Bought with Francis G Acosta • Realty One Group Alliance
$260,000
$259,900
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2,101 SqFt
SOLD DATE : 09/24/2025
Key Details
Sold Price $260,000
Property Type Multi-Family
Sub Type Interior Row/Townhouse
Listing Status Sold
Purchase Type For Sale
Square Footage 2,101 sqft
Price per Sqft $123
MLS Listing ID PABK2060516
Sold Date 09/24/25
Style Traditional
Abv Grd Liv Area 2,101
Year Built 1903
Available Date 2025-07-31
Annual Tax Amount $2,812
Tax Year 2025
Lot Size 1,742 Sqft
Acres 0.04
Lot Dimensions 0.00 x 0.00
Property Sub-Type Interior Row/Townhouse
Source BRIGHT
Property Description
Opportunity knocks at 1032 N 5th Street, a legal two-unit in Reading's highly desirable Centre Park Historic District. This income-producing property combines historic charm with investment intelligence — featuring original wood trim, partial hardwood floors, and classic architecture that stands out.
The first-floor 1-bedroom unit is vacant and move-in ready, perfect for an owner-occupant looking to house hack while generating income. Market rent is estimated at $1,150/month. The second-floor 2-bedroom unit is tenant-occupied and cash flowing, with tenants happy to stay — or unlock up to $1,650/month in potential rent after a light turnover.
With separate utilities, strong structure, and curb appeal to spare, this is a rare opportunity in one of Reading's most stable and high-demand rental corridors. Whether you're growing your portfolio or making your first smart move, 1032 N 5th is a value play that delivers now and in the long run.
Location
State PA
County Berks
Area Reading City (10201)
Zoning RESIDENTIAL
Interior
Hot Water Natural Gas
Heating Radiator
Cooling None
Fireplace N
Heat Source Oil
Exterior
Water Access N
Accessibility None
Garage N
Building
Foundation Brick/Mortar
Sewer Public Sewer
Water Public
Architectural Style Traditional
Additional Building Above Grade, Below Grade
New Construction N
Schools
School District Reading
Others
Tax ID 14-5307-51-76-7050
Ownership Fee Simple
SqFt Source 2101
Acceptable Financing Cash, Conventional, FHA
Listing Terms Cash, Conventional, FHA
Financing Cash,Conventional,FHA
Special Listing Condition Standard
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