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$69,362Estimated home value

Beds
4
Baths
1.0
sq ft
1,314

925 Spruce St, Reading, PA 19602

925 Spruce St

READING, PA 19602

  • Sold On 3/11/2025
Turnkey Cash-Flowing Investment in Growing Reading City Seize this incredible investment opportunity in the rapidly developing Reading City. This tenant-occupied, income-generating property offers immediate cash flow with a reliable tenant who pays on time, every time and takes excellent care of the home— even handling minor repairs themselves. Situated in a prime location near schools, grocery stores, and public transportation, this 4-bedroom, 1-bathroom home boasts ample square footage and strong rental demand. Market rent potential is estimated at $1,750/month, including Section 8 eligibility. This property is being sold with a tenant in place, subject to the terms of their lease. With recent comparable sales (ARVs) in the area ranging from approximately $165K–$185K, acquiring this property at just $125K presents significant equity upside. Additionally, the tenants have expressed interest in a rent-to-own arrangement, subject to negotiation with the buyer. Don't miss out on this turnkey investment—schedule your showing today!

Details

Property type

Townhouse

Lot size

1,306 sq ft

Price per sq ft

$96

Year built

1900

Annual property taxes

$1,132

HOA

No

Price History

03/11/2025
Bright

Bright #PABK2053580

Sold
$111,000
-11.2%
02/18/2025
Bright

Bright #PABK2053580

Pending
$125,000
02/13/2025
Bright

Bright #PABK2053580

Listed
$125,000
+184.09%

Schools & Community

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

School district: 

READING

Status: Off Market

Tomo last checked: 03/14/2025 at 1:20 AM

Listing updated: 03/12/2025 at 12:11 AM

Listed by: Jose J Vazquez, Iron Valley Real Estate of Berks Phone #: (484) 450-8771

MLS: Bright #PABK2053580

Bright logo

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