax w/Assessment: $51,600
Tax Amount: $2,574
Tax Year: 2025
Terms: Standard Sale
Tax Total Finished Sq. Ft.: 1680

Disclosures and Reports

Ownership: Fee Simple
Lot Number: 2005

Listed by Keller Williams Platinum Realty - Wyomissing, Chris Marrella
Sold by RE/MAX Of Reading, YUDELKA MONEGRO

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Listing agent

— 197 Old Friedensburg Rd —

Chris Marrella

Keller Williams Platinum Realty - Wyomissing

Listing Office Email: frontdesk1110@kw.com

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Schools

Schools serving 197 Old Friedensburg Rd

School District:Exeter Township School District

Name	Grades	Distance
Owatin Creek Elementary School 5000 Boyertown Pike, Reading, PA 19606	K-4	2.8 mi
Exeter Twp Junior High School 151 East 39th Street, Reading, PA 19606	7-8	3.4 mi
Exeter Twp Senior High School 201 East 37th Street, Reading, PA 19606	9-12	3.3 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 197 Old Friedensburg Rd

Date

Details

Price

Change

Source

7/29/2026

Sold

$279,900

—

MLS

5/21/2026

Listed

$279,900

—

MLS

Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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Active
Updated 6 days ago

2
Beds
2
Total Baths
1,475
Sq. Ft.

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Just Listed

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Townhouse
Active
Updated 6 days ago

3
Beds
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Total Baths
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Updated 5 days ago

3
Beds
2
Total Baths
1,522
Sq. Ft.

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Just Listed

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Active
Updated 13 hours ago

5
Beds
6
Total Baths
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Sq. Ft.

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Single Family
Active
Updated 3 days ago

5
Beds
5
Total Baths
6,177
Sq. Ft.

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Price Reduced

-$50 (-5.88%)

$800

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Commercial Lease
Active

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Price Reduced

-$10,000 (-2.22%)

$439,900

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Single Family
Active
Updated 6 days ago

8
Beds
3
Total Baths
3,200
Sq. Ft.

Listed by Springer Realty Group, Mario A Di Nenna

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Price Reduced

-$10,000 (-2.22%)

$439,900

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Single Family
Active
Updated 6 days ago

1,950
Sq. Ft.

Listed by Springer Realty Group, Mario A Di Nenna

197 Old Friedensburg Road, Reading, PA 19606 (MLS# PABK2072440) is a Single Family property that was sold at $279,900 on July 29, 2026. Want to learn more about 197 Old Friedensburg Road? Do you have questions about finding other Single Family real estate for sale in Reading? You can browse all Reading real estate or contact a Coldwell Banker agent to request more information.

197 Old Friedensburg Rd Reading, PA 19606