Sheldon Zimmerman
Peak Asset Realty
(223) 216-2011
213 Total Sales
2 in Wyomissing
$285K - $450K Price Range
247 S 5th St Reading, PA 19602
Wyomissing Area
Studio
--
Baths
5,355
Sq Ft
3,049
Sq Ft Lot
Highlights
- City View
- Wood Flooring
- Downtown Location
- Traditional Architecture
- Corner Lot
- Hot Water Heating System
About This Home
As of March 2023Located in the Callowill Historic District with 6 two-bedroom residential units, 1 rented garage space, and 7 secure storage spaces in the basement available to rent for added income, this property will be a great addition to your portfolio! Roof is estimated to be less than 10 years old. Economical natural gas boiler and separate water heater services the entire building. Tenants pay monthly rent, electric and cable/internet if desired. Owner pays water, sewer trash heating and electric in the common area. All 6 units are TWO bedrooms per unit. Close to local shopping and entertainment; with the luxury of easy transportation options! (close to major highways and local bus stops). Schedule today to make this Reading property your next greatest investment! Serious buyers only! Proof of Funds or Valid Pre-Approval is required before showing as well as 48hr notice.
Last Agent to Sell the Property
(610) 898-1441 frontdesk1110@kw.com Keller Williams Platinum Realty - Wyomissing License #RS331030 Listed on: 01/28/2023
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $4,289
Year Built
- Built in 1906
Lot Details
- 3,049 Sq Ft Lot
- Lot Dimensions are 115 x 25
- Downtown Location
- Corner Lot
- Historic Home
- Property is in good condition
Home Design
- Traditional Architecture
- Brick Exterior Construction
- Stone Foundation
Interior Spaces
- 5,355 Sq Ft Home
- City Views
- Unfinished Basement
- Interior Basement Entry
Flooring
- Wood
- Laminate
- Tile or Brick
Parking
- Public Parking
- On-Street Parking
Schools
- Tyson-Schoener Elementary School
- Southwest Middle School
- Reading High School
Utilities
- Window Unit Cooling System
- Radiator
- Heating System Uses Natural Gas
- Hot Water Heating System
- 60 Gallon+ Natural Gas Water Heater
- Municipal Trash
Listing and Financial Details
- Tax Lot 9536
- Assessor Parcel Number 04-5306-35-78-9536
Community Details
Overview
- 4 Units
- 3-Story Building
- Callowhill Subdivision
Building Details
- Insurance Expense $3,477
- Maintenance Expense $2,000
- Manager Expense $3,564
- Trash Expense $8,625
- Operating Expense $26,905
- Gross Income $71,280
- Net Operating Income $40,811
Ownership History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jan 28, 2023
Closed on
Mar 15, 2023
Sold by
Reading Apartments Llc
Bought by
Seller's Agent
Tyler Miller
Keller Williams Platinum Realty - Wyomissing
Buyer's Agent
SANDEEP SOOD
Equity MidAtlantic Real Estate
List Price
$450,000
Sold Price
$425,000
Premium/Discount to List
-$25,000
-5.56%
Views
54
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$319,000
Outstanding Balance
$306,109
Interest Rate
6.32%
Mortgage Type
New Conventional
Purchase Details
Closed on
Apr 15, 2021
Sold by
Arce Jeanette
Bought by
Reading Apartments Llc
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$212,000
Interest Rate
3%
Mortgage Type
Credit Line Revolving
Purchase Details
Closed on
Sep 15, 2006
Sold by
Petroski Walter L
Bought by
Arce Jeanette
Purchase Details
Closed on
Jun 18, 2004
Sold by
Petroski Walter L
Bought by
Petroski Walter L
Home Values in the Area
Average Home Value in this Area
Agents Specializing in Reading, PA
-
Sheldon Zimmerman
-
Jerry Buffa
Jerry Buffa
Coldwell Banker Realty
(484) 878-3654
151 Total Sales
9 in Wyomissing
$135K - $395K Price Range
-
Erica Fair
Erica Fair
Iron Valley Real Estate of Berks
(484) 388-4814
158 Total Sales
6 in Wyomissing
$135K - $500K Price Range
-
Anthony Borelli
Anthony Borelli
Century 21 Gold
(484) 755-3767
268 Total Sales
23 in Wyomissing
$65K - $900K Price Range
-
Brandon Hostetter
Brandon Hostetter
Responds QuicklyColdwell Banker Realty
(223) 216-2014
135 Total Sales
1 in Wyomissing
$322,500 Price
-
Craig Hartranft
Craig Hartranft
Berkshire Hathaway HomeServices Homesale Realty
(717) 537-0950
863 Total Sales
1 in Wyomissing
$365,000 Price
Purchase History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| $425,000 | -- | ||
| Reading Apartments Llc | $265,000 | Colonial Title Llc | |
| Arce Jeanette | $170,000 | None Available | |
| Petroski Walter L | -- | -- |
Source: Public Records
Mortgage History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | $319,000 | ||
| Previous Owner | Reading Apartments Llc | $212,000 |
Source: Public Records
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 03/23/2023 03/23/23 | Sold | $425,000 | -5.6% | $79 / Sq Ft |
| 02/02/2023 02/02/23 | Pending | -- | -- | -- |
| 01/28/2023 01/28/23 | For Sale | $450,000 | -- | $84 / Sq Ft |
Source: Bright MLS
Tax History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2026 | $2,769 | $98,100 | $30,000 | $68,100 |
| 2025 | $2,663 | $98,100 | $30,000 | $68,100 |
| 2024 | $4,356 | $98,100 | $30,000 | $68,100 |
| 2023 | $4,289 | $98,100 | $30,000 | $68,100 |
| 2022 | $4,289 | $98,100 | $30,000 | $68,100 |
| 2021 | $4,289 | $98,100 | $30,000 | $68,100 |
| 2020 | $4,245 | $98,100 | $30,000 | $68,100 |
| 2019 | $4,245 | $98,100 | $30,000 | $68,100 |
| 2018 | $4,245 | $98,100 | $30,000 | $68,100 |
| 2017 | $4,217 | $98,100 | $30,000 | $68,100 |
| 2016 | $2,409 | $98,100 | $30,000 | $68,100 |
| 2015 | $2,409 | $98,100 | $30,000 | $68,100 |
| 2014 | $2,217 | $98,100 | $30,000 | $68,100 |
Source: Public Records
Agents Affiliated with this Home
-
Tyler Miller
Seller's Agent in 2023
Tyler Miller
Keller Williams Platinum Realty - Wyomissing
(484) 256-7259
185 Total Sales
-
SANDEEP SOOD
Buyer's Agent in 2023
SANDEEP SOOD
Equity MidAtlantic Real Estate
(267) 410-5653
10 Total Sales
Map
Source: Bright MLS
MLS Number: PABK2025902
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
The data relating to real estate for sale on this website appears in part through the BRIGHT Internet Data Exchange program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms, and is provided by BRIGHT through a licensing agreement.
Listing information is from various brokers who participate in the Bright MLS IDX program and not all listings may be visible on the site.
The property information being provided on or through the website is for the personal, non-commercial use of consumers and such information may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Some properties which appear for sale on the website may no longer be available because they are for instance, under contract, sold or are no longer being offered for sale.
Property information displayed is deemed reliable but is not guaranteed.
Copyright 2026 Bright MLS, Inc.
Nearby Homes
- 245 S 5th St
- 241 S 5th St Unit 5
- 241 S 5th St Unit 4
- 241 S 5th St Unit 3
- 241 S 5th St Unit 1
- 241 S 5th St Unit 2
- 241 S 5th St
- 243 S 5th St (Shg)
- 243 S 5th St Unit 4
- 243 S 5th St Unit 1
- 243 S 5th St
- 237 S 5th St
- 235 S 5th St
- 231 S 5th St
- 244 Pearl St
- 242 Pearl St
- 229 S 5th St
- 244 S 5th St
- 246 S 5th St
- 240 Pearl St
Your Personal Tour Guide
Ask me questions while you tour the home.