Property
Beds
None
Full Baths
None
1/2 Baths
None
Year Built
1900
Sq.Footage
N/A
A high-performing, income-producing flagship property comprising 90 total units: 86 self-storage units, 12 tenant parking spaces, and 4 commercial suites (fully occupied). This 1.5-acre site features designated parking for tenants, full utility access (electric, water, sewer), and a stable tenant base with strong retention. The site is optimized for operational efficiency and long-term upside. Current Financials Current Income: $315,897 Current NOI: $220,485.54 Current CAP Rate: 9.6% Pro Forma Financials Pro Forma Income: $347,846 Pro Forma NOI: $260,884 Pro Forma CAP Rate: 11.3% Additional properties in the portfolio include: 826 Hampden – 17 units 824 Ritter – 13 units 511 Birch – 10 units 340 Locust – 18 units 333 Lombard – 34 units 1536 Haak – 36 units 625 N. 13th – 22 units 1128 Pike – 34 units 1200 N 9th Street – 66 units 306 N 13th Street – 1 unit 1541 Fairview – 8 units 635-R Weiser – 1 unit 521 S 16th Street – 10 units 328 Chestnut – 8 units 1214 Weimer – 10 units 741 Church – 12 units 330 Robeson - 1015 Rose – 96 units 364 Blair – 86 units
Features & Amenities
Interior
-
Total Bedrooms
N/A
-
Bathrooms
N/A
-
Cooling YN
YES
-
Cooling
Central Air
-
Heating YN
YES
-
Heating
Natural Gas, Forced Air
-
Pet friendly
N/A
Exterior
-
Garage
No
-
Parking
On Street
-
Pool
No
-
Waterfront YN
NO
Area & Lot
-
Lot Size(acres)
1.51
-
Property Type
Commercial Sale
Price
-
Sales Price
$2,300,000
-
Tax Amount
33836.0
-
Sq. Footage
N/A
-
Price/SqFt
N/A
HOA
-
Association
No
School District
-
Elementary School
N/A
-
Middle School
N/A
-
High School
N/A
Property Features
-
Stories
2
-
Sewer
Public Sewer
-
Water Source
Public
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Location
County
BERKS
Elementary School
Middle School
High School
Listing Courtesy of Beau McGettigan , KW Commercial
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Broker | Owner
ChristyIssler
Call Christy today to schedule a private showing.
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READING
524 N 6TH STREET
None Beds
None Baths
11,269 Sq.Ft.
$2,500,000
MLS#: PABK2063470
