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$660,000
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Property Description
Add this Turnkey 6-unit investment property to your portfolio! This is the one you have been waiting for with scheduled gross rents of $79,440 for 2025! Quiet suburban location for your tenants, limits your vacancy rate. Built as a multi-family building you have a practical floor plan you and your tenants will appreciate. Four units on main and upper levels mirror each other. Two lower-level units one on each end of the building. Four units are each two bedrooms and one full bathroom along with kitchen, dining room, and living room. The two lower-level units are studios. Basement offers storage lockers for each unit and coin operated laundry for additional income. Tenants pay most of the utilities. Four units are individual gas heat and hot water which tenants pay for. Seven electric meters so tenants pay for their own electricity. Two lower-level unit expenses are shared between owner and tenant. Income and expense breakdowns are provided in documents which include leases, expenses, and 6-unit license from township. After expenses, assuming 5% of the gross rents for maintenance and 5% for vacancy, building net operating income is over $52K a year with room to grow your gross rents. Don't miss out on this incredible opportunity!
Full Property Details
Full Property Details for 328 High St
General
- Sold For: $660,000
- Taxes: $7,390 (2025)
- Status: Closed
- Type: Multi-Family
- Source: BrightMLSPhilly
- MLS ID: PABK2061722
- Added to Site: 182 day(s) ago
Interior
- Interior Features: Attic, Bathroom - Stall Shower, Bathroom - Tub Shower, Built-Ins, Carpet, Ceiling Fan(s), Dining Area, Floor Plan - Traditional, Kitchen - Eat-In, Kitchen - Galley, Window Treatments, Wood Floors
- Appliances: Dryer, Oven/Range - Electric, Oven/Range - Gas, Refrigerator, Washer
- Flooring: Carpet, Ceramic Tile, Hardwood, Stone, Vinyl
Additional Information
- Security/Safety: Carbon Monoxide Detector(s), Exterior Cameras, Fire Detection System, Smoke Detector
Exterior
- Exterior Features: Awning(s), Exterior Lighting, Fire Escape, Sidewalks, Street Lights
- Porch/Patio/Deck: Balcony, Deck(s), Patio(s), Porch(es)
Parking
- Parking Type: On Street
Location
- Area: Lower Alsace Twp (10223)
- Municipality: LOWER ALSACE TWP
- County: Berks
- Driving Directions: Carsonia Ave in Mt Penn to Right on High St
- Location Details: Suburban
School Information
- School District: Antietam
Heating & Cooling
- Cooling Type: Ceiling Fan(s), Window Unit(s)
- Cooling Fuel: Electric
- Heating Type: Baseboard - Hot Water, Hot Water, Hot Water & Baseboard - Electric, Radiator
- Heating Fuel: Natural Gas, Electric
- Water Heater: Natural Gas
Utilities
- Sewer: Public Sewer
- Water: Public
- Utility Description: Cable TV Available, Natural Gas Available, Phone Available, Sewer Available, Water Available
Structural Information
- Architectural Info: Traditional
- Architectural Style: Traditional
- Structure Type: Detached
- Construction: Block, Cast Iron Plumbing, Concrete, Copper Plumbing, CPVC/PVC, Frame, Masonite, Masonry, Stucco
- Basement: Yes
- Basement Entrance: Yes
- Basement Desc.: Connecting Stairway, Drain, Outside Entrance, Poured Concrete, Rear Entrance, Shelving, Unfinished
- Foundation: Other
- Roof: Rubber
- Walls/Ceilings: Dry Wall, Paneled Walls, Plaster Walls
- Windows: Double Pane, Replacement, Screens
- Stories/Levels: 0
- Square Feet: 5,297
- Sq. Ft. Source: Estimated
- Living Area: 5,297 Sq. Ft.
- Finished Above Grnd: 3,531 Sq. Ft.
- Year Built: 1920
- Year Built Source: Estimated
- Property Condition: Very Good
Unit Information
- Other Units: Unit 1, Unit 2, Unit 4, Unit 5, Unit 3, Unit 6
- 1 Bedroom Units: 2
- 2 Bedroom Units: 4
Unit 1
- Unit Description: Unit 1
- Bedrooms: 2
Unit 2
- Unit Description: Unit 2
- Bedrooms: 2
Unit 3
- Unit Description: Unit 3
- Bedrooms: 2
Unit 4
- Unit Description: Unit 4
- Bedrooms: 2
Unit 5
- Unit Description: Unit 5
- Bedrooms: 1
Unit 6
- Unit Description: Unit 6
- Bedrooms: 1
Lot Features
- Property View: Street
- Lot Size (Acres): 0.14
- Lot Size (Sq. Ft.): 6,098
- Lot Size Source: Assessor
- Lot Dimensions: 0.00 x 0.00
- Street/Road Desc.: Paved
- Lot Features: Cleared, Corner, Front Yard, Level, Rear Yard, SideYard(s)
- Zoning: R-4
- Lot Description: Cleared, Corner, Front Yard, Level, Rear Yard, SideYard(s)
Financial Considerations
- Price Per Sq. Ft.: $184.08
- Assessment Year: 2025
- School Tax: $5,392
- City/TownTax: $1,051
- City/TownTax Freq: Annually
- County Tax: $947
- County Tax Freq: Annually
- Tax w/Assessment: $105,100
- Tax Amount: $7,390
- Tax Year: 2025
- Terms: Standard Sale
- Owner Pays: Accounting/Legal, Advertising/Licenses and Permits, Common Area Maintenance, Insurance, Lawn/Shrub Care, Management, Pest Control, Repairs, Sewer
- Landlord Pays: Accounting/Legal, Advertising/Licenses and Permits, Common Area Maintenance, Insurance, Lawn/Shrub Care, Management, Pest Control, Repairs, Sewer
Disclosures and Reports
- Ownership: Fee Simple
- Inclusions: (6) Ranges, (6)Refrigerators, Washer, Dryer
- Lot Number: 6160
Listed by Century 21 Gold, Jeffrey Martin
Sold by RE/MAX Of Reading, Philip N Macaronis
Get Pre-Approved Today
Schools
Schools serving 328 High St
School District:Antietam School District
| Name | Grades | Distance |
|---|---|---|
Mount Penn Elementary School 2310 Cumberland Ave, Mount Penn, PA 19606 | 2-6 | 0.5 mi |
Antietam Middle School/High School 100 Antietam Road, Reading, PA 19606 | 7-12 | 1.3 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 328 High St
Date
Details
Price
Change
Source
10/22/2025
Sold
$660,000
1.54%
MLS
8/25/2025
Listed
$650,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
328 High Street, Reading, PA 19606 (MLS# PABK2061722) is a Multi-Family property that was sold at $660,000 on October 22, 2025. Want to learn more about 328 High 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.

