ReneeSlattery

316 S 8th Street, Reading, PA 19602

$299,900
  • 316 S 8th Street, Reading, PA 19602 Main Photo

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New to the Market ACTIVE
BEDS0 BATHS SQUARE FEET2,134 MLS#PABK2071194
STATUSACTIVE PROPERTY TYPEMulti Unit - Multiple SCHOOLREADING

Property Description

Savvy investors and house hackers — this is the one you've been waiting for. This fully vacant 4-unit at 316 S 8th Street is a blank canvas sitting in one of Pennsylvania's most renter-hungry markets, where 60% of households rent and studios are commanding $1,000–$1,100/mo with 2-bedrooms pushing $1,600–$1,700+ in today's market. Do the math: a light cosmetic refresh — fresh floors, clean walls — and you're looking at a potential gross monthly rent roll of $4,200–$4,500+. Here's where it gets even better — every unit has its own separate electric heat and each tenant pays their own utilities, meaning your operating expenses stay lean and your net income stays fat. No utility bills eating into your returns. A true investor's dream structure. Maximum flexibility too: rent all four and stack income, or move into the 2-bedroom, let your three tenants cover your mortgage AND put cash in your pocket every single month — live for free while building real wealth. The vacancy isn't a problem — it's your power. Every unit is yours to price at peak market rates from day one, no inherited leases, no inherited headaches, just pure upside. In a city where rents have risen nearly 2% year-over-year and demand never sleeps, hesitation is the only mistake you can make. First mover wins here — schedule your showing now before the next investor does.

316 S 8th Street | MLS# PABK2071194

This multi-family property located at 316 S 8th Street, Reading, PA 19602 is currently listed for sale with an asking price of $299,900. S 8th Street is located within the READING school district. Search Reading real estate on rslattery.reexcelpros.com today.

Property Features

Property Type: Multi Unit - Multiple
Cooling: None
Fuel Type: Electric
Heating: Baseboard - Electric
Home Style: Traditional
Lot Size: 0.03 Acres
Taxes: $1,232
Year Built: 1900

Feature Descriptions

Additional Structures: Above Grade, Below Grade
Days on Site: 5
Exterior: Brick
Lot Dimensions: 0.03 Acre(S)
Municipality: READING CITY
Sewer: Public Sewer
Structure Type: Interior Row/Townhouse
Studio Efficiency Units: 3
Two Bedroom Units: 1
Units: 4
Utilities: Electric Available
Water: Public

Local Schools

School District: READING

Listed By / Shown By

Listed By

Agency Name: Light House Realtors, LLC
Agency Phone: 4842730056

Shown By

Agent Name: Renee Slattery
Agent Phone: (267) 249-9106
Agency Title: Real Estate Excel, The Baringer Group, Ltd.

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Estimated Payment

$ 857.58 per month $667.45 Principal & Interest $102.67 Property Tax $87.47 Homeowner's Insurance

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Disclaimer: All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information on this site was last updated 04/29/2026. The listing information on this page last changed on 04/29/2026. The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of Delta Media Group MLS (last updated Wed 04/29/2026 12:00:15 AM EST) or Bright MLS (last updated Tue 04/28/2026 11:48:14 PM EST). Real estate listings held by brokerage firms other than Real Estate Excel, The Baringer Group, Ltd. may be marked with the Internet Data Exchange logo and detailed information about those properties will include the name of the listing broker(s) when required by the MLS. All rights reserved.
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