Welcome to 113 W Oley Street, a solid income-producing multi-unit property located in the heart of Reading. This well-maintained 2-unit building offers strong cash flow and a 9.6% cap rate, making it an ideal addition to any investor’s portfolio. The property features two residential units: * Unit 1: 1 bedroom, 1 bathroom — currently rented at $850/month (month-to-month lease) * Unit 2: 3 bedrooms, 1 bathroom — currently rented at $1,200/month (month-to-month lease) In addition to the residential income, the property includes a detached garage in the rear, currently leased for an additional $75/month, providing extra revenue. Tenants pay their own heat and electricity, helping keep operating expenses low. The owner is only responsible for water, sewer, and trash, making this a highly efficient and easy-to-manage investment. With strong existing rents, flexible month-to-month leases, and immediate cash flow from day one, this property presents a great opportunity for both seasoned investors and those looking to get started in real estate investing. Don’t miss your chance to secure a high-performing asset in a growing market—schedule your showing today!
Sold for $240,000
Zillow last checked:
Listing updated:
Bought with:
Chaz Logan, RS331928
BHHS Homesale Realty- Reading Berks
Source: Bright MLS,MLS#: PABK2071162
Price history
| Date | Event | Price |
|---|---|---|
| 7/16/2026 | Sold | $240,000$144/sqft |
Source:  Bright MLS #PABK2071162 Report a problem | ||
| 6/8/2026 | Pending sale | $240,000$144/sqft |
Source: Bright MLS #PABK2071162 Report a problem | ||
| 5/14/2026 | Listed for sale | $240,000$144/sqft |
Source: Bright MLS #PABK2071162 Report a problem | ||
| 5/11/2026 | Pending sale | $240,000+4.4%$144/sqft |
Source: Bright MLS #PABK2071162 Report a problem | ||
| 4/27/2026 | Listed for sale | $229,900+125.4%$138/sqft |
Source: Bright MLS #PABK2071162 Report a problem | ||
| 3/2/2023 | Listing removed | -- |
Source: Bright MLS #PABK370586 Report a problem | ||
| 3/18/2021 | Sold | $102,000+2.1%$61/sqft |
Source: Public Record Report a problem | ||
| 2/23/2021 | Pending sale | $99,900$60/sqft |
Source: Bright MLS #PABK370586 Report a problem | ||
| 1/13/2021 | Listing removed | $99,900$60/sqft |
Source: Bright MLS #PABK370586 Report a problem | ||
| 1/7/2021 | Price change | $99,900-9.1%$60/sqft |
Source: Bright MLS #PABK370586 Report a problem | ||
| 11/17/2020 | Listed for sale | $109,900+171.4%$66/sqft |
Source: EXP Realty, LLC #PABK370586 Report a problem | ||
| 5/18/2006 | Sold | $40,500+35%$24/sqft |
Source: Public Record Report a problem | ||
| 5/1/2002 | Sold | $30,000$18/sqft |
Source: Public Record Report a problem | ||
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