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$239,000
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Property Description
This expansive 5,502 sq ft building, formerly the Pollock Furs Company, offers a unique investment opportunity in the heart of Reading City. The property features two 1-bedroom apartments currently on a month-to-month lease, providing steady rental income. Additionally, the building boasts a versatile storefront, perfect for retail or office use, with ample leasable square footage. With its rich history and prime location, this property offers endless possibilities. The spacious layout and high-traffic visibility make it ideal for businesses looking to establish a presence in a thriving area. The apartments provide additional income potential, making this a great opportunity for investors looking for a mixed-use property. **Cash or Rehab Loan Financing Only** Don't miss your chance to own a piece of Reading's history while securing a solid return on investment
Full Property Details
Full Property Details for 127 N 5th St
General
- Price: $239,000
- Taxes: $3,250 (2025)
- Status: Active
- Type: Duplex
- Source: BrightMLSPhilly
- MLS ID: PABK2054584
- Updated: 3/6/2026
- Added to Site: 358 day(s) ago
Interior
- Flooring: Carpet, Vinyl
Parking
- Parking Type: On Street
Location
- Area: Reading City (10201)
- Municipality: READING CITY
- County: BERKS
- Driving Directions: South on 5th St, in between Walnut and Washington Streets
School Information
- School District: Reading
Heating & Cooling
- Cooling Type: None
- Heating Type: Baseboard - Electric, Baseboard - Hot Water
- Heating Fuel: Electric, Oil
- Water Heater: Electric
Utilities
- Sewer: Public Sewer
- Water: Public
- Utility Description: Cable TV Available, Electric Available, Natural Gas Available, Phone Available
Structural Information
- Architectural Style: Other
- Structure Type: Other
- Construction: Mixed Plumbing, Brick
- Basement: Yes
- Basement Desc.: Unfinished
- Roof: Flat, Rubber
- Square Feet: 5,502
- Sq. Ft. Source: Estimated
- Living Area: 5,502 Sq. Ft.
- Finished Above Grnd: 5,502 Sq. Ft.
- Year Built: 1900
- Year Built Source: Estimated
Unit Information
- Other Units: Unit 1, Unit 2, Unit 3
Lot Features
- Lot Size (Acres): 0.09
- Lot Size (Sq. Ft.): 3,920
- Lot Size Source: Assessor
- Zoning: CC
Financial Considerations
- Price Per Sq. Ft.: $43.44
- Assessment Year: 2025
- School Tax: $1,293
- City/TownTax: $1,307
- City/TownTax Freq: Annually
- County Tax: $650
- County Tax Freq: Annually
- Tax w/Assessment: $72,100
- Tax Amount: $3,250
- Tax Year: 2025
Disclosures and Reports
- Ownership: Fee Simple
- Lot Number: 9046
Listed by Century 21 Gold, Anthony Borelli
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Schools
Schools serving 127 N 5th St
School District:Reading School District
| Name | Grades | Distance |
|---|---|---|
Lauers Park El School 251 North 2nd Street, Reading, PA 19601 | PK-4 | 0.3 mi |
Southwest Ms 300 Chestnut Street, Reading, PA 19602 | 5-8 | 0.4 mi |
Reading Senior High School 801 North 13th Street, Reading, PA 19604 | 9-12 | 1.1 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 127 N 5th St
Date
Details
Price
Change
Source
2/12/2026
Price Reduced
$239,000
-7.9%
MLS
7/11/2025
Price Increased
$259,500
3.84%
MLS
3/13/2025
Listed
$249,900
38.83%
MLS
8/24/2009
Sold
$180,000
—
Public Record
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 127 N 5th St
Year
Property Taxes
Change
Tax Assessment
Change
2025
$1,957
3%
$72,100
—
2024
$1,909
-39%
$72,100
—
2023
$3,152
—
$72,100
—
2022
$3,152
—
$72,100
—
2021
$3,152
1%
$72,100
—
2020
$3,120
—
$72,100
—
2019
$3,120
—
$72,100
—
2018
$3,120
1%
$72,100
—
2017
$3,100
1%
$72,100
—
2016
$3,062
5%
$72,100
—
2015
$2,918
1%
$72,100
—
2014
$2,883
—
$72,100
—
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 127 N 5th St
127 N 5th Street, Reading, PA 19601 (MLS# PABK2054584) is a Duplex property with 0 bedrooms and 0 full bathrooms. 127 N 5th Street is currently listed for $239,000 and was received on March 13, 2025. Want to learn more about 127 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.

