$235,599

825 N 4th St Reading, PA 19601

Estimated payment $1,404/month

Studio
-- Bath
2,614 Sq Ft
$90 Price per Sq Ft

Highlights

  • Wood Flooring
  • Hot Water Heating System
  • 3-minute walk to Centre Park
  • Eat-In Kitchen
  • Level Lot

About This Home

Two-Unit Investment Opportunity in Centre Park Historic District – Ideal for Owner-Occupant Located within the desirable Centre Park Historic District of Reading, this two-unit property offers strong investment fundamentals with flexibility for both investors and owner-occupants. Under the same ownership since 2003, the building reflects long-term stewardship and consistent rental history. Each unit is currently occupied by long-term tenants on month-to-month agreements, providing immediate income with the option for future adjustments. The property features three separate gas meters: one dedicated to the building’s heating system and one for each unit’s cooking and hot water. The owner currently pays for heat and water, while tenants are responsible for their individual gas usage for cooking and hot water. This layout makes the property especially attractive for a buyer seeking a live-in investment opportunity—occupy one unit while generating rental income from the other. Situated just off Centre Avenue, the property benefits from proximity to shopping, dining, parks, public transportation, and major commuter routes. The Centre Park neighborhood is known for its architectural character and historic charm, contributing to long-term neighborhood stability and appeal. While the property could benefit from cosmetic improvements, it offers solid value-add potential and consistent occupancy history. Whether expanding an investment portfolio or purchasing a primary residence with supplemental income, this property presents a compelling opportunity in a well-established location.

Listing Agent

Francisco Acosta

(610) 484-8663 nelsongamezrealtor@gmail.com Realty One Group Alliance Brokerage Phone: 6104848663 License #RS342984 Listed on: 03/02/2026

Realty One Group Alliance

Co-Listing Agent

Julissa Espinal

(610) 484-8663 nelsongamezrealtor@gmail.com Realty One Group Alliance Brokerage Phone: 6104848663 License #RS-293888

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,326

Year Built

  • Built in 1900

Lot Details

  • 2,614 Sq Ft Lot
  • Level Lot
  • Property is in good condition

Parking

  • On-Street Parking

Home Design

  • Duplex
  • Brick Exterior Construction
  • Brick Foundation
  • Poured Concrete
  • Shingle Roof

Interior Spaces

  • 2,614 Sq Ft Home
  • Wood Flooring
  • Eat-In Kitchen

Unfinished Basement

  • Side Basement Entry
  • Laundry in Basement

Utilities

  • Heating System Uses Natural Gas
  • Hot Water Heating System
  • 60 Amp Service
  • Natural Gas Water Heater
  • Cable TV Available

Community Details

  • 2 Units

Listing and Financial Details

  • Tax Lot 3982
  • Assessor Parcel Number 14-5307-58-74-3982

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,326

Year Built

Built in 1900

Lot Details

2,614 Sq Ft Lot

Listing Details

  • Property Type: Multi-Family
  • Property Sub Type: Duplex
  • Structure Type: Twin/Semi-Detached
  • Ownership: Fee Simple
  • Inclusions: 2 Refrigerators, 2 Gas Stoves
  • New Construction: No
  • Year Built: 1900
  • Building Winterized: No
  • Special Features: None

Interior Features

  • Flooring Type: Hardwood
  • Interior Amenities: Kitchen - Eat-In
  • Foundation Details: Brick/Mortar
  • Basement: Yes
  • Basement Type: Poured Concrete, Side Entrance, Unfinished
  • Laundry Type: Basement
  • Total Sq Ft: 2614
  • Living Area Sq Ft: 2614
  • Price Per Sq Ft: 90.13
  • Above Grade Finished Sq Ft: 2614
  • Above Grade Finished Area Units: Square Feet

Exterior Features

  • Other Structures: Above Grade
  • Construction Materials: Brick
  • Exterior Features: Sidewalks, Street Lights
  • 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: 60 Amp Service
  • Heating Fuel: Natural Gas
  • Heating Type: Hot Water
  • Heating: Yes
  • Hot Water: Natural Gas
  • Sewer/Septic System: Public Sewer
  • Utilities: Cable Tv
  • Water Source: Public

Lot Info

  • Lot Features: Level
  • Lot Size Acres: 0.06
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 2614.00
  • Property Condition: Good
  • Zoning: RES

Rental Info

  • Existing Lease Type: Month To Month
  • Ground Rent Exists: No
  • Lease Considered: No
  • Number Of Units Month To Month: 2
  • Rent Control: No
  • Units Leased Count: 2
  • Vacation Rental: No

Tax Info

  • School Tax: 925.00
  • Tax Annual Amount: 2326.00
  • Assessor Parcel Number: 14-5307-58-74-3982
  • Tax Lot: 3982
  • County Tax Payment Frequency: Annually
  • Tax Year: 2025

Multi Family

  • Other Units: Unit 1,Unit 1

MLS Schools

  • School District Name: READING

Map

Range of Values:

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Value Increase
--
Percent Increase
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Adjusted for Inflation
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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 $1,401 $51,600 $10,800 $40,800
2024 $2,291 $51,600 $10,800 $40,800
2023 $2,256 $51,600 $10,800 $40,800
2022 $2,256 $51,600 $10,800 $40,800
2021 $2,256 $51,600 $10,800 $40,800
2020 $2,233 $51,600 $10,800 $40,800
2019 $2,233 $51,600 $10,800 $40,800
2018 $2,233 $51,600 $10,800 $40,800
2017 $2,218 $51,600 $10,800 $40,800
2016 $1,267 $51,600 $10,800 $40,800
2015 $1,267 $51,600 $10,800 $40,800
2014 $1,166 $51,600 $10,800 $40,800
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/02/2026 03/02/26 For Sale $235,599 -- $90 / Sq Ft
Source: Bright MLS

Source: Bright MLS

MLS Number: PABK2068820

Bright MLS

APN: 5307-58-74-3982

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