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$365,000

  • For Sale
  • Active
  • Townhouse
  • Updated 8 days ago
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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 for 518 Franklin St

General

  • Price: $365,000
  • Taxes: $1,352 (2025)
  • Status: Active
  • Type: Townhouse
  • Source: BrightMLSPhilly
  • MLS ID: PABK2074060
  • Updated: 6/30/2026
  • Added to Site: 8 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

Disclosures and Reports

  • Ownership: Fee Simple
  • Lot Number: 564

Listed by Bold Realty, Trent L Stauffer

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Listing agent

— 518 Franklin St —

  • Trent L Stauffer

    Bold Realty

Listing Office Email: info@boldpa.com

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 518 Franklin St

School District:Reading School District
NameGradesDistance
Tyson-Schoener El School
315 South 5th Street, Reading, PA 19602
PK-40.3 mi
Southwest Ms
300 Chestnut Street, Reading, PA 19602
5-80.3 mi
Reading Senior High School
801 North 13th Street, Reading, PA 19604
9-121.3 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 Get Price Alerts and Save Property

Date
Details
Price
Change
Source
6/30/2026
Listed
$365,000
280.6%
MLS
11/07/2008
Sold
$95,900
—
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 518 Franklin St

Year
Property Taxes
Change
Tax Assessment
Change
2026
$845
—
$46,900
—
2025
$845
4%
$46,900
—
2024
$813
-60%
$46,900
—
2023
$2,022
—
$46,900
—
2022
$2,022
1%
$46,900
—
2021
$2,010
—
$46,900
—
2020
$2,010
1%
$46,900
—
2019
$1,999
—
$46,900
—
2018
$1,999
1%
$46,900
—
2017
$1,974
1%
$46,900
—
2016
$1,962
1%
$46,900
—
2015
$1,950
4%
$46,900
—
2014
$1,868
—
$46,900
—
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 518 Franklin St

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

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Listed by Bold Realty, Trent L Stauffer

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518 Franklin Street, Reading, PA 19602 (MLS# PABK2074060) is a Townhouse property with 0 bedrooms and 0 full bathrooms. 518 Franklin Street is currently listed for $365,000 and was received on June 30, 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.

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