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300 S 5th St, Reading, PA 19602

Reading
Local realty services provided by:CENTURY 21 Mertz & Associates
300 S 5th St,Reading, PA 19602
$450,000
  • 7 Beds
  • - Baths
  • - sq. ft.
  • Multi-family
  • Pending
Listed by: chad a schlanger
Office: united real estate strive 212
MLS#:PABK2070372
Source:BRIGHTMLS

Price summary

  • Price:$450,000

About this home

Exceptional 5 UNIT investment opportunity! 300 S 5th Street is a well-maintained five-unit property offering immediate cash flow with even greater upside potential. Currently generating $4,700 per month in rental income, this property has additional income capacity as the owner-occupied first-floor unit is not contributing to current rents—providing a clear path for increased returns. Additionally, there is a oversized two car garage which can be utilized by the owner or rented out and this listing also includes a separately deeded 4 car parking lot located directly behind the property—further enhancing the property’s overall revenue potential. Whether you’re looking to expand your portfolio or secure a strong income-producing asset with upside, this property checks all the boxes. Additional details and photos coming soon—stay tuned!

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Home facts

  • Year built:1900
  • Listing ID #:PABK2070372
  • Added:74 day(s) ago
  • Updated:June 21, 2026 at 07:59 AM

Rooms and interior

  • Bedrooms:7
  • Flooring:Carpet, Vinyl, Wood

Heating and cooling

  • Cooling:Window Unit(s)
  • Heating:Hot Water, Natural Gas, Radiator

Structure and exterior

  • Roof:Pitched
  • Year built:1900
  • Lot area:0.04 Acres
  • Lot Features:Additional Lot(s), Downtown
  • Architectural Style:Traditional
  • Construction Materials:Brick
  • Foundation Description:Stone

Utilities

  • Water:Public
  • Sewer:Public Sewer

Finances and disclosures

  • Price:$450,000
  • Tax amount:$3,014 (2026)

Features and amenities

  • Amenities:200+ Amp Service, Cable TV Available, Electric Available, Natural Gas Available, Phone

Parking

  • Parking description:Asphalt Driveway, Parking Lot

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