NOT LISTED FOR SALE

339 S 5th St Reading, PA 19602

-- Bed
2 Baths
2,081 Sq Ft
1,742 Sq Ft Lot

Last Sold May 20, 2024

Last sale price $185,000 $89 Per Sq Ft

Highlights

  • Transitional Architecture
  • Level Entry For Accessibility
  • Hot Water Heating System

About This Home

As of May 2024

Excellent Investment Opportunity in Reading, PA

Welcome to 339 S 5th Street, a well-located duplex offering excellent potential for rental income. This property presents a rare chance to own a versatile investment in the heart of Reading'

This duplex features 2 bedrooms within each unit , providing comfortable living spaces for tenants. With minor updating, there's tremendous potential to maximize rental income and enhance the property's value.

Whether you're an investor seeking a lucrative addition to your portfolio or an owner-occupant looking for a smart way to offset mortgage costs, this duplex offers flexibility. Live in one unit while renting out the other to generate passive income, or rent out both units for a solid return on investment.

The property's prime location ensures convenience for tenants, with proximity to local amenities, schools, and transportation options. Downtown Reading's shopping, dining, and entertainment attractions are just moments away, adding to the property's appeal.

Additionally, the duplex includes a backyard area, providing outdoor space for tenants to enjoy.

Don't miss out on this fantastic opportunity to own a duplex in Reading, PA. Whether you're looking to expand your investment portfolio or seeking a smart housing solution, 339 S 5th Street offers endless possibilities. Schedule your showing today and unlock the potential of this promising property!

Last Agent to Sell the Property

Scott Gentile

(610) 373-9900 scottgentilerealtor@gmail.com Coldwell Banker Realty License #rs356995 Listed on: 04/12/2024

Coldwell Banker Realty

Last Buyer's Agent

Aida Sanchez

(484) 345-1752 aidasanchezrealtor@gmail.com Coldwell Banker Realty License #RS353694

Coldwell Banker Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,434

Year Built

  • Built in 1900

Lot Details

  • 1,742

Parking

  • On-Street Parking

Home Design

  • 2,081 Sq Ft Home
  • Duplex
  • Transitional Architecture
  • Brick Exterior Construction
  • Permanent Foundation

Utilities

  • Hot Water Heating System
  • Natural Gas Water Heater

Additional Features

  • Level Entry For Accessibility
  • 1,742 Sq Ft Lot

Community Details

  • 2 Units

Listing and Financial Details

  • Tax Lot 9143
  • Assessor Parcel Number 01-5306-35-78-9143

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,434

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Property Sub Type: Duplex
  • Structure Type: Interior Row/Townhouse
  • Architectural Style: Transitional
  • Accessibility Features: Level Entry - Main
  • Ownership: Fee Simple
  • New Construction: No
  • Expected On Market: 2024-04-12
  • Year Built: 1900
  • Automatically Close On Close Date: No
  • Special Features: None

Interior Features

  • Fireplace: No
  • Foundation Details: Permanent
  • Total Sq Ft: 2081
  • Living Area Sq Ft: 2081
  • Price Per Sq Ft: 76.84
  • Above Grade Finished Sq Ft: 2081
  • Above Grade Finished Area Units: Square Feet

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Brick
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Type Of Parking: On Street

Utilities

  • Central Air Conditioning: No
  • Heating Fuel: Natural Gas
  • Heating Type: Hot Water
  • Heating: Yes
  • Hot Water: Natural Gas
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Schools

  • School District Source: Listing Agent

Lot Info

  • Lot Size Acres: 0.04
  • Lot Dimensions: 0.00 x 0.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 1742.00
  • Zoning: 138R RES
  • Zoning Description: 138R Res: 2-4 Fam Row 3 Sty Brick

Rental Info

  • Vacation Rental: No

Tax Info

  • School Tax: 588.00
  • Tax Annual Amount: 1434.00
  • Assessor Parcel Number: 01-5306-35-78-9143
  • Tax Lot: 9143
  • County Tax Payment Frequency: Annually
  • Tax Year: 2022

MLS Schools

  • School District Name: READING

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
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

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/20/2024 05/20/24 Sold $185,000 +15.7% $89 / Sq Ft
04/13/2024 04/13/24 Pending -- -- --
04/12/2024 04/12/24 For Sale $159,900 -- $77 / Sq Ft
Source: Bright MLS

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: Bright MLS

MLS Number: PABK2041706

Bright MLS

APN: 5306-35-78-9143