Reading, PA 19601 741 Church Street

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