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$450,000

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  • Active
  • Apartment
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Mixed-Use Investment Property - 146 N 5th St, Reading, PA This five-unit mixed-use building is located at 146 N 5th Street in Reading, Pennsylvania, within the Callowhill Historic District. Zoned CC - Commercial Core, the property sits in the heart of the downtown corridor and benefits from flexible zoning intended to support dense residential, retail, and service-oriented uses. The building includes four one-bedroom apartments arranged over three upper floors, providing consistent residential income. The ground floor is occupied by an operating beauty salon that has been a tenant for over six years, offering established commercial tenancy at street level. This configuration makes the property well-suited for investors seeking stable mixed-use cash flow in a historic urban setting. CC (Commercial Core) Zoning - Examples of Permitted Uses Apartments and mixed-use buildings with residential above commercial Retail shops and personal service businesses (salon, barber, dry cleaner, etc.) Banks and financial institutions Bakeries and food-related retail (size-limited) Art, craft, and gallery uses Offices, business services, and printing services Civic, cultural, and entertainment uses (theater, performance space) This zoning flexibility, combined with long-term commercial tenancy and multiple residential units, positions the property for both continued operation and future redevelopment potential.

Full Property Details for 146 N 5th St

General

  • Price: $450,000
  • Taxes: $3,831 (2025)
  • Status: Active
  • Type: Apartment
  • Source: BrightMLSPhilly
  • MLS ID: PABK2066238
  • Updated: 1/7/2026
  • Added to Site: 20 day(s) ago

Business

  • Business Type: Apartment Building

Interior

  • Flooring: Carpet, Ceramic Tile, Laminate Plank, Partially Carpeted, Vinyl, Other

Rooms

Bathrooms

  • Restrooms: 5

Additional Information

  • Security/Safety: Smoke Detector, Carbon Monoxide Detector(s)

Parking

  • Parking Features: Public
  • Parking Type: On Street

Location

  • Area: Reading City (10201)
  • Municipality: READING CITY
  • County: BERKS
  • Cross Streets: Walnut St
  • Driving Directions: from downtown Reading. (5th and Penn Sts.) take 5th St North to # 146 on the left side of the street. Parking along the street, use Parkmobile
  • Historic District: Yes

School Information

  • Elementary School: Lauers Park
  • Middle School: Northwest
  • High School: Reading

Heating & Cooling

  • Central air: Yes
  • Cooling Type: Central A/C, Wall Unit, Window Unit(s), Other
  • Cooling Fuel: Electric, Natural Gas
  • Heating Type: Radiator, Steam
  • Heating Fuel: Natural Gas
  • Water Heater: Electric, Natural Gas

Utilities

  • Sewer: Public Sewer
  • Water: Public
  • Utility Description: Above Ground, Cable TV Available, Electric Available, Natural Gas Available, Phone Available, Sewer Available, Water Available

Structural Information

  • Construction: Block, Brick, Brick Front, Cast Iron Plumbing, Combination, Concrete, Copper Plumbing, Dryvit, Frame, Masonry, Mixed Plumbing, Stone, Other
  • Foundation: Brick/Mortar, Concrete Perimeter, Slab, Stone
  • Roof: Architectural Shingle, Rubber
  • Ceiling Height: 8' to 10'
  • Entry Floor Number: 1
  • Stories/Levels: 4
  • Building Size: 3645
  • Year Built: 1900
  • Year Built Source: Estimated
  • Property Condition: Good, Excellent, Average

Unit Information

  • # Tenants: Multiple
  • Other Units: Unit 1, Unit 1, Unit 1, Unit 1, Unit 1, Unit 1

Lot Features

  • Property View: Courtyard, Street, Other
  • Lot Size (Acres): 0.09
  • Lot Size (Sq. Ft.): 3,920
  • Lot Size Source: Assessor
  • Lot Dimensions: 130*30
  • Frontage Feet: 30
  • Street/Road Desc.: Access - On Grade, Black Top, Paved
  • Topography: City street level main entrance
  • Zoning: CC
  • Lot Description: Interior, Level, Private, Rear Yard, Zero Lot Line, Year Round Access

Financial Considerations

  • Price Per Sq. Ft.: $123.46
  • Water/Sewer Hookup: $30
  • Assessment Year: 2025
  • School Tax: $1,524
  • City/TownTax: $1,541
  • City/TownTax Freq: Annually
  • County Tax: $766
  • County Tax Freq: Annually
  • Tax w/Assessment: $85,000
  • Tax Amount: $3,831
  • Tax Year: 2025
  • Owner Pays: Accounting/Legal, Advertising/Licenses and Permits, Common Area Maintenance, Gas, Heat, Heater Maintenance Contract, Insurance, Management, Miscellaneous, Lawn/Shrub Care, Repairs, Sewer, Sewer Maintenance, Snow R

Disclosures and Reports

  • Ownership: Fee Simple
  • Permits: Other
  • Exclusions: Tenant belongings and fixtures
  • Investment: Yes
  • Lot Number: 7247

Listed by Destination Realty LLC, Sean H Moretti

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Listing agent

— 146 N 5th St —

  • Sean H Moretti

    Destination Realty LLC

Get Pre-Approved Today

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Schools serving 146 N 5th St

School District:Reading School District
NameGradesDistance
Lauers Park El School
251 North 2nd Street, Reading, PA 19601
PK-40.3 mi
Southwest Ms
300 Chestnut Street, Reading, PA 19602
5-80.5 mi
Reading Senior High School
801 North 13th Street, Reading, PA 19604
9-121.1 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 146 N 5th St Get Price Alerts and Save Property

Date
Details
Price
Change
Source
12/31/2025
Listed
$450,000
172.73%
MLS
6/18/2007
Sold
$165,000
—
Public Record
Get Price Alerts and Save Property
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 for 146 N 5th St

Year
Property Taxes
Change
Tax Assessment
Change
2025
$2,307
3%
$85,000
—
2024
$2,250
-39%
$85,000
—
2023
$3,716
—
$85,000
—
2022
$3,716
—
$85,000
—
2021
$3,716
1%
$85,000
—
2020
$3,678
—
$85,000
—
2019
$3,678
—
$85,000
—
2018
$3,678
1%
$85,000
—
2017
$3,654
1%
$85,000
—
2016
$3,610
5%
$85,000
—
2015
$3,440
1%
$85,000
—
2014
$3,398
—
$85,000
—
View All
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 for 146 N 5th St

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*These costs are estimates, and the interest rates assume exceptional credit standing.

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NMLS#: 1598647

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Listed by Destination Realty LLC, Sean H Moretti

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146 N 5th Street, Reading, PA 19601 (MLS# PABK2066238) is a Apartment property. 146 N 5th Street is currently listed for $450,000 and was received on December 31, 2025. Want to learn more about 146 N 5th Street? Do you have questions about finding other Apartment real estate for sale in Reading? You can browse all Reading real estate or contact a Coldwell Banker agent to request more information.

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