USAPAReadingNone Available511 Birch St
511 Birch St, Home with 0 bedrooms, 0 bathrooms and null parking in READING PA | Image 1
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$150,000

511 Birch St, Reading, PA

Real Estate

For Sale

$--,---,---
000
  • Key Facts
  • Description
  • Map

Key Facts

Type Special Purpose
Levels Commercial Sale
Size -
Garage No
Maintenance Fees 
Taxes $854
Days Active 1
Approx. Age 1941
MLS® Number PABK2060532

Property Address: 

Average square foot calculated using Size range provided by listing agent.

Description

Excellent investment opportunity at 511 Birch Street in Reading, PA, offering 10 self-storage units with a strong history of consistent rental performance. This well-located property features an easy-to-access layout and stable long-term tenants, making it a reliable income-producing asset with minimal management requirements. Current income is $16, 768 with a net operating income (NOI) of $13, 929.52, generating a 9.2% CAP rate. With modest leasing optimization, pro forma projections show income rising to $18, 000 and NOI to $15, 000, resulting in a 10% CAP rate. This property is part of a larger portfolio of over 500 storage units currently available for sale. With low operating costs and dependable tenancy, this site provides a strong balance of cash flow and future growth potential. Additional properties in the portfolio include: 826 Hampden – 17 units 824 Ritter – 13 units 511 Birch – 10 units 340 Locust – 18 units 333 Lombard – 34 units 1536 Haak – 36 units 625 N. 13th – 22 units 1128 Pike – 34 units 1200 N 9th Street – 66 units 306 N 13th Street – 1 unit 1541 Fairview – 8 units 635-R Weiser – 1 unit 521 S 16th Street – 10 units 328 Chestnut – 8 units 1214 Weimer – 10 units 741 Church – 12 units 330 Robeson - 1015 Rose – 96 units 364 Blair – 86 unitsShow Description
MLS® NumberPABK2060532
Locker
Ensuite LaundryNo
Balcony
Furnished
Laundry Level
Exposure
Exterior
GarageNo
Approx. Age1941
Stories1
Pets
Corp Number

Included in Maintenance Fee

Heat
Hydro
Water
Building Insurance
Condo Taxes
Cable TV
Central Air
Parking Maintenance

Utilities

HeatNone
A/CNone
Heating Fuel

Extras

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