Awesome turn-key investment opportunity in the desirable Exeter School District featuring a fully-leased 2-unit property with immediate cash flow. This property offers two spacious 2-bedroom, 1-bathroom apartments. The newly renovated first floor features a custom tile shower with a stackable washer/dryer, new windows, fresh drywall and paint, plus a generously sized eat-in kitchen and family room currently rented at $1,400/month with the owner paying electric. The second floor unit features an established long-term tenant paying $1,200/month plus utilities, providing excellent income stability. Owner pays sewer for the building, averaging $100-$120/month. Well water is treated with a UV light filtration system. Both tenants are currently month-month. With $31,200 in gross annual income, 100% occupancy, recent first-floor upgrades, and strong rental rates, this turnkey property offers investors an excellent opportunity for consistent returns in a sought-after school district.

Copyright 2026 BRIGHT, All Rights Reserved. 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 The Greene Realty Group 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.Data last updated June 13, 2026. Some properties which appear for sale on this website may no longer be available because they are under contract, have Closed or are no longer being offered for sale.

Name

Your Email Address

Phone

Message Send me the deed for 197 Old Friedensburg Road Reading PA 19606 (ID#:PABK2072440)

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

Name

Your Email Address

Phone

Message Send me the survey or tax map for 197 Old Friedensburg Road Reading PA 19606 (ID#:PABK2072440)

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

Name

Your Email Address

Phone

Message I would like more information for 197 Old Friedensburg Road Reading PA 19606 (ID#:PABK2072440)

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

Listing Tools

Property Details of 197 Old Friedensburg Road

Property Details

Basic Information

Building

Location

Utilities and Appliances

Utilities and Appliances

Other Details

Finance

Map Location

Driving Directions

Listing Tools

$/month over payments

Hi there! How can we help you?

Send to a friend

Property Details of 197 Old Friedensburg Road

Property Details

Basic Information

Building

Location

Utilities and Appliances

Utilities and Appliances

Other Details

Finance

Map Location

Driving Directions

Hi there! How can we help you?

Hi there! How can we help you?

Hi there! How can we help you?