Sold
Last Sold Price
3,748 sqft
622 N 3rd St, Reading, PA 19601
Multi FamilyProperty Type
0.21 acresLot Size
1900Year Built
$120/sq ftPrice per sq ft
13 carsParking Spaces

Description

Excellent opportunity to add a cash-flowing asset to your portfolio. This unique investment property features 3 fully rented residential units plus 13 rented garages, providing multiple streams of income and strong monthly cash flow. Currently generating approximately $4,680 per month in gross rental income. Whether you're a seasoned investor looking to expand your portfolio or seeking a stable income-producing property, this is an opportunity you won't want to miss. The property has demonstrated...Excellent opportunity to add a cash-flowing asset to your portfolio. This unique investment property features 3 fully rented residential units plus 13 rented garages, providing multiple streams of income and strong monthly cash flow. Currently generating approximately $4,680 per month in gross rental income. Whether you're a seasoned investor looking to expand your portfolio or seeking a stable income-producing property, this is an opportunity you won't want to miss. The property has demonstrated strong rental demand. Conveniently located near local amenities, major routes, and employment centers.
Income-producing properties with this combination of residential units and garage rentals are hard to find. Schedule your showing today!

Listing Agent

  1. Aida Sanchez

    Aida Sanchez

    Listing Agent

    Coldwell Banker Realty

    P: (484) 345-1752

Listing closed: 08/14/2026 12:00 AM • Source: BRIGHT, MLS#: PABK2073562

Location

Sold By EXP Realty, LLC

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$2,740 per month

30 year fixed, 7.03% Interest

Principal and Interest

$2,402

Property Taxes

$337

HOA Dues

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Property Information for 622 North 3rd Street

Property Details
  • Taxes: $4,048 / year
  • MLS Type: Multi-Family / Fee Simple
  • County: Berks County
  • Tax ID Number: 14-5307-58-63-6820
  • Ownership: Fee Simple
  • Structure Type: Twin/Semi-Detached
  • Style: Colonial
  • Waterfront: No
  • Garage: Yes
  • Expected On Market Date: 06-26-2026
  • Municipality: READING CITY
  • Total Parking Spaces: 13
  • Central Air: No
  • Above Grade Finished SQFT: 3,748.00
  • Above Grade Fin SQFT Source: Assessor
  • Below Grade Finished SQFT: .00
  • Below Grade Fin SQFT Source: Assessor
  • Below Grade Unfinished SQFT: .00
  • Below Grade Unfin SQFT Source: Assessor
  • Total Below Grade SQFT: .00
  • Total Below Grade SQFT Source: Assessor
  • New Construction: No
Building Information
  • Residences: 3
  • Year Built: 1900
  • Lot Size: 0.21 AC / 9,147 SF
Location
Location
  • School District Name: READING
  • School District County ID: 300200397169
  • SchoolDistrictSource: Listing Agent
  • County: BERKS
  • MLS Area: Reading City (10201)
Waterfront / Water Access
Waterfront / Water Access
  • Water View: No
  • Water Access: No
  • Water Oriented: No
  • Navigable Water: No
  • Tidal Water: No
  • Riparian Rights Y/N: No
Taxes and Assessment
Taxes and Assessment
  • Tax Year: 2025
  • Tax Assessed Value: $87,700
  • Year Assessed: 2026
  • County Tax: $790
  • Improvement Assessed Value: $70,900
  • City Town Tax: $1,685
  • Land Assessed Value: $16,800
  • Clean Green Assessed: No
  • Land Use Code: 138
  • Zoning: MULTI FAMILY
  • Tax Lot: 6820
  • School Tax: $1,572
  • Automatically Update Tax Values Y/N: Yes
Unit Information
Unit Information
  • Single Room Units Count: 0
  • One Bedroom Units Count: 0
  • Two Bedroom Units Count: 2
  • Three Bedroom Units Count: 1
  • Units Leased Count: 3
Financial Information
Financial Information
  • Existing Lease Type: Long Term
Building Info
Building Info
  • Building Units Total: 3
  • Total Finished SQFT: 3,748.00
Lot / Land Information
Lot / Land Information
  • Lot Size Source: Assessor
  • Lot Size Dimensions: 0.00 x 0.00
  • Lot Dimensions Source: Assessor
  • Parcel ID: 1454368
Parking
Parking
  • Type Of Parking: Parking Garage
  • Parking Garage - # of Spaces: 13
  • Total Garage Spaces: 13
  • Garage Features: Garage - Front Entry, Garage - Rear Entry
Interior Features
Interior Features
  • Fireplace: No
  • Accessibility Features: None
Exterior Features
Exterior Features
  • Pool: No Pool
Utilities
Utilities
  • Heating: Yes
  • Cooling Type: None
  • Cooling Fuel: None
  • Heating Type: Hot Water
  • Heating Fuel: Natural Gas
  • Hot Water: Electric
  • Water Source: Public
  • Sewer Septic: Public Sewer
Confidential Data
Listing Office
  • List Agent AOR: Reading-Berks Association of REALTORS

Property History for 622 North 3rd Street

DateEvent & SourcePriceAppreciation
Aug 14, 2026

Closed

BRIGHT #PABK2073562

$450,000—
Jul 16, 2026

Price Change

BRIGHT #PABK2073562

$466,000—
Jul 15, 2026

Pending

BRIGHT #PABK2073562

—
DateEvent & SourcePrice
08/14/2026

Closed

BRIGHT #PABK2073562

$450,000
07/16/2026

Price Change

BRIGHT #PABK2073562

$466,000
07/15/2026

Pending

BRIGHT #PABK2073562

—

For completeness, we often displays two records for one sale: the MLS record and the public record.

Public Records for 622 North 3rd Street

Taxable ValueLand$16,800Additions$70,900Total$87,700
Tax Record2026$2,476 ($206 / month)
Home Facts
Baths3Total Finished SqFt3,748 SqFtAbove Grade Finished SqFt3,748 SqFtStories3Lot Size9,148 SqFtStyleMulti-Family Dwelling (2-4)Year Built1900Year Renovated1900CountyBERKSAPN14-5307-58-63-6820

Schools near 622 North 3rd Street

This home is within Reading School District.
Rating
School
Type
Grades
Distance
Public - PK to 4
Public - 5 to 8
Public - 9 to 12
Private - PK to 8
Rating
School
Distance
Riverside El School
PublicPK to 4

Central Middle School
Public5 to 8

Reading Senior High School
Public9 to 12

St Margaret School
PrivatePK to 8

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of any information, descriptions or measurements (including square footage measurements and property condition), such should be independently verified through appropriate means, including, but not limited to, in person inspection and public records, and Compass International Holdings, its subsidiaries, affiliates and independently owned and operated franchisees, and their affiliated agents and associated third parties expressly disclaim any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the seller's discretion. No financial or legal advice provided. Equal Housing Opportunity.

Based on information from one of the following Multiple Listing Services: BRIGHT, Greater LeHigh Valley Regional MLS, Greator Scranton Board of REALTORS® and Pocono Mountains Association of REALTORS®. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by BRIGHT, Greater LeHigh Valley Regional MLS, Greator Scranton Board of REALTORS® and Pocono Mountains Association of REALTORS® is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.