Listed by Mini J Castaneda of Coldwell Banker Realty
Excellent Investment Opportunity in Reading, PA! Don't miss this fantastic opportunity to own a 4-unit semi-detached multifamily property at 115 Windsor Street, Reading, PA 19601! Ideally located in a convenient area, this property offers excellent potential for investors looking to expand their rental portfolio or begin their journey into multifamily real estate investing. Featuring four separate residential units, this property offers the potential for multiple rental income streams. The unit mix includes two 1-bedroom apartments, one 2-bedroom apartment, and one 3-bedroom apartment. The 1-bedroom units rent for $900 each, the 2-bedroom unit rents for $1,000, and the 3-bedroom unit rents for $1,300. One 2-bedroom unit is currently vacant, providing an opportunity for a new owner to increase rental income. The annual gross income is $49,200, with annual operating expenses totaling $14,867, including $3,047 in real estate taxes, $2,000 in insurance, $3,600 for WSTR $100 for permits, $1,200 in electricity, and $4,920 for property management (10% of gross income). This results in a reported net operating income (NOI) of $34,333 and an approximate 9% cap rate. Conveniently situated near downtown Reading, public transportation, shopping, restaurants, and everyday amenities, this property presents an attractive opportunity for experienced investors and first-time multifamily buyers alike. Explore the potential to build wealth through real estate with this income-producing investment! Schedule your showing today and discover the possibilities this property has to offer! Buyer to verify all financial information, rental amount

Listing Tools

Property Details of 115 Windsor Street

Property Details

Interior Features

Utilities and Appliances

Other Details

Map Location

Copyright 2026 BRIGHT, All Rights Reserved.  Information Deemed Reliable But Not Guaranteed. The data relating to real estate for sale on this website appears in part through the BRIGHT Internet Data Exchange program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms in which Sellin with Elin participates, and is provided by BRIGHT through a licensing agreement. The information provided by this website is for the personal, non-commercial use of consumers and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.Data last updated October 27, 2026. Some properties which appear for sale on this website may no longer be available because they are under contract, have Closed or are no longer being offered for sale.

Hi there! How can we help you?

Contact us using the form below or give us a call.

Send Us A Message:

I agree to be contacted by Sellin with Elin via call, email, and text for real estate services. To opt out, you can reply 'stop' at any time or reply 'help' for assistance. You can also click the unsubscribe link in the emails. Message and data rates may apply. Message frequency may vary. Privacy Policy.

Do not fill in this field:

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

Hi there! How can we help you?

Contact us using the form below or give us a call.

Send Us A Message:

Do not fill in this field:

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

Hi there! How can we help you?

Contact us using the form below or give us a call.

Send Us A Message:

Do not fill in this field:

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

Do not fill in this field:

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

Do not fill in this field:

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

Do not fill in this field:

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

$

Do not fill in this field:

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.