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1039 Walnut Street

Reading, PA 19601

– beds
– baths
2,010 sqft
1,306 sqft lot
$116 per sqft
1900 build

One of the most important things to consider when buying an investment is what bills you (the owner) are going to get stuck with having to pay. The tenants here each pay for their own heat which is affordable natural gas, their own hot water - gas again, and their own electric. What the tenants won't be stuck with is paying an electric bill that includes electric baseboard heat - which is very costly to them! They very much appreciate having gas heat - more affordable and more reliable! That leaves you, the owner, with having to pay just the water/sewer/trash bill which in 2024 came to $2,001 FOR THE YEAR! Extremely reasonable!! Both these units have been upgraded, both have 2 private bedrooms and both are quite spacious!! 1st floor rents for $845 and the 2nd floor rents for $975. On top of that there are 2 parking spaces behind the building which are rented out at $75 per space. This has everything a savvy investor looks for in a property - schedule your showing today!!

Listing courtesy of BRIGHT / A G Binkley Jr Real Estate

Last checked: Checking… • Last updated Feb 21, 2025 •

MLS# PABK2053710 —

The Building

Year Built:

1900
Year Built Source:

Assessor
New Construction:

No
Construction Materials:

Brick, Vinyl Siding
Building Units Total:

2
Structure Type:

End of Row/Townhouse
Architectural Style:

Traditional
Accessibility Features:

None
Foundation Details:

Stone
Total SqFt Source:

Assessor
Total Below Grade SqFt Source:

Assessor
Tax Total Finished SqFt:

2010

Interior

Fireplace:

No
Living Area SqFt Source:

Assessor

Room Dimensions

Total SqFt:

2010
Living Area SqFt:

2,010 Sqft

Financial & Terms

Sale Type:

Standard
Possession:

Immediate

Location

Directions:

Just below N. 11th Street, less than a half a block from City Park.
Latitude:

40.33849000
Longitude:

-75.91663000

The Property

Property Type:

Multi-Family
Property Subtype:

Duplex
Lot Size Units:

Square Feet
Lot Size Acres:

0.03
Lot Size Source:

Assessor
Lot Size Dimensions:

0.00 x 0.00
Lot Dimensions Source:

Assessor
Lot SqFt:

1,306 Sqft
Zoning:

RES
Other Structures:

Above Grade, Below Grade
Waterview:

No
Waterfront:

No
Water Oriented:

No
Water Access:

No
Navigable Water:

No
Tidal Water:

No
Land Use Code:

138R
Riparian Rights:

No

Listing Agent

Contact info:

Taxes

Tax ID Number:

09-5317-69-01-9452
Tax Year:

2024
Tax Lot:

9452
Tax Annual Amount:

$1,532
Tax Assessed Value:

$34,500
Year Assessed:

2024
School Tax:

619.0
County Tax:

288.00
City/Town Tax:

625.00
Total Taxes Payment Frequency:

Annually

Heating & Cooling

Cooling Type:

None
Central Air:

No
Cooling Fuel:

None
Heating:

Yes
Heating Type:

Forced Air
Heating Fuel:

Natural Gas

Utilities

Sewer/Septic:

Public Sewer
Hot Water:

Natural Gas
Water Source:

Public

Schools

School District Name:

Reading
School District Source:

Listing Agent

The Community

Pool:

No Pool

Parking

Total Garage and Parking Spaces:

2
Garage:

No
Type of Parking:

Parking Lot
Parking Lot - # of Spaces:

2

Extra Units

Vacation Rental:

No
Two Bedroom Units:

2

Explore the Area

My Commute

From

Walk Score®

Provided by WalkScore® Inc.

Bike Score®

Provided by WalkScore® Inc.

Soundscore™

Provided by HowLoud

Sale history

Date	Event	Source	Price	% Change
2/20/25 Feb 20, 2025	Listed / Active	BRIGHT	$234,900

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This multifamily located in Southeast Reading, Reading, PA 19601 is currently for sale for $234,900. 1039 Walnut Street is a 2,010 square foot multifamily with – beds and – baths. 1039 Walnut Street is in the Southeast Reading neighborhood of Reading and has a WalkScore® of 84, making it very walkable. This multifamily is in the attendance area of Reading Intermediate High School, Reading Senior High School, and Tenth And Penn Elementary School.

Listing Courtesy of: BRIGHT and A G Binkley Jr Real Estate.

The information included in this listing is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The information on each listing is furnished by the owner and deemed reliable to the best of his/her knowledge, but should be verified by the purchaser. BRIGHT MLS and Estately assume no responsibility for typographical errors, misprints or misinformation. This property is offered without respect to any protected classes in accordance with the law. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller.