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300 S 5th St, Reading, PA 19602

$460,000

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Sold Price: $460,000
List Price: $450,000
Status: CLOSED
Days on Market: 7
Closing Date: Sep 23, 2026
MLS#: PABK2070372
Subtype: Multi-Family
Style: Traditional
Year Built: 1900
Lot Size: 1,742
Acres: 0.04
Subdivision: None Available
MLS Area Major: Reading City (10201)

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Property Description

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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Additional Information

Taxes: $3,014
Property Description: Traditional
Zoning: MIXED
Flooring: Wood, Carpet, Vinyl
Heating: Hot Water, Radiator(s)
Air Conditioning: Window/Wall
Roof: Pitched
Foundation: Stone
Parking Features: Asphalt
School District: Reading