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$450,000 Coming Soon
Property Description
Exceptional investment opportunity! 300 S 5th Street is a well-maintained five-unit property offering immediate cash flow with even greater upside potential. Currently generating $4,400 per month in rental income, this property has additional income capacity as the owner-occupied first-floor unit is not contributing to current rents-providing a clear path for increased returns. Additionally, there is a two car garage which can be utilized by the owner or rented out. A rare and valuable feature, this listing also includes a separately deeded parking lot located directly behind the property-further enhancing the property's overall revenue potential. Whether you're looking to expand your portfolio or secure a strong income-producing asset with upside, this property checks all the boxes. Additional details and photos coming soon-stay tuned!
Full Property Details
Full Property Details for 300 S 5th St
General
- Price: $450,000
- Taxes: $3,014 (2026)
- Status: Coming Soon
- Type: Townhouse
- Source: BrightMLSPhilly
- MLS ID: PABK2070372
- Updated: 4/7/2026
- Added to Site: 1 day(s) ago
- Expected Market Date: 4/11/2026
Interior
- Flooring: Wood, Carpet, Vinyl
Parking
- Total Spaces: 4
- Parking Features: Asphalt Driveway
- Parking Type: Parking Lot
Location
- Area: Reading City (10201)
- Municipality: READING CITY
- County: BERKS
- Cross Streets: Spruce
- Driving Directions: 300 S. 5th Street, Reading, PA 19602
- Location Details: Downtown
School Information
- School District: Reading
Heating & Cooling
- Cooling Type: Window Unit(s)
- Cooling Fuel: Electric
- Heating Type: Hot Water, Radiator
- Heating Fuel: Oil, Natural Gas, Other
- Water Heater: Oil, Electric
Utilities
- Sewer: Public Sewer
- Water: Public
- Utility Description: Water Available, Sewer Available, Natural Gas Available, Electric Available, Phone, Cable TV Available, Above Ground
Structural Information
- Architectural Style: Traditional
- Structure Type: End of Row/Townhouse
- Construction: Brick, Copper Plumbing, Mixed Plumbing
- Foundation: Stone
- Roof: Pitched
- Sq. Ft. Source: Assessor
- Year Built: 1900
- Year Built Source: Estimated
Lot Features
- Lot Size (Acres): 0.04
- Lot Size (Sq. Ft.): 1,742
- Lot Size Source: Assessor
- Zoning: MIXED
- Lot Description: Additional Lot(s)
Financial Considerations
- Assessment Year: 2026
- School Tax: $1,171
- City/TownTax: $1,255
- City/TownTax Freq: Annually
- County Tax: $589
- County Tax Freq: Annually
- Tax w/Assessment: $65,300
- Tax Amount: $3,014
- Tax Year: 2026
Disclosures and Reports
- Ownership: Fee Simple
- Exclusions: Tenant Belongings
- Lot Number: 7458
Listed by United Real Estate Strive 212, Chad A Schlanger
Get Pre-Approved Today
Schools
Schools serving 300 S 5th St
School District:Reading School District
| Name | Grades | Distance |
|---|---|---|
Tyson-Schoener El School 315 South 5th Street, Reading, PA 19602 | PK-4 | 0.1 mi |
Southwest Ms 300 Chestnut Street, Reading, PA 19602 | 5-8 | 0.2 mi |
Reading Senior High School 801 North 13th Street, Reading, PA 19604 | 9-12 | 1.5 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 300 S 5th St
Date
Details
Price
Change
Source
4/07/2026
Listed
$450,000
592.31%
MLS
9/01/2020
Sold
$65,000
—
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 300 S 5th St
Year
Property Taxes
Change
Tax Assessment
Change
2025
$1,772
2%
$65,300
—
2024
$1,729
-39%
$65,300
—
2023
$2,855
—
$65,300
—
2022
$2,855
—
$65,300
—
2021
$2,855
1%
$65,300
—
2020
$2,826
—
$65,300
—
2019
$2,826
—
$65,300
—
2018
$2,826
1%
$65,300
—
2017
$2,807
1%
$65,300
—
2016
$2,773
5%
$65,300
—
2015
$2,643
1%
$65,300
—
2014
$2,611
—
$65,300
—
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 300 S 5th St
300 S 5th Street, Reading, PA 19602 (MLS# PABK2070372) is a Townhouse property with 0 bedrooms and 0 full bathrooms. 300 S 5th Street is currently listed for $450,000 and was received on April 07, 2026. Want to learn more about 300 S 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.
