1237 CARBON Street

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Address: 1237 Carbon St, Reading, PA 19601, USA
New York & Tri-State + 2-4 Units
Created date: October 7, 2026
Date last updated: October 7, 2026
Price: $309,900Investment Analyzer NEW!

Property Description

Back on the market due to buyer's financing falling through. Rare opportunity! Welcome to 1235-1237 Carbon Street-situated in a established neighborhood, this unique property offers great upside potential. The main house is a 3Br/1.5B (one bedroom is a small walkthrough better suited to be used as an office) 2 story home with good bones. For the right buyer, a few cosmetic updates will create instant equity. The 2Br/1Ba 800sqft apartment over the 2 car detached garage is perfect for a multi-generational family to occupy both units, a house-hacker looking to live in the front unit while letting the back unit offset the mortgage, or a savvy investor looking for immediate turn-key gross revenue potential ($2,700-$2,800/month). The apartment was completely remodeled in 2021/2022. A prime location for outdoor enthusiasts with access to the neighborhood trail connecting Glenside Park to Blue Marsh Lake, or take a quick 3-mile ride to Gring's Mill, or hop on the Thun Trail! This location is also great for those who commute with quick access to major routes such as Rt 12, Rt 222/422, and Rt 183. Schedule a showing today!

Key Property Information

Listing Status: Available
Listing Type: Call for offers
Property Types: 2-4 Units
Price: $309,900
No. of Units: 2
Year Built: 1950
Lot Size: 2,060.00 Sq ft
Opportunity Zone: No
Price per unit: $154,950
Property Website Click Here
Number of Bedrooms: 0
Number of Bathrooms: 0
Address: 1237 CARBON Street, READING, PA 19601, USA
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Step 1Financing Calculation

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Step 2Gross Rent Analysis

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Step 3Final Deal Analysis

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