220 N 6th Street • Reading, PA 19601

$650,000 Beds: 0 • Baths:Sq. Feet: 4791 • MLS ID: PABK2067992 • Subdivision:School Dist: READING
Excellent opportunity to acquire a cash-flowing multifamily property with two income-producing parking lots in a central city location. The sale includes a four-unit residential building at 220 N. 6th St, with rear parking lot and a separately deeded parking lot located at 221 Church St, creating multiple revenue streams with future expansion potential. The residential building features a desirable unit mix with strong in-place rents: Unit #1: 2 Bedrooms-$900/month, Unit #2: 3 Bedrooms-$1,500/month, Unit #3: 2 Bedrooms-$1,100/month, Unit #4 Studio-Projected $850/month. Landlord currently pays gas heat, water, sewer and trash. Rear parking lots provides steady income with 15 total rented spaces across both parking lots at $60 per space per month ($900/month), plus potential to create additional parking spaces. Ideal for investors seeking a stabilized asset with diversified income streams, immediate parking revenue, and long-term growth through leasing and expansion. Conveniently located near downtown amenities, public transportation, shopping, dining and nearby daycare facilities, adding to tenant appeal and long-term rental demand. Schedule your private showing today View this listing at: http://www.thejacobzieglerteam.com/mls=PABK2067992

Property Features

  • Taxes: $2,628
  • Basement: Yes
  • Roof Type: Pitched,Shingle
  • Exterior: Brick,Stone,Mixed,Mixed Plumbing
  • Parking Notes: Paved Parking
  • Lot Size: 0.11 Acres
  • Lot Dimensions: 0.11 Acre(S)
  • Heating: Hot Water
  • Fuel Type: Natural Gas
  • Cooling: None
  • Year Built: 1900
  • Water: Public
  • Sewer: Public Sewer
  • Units: 4
  • One Bedroom Units: 1
  • Two Bedroom Units: 2
  • Three Bedroom Units: 1
  • Municipality: READING CITY
  • Additional Structures: Above Grade,Below Grade
  • Location Description: Downtown
  • Structure Type: Interior Row/Townhouse
  • Total Garage/Parking Spaces: 15
  • Appliances: Stove,Water Heater,Refrigerator
  • Basement: Full
  • Exterior: Fire Escape
  • Interior: Attic
  • Flooring: Laminate Plank,Vinyl
  • Electric Description: Circuit Breakers
  • Utilities: Water Available,Sewer Available,Natural Gas Available,Electric Available,Phone,Cable TV Available

School Information

  • School District: READING
Printed April 01, 2026


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