1. Pennsylvania
2. Reading
3. 741 CHURCH ST

741 CHURCH ST, Reading, PA 19601

Property Description

741 Church Street in Reading, PA presents a well-balanced mixed-use investment featuring 12 self-storage units alongside a leased residential 4-bedroom home. The storage mix includes (2) 10x10 units and a 20x35 garage, offering a versatile range of sizes suited for residential or commercial tenants. The property benefits from strong historical occupancy and a track record of long-term tenancy, with 100% of the units currently leased. Current income is $36,267 with a net operating income (NOI) of $28,372.95, reflecting a solid 10.3% CAP rate. The pro forma income projects $40,000 with an NOI of $32,000, resulting in an improved CAP rate of 11.6%. With low maintenance costs, dependable tenancy, and a mix of income streams, this asset is a compelling opportunity for investors seeking stability and upside in a diversified storage/residential setup. 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:

PABK2060558

Interior

• A/C: None
• Heating: Forced AirNatural Gas
• Disability Feature: None

Construction

Location

Lot

Utilities

Financial

This listing courtesy of Beau McGettigan, KW Commercial