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$199,777 Just Listed
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Property Description
Investor Special with Incredible Upside in Muhlenberg Township! Welcome to 25 Water Street, a fantastic opportunity for investors, flippers, or savvy buyers looking to build instant equity. With an estimated ARV of $330,000+, this 4-bedroom home offers tremendous potential and is ready for your vision. The main level features a spacious living room, formal dining room, large kitchen, and a versatile bonus room overlooking the backyard. The second floor offers three generously sized bedrooms and a full bathroom, while the third floor provides a large fourth bedroom that can easily serve as a primary suite, office, or flex space. The unfinished basement offers ample storage and additional possibilities. Outside, you'll find an oversized detached garage, long driveway with plenty of parking, spacious backyard, patio area, and a welcoming front porch-all situated in a peaceful neighborhood setting. Whether you're looking for your next fix-and-flip, rental property, or value-add project, this home checks all the boxes. Property is being sold strictly as-is. Opportunities like this don't come around often-schedule your private tour today before it's gone!
Full Property Details
Full Property Details for 25 Water St
General
- Price: $199,777
- Taxes: $3,217 (2025)
- Status: Active
- Type: Single Family
- Source: BrightMLSPhilly
- MLS ID: PABK2073316
- Updated: 6/9/2026
- Added to Site: 2 day(s) ago
Rooms
Bathrooms
- Total Bathrooms: 1
- Full Bathrooms: 1
- Upper Floor Baths: 1
- Upper - Full Baths: 1
Bedrooms
- Total Bedrooms: 4
- Bedrooms Upper: 4
- Bedrooms-Up2: 1
Parking
- Garage: Yes
- Garage Spaces: 1
- Total Spaces: 1
- Parking Type: Driveway, Detached Garage
- Garage Description: Other
Location
- Area: Muhlenberg Twp (10266)
- Municipality: MUHLENBERG TWP
- County: BERKS
- Subdivision: READING
- Driving Directions: /
School Information
- School District: Muhlenberg
Heating & Cooling
- Cooling Type: Other
- Cooling Fuel: Other
- Heating Type: Other
- Heating Fuel: Other
- Water Heater: Other
Utilities
- Sewer: Public Sewer
- Water: Public
Structural Information
- Architectural Style: Traditional
- Structure Type: Detached
- Construction: Other
- Basement: Yes
- Basement Desc.: Interior Access
- Foundation: Concrete Perimeter
- Stories Description: Upper 1, Upper 2
- Square Feet: 1,208
- Sq. Ft. Source: Assessor
- Living Area: 1,208 Sq. Ft.
- Finished Above Grnd: 1,208 Sq. Ft.
- Year Built: 1900
- Year Built Source: Assessor
Lot Features
- Lot Size (Acres): 0.24
- Lot Size (Sq. Ft.): 10,454
- Lot Size Source: Assessor
- Zoning: RES
Financial Considerations
- Price Per Sq. Ft.: $165.38
- Assessment Year: 2026
- School Tax: $2,366
- City/TownTax: $296
- City/TownTax Freq: Annually
- County Tax: $555
- County Tax Freq: Annually
- Tax w/Assessment: $61,600
- Tax Amount: $3,217
- Tax Year: 2025
- Tax Total Finished Sq. Ft.: 1208
Disclosures and Reports
- Ownership: Fee Simple
- Lot Number: 2487
Listed by HomeSmart Realty Advisors, Michael Fingerman
Get Pre-Approved Today
Schools
Schools serving 25 Water St
School District:Muhlenberg School District
| Name | Grades | Distance |
|---|---|---|
Muhlenberg El Center 610 Sharp Avenue, Reading, PA 19605 | K-4 | 0.9 mi |
Muhlenberg Middle School 801 E Bellevue Ave, Reading, PA 19605 | 7-9 | 1.1 mi |
Muhlenberg High School 400 Sharp Avenue, Reading, PA 19605 | 10-12 | 0.8 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 25 Water St
Date
Details
Price
Change
Source
6/09/2026
Listed
$199,777
150.03%
MLS
6/30/2014
Sold
$79,900
—
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 25 Water St
Year
Property Taxes
Change
Tax Assessment
Change
2026
$925
—
$61,600
—
2025
$925
7%
$61,600
—
2024
$865
-69%
$61,600
—
2023
$2,784
2%
$61,600
—
2022
$2,737
2%
$61,600
—
2021
$2,673
—
$61,600
—
2020
$2,673
2%
$61,600
—
2019
$2,616
2%
$61,600
—
2018
$2,570
2%
$61,600
—
2017
$2,521
2%
$61,600
—
2016
$2,475
1%
$61,600
—
2015
$2,460
2%
$61,600
—
2014
$2,401
—
$61,600
—
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 25 Water St
25 Water Street, Reading, PA 19605 (MLS# PABK2073316) is a Single Family property with 4 bedrooms and 1 full bathroom. 25 Water Street is currently listed for $199,777 and was received on June 09, 2026. Want to learn more about 25 Water Street? Do you have questions about finding other Single Family real estate for sale in Reading? You can browse all Reading real estate or contact a Coldwell Banker agent to request more information.

