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$375,000

500 10th St

Reading, PA
ACTIVE-BRIGHT
7
Bedrooms
0.05
Lot Size (acres)
1910
Year Built
74
Days On Market

BACK ON THE MARKET! **One buyer's loss could be your gain! Don't miss your second chance to make this profitable property yours. Schedule your showing today!** Investor opportunity with strong income potential! This fully renovated 3-unit property is ready to start producing and offers flexibility for the next owner, with the option to purchase vacant or rented depending on preference. The first floor features two separate 2-bedroom, 1-bath units, each with its own private exterior entrance and exit. Both units have been renovated and are currently positioned at $1,300 per month each. Separate electric and water meters help keep owner-paid expenses to a minimum. The third unit offers additional flexibility and income potential. It is currently being rented by the room at $800 per room, with a shared kitchen and bathroom and the owner paying electric and gas. Alternatively, the space can be rented as a traditional 3-bedroom, 1-bath unit for approximately $1,800 per month and includes access to a second-floor patio. With separate meters for all units, updated interiors, multiple rental strategies, and off-street parking for two vehicles, this property is set up for an investor looking to add a turnkey multifamily asset to their portfolio. At projected rents of approximately $5,000 per month, the property offers excellent income potential from day one. Whether you're looking for traditional long-term rentals or a combination of unit and room rentals, this property gives the next owner options to maximize its return.

Listing Information

Listing Updated
3 days ago
Listed By
Nicole Lee Kennedy, 6102237359 · Coldwell Banker Realty, 6103739900
MLS#
PABK2077284
Source
Bright
Status
ACTIVE-BRIGHT

Facts & Features

Location

Community Information

Address
500 N 10th St, Reading, PA 19604
City
Reading
County
Berks
Zip Code
19604

Architecture

Bedrooms
7
Year Built
1910
Style
Traditional
Construction Materials
Brick
Foundation
Permanent
Garage Spaces
0
Parking Features
Gravel, Off Street

Features & Amenities

Appliances
Electric Water Heater
Flooring
Vinyl
Cooling
None
Heating
Natural Gas, Baseboard, Electric, Heat Pump

Property Features

Lot Size
0.05 Acres
Water
Public
Sewer
Public Sewer

Tax & Financial Information

List Price
$375,000
Annual Taxes
$1,140

Schools

92/100
Tenth & Green Elementary School
Elementary · Grades PK–04 · 0 mi
City
Reading
Students
747
Student body
89% Hispanic / Latino · 6% Black · 4% White
Free/reduced lunch
100%
Phone
(610) 371-5756
70/100
Lauers Park Elementary School
Elementary · Grades PK–04 · 0.8 mi
City
Reading
Students
566
Parent reviews
5.0★ avg · 4 reviews
Student body
88% Hispanic / Latino · 7% White · 4% Black
Free/reduced lunch
100%
Phone
(610) 371-5960
63/100
Southwest Middle School
Grades M–M · 1 mi
City
Reading
Students
495
Student–teacher
15.4
Student body
84% Hispanic / Latino · 10% Black · 4% White
Free/reduced lunch
100%
Phone
(610) 371-5934
61/100
I-Lead Charter School
Grades M–M · 0.8 mi
City
Reading
Students
408
Student–teacher
17.0
Student body
92% Hispanic / Latino · 4% Black · 3% White
Free/reduced lunch
100%
Phone
(855) 453-2327
56/100
Northeast Middle School
Middle · Grades 05–08 · 0.8 mi
City
Reading
Students
1,082
Student body
85% Hispanic / Latino · 7% White · 6% Black
Free/reduced lunch
100%
Phone
(610) 371-5774
55/100
Thirteenth & Green Elementary School
Elementary · Grades PK–04 · 0.3 mi
City
Reading
Students
532
Student body
88% Hispanic / Latino · 5% White · 4% Black
Free/reduced lunch
100%
Phone
(610) 371-5766
55/100
Reading Senior High School
High · Grades 09–12 · 0.5 mi
City
Reading
Students
3,352
Parent reviews
3.3★ avg · 8 reviews
Student body
83% Hispanic / Latino · 9% Black · 5% White
Free/reduced lunch
78%
Phone
(610) 371-5705
54/100
Southern Middle School
Middle · Grades 05–08 · 0.7 mi
City
Reading
Students
755
Student body
87% Hispanic / Latino · 9% Black · 3% White
Free/reduced lunch
100%
Phone
(610) 371-5803

School ratings are provided for informational purposes only and are subject to change. Attendance boundaries are for reference only — contact the school or district directly to verify enrollment eligibility.

Historical Data

Price History

DateEventPrice
08/25/2026Listed for sale$375,000

Listed by Nicole Lee Kennedy · Coldwell Banker Realty · 6103739900

Listing information provided exclusively 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 deemed reliable but not guaranteed by the MLS. Copyright 2026, Bright. All rights reserved.

Last Updated: November 3, 2026 at 8:56 PM | Source: Bright | MLS#: PABK2077284

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