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$650,000
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Property Description
Excellent opportunity to acquire a cash-flowing multifamily property with two income-producing parking lots in a central city location. The sale includes a four-unit residential building at 220 N. 6th St, with rear parking lot and a separately deeded parking lot located at 221 Church St, creating multiple revenue streams with future expansion potential. The residential building features a desirable unit mix with strong in-place rents: Unit #1: 2 Bedrooms-$900/month, Unit #2: 3 Bedrooms-$1,500/month, Unit #3: 2 Bedrooms-$1,100/month, Unit #4 Studio-Projected $850/month. Landlord currently pays gas heat, water, sewer and trash. Rear parking lots provides steady income with 15 total rented spaces across both parking lots at $60 per space per month ($900/month), plus potential to create additional parking spaces. Ideal for investors seeking a stabilized asset with diversified income streams, immediate parking revenue, and long-term growth through leasing and expansion. Conveniently located near downtown amenities, public transportation, shopping, dining and nearby daycare facilities, adding to tenant appeal and long-term rental demand. Schedule your private showing today
Full Property Details
Full Property Details for 220 N 6th St
General
- Price: $650,000
- Taxes: $2,628 (2025)
- Status: Active
- Type: Townhouse
- Source: BrightMLSPhilly
- MLS ID: PABK2067992
- Updated: 3/24/2026
- Added to Site: 53 day(s) ago
Rental Information
- Lease Info: Month to Month
- Rent Control: Yes
Interior
- Interior Features: Attic
- Appliances: Stove, Water Heater, Refrigerator
- Flooring: Laminate Plank, Vinyl
Exterior
- Exterior Features: Fire Escape
- Porch/Patio/Deck: Balcony
Parking
- Total Spaces: 15
- Parking Features: Paved Parking
- Parking Type: Parking Lot
Location
- Area: Reading City (10201)
- Municipality: READING CITY
- County: BERKS
- Cross Streets: Walnut
- Driving Directions: N. 6Th St. Property on left
- Location Details: Downtown
School Information
- School District: Reading
Heating & Cooling
- Cooling Type: None
- Heating Type: Hot Water
- Heating Fuel: Natural Gas
- Water Heater: Electric
Utilities
- Sewer: Public Sewer
- Water: Public
- Utility Description: Water Available, Sewer Available, Natural Gas Available, Electric Available, Phone, Cable TV Available
Structural Information
- Architectural Style: Traditional
- Structure Type: Interior Row/Townhouse
- Construction: Brick, Stone, Mixed, Mixed Plumbing
- Basement: Yes
- Basement Desc.: Full
- Foundation: Concrete Perimeter
- Roof: Pitched, Shingle
- Doors: Double Entry
- Stories/Levels: 3
- Square Feet: 9,582
- Sq. Ft. Source: Estimated
- Living Area: 4,791 Sq. Ft.
- Finished Above Grnd: 4,791 Sq. Ft.
- Unfin. Above Grnd: 4,791 Sq. Ft.
- Year Built: 1900
- Year Built Source: Estimated
- Property Condition: Average
Unit Information
- Other Units: Unit 1, Unit 2, Unit 4, Unit 3
Lot Features
- Lot Size (Acres): 0.11
- Lot Size (Sq. Ft.): 4,791
- Lot Size Source: Estimated
- Zoning: R/C
Financial Considerations
- Price Per Sq. Ft.: $135.67
- Operating Expenses: $10,500
- Assessment Year: 2025
- School Tax: $1,045
- City/TownTax: $1,057
- City/TownTax Freq: Annually
- County Tax: $525
- County Tax Freq: Annually
- Tax w/Assessment: $58,300
- Tax Amount: $2,628
- Tax Year: 2025
- Owner Pays: Heat, Gas, Repairs, Sewer, Taxes - Real Estate, Snow Removal
Disclosures and Reports
- Ownership: Fee Simple
- Exclusions: Tenants Belongings
- Inclusions: 4 Range/Oven & 4 Refrigerator
- Lot Number: 2559
Buyer's Brokerage Compensation: Contact Listing Agent
Not binding unless confirmed by separate agreement among applicable parties.
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Schools
Schools serving 220 N 6th St
School District:Reading School District
| Name | Grades | Distance |
|---|---|---|
Lauers Park El School 251 North 2nd Street, Reading, PA 19601 | PK-4 | 0.4 mi |
Southwest Ms 300 Chestnut Street, Reading, PA 19602 | 5-8 | 0.6 mi |
Reading Senior High School 801 North 13th Street, Reading, PA 19604 | 9-12 | 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 220 N 6th St
Date
Details
Price
Change
Source
2/09/2026
Listed
$650,000
195.45%
MLS
8/13/2021
Sold
$220,000
—
Public Record
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
Tax History for 220 N 6th St
Year
Property Taxes
Change
Tax Assessment
Change
2025
$1,582
3%
$58,300
—
2024
$1,543
-39%
$58,300
—
2023
$2,549
—
$58,300
—
2022
$2,549
—
$58,300
—
2021
$2,549
1%
$58,300
—
2020
$2,523
—
$58,300
—
2019
$2,523
—
$58,300
—
2018
$2,523
1%
$58,300
—
2017
$2,506
1%
$58,300
—
2016
$2,476
5%
$58,300
—
2015
$2,359
1%
$58,300
—
2014
$2,331
—
$58,300
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 220 N 6th St
220 N 6th Street, Reading, PA 19601 (MLS# PABK2067992) is a Townhouse property with 0 bedrooms and 0 full bathrooms. 220 N 6th Street is currently listed for $650,000 and was received on February 09, 2026. This property is listed by Ana Menendez from our Wyomissing Office.Want to learn more about 220 N 6th 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.


