238 S 5th St, Reading, PA 19602

Local realty services provided by:ERA Liberty Realty
238 S 5th St,Reading, PA 19602
$879,900
  • 14 Beds
  • - Baths
  • 6,206 sq. ft.
  • Multi-family
  • Active
Listed by: jimmy thelusca
Office: pagoda realty
MLS#:PABK2054900
Source:BRIGHTMLS

Price summary

  • Price:$879,900
  • Price per sq. ft.:$141.78

About this home

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!

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Home facts

  • Year built:1900
  • Listing ID #:PABK2054900
  • Added:283 day(s) ago
  • Updated:December 29, 2025 at 02:34 PM

Rooms and interior

  • Bedrooms:14
  • Living area:6,206 sq. ft.

Structure and exterior

  • Year built:1900
  • Building area:6,206 sq. ft.
  • Lot area:0.14 Acres

Utilities

  • Water:Public
  • Sewer:Public Sewer

Finances and disclosures

  • Price:$879,900
  • Price per sq. ft.:$141.78
  • Tax amount:$10,497 (2024)

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