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$450,000
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Property Description
Excellent opportunity to add a cash-flowing asset to your portfolio. This unique investment property features 3 fully rented residential units plus 13 rented garages, providing multiple streams of income and strong monthly cash flow. Currently generating approximately $4,680 per month in gross rental income. Whether you're a seasoned investor looking to expand your portfolio or seeking a stable income-producing property, this is an opportunity you won't want to miss. The property has demonstrated strong rental demand. Conveniently located near local amenities, major routes, and employment centers. Income-producing properties with this combination of residential units and garage rentals are hard to find. Schedule your showing today!
Full Property Details
Full Property Details for 622 N 3rd St
General
- Sold For: $450,000
- Taxes: $4,048 (2025)
- Status: Closed
- Type: Single Family
- Source: BrightMLSPhilly
- MLS ID: PABK2073562
- Added to Site: 62 day(s) ago
Rental Information
- Lease Info: Long Term
Parking
- Garage: Yes
- Garage Spaces: 13
- Total Spaces: 13
- Parking Type: Parking Garage
- Garage Description: Garage - Front Entry, Garage - Rear Entry
Location
- Area: Reading City (10201)
- Municipality: READING CITY
- County: BERKS
- Driving Directions: From 422: Penn St, Left on N 3rd St to property on the left.
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
Structural Information
- Architectural Style: Colonial
- Structure Type: Twin/Semi-Detached
- Construction: Brick
- Foundation: Stone
- Square Feet: 3,748
- Sq. Ft. Source: Assessor
- Living Area: 3,748 Sq. Ft.
- Finished Above Grnd: 3,748 Sq. Ft.
- Year Built: 1900
- Year Built Source: Assessor
Lot Features
- Lot Size (Acres): 0.21
- Lot Size (Sq. Ft.): 9,147
- Lot Size Source: Assessor
- Zoning: MULTI FAMILY
Financial Considerations
- Price Per Sq. Ft.: $120.06
- Assessment Year: 2026
- School Tax: $1,572
- City/TownTax: $1,685
- City/TownTax Freq: Annually
- County Tax: $790
- County Tax Freq: Annually
- Tax w/Assessment: $87,700
- Tax Amount: $4,048
- Tax Year: 2025
- Terms: Standard Sale
- Tax Total Finished Sq. Ft.: 3748
Disclosures and Reports
- Ownership: Fee Simple
- Lot Number: 6820
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Schools
Schools serving 622 N 3rd St
School District:Reading School District
| Name | Grades | Distance |
|---|---|---|
Riverside El School 1400 Centre Avenue, Reading, PA 19601 | PK-4 | 0.8 mi |
Central Middle School, Reading, PA 215 North 12th Street, Reading, PA 19604 | 5-8 | 1 mi |
Reading Senior High School 801 North 13th Street, Reading, PA 19604 | 9-12 | 1.1 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 622 N 3rd St
Date
Details
Price
Change
Source
8/14/2026
Sold
$450,000
-3.43%
MLS
7/16/2026
Price Increased
$466,000
3.58%
MLS
6/26/2026
Listed
$449,900
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
622 N 3rd Street, Reading, PA 19601 (MLS# PABK2073562) is a Single Family property that was sold at $450,000 on August 14, 2026. This property was listed by Aida Sanchez from our Wyomissing Office.Want to learn more about 622 N 3rd Street? 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.


