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$306,000
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Property Description
Don't miss this excellent opportunity to own a well-maintained multi-unit property in the heart of Reading, PA. This versatile building features three spacious units offering a solid investment for both new and seasoned investors. Each unit has its own electric meter, and tenants are responsible for their own electric and heating, keeping owner expenses low. The owner currently covers water, sewer, trash, and hot water. The property is in turnkey condition with a strong rental history, newer roof, updated systems, and value-add potential through minor cosmetic upgrades or future rent increases. Whether you're looking to expand your portfolio or occupy part of the space while renting the rest, this property offers stable income and long-term upside.
Full Property Details
Full Property Details for 532 Washington St
General
- Sold For: $306,000
- Taxes: $1,798 (2025)
- Status: Closed
- Type: Townhouse
- Source: BrightMLSPhilly
- MLS ID: PABK2064118
- Added to Site: 189 day(s) ago
Interior
- Flooring: Laminate Plank
Parking
- Parking Type: None
Location
- Area: Reading City (10201)
- Municipality: READING CITY
- County: BERKS
- Driving Directions: From Route 422: Take the Penn Street exit toward downtown Reading. Cross the Penn Street Bridge and continue into the city. Turn right onto 5th Street, then left onto Washington Street. Property will be on the left.
School Information
- School District: Reading
Heating & Cooling
- Cooling Type: None
- Heating Type: Baseboard - Electric
- Heating Fuel: Electric
- Water Heater: Electric
Utilities
- Sewer: Public Sewer
- Water: Public
Structural Information
- Architectural Style: Traditional
- Structure Type: Interior Row/Townhouse
- Construction: Brick
- Basement: Yes
- Basement Desc.: Full, Unfinished
- Foundation: Stone
- Roof: Rubber
- Square Feet: 3,000
- Sq. Ft. Source: Estimated
- Living Area: 3,000 Sq. Ft.
- Finished Above Grnd: 3,000 Sq. Ft.
- Year Built: 1890
- Year Built Source: Estimated
- Property Condition: Average
Unit Information
- Other Units: Unit 1, Unit 2, Unit 3
Lot Features
- Lot Size (Acres): 0.02
- Lot Size (Sq. Ft.): 871
- Lot Size Source: Assessor
- Zoning: RES
Financial Considerations
- Price Per Sq. Ft.: $104.97
- Operating Expenses: $3,950
- Assessment Year: 2025
- School Tax: $715
- City/TownTax: $723
- City/TownTax Freq: Annually
- County Tax: $360
- County Tax Freq: Annually
- Tax w/Assessment: $39,900
- Tax Amount: $1,798
- Tax Year: 2025
- Terms: Standard Sale
- Owner Pays: Water, Sewer, Trash Collection, Gas
Disclosures and Reports
- Ownership: Fee Simple
- Inclusions: 3 Refrigerator, 3 Stoves, Washer and Dryer
- Lot Number: 2785
Listed and Sold by Keller Williams Platinum Realty - Wyomissing, Zylkia R Rivera
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Schools
Schools serving 532 Washington St
School District:Reading School District
| Name | Grades | Distance |
|---|---|---|
Lauers Park El School 251 North 2nd Street, Reading, PA 19601 | PK-4 | 0.4 mi |
Southwest Ms 300 Chestnut Street, Reading, PA 19602 | 5-8 | 0.4 mi |
Reading Senior High School 801 North 13th Street, Reading, PA 19604 | 9-12 | 1.1 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 532 Washington St
Date
Details
Price
Change
Source
3/13/2026
Sold
$306,000
-2.83%
MLS
10/15/2025
Listed
$314,900
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
532 Washington Street, Reading, PA 19601 (MLS# PABK2064118) is a Townhouse property that was sold at $306,000 on March 13, 2026. Want to learn more about 532 Washington 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.

