Attention Investors!! Turnkey opportunity in the City of Reading. Three residential units fully rented. Unit 1 is a 1 bedroom unit with electric heat, tenant pays electric. Unit 2 is a 1 bedroom efficiency with electric heat, landlord pays electric. Unit 3 is a 3 bedroom apartment, living room and kitchen with electric heat, tenant pays the electric. All apartments recently remodeled, accessed from 11th street side of the building and are located on the 2nd floor. On the lower level, there is a mixed use space recently remodeled, containing two half baths with entrances from 11th street and the corner of the building at 11th and Chestnut This possible commercial space is awaiting new tenants. At the rear of the property, there are 2 separated garage spaces, one currently occupied and the other currently vacant. The property includes a coin laundry area for tenant use along with a vending machine and small office space.
Sold for $449,777
$449,777
1101 Chestnut St, Reading, PA 19602
6beds
5baths
--sqft
Townhouse
Built in 1900
-- sqft lot
$450,500 Zestimate®
$--/sqft
$1,380 Estimated rent
Home value
$450,500
$428,000 - $473,000
$1,380/mo
Zestimate® history
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$1,380/mo
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Small office space
Zillow last checked:
Listing updated:
Listed by:
Matt Meitzler 610-401-4592,
RE/MAX Of Reading,
Co-Listing Agent: Jeroen Harmsen 610-763-5179,
RE/MAX Of Reading
Bought with:
Gabriel Duran, RS374436
United Real Estate Strive 212
Source: Bright MLS,MLS#: PABK2074064
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 6
- Bathrooms: 5
Basement
- Area: 0
Heating
- Baseboard, Radiator, Electric, Natural Gas
Cooling
- None
Appliances
- Included: Electric Water Heater
Features
- Other, Dry Wall
- Flooring: Laminate, Ceramic Tile
- Basement: Unfinished
- Has fireplace: No
Interior area
- Total structure area: 0
Property
Parking
- Total spaces: 2
- Parking features: Storage, Attached, On Street
- Attached garage spaces: 2
- Has uncovered spaces: Yes
Accessibility
- Accessibility features: None
Features
- Exterior features: Sidewalks, Storage
- Pool features: None
Lot
- Size: 2,178 Square Feet
- Features: Corner Lot
Details
- Additional structures: Above Grade, Below Grade
- Parcel number: 03531621191144
- Zoning: COMMERCIAL MIXED USE
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Architectural style: Other
- Property subtype: Townhouse
Materials
- Brick, Stucco
- Foundation: Other
- Roof: Rubber
Condition
- Good
- New construction: No
- Year built: 1900
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & HOA
Community
- Security: Exterior Cameras
Location
- Region: Reading
- Municipality: READING CITY
Financial & listing details
- Tax assessed value: $39,200
- Annual tax amount: $1,809
- Date on market: 7/31/2026
- Listing agreement: Exclusive Right To Sell
- Listing terms: Cash,Conventional
- Inclusions: Washers, Dryers, Commercial Cooler
- Ownership: Fee Simple
- Total actual rent: 42000
- Income includes: Apartment Rentals, Other, Shop Rentals
Price history
| Date | Event | Price |
|---|---|---|
| 8/21/2026 | Sold | $449,777 |
Source:  Bright MLS #PABK2074064 Report a problem | ||
| 8/3/2026 | Pending sale | $449,777 |
Source: Bright MLS #PABK2074064 Report a problem | ||
| 7/31/2026 | Listed for sale | $449,7770% |
Source: Bright MLS #PABK2074064 Report a problem | ||
| 12/18/2025 | Listing removed | $450,000 |
Source: Bright MLS #PABK2058530 Report a problem | ||
| 9/23/2025 | Price change | $450,000-5.3% |
Source: Bright MLS #PABK2058530 Report a problem | ||
| 6/10/2025 | Listed for sale | $475,000+955.6% |
Source: Bright MLS #PABK2058530 Report a problem | ||
| 12/22/2020 | Sold | $45,000-50% |
Source: Public Record Report a problem | ||
| 6/12/2018 | Listing removed | $90,000 |
Source: Keller Williams Platinum Realt #1004933233 Report a problem | ||
| 6/4/2018 | Listed for sale | $90,000-33.3% |
Source: Keller Williams Platinum Realt #1004933233 Report a problem | ||
| 3/17/2006 | Sold | $135,000+50% |
Source: Public Record Report a problem | ||
| 2/22/2002 | Sold | $90,000 |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $1,767 +1.5% | $39,200 |
| 2024 | $1,741 +1.6% | $39,200 |
| 2023 | $1,714 | $39,200 |
| 2022 | $1,714 | $39,200 |
| 2021 | $1,714 +1% | $39,200 |
| 2020 | $1,696 | $39,200 |
| 2019 | $1,696 | $39,200 |
| 2018 | $1,696 +0.7% | $39,200 |
| 2017 | $1,685 +75% | $39,200 |
| 2016 | $963 +8.7% | $39,200 |
| 2015 | $886 | $39,200 |
Find assessor info on the county website
Neighborhood: 19602
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Nearby schools
GreatSchools rating
- 3/10Southern Middle SchoolGrades: 5-8Distance: 0.1 mi
- 1/10Reading Senior High SchoolGrades: 9-12Distance: 1.1 mi
- 2/10Amanda E Stout Elementary SchoolGrades: PK-4Distance: 0.2 mi
Schools provided by the listing agent
- District: Reading
Source: Bright MLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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Estimated market value
$450,500
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Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
Estimated market value
$450,500
- Pennsylvania
- Berks County
- Reading
- 19602
- 1101 Chestnut St
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