238 S 5th Street, Reading, PA 19602

Local realty services provided by:ERA One Source Realty
238 S 5th Street,Reading City, PA 19602
$879,900
  • 9 Beds
  • 9 Baths
  • 6,206 sq. ft.
  • Townhouse
  • Active
Listed by: craig stringer
Office: pagoda realty & property mgmt
MLS#:767495
Source:PA_LVAR

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! Motivated

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Home facts

  • Year built:1900
  • Listing ID #:767495
  • Added:44 day(s) ago
  • Updated:December 17, 2025 at 07:24 PM

Rooms and interior

  • Bedrooms:9
  • Total bathrooms:9
  • Full bathrooms:9
  • Living area:6,206 sq. ft.

Heating and cooling

  • Cooling:Wall Window Units
  • Heating:Gas

Structure and exterior

  • Roof:Other
  • 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

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