$294,900
SOLD SEP 15, 2025
Studio
-- Bath
2,034 Sq Ft
1,742 Sq Ft Lot

Recently Sold

$145 Per Sq Ft

0 Day on Market

About This Home

As of September 2025

Remarkable Investment Opportunity! This beautifully remodeled 3-unit multifamily property offers immediate income potential, generating $1000, $800, and $750 per month from each unit with a lot of potential for rent increase. Each unit features separate heat and electric meters, allowing tenants to manage their own utilities. Conveniently located near the heart of Reading, this property is perfectly situated for easy access to local amenities and transportation. With strong rental income and a desirable location, this property is priced to sell and ready to produce income from day one. Don't miss out on this fantastic investment!

property was previously appraised for a private loan back in November 2024 and it appraised $304,000, so it is appraised to sell.

this property is part of a 4 property package ( 425 n 5th st Reading PA 19601. .... 1122 spring St Reading PA 19604 ..... 343 N 2nd st Reading PA Reading PA 19601 ...... and 341 N 2nd st Reading PA 19601 )

Last Agent to Sell the Property

Mr. Nelson Gamez

(610) 484-8663 nelsongamezrealtor@gmail.com Realty One Group Alliance License #RM426110 Listed on: 08/15/2025

Realty One Group Alliance

Last Buyer's Agent

Mark Crystal

(610) 376-9999 sands@parealestate.com Sands & Company Real Estate License #RS338130

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $959

Year Built

  • Built in 1900

Lot Details

  • 1,742 Sq Ft Lot

Parking

  • On-Street Parking

Home Design

  • Triplex
  • Traditional Architecture
  • Brick Exterior Construction
  • Shingle Roof

Interior Spaces

  • 2,034 Sq Ft Home
  • Basement Fills Entire Space Under The House

Utilities

  • Electric Baseboard Heater
  • Electric Water Heater

Community Details

  • 3 Units

Listing and Financial Details

  • Tax Lot 3208
  • Assessor Parcel Number 06-5307-74-62-3208

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$959

Year Built

Built in 1900

Lot Details

1,742 Sq Ft Lot

Listing Details

  • Property Type: Multi-Family
  • Property Sub Type: Triplex
  • Structure Type: Interior Row/Townhouse
  • Architectural Style: Traditional
  • Ownership: Fee Simple
  • New Construction: No
  • Expected On Market: 8/15/2025 12:00:00 AM
  • Year Built: 1900
  • Automatically Close On Close Date: No
  • Special Features: None

Interior Features

  • Fireplace: No
  • Foundation Details: Other
  • Basement: Yes
  • Basement Type: Full
  • Total Sq Ft: 2034
  • Living Area Sq Ft: 2034
  • Price Per Sq Ft: 144.99
  • Above Grade Finished Sq Ft: 2034
  • Above Grade Finished Area Units: Square Feet

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Brick
  • Roof: Shingle
  • 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
  • Electric Service: Circuit Breakers
  • Heating Fuel: Electric
  • Heating Type: Baseboard - Electric
  • Heating: Yes
  • Hot Water: Electric
  • 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: RES

Rental Info

  • Vacation Rental: No

Tax Info

  • School Tax: 387.00
  • Tax Annual Amount: 959.00
  • Assessor Parcel Number: 06-5307-74-62-3208
  • Tax Lot: 3208
  • County Tax Payment Frequency: Annually
  • Tax Year: 2024

Multi Family

  • Other Units: Unit 1,Unit 2,Unit 3

MLS Schools

  • School District Name: READING
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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 Prior Sale
09/15/2025 09/15/25 Sold $294,900 0.0% $145 / Sq Ft
08/15/2025 08/15/25 Pending -- -- --
08/15/2025 08/15/25 For Sale $294,900 +215.4% $145 / Sq Ft
02/05/2021 02/05/21 Sold $93,500 0.0% $50 / Sq Ft View Prior Sale
12/14/2020 12/14/20 Pending -- -- --
12/11/2020 12/11/20 Off Market $93,500 -- --
12/09/2020 12/09/20 For Sale $104,900 +12.2% $56 / Sq Ft
10/18/2020 10/18/20 Off Market $93,500 -- --
10/17/2020 10/17/20 For Sale $104,900 -- $56 / Sq Ft
Source: Bright MLS

Tax History

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
2025 $586 $21,600 $7,000 $14,600
2024 $959 $21,600 $7,000 $14,600
2023 $944 $21,600 $7,000 $14,600
2022 $944 $21,600 $7,000 $14,600
2021 $944 $21,600 $7,000 $14,600
2020 $935 $21,600 $7,000 $14,600
2019 $935 $21,600 $7,000 $14,600
2018 $935 $21,600 $7,000 $14,600
2017 $929 $21,600 $7,000 $14,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: PABK2061244

Bright MLS

APN: 5307-74-62-3208

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