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Sold on 07/31/2024

402 N 5th St, Reading, PA 19601

$345,000

Last sold 07/31/2024 after 51 Days

  • —

    bed

  • —

    bath

  • 3,049

    Sqft ($113/Sqft)

Multi-family not for sale
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About 402 N 5th St

Property type Multi-family
Neighborhood
Year built 1900
HOA fee $0/month
Lot size 2,178 Sqft
Rental estimate
Property description
Welcome investors to this FULLY OCCUPIED 4-unit property grossing $3,475 a month! It has been well-maintained with upgrades throughout! Unit 1 is VERY spacious and consist of 3bd 1.5ba, the remaining three units are efficiencies with one bathroom each. Each unit is electric heat and separately metered. Off street parking in the back. Whether you're looking to expand your real estate portfolio or embark on a new investment journey, this property offers endless potential. Don’t miss out on this remarkable multi-family property in the heart of the Callowhill Historic District.
Listed by
Listing Agent - Jose Ramon Acosta Jr.
Listing Office - Iron Valley Real Estate of Berks
Source: Bright MLS mls logo
MLS#PABK2044302 • last updated 1 month ago
Movoto checked Bright MLS for data 6 minutes ago
Overview
Cooling/AC None, None
Heating Electric
Levels/Style Converted Dwelling
Type Multi-Family
SubType Quadruplex
Status Closed
SqFt 3049
Lot Size (SqFt) 2178
Lot Size (Acres) 0.05
County Tax 425, Annually
City/ Town Tax 1006
School Tax 995
Tax: Assessed Value 55500
Annual Property Tax 2426
Year Built 1900
Condition Good
Municipality READING CITY
New Construction (Y/N) N
Foreclosure (Y/N) N
Interior
Accessibility Features None
Exterior
Construction Brick
Foundation Brick/Mortar
# Parking Spaces 3
# Off-Street Spaces 3
Parking Desc Off Street
Existing Structures Above Grade, Below Grade
Amenities / Utilities
Sewer/ Septic Public Sewer
Pool No Pool
Inclusions All Appliances
Location
Water Source Public
School District READING
Directions On The Corner Of N 5th St And Buttonwood
Zoning MULTI, Multi Unit
Multifamily Details
# Single Room Units 3
# 3-Bedroom Units 1
# Units Furnished None
Vacancy Allowance Rate 8
Gross Income 41700
Operating Expense Includes Trash
Gross Scheduled Income 3475
Income Includes Parking
We are not permitted to show value estimates for this property.
  • Aug 2024
    Public Records
  • Aug 1, 2024 Sold
    $345,000
  • Jul 2024
    mls logo MLS # PABK2044302
  • Jul 31, 2024 Sold
    $345,000
  • Jun 19, 2024 Pending
    —
  • Jun 9, 2024 Listed
    $345,000 (+4.5%)
  • Aug 2023
    mls logo MLS # PABK2032792
  • Aug 7, 2023 Price Change
    $329,999 (-2.9%)
  • Jul 26, 2023 Listed
    $340,000 (+54.5%)
  • Apr 2023
    Public Records
  • Apr 19, 2023 Sold
    $220,000 (+250.3%)
  • Oct 2013
    mls logo MLS # 1003602630
  • Oct 30, 2013 Sold
    $62,800 (-21.4%)
  • Sep 29, 2013 Listed
    $79,900 (+263.2%)
  • Sep 2013
    mls logo MLS # 6286427
  • Sep 29, 2013 Listed
    $79,900
  • Oct 2012
    Public Records
  • Oct 26, 2012 Sold
    $22,001
  • Oct 2012
    mls logo MLS # 1004106426
  • Oct 18, 2012 Sold
    $22,001 (+5.3%)
  • Sep 19, 2012 Listed
    $20,900 (-35.7%)
  • Jan 2005
    Public Records
  • Jan 20, 2005 Sold
    $32,500
  • Year Property taxes Tax assessment
  • 2026
    $1,567 +4.0%
    $55,500
  • 2025
    $1,506 +2.5%
    $55,500
  • 2024
    $1,469
    $55,500
  • 402 N 5th St
    $345K
  • Center City
    $212K -5% y/y
  • 19601
    $187K -10% y/y
  • Reading
    $250K -7% y/y
No chart available
Statistics calculated by Movoto

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6/10
Lauers Park El School
public Grades PK, K-4
Reading School District
4/10
SOUTHWEST MS
public Grades 5-8
Reading School District
2/10
Reading Senior High School
public Grades 9-12
Reading School District
Source: GreatSchools.org © 2026. All rights reserved.

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The data relating to real estate for sale on this website appears in part through the BRIGHT Internet Data Exchange program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms in which Movoto participates, and is provided by BRIGHT through a licensing agreement.The information provided by this website is for the personal, non-commercial use of consumers and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated: 10/15/2026. Some properties which appear for sale on this website may no longer be available because they are under contract, have Closedor are no longer being offered for sale. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. This home sale information is not to be construed as an appraisal and may not be used as such for any purpose. BRIGHTMLS is the (or a) provider of this home sale information and has compiled content from various sources. Some properties represented may not have actually solddue to reporting errors.
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