238 S 5th Street
Reading, PA 19602

$849,900

Beds: 0
Baths:
Sq. Feet: 6206
MLS ID: PABK2054900
Subdivision:
School Dist: READING
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. View this listing at: http://thechrissiebarrickteam.com/mls=PABK2054900

Property Features

School Information

Printed March 03, 2026


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Agent License Information: 
The Chrissie Barrick Team
Licensed in PA: Christine (Chrissie) Barrick, Becky Brown, Stephanie Werner, Thomas Coyne, Jessica Snader, Barbara (Barb) Boyer
Licensed in MD: Christine (Chrissie) Barrick, Becky Brown, Stephanie Werner, Thomas Coyne, Barbara (Barb) Boyer 

880 Carlisle Street, Hanover, PA 17331
717-633-7300