238 S 5TH STREET

READING , PA 19602

MLS#: PABK2054904

$849,900

Status: Active

Listing number: PABK2054904

Listing provided by: Pagoda Realty

Listing agent phone: None

Last update: 4 days ago

On site: 9 months ago

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Property

Beds

None

Full Baths

None

1/2 Baths

None

Year Built

1900

Sq.Footage

N/A

Excellent investment opportunity in the heart of Reading! This parcel consists of two buildings totaling nine (9) residential units — a front building with seven units and a rear building with two units. Each building is equipped with efficient gas heating, keeping utility costs manageable and appealing to tenants. The property offers a mix of at least four (4) two-bedroom units and the remaining units are large one-bedroom units, each featuring a separate bedroom, living room, and eat-in kitchen (Buyer to verify). With room to raise rents and the potential to split heating, this property presents a fantastic value-add opportunity for any investor. The buildings have historically maintained a high occupancy rate, supported by their location on a high-traffic street that ensures consistent rental demand. Whether you’re looking to expand your portfolio or start building one, this property has plenty of upside, income growth potential, and long-term stability. Bring an offer! Motivated seller—room to negotiate with a fair and reasonable offer.

Features & Amenities

Interior

Total Bedrooms

N/A
Bathrooms

N/A
Cooling YN

NO
Cooling

None
Heating YN

YES
Heating

Electric, Natural Gas, Other
Pet friendly

N/A

Exterior

Garage

No
Construction Materials

Brick
Parking

On Street
Pool

No
Waterfront YN

NO

Area & Lot

Lot Features

Cleared, Back Yard
Lot Size(acres)

0.14
Property Type

Commercial Sale

Price

Sales Price

$849,900
Tax Amount

10497.0
Sq. Footage

N/A
Price/SqFt

N/A

HOA

Association

No

School District

Elementary School

N/A
Middle School

N/A
High School

N/A

Property Features

Stories

3
Sewer

Public Sewer
Tax Lot

6684
Water Source

Public

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Location

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BERKS

Elementary School

Middle School

High School

Listing Courtesy of Jimmy Thelusca , Pagoda Realty

RealHub Information is provided exclusively for consumers' personal, non-commercial use, and it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. RealHub website owner shall not be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless.

AGENT

Amy Barfield

Call Amy today to schedule a private showing.

(814) 977-8504

amy@charisrealty.com

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Excellent investment opportunity in the heart of Reading! This parcel consists of two buildings totaling nine (9) residential units — a front building with seven units and a rear building with two units.

Each building is equipped with efficient gas heating, keeping utility costs manageable and appealing to tenants. The property offers a mix of at least four (4) two-bedroom units and the remaining units are large one-bedroom units, each featuring a separate bedroom, living room, and eat-in kitchen (Buyer to verify).

With room to raise rents and the potential to split heating, this property presents a fantastic value-add opportunity for any investor. The buildings have historically maintained a high occupancy rate, supported by their location on a high-traffic street that ensures consistent rental demand.

Whether you’re looking to expand your portfolio or start building one, this property has plenty of upside, income growth potential, and long-term stability.

Bring an offer! Motivated seller—room to negotiate with a fair and reasonable offer.

238 S 5TH STREET

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Bring an Offer!

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None Beds

None Baths

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Features & Amenities

Interior

Exterior

Area & Lot

Price

HOA

School District

Property Features

Schedule a Showing

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Listing Courtesy of Jimmy Thelusca , Pagoda Realty

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