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$879,900
233 Days On Site
238 S 5TH STREETREADING, PA 19602
For Sale|Commercial Sale|Active
0
Beds
0
Total Baths
6,206
SqFt
$142
/SqFt
1900
Built
County:
BERKS
Listing courtesy of Pagoda Realty
Call Now: 717-298-8040
Is this the listing for you? We can help make it yours.
717-298-8040
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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.
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Listing Snapshot
Price
$879,900
Days On Site
233 Days
Bedrooms
N/A
Inside Area (SqFt)
6,206 sqft
Total Baths
N/A
Full Baths
N/A
Partial Baths
N/A
Lot Size
0.14 Acres
Year Built
1900
MLS® Number
PABK2054904
Status
Active
Property Tax
$10,497
HOA/Condo/Coop Fees
N/A
Sq Ft Source
Estimated
Friends & Family
Recent Activity
| 4 days ago | Status changed to Active | |
| 4 days ago | Listing updated with changes from the MLS® | |
| a month ago | Price changed to $879,900 | |
| 8 months ago | Listing first seen on site |
General Features
Acres
0.14
Number Of Stories
3
Parking
On Street
Sewer
Public Sewer
Special Circumstances
Standard
SqFt Total
6206
Utilities
Natural Gas AvailablePhone AvailableSewer AvailableWater AvailableElectricity Available
Water Source
Public
Zoning
COMMERCIAL
Interior Features
Appliances
Electric Water HeaterGas Water Heater
Electric
100 Amp Service200+ Amp Service
Flooring
CarpetHardwoodVinylWoodOther
Heating
ElectricNatural GasOther
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Exterior Features
Construction Details
Brick
Fencing
Fenced
Lot Features
ClearedBack Yard
Roof
Other
Community Features
MLS Area
Reading City (10201)
School District
READING
Schools
School District
READING
Elementary School
Unknown
Middle School
Unknown
High School
Unknown
Listing courtesy of Pagoda Realty
The real estate listing information is provided by Bright MLS is for the consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumer may be interested in purchasing. Any information relating to real estate for sale or lease referenced on this web site comes from the Internet Data Exchange (IDX) program of the Bright MLS. This web site references real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. The accuracy of all information is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. Properties in listings may have been sold or may no longer be available. The data contained herein is copyrighted by Bright MLS and is protected by all applicable copyright laws. Any unauthorized collection or dissemination of this information is in violation of copyright laws and is strictly prohibited. Copyright © 2020 Bright MLS. All rights reserved.
The real estate listing information is provided by Bright MLS is for the consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumer may be interested in purchasing. Any information relating to real estate for sale or lease referenced on this web site comes from the Internet Data Exchange (IDX) program of the Bright MLS. This web site references real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. The accuracy of all information is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. Properties in listings may have been sold or may no longer be available. The data contained herein is copyrighted by Bright MLS and is protected by all applicable copyright laws. Any unauthorized collection or dissemination of this information is in violation of copyright laws and is strictly prohibited. Copyright © 2020 Bright MLS. All rights reserved.
Neighborhood & Commute
Source: Walkscore
Disclosure: Community information and market data powered by Constellation Data Labs. Information is deemed reliable but not guaranteed.
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