About 140 W Oley St
Investors—take a look at this 2-unit property with immediate rental income and additional income potential! Both units offer 2 bedrooms and 1 full bath.
The first-floor unit is currently rented for $1,000/month, while the second unit is vacant. The vacant unit was also rented for $1,000/month until last month, providing a clear opportunity to bring the property back to $2,000/month in potential gross rental income when both units are occupied.
Recent updates include gas furnaces installed in 2026 and water heaters installed in 2023, adding value and peace of mind for the next owner.
The property also features a detached garage and front porch and is located in Reading’s Queen Anne Historic District.
A great opportunity for an investor looking to add a two-unit property to their portfolio, or an owner-occupant looking to live in one unit while the other helps offset their housing expenses. With one unit already producing rental income and the second ready for a new tenant, this property offers flexibility and income potential from day one.
