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$260,000
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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.
Full Property Details
Full Property Details for 1032 N 5th St
General
- Sold For: $260,000
- Taxes: $2,812 (2025)
- Status: Closed
- Type: Duplex
- Source: BrightMLSPhilly
- MLS ID: PABK2060516
- Added to Site: 206 day(s) ago
Parking
- Parking Type: None
Location
- Area: Reading City (10201)
- Municipality: READING CITY
- County: Berks
- Driving Directions: Use GPS
School Information
- School District: Reading
Heating & Cooling
- Cooling Type: None
- Cooling Fuel: Natural Gas
- Heating Type: Radiator
- Heating Fuel: Oil
- Water Heater: Natural Gas
Utilities
- Sewer: Public Sewer
- Water: Public
Structural Information
- Architectural Info: Traditional
- Architectural Style: Traditional
- Structure Type: Interior Row/Townhouse
- Construction: Brick
- Foundation: Brick/Mortar
- Stories/Levels: 0
- Square Feet: 2,101
- Sq. Ft. Source: Assessor
- Living Area: 2,101 Sq. Ft.
- Finished Above Grnd: 2,101 Sq. Ft.
- Year Built: 1903
- Year Built Source: Assessor
Unit Information
- 1 Bedroom Units: 1
- 3 Bedroom Units: 1
Lot Features
- Lot Size (Acres): 0.04
- Lot Size (Sq. Ft.): 1,742
- Lot Size Source: Assessor
- Lot Dimensions: 0.00 x 0.00
- Zoning: RESIDENTIAL
Financial Considerations
- Price Per Sq. Ft.: $123.7
- Assessment Year: 2025
- School Tax: $1,119
- City/TownTax: $1,131
- City/TownTax Freq: Annually
- County Tax: $562
- County Tax Freq: Annually
- Tax w/Assessment: $62,400
- Tax Amount: $2,812
- Tax Year: 2025
- Terms: Standard Sale
- Tax Total Finished Sq. Ft.: 2101
Disclosures and Reports
- Ownership: Fee Simple
- Lot Number: 7050
Listed by Light House Realtors, LLC, Jose Juan Vazquez Jr.
Sold by Realty One Group Alliance, Francis G Acosta
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Schools
Schools serving 1032 N 5th St
School District:Reading School District
| Name | Grades | Distance |
|---|---|---|
Northwest Middle School 1000 North Front Street, Reading, PA 19601 | 5-8 | 0.4 mi |
Riverside El School 1400 Centre Avenue, Reading, PA 19601 | PK-4 | 0.5 mi |
Reading Senior High School 801 North 13th Street, Reading, PA 19604 | 9-12 | 0.9 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 1032 N 5th St
Date
Details
Price
Change
Source
9/24/2025
Sold
$260,000
0.04%
MLS
7/31/2025
Listed
$259,900
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
1032 N 5th Street, Reading, PA 19601 (MLS# PABK2060516) is a Duplex property that was sold at $260,000 on September 24, 2025. Want to learn more about 1032 N 5th Street? Do you have questions about finding other Duplex real estate for sale in Reading? You can browse all Reading real estate or contact a Coldwell Banker agent to request more information.

