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Listed price in listed location currency (USD).
$879,900

990

MLS® 767495

  • Key Facts
  • Description
  • Rooms
  • Map

Key Facts

Type Apartment
Levels Residential
Size 6206 sqft
Garage No
HOA Fees 
Taxes $10,497
Days Active 32
Approx. Age 1900
Avg. Price Per Sqft $141
MLS® Number 767495

Property Address: 238 S 5th St, Reading, PA, 19602-1845

Average square foot calculated using Size range provided by listing agent.

Description

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. Buyer to Verify Measurements and Square Footage.
MLS® Number767495
Locker
Ensuite LaundryNo
Balcony
Furnished
Laundry Level
Exposure
Exterior
GarageNo
Approx. Age1900
Stories
Pets

Included in Maintenance Fee

Heat
Hydro
Water
Building Insurance
Condo Taxes
Cable TV
Central Air
Parking Maintenance

Utilities

Heat
A/C
Heating Fuel

Extras

Rooms

Bathroom 3:Third Floor12 × 10 ft
Bathroom 4:Second Floor12 × 10 ft
Bathroom 2:Third Floor12 × 10 ft
Bathroom 1:Third Floor12 × 10 ft
Bathroom 5:Second Floor12 × 10 ft
Bedroom 1:Third Floor10 × 20 ft

Similar Listings

Price History

-End Date
Not Sold YetSold Price

For Sale

Nov 3, 2025List Date
$879,900List Price
  • Commute

Commute

Starting Address
Destination Address
238 S 5 Th St, Reading, PA

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