140 W Oley Street
Reading, PA 19601
Investors—take a look at this 2-unit property with immediate rental income and additional income potential! Both units offer 2 bedrooms and 1 full bath. The first-floor unit is currently rented for $1,000/month, while the second unit is vacant. The vacant unit was also rented for $1,000/month until last month, providing a clear opportunity to bring the property back to $2,000/month in potential gross rental income when both units are occupied. Recent updates include gas furnaces installed in 2026 and water heaters installed in 2023, adding value and peace of mind for the next owner. The property also features a detached garage and front porch and is located in Reading’s Queen Anne Historic District. A great opportunity for an investor looking to add a two-unit property to their portfolio, or an owner-occupant looking to live in one unit while the other helps offset their housing expenses. With one unit already producing rental income and the second ready for a new tenant, this property offers flexibility and income potential from day one.
Property Features
Feature Descriptions
Local Schools
Listed By / Shown By
Listed By
Agency Name: Daryl Tillman Realty Group
Agency Phone: 6109850224
Shown By
Agent Name: Stefanie Rosado
Agent Phone: (570) 951-6724
Agency Title: Lewith & Freeman
AGENT INFORMATION
Lewith & Freeman Stefanie Rosado (570) 951-6724 Stefanie@Lewith-Freeman.com
Estimate Your Payment
Estimated Payment
$ 1,177.75 per month $1,024.45 Principal & Interest $100.83 Property Tax $52.47 Homeowner's InsuranceChange Payment Information
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140 W Oley Street | MLS# PABK2078950
This multi-family property located at 140 W Oley Street, Reading, PA 19601 is currently listed for sale with an asking price of $179,900. W Oley Street is located within the READING school district. Search Reading real estate on stef.lewith-freeman.com today.