$150,000

511 BIRCH ST, Reading, PA 19604

  • Property Icon other
  • Property Year Built Icon Built in 1941
  • Property Lot Size Icon3,485sqft lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $——/sqft
  • Property List Date Icon Listed 1 day ago

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

Listing Status:
Active
Date Added:
July 28, 2025 at 05:00AM
Listing Office:
KW Commercial : 2156641091
Listing Agent:
Beau McGettigan : 2153603540
MLS ID:
PABK2060532
  • A/C: None
  • Heating: None
  • Disability Feature: None

This listing courtesy of Beau McGettigan, KW Commercial

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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Location

Schools Nearby

1

13th and Green Elementary School

501 N 13th St, Reading, PA, 19604

Grades PK-4

0.06 miles away

C

Central Middle School

215 N 12th St, Reading, PA, 19604

Grades 5-8

0.31 miles away

R

Reading Senior High School

801 N 13th St, Reading, PA, 19604

Grades 9-12

0.27 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.

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