518 Franklin Street, Reading, PA 19602 - Photo 1

1/1

$340,000

Sold
Closed
Townhouse

1/1

Property Description

Exceptional investment opportunity in the heart of Reading! The property is fully occupied and provides immediate rental income, making it an excellent addition to any investment portfolio. Income-producing multifamily investment opportunity. Strong cash-flowing property with immediate income potential. Conveniently located near shopping, dining, schools, and public transportation. Easy access to major commuter routes. Excellent addition to an investment portfolio or for a first-time investor. Tenant Pays: Electric and gas. Appliances Included: Stove and refrigerator. Convenient location near shopping, dining, schools, public transportation, and major commuter routes. Excellent addition to any investment portfolio.

Full Property Details

Full Property Details for 518 Franklin St

General

Sold For: $340,000
Taxes: $1,352 (2025)
Status: Closed
Type: Townhouse
Source: BrightMLSPhilly
MLS ID: PABK2074060
Added to Site: 104 day(s) ago

Rental Information

Lease Info: Yearly, Month to Month

Interior

Interior Features: Carpet
Appliances: Refrigerator

Parking

Parking Type: On Street

Location

Area: Reading City (10201)
Municipality: READING CITY
County: BERKS
Driving Directions: From Penn Street, turn onto Franklin Street. Continue to 518 Franklin St, which will be on your right.

School Information

School District: Reading

Heating & Cooling

Cooling Type: None
Heating Type: Baseboard - Electric
Heating Fuel: Electric
Water Heater: Other

Utilities

Sewer: Public Sewer
Water: Public

Structural Information

Architectural Style: Traditional
Structure Type: Interior Row/Townhouse
Construction: Brick
Basement: Yes
Basement Desc.: Unfinished, Full
Foundation: Other
Sq. Ft. Source: Assessor
Year Built: 1900
Year Built Source: Estimated
Property Condition: Good

Unit Information

Other Units: Unit 1, Unit 2, Unit 4, Unit 3

Lot Features

Lot Size (Acres): 0.03
Lot Size (Sq. Ft.): 1,306
Lot Size Source: Assessor
Zoning: RESIDENTIAL

Financial Considerations

Assessment Year: 2026
School Tax: $525
City/TownTax: $563
City/TownTax Freq: Annually
County Tax: $264
County Tax Freq: Annually
Tax w/Assessment: $29,300
Tax Amount: $1,352
Tax Year: 2025
Terms: Standard Sale

Disclosures and Reports

Ownership: Fee Simple
Lot Number: 564

Listed by Bold Realty, Trent L Stauffer
Sold by United Real Estate Strive 212, Gloria Garcia

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Listing agent

— 518 Franklin St —

Trent L Stauffer

Bold Realty

Listing Office Email: info@boldpa.com

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Schools

Schools serving 518 Franklin St

School District:Reading School District

Name	Grades	Distance
Tyson-Schoener El School 315 South 5th Street, Reading, PA 19602	PK-4	0.3 mi
Southwest Ms 300 Chestnut Street, Reading, PA 19602	5-8	0.3 mi
Reading Senior High School 801 North 13th Street, Reading, PA 19604	9-12	1.3 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 518 Franklin St

Date

Details

Price

Change

Source

8/28/2026

Sold

$340,000

-2.86%

MLS

7/09/2026

Price Reduced

$350,000

-4.11%

MLS

6/30/2026

Listed

$365,000

—

MLS

Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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Beds
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Single Family
Active
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3
Beds
3
Total Baths
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Sq. Ft.

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Active
Updated 9 hours ago

4
Beds
2
Total Baths
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518 Franklin Street, Reading, PA 19602 (MLS# PABK2074060) is a Townhouse property that was sold at $340,000 on August 28, 2026. Want to learn more about 518 Franklin 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.

518 Franklin St Reading, PA 19602