




145 Spring Valley Rd, Reading, PA, 19605
About This Home
Rare opportunity to acquire a detached 7-unit investment property offering strong cash flow, low expenses, and long-term stability. This well-maintained building features a solid tenant base with mostly long-term occupants, delivering consistent monthly income of $8,970 with minimal annual expenses of just $14,211. Designed for efficiency, each unit is separately metered with tenants paying their own electric and heat, significantly reducing owner overhead. Every unit is equipped with a high-efficiency combi system providing heat and on-demand hot water—eliminating traditional tanks while offering modern, reliable performance. The property also includes three garages, creating additional income potential, along with ample on-site parking for tenants and extra spaces that can be rented for added revenue. As a detached building, it offers privacy, strong curb appeal, and ease of management compared to attached properties. Located in the highly desirable Muhlenberg School District, this property benefits from strong rental demand and convenient access to major routes, shopping, and everyday amenities. A true turnkey, income-producing asset with excellent fundamentals and upside potential—ideal for any investor looking to expand their portfolio.
Getting Around
Schools
Construction
Condition
- Property condition: Good
- Year built: 1900
Materials
- Foundation: Permanent
- Roof: Flat,Shingle,Pitched
- Construction materials: Frame
Type & Style
- Home type: MultiFamily
- Architectural style: Other
- Property subType: Multi Family
Interior
Appliances
- Appliances included: Instant Hot Water
Basement
- Area: 0
Basement
- Has basement: Yes
- Basement: Full
Bedrooms & Bathrooms
- Bedrooms: 10
- Bathrooms: 7
Features
- Flooring: Carpet,Laminate,Vinyl
Heating & Cooling
- Heating features: Hot Water,Natural Gas
- Cooling features: None
Interior Area
- Total structure area: 0
Property
Accessibility
- Accessibility features: None
Details
- Parcel number: 66531809153812
- Zoning: 6 UNIT COMM
- Zoning description: Commercial
- Special condition: Standard
- Exclusions: Personal Property
Features
- Pool features: None
Lot
- Lot size: 9,147 sqft
- Lot size dimensions: 0.00 x 0.00
Parking
- Total spaces: 23
- Parking features: Garage Faces Rear,Off Street,Parking Lot,Detached
- Has garage: Yes
- Attached garage spaces: 3
- Covered spaces: 3
