511 BIRCH ST Active Save Request In-Person Tour Request Virtual Tour
Reading,PA 19604
Key Details
Property Type Commercial
Sub Type Special Purpose
Listing Status Active
Purchase Type For Sale
Subdivision None Available
MLS Listing ID PABK2060532
Year Built 1941
Available Date 2025-07-28
Annual Tax Amount $854
Tax Year 2016
Lot Size 3,485 Sqft
Acres 0.08
Property Sub-Type Special Purpose
Source BRIGHT
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
Location
State PA
County Berks
Area Reading City (10201)
Zoning R-3
Interior
Hot Water None
Heating None
Cooling None
Heat Source None
Exterior
Water Access N
Accessibility None
Garage N
Building
Sewer No Sewer System
Water None
New Construction N
Schools
School District Reading
Others
Tax ID 11-5317-62-13-9197
Ownership Fee Simple
SqFt Source Estimated
Special Listing Condition Standard