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$199,900

Beds
4
Baths
2.0
sq ft
1,792

518 Muhlenberg St, Reading, PA 19605

518 Muhlenberg St

READING, PA 19605

  • 1 day on market
**Investor Special!** Rare opportunity to transform a spacious home with incredible potential as either a single-family residence or a multi-unit property. The property is a registered rental, and the previous owners utilized it as a two-family dwelling, with a matching layout on the first and second floors: each has a living room, kitchen, two bedrooms, and a full bath. For those looking to convert it into a multi-unit, an outdoor staircase could easily be added from the backyard to the second-floor kitchen, or simply restore it as a roomy single-family home. The property features a large, fenced backyard, a generous lot with ample room for off-street parking, and potential space for a shed or garage. Conveniently located near shopping, amenities, and major highways for easy access. Please note, the property experienced water damage to the first floor and basement due to a broken pipe in the first-floor bathroom. Damaged flooring was removed, leaving the subfloor in place, and the basement has been professionally gutted and repaired by Eurig Construction. This home is being sold **As-Is, Where-Is** for a **Cash-only** purchase. Buyer is responsible for scheduling a township inspection post-settlement prior to occupancy. Investment opportunities like this are rare in today’s market. 518 Muhlenberg St is priced to sell and offers endless possibilities—don’t miss this chance to maximize your investment potential!

Details

Property type

Single Family Residence

Lot size

0.24 acres

Price per sq ft

$112

Year built

1960

Annual property taxes

$4,533

HOA

No

Price History

11/07/2024
Bright

Bright #PABK2050804

Listed
$199,900

Schools & Community

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

School district: 

MUHLENBERG

Status: Active

Tomo last checked: 11/08/2024 at 10:05 AM

Listing updated: 11/07/2024 at 7:29 PM

Listed by: Allison McMillan, Keller Williams Platinum Realty Phone #: (610) 898-1441

MLS: Bright #PABK2050804

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