Features & Amenities

Interior

  • Total Bedrooms

    5

  • Bathrooms

    2

  • Above Grade Finished Area

    2070.0

  • Basement YN

    NO

  • Cooling YN

    NO

  • Cooling

    None

  • Fireplace YN

    NO

  • Heating YN

    YES

  • Heating

    Oil, None

  • Main Level Bedrooms

    5

  • Pet friendly

    N/A

Exterior

  • Garage

    No

  • Construction Materials

    Brick

  • Parking

    Other

  • Pool

    No

  • Waterfront YN

    NO

Area & Lot

  • Lot Size(acres)

    0.04

  • Lot Size(square feet)

    1742.0

  • Property Type

    Residential

  • Property Sub Type

    Duplex

  • Architectural Style

    Other

Price

  • Sales Price

    $80,000

  • Tax Amount

    $1,244

  • Sq. Footage

    2, 070

  • Price/SqFt

    $38

HOA

  • Association

    No

School District

  • Elementary School

    N/A

  • Middle School

    N/A

  • High School

    N/A

Property Features

  • New Construction

    NO

  • Foundation Details

    Other

  • Senior Community YN

    NO

  • Sewer

    Public Sewer

  • Tax Lot

    0010

  • Water Source

    Public

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Location

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Listing Courtesy of Tyrese Tyrell Johnson , HomeSmart Realty Advisors

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PROPERTY IS A SHELL.  NEEDS COMPLETE REHAB
**Welcome to Reading, PA**
* INVESTOR SPECIAL *

We are delighted to introduce you to Reading P.A, a welcoming and family-oriented neighborhood where many residents have lived for over 15 to 20 years. 

We would like to highlight a recent real estate opportunity in the area. The property located at 240 N 2nd St, Reading, PA 19601, was successfully sold for $265,000. My colleague served as both the general contractor and realtor for this home. Initially purchased in 2021 for $80,000, it underwent significant renovations that increased its appraised value to $250,000. After being listed on the market, it attracted multiple bids and ultimately sold for $258,000.

Currently, this property is available for purchase at the same price of $80,000 just a few doors away. This home requires a conversion to a multi-family unit—a process that is relatively straightforward for an investor who is motivated and can envision the potential of the property. We advise prospective buyers to take caution when viewing the property due to some unsafe spaces; it is recommended to bring a flashlight and watch your step.

This presents a fantastic investment opportunity for section 8 buyers, air Bnb purchasers or straight rental units, so please do not hesitate to reach out for more information.

137 ELM STREET

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