Reading, PA 19604,511 BIRCH ST
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Listed by Beau McGettigan • KW Commercial
$ 150,000
Est. payment | /mo

3,485 Sqft Lot


Save
$ 150,000
Est. payment | /mo
Save

3,485 Sqft Lot

Key Details

Property Type Commercial

Sub Type Special Purpose

Listing Status Active

Purchase Type For Sale

Subdivision None Available

MLS Listing ID PABK2060532

Year Built 1941

Available Date 2025-07-28

Annual Tax Amount $854

Tax Year 2016

Lot Size 3,485 Sqft

Acres 0.08

Property Sub-Type Special Purpose

Source BRIGHT

Property Description

Excellent investment opportunity at 511 Birch Street in Reading, PA, offering 10 self-storage units with a strong history of consistent rental performance. This well-located property features an easy-to-access layout and stable long-term tenants, making it a reliable income-producing asset with minimal management requirements. Current income is $16,768 with a net operating income (NOI) of $13,929.52, generating a 9.2% CAP rate. With modest leasing optimization, pro forma projections show income rising to $18,000 and NOI to $15,000, resulting in a 10% CAP rate.

This property is part of a larger portfolio of over 500 storage units currently available for sale. With low operating costs and dependable tenancy, this site provides a strong balance of cash flow and future growth potential.

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

Location

State PA

County Berks

Area Reading City (10201)

Zoning R-3

Interior

Hot Water None

Heating None

Cooling None

Heat Source None

Exterior

Water Access N

Accessibility None

Garage N

Building

Sewer No Sewer System

Water None

New Construction N

Schools

School District Reading

Others

Tax ID 11-5317-62-13-9197

Ownership Fee Simple

Special Listing Condition Standard

Bright MLS (BMLS)
Kelly & Carl Robinson

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(973) 500-3253

info@carellyrealty.com

549 Millburn Ave, Short Hills, NJ, 07078-3330, USA

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511 BIRCH ST