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For sale
  • Price cut: $25K (9/23)
    $450,000

    1101 Chestnut St, Reading, PA 19602

    5beds
    --baths
    --sqft
    : 
    Townhouse
    Built in 1900
    -- sqft lot
    $451,000 Zestimate®
    $--/sqft
    $-- HOA

    What's special

    High-visibility corner lotSpacious and flexible layoutWell-designed layoutExcellent street exposure
    Prime Investment Opportunity – 1101 Chestnut St, Reading, PA 19602. Unlock the potential of this versatile mixed-use commercial property located in the heart of Reading! Positioned on a high-visibility corner lot, 1101 Chestnut Street offers immediate income potential and long-term growth—an ideal opportunity for investors or owner-occupants. First Floor –Commercial Space (Vacant): Spacious and flexible layout, perfect for retail, office, or a service-based business. Features excellent street exposure and high foot traffic, making it an ideal spot for entrepreneurs looking to launch or expand. Second Floor Unit 1: 1 Bedroom, 1 Bathroom – A well-designed layout offering comfort and privacy. Unit 2: Studio Apartment – Cozy and efficient, perfect for a single tenant. Unit 3: 3 Bedrooms, 1 Bathroom – Spacious and versatile, ideal for small families or shared living. Each residential unit has a separate entrance, enhancing convenience and privacy for tenants. With a mix of residential rental income and a vacant commercial space ready for occupancy or leasing, this property delivers solid cash flow potential and flexibility. Don’t miss your chance to own a multi-use building in a growing area—schedule your private showing today!
    190 days
    |
    255
    |
    8
    |

    Zillow last checked: 8 hours ago

    Listing updated: September 23, 2025 at 07:20am

    Listed by:

    Mr. Nehemiah J Lindo 484-784-8113,

    Realty One Group Alliance 6104848663

    Source: Bright MLS,MLS#: PABK2058530MLS Logo

    Tour with a local agent

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 5
    Basement
    • Area: 0
    Heating
    • Baseboard, Electric
    Cooling
    • None
    Appliances
    • Included: Electric Water Heater
    Features
    • Basement: Partially Finished
    • Has fireplace: No
    Interior area
    • Total structure area: 0

    Property

    Parking
    • Total spaces: 2
    • Parking features: Garage Faces Rear, Attached
    • Attached garage spaces: 2
    Accessibility
    • Accessibility features: None
    Features
    • Pool features: None
    Lot
    • Size: 2,178 Square Feet
    Details
    • Additional structures: Above Grade, Below Grade
    • Parcel number: 03531621191144
    • Zoning: COMMERCIAL MIXED USE
    • Special conditions: Standard

    Construction

    Type & style
    • Home type: MultiFamily
    • Architectural style: Other
    • Property subtype: Townhouse
    Materials
    • Brick, Stucco
    • Foundation: Other
    Condition
    • New construction: No
    • Year built: 1900

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public

    Community & HOA

    Location
    • Region: Reading
    • Municipality: READING CITY

    Financial & listing details

    • Tax assessed value: $39,200
    • Annual tax amount: $1,767
    • Date on market: 6/10/2025
    • Listing agreement: Exclusive Right To Sell
    • Ownership: Fee Simple
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    Estimated market value

    $451,000

    $428,000 - $474,000

    $1,377/mo

    Price history

    Price history
    DateEventPrice
    9/23/2025Price change$450,000-5.3%
    Source: Bright MLS #PABK2058530 Report a problem
    6/10/2025Listed for sale$475,000+955.6%
    Source: Bright MLS #PABK2058530 Report a problem
    12/22/2020Sold$45,000-50%
    Source: Public Record Report a problem
    6/12/2018Listing removed$90,000
    Source: Keller Williams Platinum Realt #1004933233 Report a problem
    6/4/2018Listed for sale$90,000-33.3%
    Source: Keller Williams Platinum Realt #1004933233 Report a problem

    Public tax history

    Public tax history
    YearProperty taxesTax assessment
    2025$1,767 +1.5%$39,200
    2024$1,741 +1.6%$39,200
    2023$1,714 $39,200

    Find assessor info on the county website

    BuyAbility℠ payment

    Est. payment
    $2,895/mo
    Principal & interest
    $2167
    Property taxes
    $570
    Home insurance
    $158

      Climate risks

      Neighborhood: 19602

      Nearby schools

      GreatSchools rating
      Schools provided by the listing agent
      • District: Reading

      Source: Bright MLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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