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$225,000 Sale Pending
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Property Description
Downtown City of Reading middle row 2 unit building located in the C-R zoning district, previously used as a commercial office on the main level unit 1 and a residential unit 2 on the 2nd & 3rd floors but its only zoned for ONE commercial unit. There is no permitted residential use unless the owner occupies the entire building as commercial and lives in the 2nd unit. The new owner will have to apply for a zoning change with the city to be able to use it as a commercial and residential building. Unit 1 - 1st fl, 4 rooms comprised of a waiting room and 3 offices, a powder room, gas heat, central air, rear patio, 1 car carport. Occupant pays for electric, hot water, gas heat. Projected rent: $1200 a month. This was the owner's personal business office and is still be operated by family. Unit 2 - 2nd & 3rd fl, 4 rooms, 2 BRS, liv, modern kit, 2 full modern baths, gas cooking, gas or electric hot water, gas F/A heat, walk-in closet. Large 2nd level deck. Occupant pays for electric, hot water, gas heat. This was the owner's personal living unit and has a primary suite with a primary bath and walk-in closet. Projected rent $1600. Total projected income: 33,600. Total expenses: 7792. NOI: 25,808. Cap Rate: 11%. Expenses breakdown: Taxes: 1992. Ins: 1,500. W/S/T/R:1200. Permit: 100, Trash: 500, Electric: 2500. Additional features include 2 gas forced air furnaces, central air for the office, 1 gas water heater, 1 electric water heater, a metal roof, 200 AMP main electric, 2-100 AMP breaker panels, covered carport off street parking for 1 car. Paved parking lot known as 132-134 Cedar Street with parking for up to 12 cars. To be sold as a package deal with 125 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 129 N 8th St
General
- Price: $225,000
- Taxes: $1,992 (2025)
- Status: Pending
- Type: Townhouse
- Source: BrightMLSPhilly
- MLS ID: PABK2065510
- Updated: 12/17/2025
- Added to Site: 61 day(s) ago
Rental Information
- Lease Info: None
Interior
- Number of Rooms: 8
- Interior Features: Bathroom - Walk-In Shower, Built-Ins, Kitchen - Eat-In, Primary Bath(s), Upgraded Countertops, Walk-in Closet(s), Ceiling Fan(s), Carpet, Wood Floors
- Appliances: Built-In Microwave, Oven/Range - Gas, Refrigerator, Stainless Steel Appliances, Water Heater
- Flooring: Carpet, Ceramic Tile
Additional Information
- Security/Safety: Carbon Monoxide Detector(s), Smoke Detector
Exterior
- Exterior Features: Exterior Lighting, Fire Escape, Sidewalks, Street Lights
- Porch/Patio/Deck: Deck(s), Patio(s)
Parking
- Carport Spaces: 1
- Total Spaces: 13
- Parking Features: Asphalt Driveway
- Parking Type: Detached Carport, Parking Lot
Location
- Area: Reading City (10201)
- Municipality: READING CITY
- County: BERKS
- Cross Streets: Walnut
- Driving Directions: N. 8th Street between Walnut & Washington Street
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: Natural Gas, Electric, Multi-tank
Utilities
- Sewer: Public Sewer
- Water: Public
- Utility Description: Above Ground
Structural Information
- Architectural Style: Traditional
- Structure Type: Interior Row/Townhouse
- Construction: Brick
- Basement: Yes
- Basement Entrance: Yes
- Basement Desc.: Full, Interior Access, Outside Entrance, Unfinished
- Foundation: Stone
- Roof: Metal
- Stories/Levels: 4
- Square Feet: 1,980
- Sq. Ft. Source: Estimated
- Living Area: 1,980 Sq. Ft.
- Finished Above Grnd: 1,980 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): 0.08
- Lot Size (Sq. Ft.): 3,484
- Lot Size Source: Assessor
- Zoning: C-R
Financial Considerations
- Price Per Sq. Ft.: $113.64
- Operating Expenses: $7,792
- Assessment Year: 2025
- School Tax: $793
- City/TownTax: $801
- City/TownTax Freq: Annually
- County Tax: $398
- County Tax Freq: Annually
- Tax w/Assessment: $44,200
- Tax Amount: $1,992
- 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: Range/Oven, Refrigerator
- Lot Number: 6121
Listed by RE/MAX Of Reading, Jose M Candelaria
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Schools
Schools serving 129 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 129 N 8th St
Date
Details
Price
Change
Source
11/17/2025
Listed
$225,000
—
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 129 N 8th St
Year
Property Taxes
Change
Tax Assessment
Change
2025
$1,200
3%
$44,200
—
2024
$1,170
-39%
$44,200
—
2023
$1,932
—
$44,200
—
2022
$1,932
—
$44,200
—
2021
$1,932
1%
$44,200
—
2020
$1,913
—
$44,200
—
2019
$1,913
—
$44,200
—
2018
$1,913
1%
$44,200
—
2017
$1,900
1%
$44,200
—
2016
$1,877
5%
$44,200
—
2015
$1,789
1%
$44,200
—
2014
$1,767
—
$44,200
—
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 129 N 8th St
129 N 8th Street, Reading, PA 19601 (MLS# PABK2065510) is a Townhouse property with 0 bedrooms and 0 full bathrooms. 129 N 8th Street is currently listed for $225,000 and was received on November 17, 2025. Want to learn more about 129 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.

