238 S 5th Street, Reading, PA 19602Asking Price of: $849,900

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Primary property photo for 238 S 5th Street

View full listing details at http://www.homesale.com/lid=176455143

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.

Property Details

Address: 238 S 5th Street, Reading, PA 19602
Bedrooms: 0
Size: 6,206 square feet
Type: Victorian
Area: READING CITY
School District: READING
MLS ID: PABK2054900
Status: ACTIVE

Property School Information

School District: READING

Property Features

Taxes: $10,497
Basement: Yes
Exterior: Brick
Lot Size: 0.14 Acres
Lot Dimensions: 0.14 Acre(S)
Cooling: None
Year Built: 1900
Water: Public
Sewer: Public Sewer
Units: 4
One Bedroom Units: 4
Two Bedroom Units: 5
Municipality: READING CITY
Additional Structures: Above Grade,Below Grade
Location Description: Downtown
Structure Type: Interior Row/Townhouse
Appliances: Stove,Washer
Basement: Full
Exterior: Play Area
Flooring: Carpet,Hardwood,Tile/Brick,Vinyl,Wood,Other
Utilities: Electric Available,Natural Gas Available,Sewer Available,Water Available

Property information as of Tuesday, March 3, 2026 at 2:12 AM America/New_York

Listed By

Agency Name: Pagoda Realty
Agency Phone: 6109857700

Shown By

Agency Title: Berkshire Hathaway HomeServices Homesale Realty
Agency Phone: +18003833535

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