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1536 Haak St
For Sale $500,000
$500,000
- 36 Units
- Unknown Sq Ft
- 6,969 Sq Ft
- Unknown Cap Rate
Description
Excellent turnkey investment opportunity at 1536 Haak Street in Reading, PA, offering 36 self-storage units in a secure, fully fenced facility. This newer construction site is 100% occupied and features a strong unit mix consisting of thirty-three 9x17 units, one 18x17 unit, and two larger 20x20 units, appealing to both personal and light commercial users. The property runs on electric utilities and benefits from high tenant demand and minimal operational oversight.
Current income is $59,212 with a net operating income (NOI) of $46,391.76, reflecting a strong 9.3% CAP rate. Pro forma projections show income potential of $70,980 and NOI of $58,801.85, pushing the CAP rate to 11.8% with modest rental increases and active management. The stable occupancy and quality infrastructure make this a high-performing asset with immediate cash flow and continued upside.
This property is part of a broader portfolio of over 500+ storage units available throughout the Reading market.
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
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Amenities
Garage
Pool
Garden
Security System
Internet
Telephone
Heating
Fireplace
Balcony & Patio
TV / Cable
Laundry
Hardwood Floors
Spa
Air Conditioning
Solar Power
Floor Plan
Great Views
Natural Light
Quiet
Water View
Elevator
Guest Unit(s)
Furnished
220 Volt
Property Details
| List Price | $500,000 |
| Property Type | Special Purpose |
| Usable Sqft | Unknown |
| Number of Stories | 0 stories |
| Parking Spots | 0 spots |
| Year Built | 1900 |
| Last Sold | Unknown |
| Sold Price | Unknown |
| APN # | 16531631385583 |
| MLS # | PABK2060538 |
| Property ID | 319691498 |
| Lot Sqft | 6,969 |
| Zoning | R-3 |
| Total Units | 36 |
| Days on Market | 137 |
| Original List Price | Unknown |
| Date Updated | July 27, 2025 |
| Date Created | July 27, 2025 |
Financials not available online. Please inquire with your agent for more details.
Listing Provided By
Beau McGettigan an agent of . Lic #RS329721
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Data last updated: December 11, 2025.
Robert Crawford
REAL ESTATE AGENT