USAPAReadingNone Available625 N 13Th St
625 N 13 Th St, Home with 0 bedrooms, 0 bathrooms and null parking in READING PA | Image 1
Link Copied
$500,000

625 N 13 Th 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 $3,032
Days Active 1
Approx. Age 1920
MLS® Number PABK2060540

Property Address: 

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

Description

Excellent mixed-use investment opportunity at 625 N 13th Street, Reading, PA. This property features 22 self-storage units alongside a residential apartment and lower-level commercial space, offering a diversified income stream across asset classes. With electric, water, and sewer utilities in place, the property provides reliable service and long-term functionality for both storage and residential/commercial use. Current income is $62, 522 with a net operating income (NOI) of $46, 368.75, producing a healthy 9.3% CAP rate. Pro forma projections show income potential of $70, 000 and NOI of $56, 000, raising the CAP rate to 11.2% with market adjustments and renewed lease focus. The varied tenant base and income-producing components make this a highly attractive property for investors seeking cash flow with growth potential. This property is part of a larger portfolio of 500+ storage units currently available across the Reading market. 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® NumberPABK2060540
Locker
Ensuite LaundryNo
Balcony
Furnished
Laundry Level
Exposure
Exterior
GarageNo
Approx. Age1920
Stories3
Pets
Corp Number

Included in Maintenance Fee

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

Utilities

HeatForced Air, Natural Gas
A/CCentral A/C, Electric
Heating Fuel

Extras

Similar Listings

Like what you see?

Complete the form and we'll be in touch. No login necessary.

Add a Comment

Get notified of price or status changes by saving this listing