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$220,000 Sale Pending
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Property Description
Downtown City of Reading middle row 2 unit building located in the C-R zoning district, currently being used as 2 fully occupied residential units but the main level is zoned commercial and not legally permitted for residential. Unit 1 - 1st fl, 3 rooms, 1 BR, liv, kit, bath, electric cooking, gas F/A heat, central air unit not working, replacement windows. rented for $750 a month on a M/M basis. Tenant pays for electric & gas heat. Unit 2 - 2nd & 3rd fl, 4 rooms, 2 BRS, liv, kit, bath, electric cooking. electric hot water for both units, gas F/A heat, replacement windows. rented for $800 a month on a M/M basis. Tenant pays for electric, electric hot water for both units, gas heat. Note: There's only ONE electric hot water heater for both units and its paid by the unit 2 tenant. Total income: 18,600. Total expenses: 6,439. NOI: 12,161. Cap Rate: 5.50%. Expenses breakdown: Taxes: 1,659. Ins: 1,500. W/S/T/R: 3,180. Permit: 100. Additional features include an asphalt shingle roof, 200 AMP main electric, 2-100 AMP breaker panels, off street parking for 2 cars. To be sold as a package deal with 129 N. 8th Street, Reading, PA 19601 - 225k. 132 Cedar Street, Reading, PA 19601 - 20k & 134 Cedar Street, Reading, PA 19601 - 20k. Total package price is $465k. This is an estate sale and is to be sold AS IS.
Full Property Details
Full Property Details for 125 N 8th St
General
- Price: $220,000
- Taxes: $1,659 (2025)
- Status: Pending
- Type: Townhouse
- Source: BrightMLSPhilly
- MLS ID: PABK2065436
- Updated: 12/17/2025
- Added to Site: 61 day(s) ago
Rental Information
- Lease Info: Month to Month
Interior
- Number of Rooms: 7
- Interior Features: 2nd Kitchen, Bathroom - Tub Shower, Entry Level Bedroom
- Appliances: Oven/Range - Electric, Range Hood, Water Heater, Washer, Dryer - Electric
- Flooring: Ceramic Tile, Laminated
Additional Information
- Security/Safety: Smoke Detector, Carbon Monoxide Detector(s)
Exterior
- Exterior Features: Exterior Lighting, Fire Escape, Sidewalks, Street Lights
- Porch/Patio/Deck: Patio(s), Porch(es), Roof
Parking
- Total Spaces: 14
- Parking Features: Asphalt Driveway
- Parking Type: Parking Lot, Off Street
Location
- Area: Reading City (10201)
- Municipality: READING CITY
- County: BERKS
- Cross Streets: Walnut
- Driving Directions: N. 8th between Walnut & Washington
School Information
- School District: Reading
Heating & Cooling
- Central air: Yes
- Cooling Type: Central A/C, Window Unit(s)
- Cooling Fuel: Electric
- Heating Type: Forced Air
- Heating Fuel: Natural Gas
- Water Heater: Electric, Multi-tank
Utilities
- Sewer: Public Sewer
- Water: Public
- Utility Description: Above Ground
Structural Information
- Architectural Style: Colonial
- Structure Type: Interior Row/Townhouse
- Construction: Brick
- Basement: Yes
- Basement Entrance: Yes
- Basement Desc.: Interior Access, Outside Entrance, Unfinished
- Foundation: Stone
- Roof: Asphalt
- Windows: Double Hung, Double Pane, Replacement
- Stories/Levels: 4
- Square Feet: 1,580
- Sq. Ft. Source: Estimated
- Living Area: 1,580 Sq. Ft.
- Finished Above Grnd: 1,580 Sq. Ft.
- Year Built: 1900
- Year Built Source: Estimated
- Property Condition: Average
Unit Information
- Other Units: Unit 1, Unit 2
Lot Features
- Lot Size (Acres): 0.04
- Lot Size (Sq. Ft.): 1,742
- Lot Size Source: Assessor
- Zoning: C-R
Financial Considerations
- Price Per Sq. Ft.: $139.24
- Operating Expenses: $6,439
- Assessment Year: 2025
- School Tax: $660
- City/TownTax: $667
- City/TownTax Freq: Annually
- County Tax: $332
- County Tax Freq: Annually
- Tax w/Assessment: $36,800
- Tax Amount: $1,659
- Tax Year: 2025
- Owner Pays: Common Area Maintenance, Insurance, Lawn/Shrub Care, Repairs, Sewer, Sewer Maintenance, Snow Removal, Taxes - Real Estate, Trash Collection, Water
Disclosures and Reports
- Ownership: Fee Simple
- Inclusions: 2 Range/Ovens, 2 Refrigerators
- Lot Number: 5078
Listed by RE/MAX Of Reading, Jose M Candelaria
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Schools
Schools serving 125 N 8th St
School District:Reading School District
| Name | Grades | Distance |
|---|---|---|
Tenth & Penn El School 955 Penn Street, Reading, PA 19601 | PK-4 | 0.2 mi |
Southern Middle School, Reading, PA 931 Chestnut Street, Reading, PA 19602 | 5-8 | 0.4 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 125 N 8th St
Date
Details
Price
Change
Source
11/17/2025
Listed
$220,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 125 N 8th St
Year
Property Taxes
Change
Tax Assessment
Change
2025
$999
3%
$36,800
—
2024
$974
-39%
$36,800
—
2023
$1,609
—
$36,800
—
2022
$1,609
—
$36,800
—
2021
$1,609
1%
$36,800
—
2020
$1,593
—
$36,800
—
2019
$1,593
—
$36,800
—
2018
$1,593
1%
$36,800
—
2017
$1,582
1%
$36,800
—
2016
$1,563
5%
$36,800
—
2015
$1,489
1%
$36,800
—
2014
$1,471
—
$36,800
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 125 N 8th St
125 N 8th Street, Reading, PA 19601 (MLS# PABK2065436) is a Townhouse property with 0 bedrooms and 0 full bathrooms. 125 N 8th Street is currently listed for $220,000 and was received on November 17, 2025. Want to learn more about 125 N 8th Street? Do you have questions about finding other Townhouse real estate for sale in Reading? You can browse all Reading real estate or contact a Coldwell Banker agent to request more information.

