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$450,000 Just Listed
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Property Description
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
Full Property Details for 146 N 5th St
General
- Price: $450,000
- Taxes: $3,831 (2025)
- Status: Active
- Type: Townhouse
- Source: BrightMLSPhilly
- MLS ID: PABK2067170
- Updated: 1/14/2026
- Added to Site: 4 day(s) ago
Rental Information
- Lease Info: Month to Month, Yearly
Interior
- Flooring: Carpet, Ceramic Tile, Laminate Plank, Partially Carpeted, Vinyl
Additional Information
- Security/Safety: Carbon Monoxide Detector(s), Main Entrance Lock, Smoke Detector
Exterior
- Exterior Features: Exterior Lighting, Fire Escape, Sidewalks, Street Lights
- Porch/Patio/Deck: Balcony, Breezeway, Patio(s)
Parking
- Parking Type: None
Location
- Area: Reading City (10201)
- Municipality: READING CITY
- County: BERKS
- Cross Streets: Walnut
- Driving Directions: GPS Friendly
- Location Details: Urban
School Information
- School District: Reading
- Elementary School: Lauers Park
- Middle School: Northwest
- High School: Reading Senior
Heating & Cooling
- Cooling Type: None
- Cooling Fuel: Electric
- Heating Type: Radiator, Steam
- Heating Fuel: Natural Gas
- Water Heater: Electric, Natural Gas
Utilities
- Sewer: Public Sewer
- Water: Public
- Utility Description: Cable TV Available, Electric Available, Natural Gas Available, Phone Available, Sewer Available, Water Available
Structural Information
- Architectural Style: Victorian
- Structure Type: Interior Row/Townhouse
- Construction: Brick, Brick Front, Cast Iron Plumbing, Cement Siding, Combination, Concrete, Copper Plumbing, Dryvit, Frame, Masonry, Mixed Plumbing, Stone
- Basement: Yes
- Basement Desc.: Full
- Foundation: Brick/Mortar
- Roof: Architectural Shingle, Rubber
- Walls/Ceilings: Brick, Dry Wall
- Stories/Levels: 3
- Sq. Ft. Source: Assessor
- Year Built: 1900
- Year Built Source: Estimated
- Property Condition: Excellent, Good, Average
Unit Information
- Other Units: Unit 1, Unit 2, Unit 4, Unit 5, Unit 3
Lot Features
- Property View: Courtyard
- Lot Size (Acres): 0.09
- Lot Size (Sq. Ft.): 3,920
- Lot Size Source: Estimated
- Lot Dimensions: 130 x 30
- Frontage Feet: 30
- Street/Road Desc.: Access - Above Grade, Black Top, Paved
- Zoning: CC
- Lot Description: Interior, Level, Private, Rear Yard, Zero Lot Line
Financial Considerations
- 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: Advertising/Licenses and Permits, Common Area Maintenance, Heat, Insurance, Lawn/Shrub Care, Management, Pest Control, Repairs, Sewer, Snow Removal, Taxes - Real Estate, Trash Collection, Water, Other
Disclosures and Reports
- Ownership: Fee Simple
- Exclusions: Tenant fixtures and personal belongings
- Lot Number: 7247
Listed by Destination Realty LLC, Sean H Moretti
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Schools
Schools serving 146 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 | 0.5 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 146 N 5th St
Date
Details
Price
Change
Source
1/13/2026
Listed
$450,000
172.73%
MLS
6/18/2007
Sold
$165,000
—
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 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
—
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 146 N 5th St
146 N 5th Street, Reading, PA 19601 (MLS# PABK2067170) is a Townhouse property with 0 bedrooms and 0 full bathrooms. 146 N 5th Street is currently listed for $450,000 and was received on January 13, 2026. Want to learn more about 146 N 5th 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.

