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$879,900
6,206
square ft

238 S 5th Street
READING, Pennsylvania 19602

Active / MLS #PABK2054900 / Multiple Unit (2-4) / READING
Listing information updated 11/26/2025 at 11:41am
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 seller-room to negotiate with a fair and reasonable offer.
Architecture Style:
Victorian
Exterior Type:
Play Area
Basement:
Full
Cooling System:
None
Heating System:
Other
Appliances:
Stove, Washer
Pool:
No
Age:
125 Years
Roof Type:
Other
Water Front:
No
Square Feet:
6,206
Lot Size:
6098.00 Square Feet
Acreage:
0.14
Tax Amount:
$10,497
Tax Year:
2024
Zip Code:
19602
City:
Reading
County:
Berks
School District(s):
READING
Elementary School:
N/A
Middle School:
N/A
High School:
N/A

Listing Office: Pagoda Realty

Listing Office Phone: 610.985.7700

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238 S 5th Street, Reading, PA 19602 is a multiple unit (2-4) currently listed at $879,900. This multiple unit (2-4) has been listed on RLAH @properties since March 25th, 2025 and was built in 1900.