#PABK2050442, Ashlee Perez, Listing office: Keller Williams Platinum Realty - Wyomissing
Property details
About 383 Schuylkill Ave
Prime Investment Opportunity: Mixed-Use Corner Building with Commercial & Residential Income Discover an exceptional investment opportunity with this meticulously maintained, four-unit corner building, boasting over 5,000 square feet of versatile space. Perfectly situated for maximum visibility and accessibility, this property offers a compelling blend of established commercial presence and fully rented residential income, making it an ideal acquisition for savvy investors. The expansive first floor features a prominent commercial storefront, previously operating as a successful daycare facility. This versatile space is ready for a new business venture, offering ample room for retail, office, or service-oriented enterprises. Adding significant value, the commercial unit also includes two dedicated offices conveniently located on the second floor, providing excellent administrative or private workspace solutions. Projected Rent: $2500 per month. The upper floors are thoughtfully designed to maximize residential appeal and income. The second floor unit (Unit #1) is a spacious living room/dining room combination, a well-appointed kitchen, a full bathroom, and two bedrooms, renting for $1,100 per month. Ascend to the third floor (Unit #2) with a similar layout to unit 1 with a living room/dining combo, kitchen, 2 bedrooms and 1 full bath, renting for $975.00 per month. Also on the third floor (Unit #3) is this unique unit which is characterized by its open 1-bedroom loft design and an abundance of natural light. This unit offers a contemporary living experience renting for $900.00 per month. All residential units are currently fully rented, providing an immediate and stable income for the new owner from day one. This property represents a rare chance to acquire a turn-key investment with significant upside potential. Don't miss the opportunity to add this income-generating asset to your portfolio. Contact us today to schedule a private showing and explore the full potential of this exceptional property!
Highlights
Home typeQuadruplex
HeatingForced Air
StatusActive
(ACTIVE)
(ACTIVE)
CoolingCentral Air
Size5,100 sqft
BasementYes
Lot size0.05 Acres
Year built1995
ParkingOn Street
MLS #PABK2060504
Summary
- Basement: Yes
- Parking: On Street
- Architectural Style: Traditional
- Heating: Forced Air
- Cooling: Central Air
- List Price: $479,900
- Price/SqFt: $94
- Annual Tax Amount: $2,843
- Tax Year: 2024
- Directions: Penn Ave to n Fifth Ave, right on Buttonwood to Schuylkill Ave, Property on right.
- Year Built: 1995
- Living Area: 5,100 SqFt
- Municipality: Reading City
- Lot Size: 0.05 Acres
- MLS Number: PABK2060504
- MLS Name: BRIGHT
- Office Name: Coldwell Banker Realty
- Office Phone: (610) 373-9900
- Listing Agent: Angela S. Tolosky
- Agent Phone: (484) 989-7053
- Agent Email: angela.tolosky@cbrealty.com
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 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. Some properties which appear for sale on this website may no longer be available because they are under contract, have sold or are no longer being offered for sale. 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. This home sale information is not to be construed as an appraisal and may not be used as such for any purpose.
BRIGHT MLS is the (or a) provider of this home sale information and has compiled content from various sources. Some properties represented may not have actually sold due to reporting errors. ©2025 BrightMLS. All rights reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 7/31/2025, 11:45:39 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Price information
Property sales
| Date | Event | Price |
|---|---|---|
| Jul 06, 2016 | Home Sold | $155,000 |
| Jun 07, 2012 | Home Sold | $138,000 |
| Mar 03, 2006 | Home Sold | $150,000 |
Tax history
| Year | Assessment | Property Tax |
|---|---|---|
| 2024 | $107,400 | $2,843 |
| 2023 | $107,400 | $4,695 |
| 2022 | $107,400 | $4,695 |
| 2021 | $107,400 | $4,695 |
| 2020 | $107,400 | $4,647 |
| 2019 | $107,400 | $4,647 |
| 2018 | $107,400 | $4,647 |
| 2017 | $107,400 | $4,617 |
History based on county public records data.
Nearby schools
6
Lauer's Park Elementary School
Public District PK-4
0.3 mi
•251 N 2nd St
5
Northwest Area Elementary School
Public District PK-4
0.6 mi
•820 Clinton St
6
West Reading Elementary Center
Public District 5-6
0.7 mi
•421 Chestnut St
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $34,048. Typical income of Reading, PA residents is less than $<35k annually. The majority of families are single, no kids. The majority of residents in this area have high school diploma education.
How much money do the neighbors make?
51%
<35k
30%
35k-100k
19%
100k-200k
0%
200k+
What level of education do the neighbors have?
No High School
High School Diploma
Post Secondary Degree
Masters Degree
What types of families live nearby?
38%
Single, No Kids
36%
Single, with Kids
14%
Married, No Kids
12%
Married, with Kids
Are the neighbors home owners or renters?
Home Owners
Renters
How old are people in this area?
21%
<11 yrs old
9%
12-17 yrs old
27%
18-34 yrs old
35%
35-64 yrs old
8%
65+ yrs old
What do the neighbors do for fun?
Mexican League Soccer
NHRA Drag Racing
Pro Boxing
Where do the neighbors shop?
Burlington
Big Lots
Family Dollar
Where do the neighbors go to eat?
Church's Chicken
Golden Corral
Popeyes
What do the neighbors drive?
Chevrolet
Kia
Dodge
What do the neighbors listen to?
Urban Adult Contemporary
Adult Standards- Urban Contemporary
All data provided by Home Junction and Claritas
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Frequently asked questions
About 383 Schuylkill Ave
The listing price of 383 Schuylkill Ave property is $479,900.
The property 383 Schuylkill Ave is a multi located in Reading, Pennsylvania, 19601.
Active Listing: 383 Schuylkill Ave is For Sale (Active/New) which means the seller is accepting offers.
The nearby schools for 383 Schuylkill Ave are: Lauer's Park Elementary School (GreatSchools Rating 6/10), Northwest Area Elementary School (GreatSchools Rating 5/10), West Reading Elementary Center (GreatSchools Rating 6/10), Northwest Middle School (GreatSchools Rating 4/10), Southwest Middle School (GreatSchools Rating 4/10), Southern Middle School (GreatSchools Rating 4/10), Reading Senior High School (GreatSchools Rating 2/10), Wyomissing Area Jr. / Sr. High School (GreatSchools Rating 5/10), Governor Mifflin High School (GreatSchools Rating 5/10).
According to the records, the last property tax for 2024 is $2,843 (source: MLS/based on county public records data).
The last sale was on July 6, 2016 for $155,000 (source: MLS/tax record).
The property 383 Schuylkill Ave is 5,100 SqFt (source: MLS/tax record).
The year of construction for 383 Schuylkill Ave is 1995.
This home is located at 383 Schuylkill Ave in Reading, PA and zip code 19601 in the Northwest Reading neighborhood. This 5,100 square foot home, which was built in 1995, sits on a 0.05 acre lot. Features: 0 bathroom. It has been listed on Rocket Homes since July 30, 2025 and is currently priced at $479,900.
The inventory of homes for sale in Reading, PA between May and June 2025 increased by 92.2%. The median list price of listings available in June 2025 was $279,900, while the average time on the real estate market was 40 days.
From Rocket Homes Real Estate and based on county public records data.