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$249,900
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Property Description
Discover a prime investment opportunity in the heart of Reading! With 2,118 finished square feet, this property offers ample space for rental income potential. The full basement provides additional storage or the possibility for future expansion, while off-street parking enhances tenant appeal. The low-maintenance lot of just 0.04 acres means less upkeep and more profit. Investors will appreciate the current condition of the property, which is ready for immediate occupancy or rental. With owner-paid utilities including water, sewer, and trash collection, your investment remains hassle-free. Positioned in a desirable area, this property is a fantastic opportunity to capitalize on the growing rental market. Don't miss your chance to secure a valuable asset that promises strong returns and long-term growth potential!
Full Property Details
Full Property Details for 718 Franklin St
General
- Price: $249,900
- Taxes: $1,606 (2026)
- Status: Active
- Type: Townhouse
- Source: BrightMLSPhilly
- MLS ID: PABK2074086
- Updated: 7/1/2026
- Added to Site: 12 day(s) ago
Rental Information
- Lease Info: Month to Month
Parking
- Total Spaces: 2
- Parking Type: Off Street
Location
- Area: Reading City (10201)
- Municipality: READING CITY
- County: BERKS
- Subdivision: READING
- Driving Directions: From Penn St to S 5th St, turn Left on Franklin St, and the property will be on the left.
School Information
- School District: Reading
Heating & Cooling
- Cooling Type: Window Unit(s)
- Heating Type: Radiator
- Heating Fuel: Natural Gas
- Water Heater: 60+ Gallon Tank
Utilities
- Sewer: Public Sewer
- Water: Public
- Utility Description: Natural Gas Available, Sewer Available, Water Available
Structural Information
- Architectural Style: Traditional
- Structure Type: Interior Row/Townhouse
- Construction: Brick
- Basement: Yes
- Basement Desc.: Full
- Foundation: Brick/Mortar
- Square Feet: 2,118
- Sq. Ft. Source: Assessor
- Living Area: 2,118 Sq. Ft.
- Finished Above Grnd: 2,118 Sq. Ft.
- Year Built: 1900
- Year Built Source: Estimated
- Property Condition: Good
Unit Information
- Other Units: Unit 1, Unit 1
Lot Features
- Lot Size (Acres): 0.04
- Lot Size (Sq. Ft.): 1,742
- Lot Size Source: Estimated
- Zoning: RESIDENTIAL
Financial Considerations
- Price Per Sq. Ft.: $117.99
- Assessment Year: 2026
- School Tax: $624
- County Tax: $314
- County Tax Freq: Annually
- Tax w/Assessment: $34,800
- Tax Amount: $1,606
- Tax Year: 2026
- Owner Pays: Water, Sewer, Trash Collection, Taxes - Real Estate
- Tax Total Finished Sq. Ft.: 2118
Disclosures and Reports
- Ownership: Fee Simple
- Exclusions: Tenants belongings
- Inclusions: Refrigerators, Stoves
- Lot Number: 1532
Listed by United Real Estate Strive 212, Gabriel Duran
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Schools
Schools serving 718 Franklin St
School District:Reading School District
| Name | Grades | Distance |
|---|---|---|
Southern Middle School, Reading, PA 931 Chestnut Street, Reading, PA 19602 | 5-8 | 0.3 mi |
Amanda E Stout Elementary School 321 South 10th Street, Reading, PA 19602 | PK-4 | 0.4 mi |
Reading Senior High School 801 North 13th Street, Reading, PA 19604 | 9-12 | 1.2 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 718 Franklin St
Date
Details
Price
Change
Source
6/26/2026
Listed
$249,900
284.46%
MLS
4/06/2021
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 718 Franklin St
Year
Property Taxes
Change
Tax Assessment
Change
2026
$982
4%
$34,800
—
2025
$945
3%
$34,800
—
2024
$921
-39%
$34,800
—
2023
$1,521
—
$34,800
—
2022
$1,521
—
$34,800
—
2021
$1,521
1%
$34,800
—
2020
$1,506
—
$34,800
—
2019
$1,506
—
$34,800
—
2018
$1,506
1%
$34,800
—
2017
$1,496
1%
$34,800
—
2016
$1,478
5%
$34,800
—
2015
$1,408
1%
$34,800
—
2014
$1,391
—
$34,800
—
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 718 Franklin St
718 Franklin Street, Reading, PA 19602 (MLS# PABK2074086) is a Townhouse property with 0 bedrooms and 0 full bathrooms. 718 Franklin Street is currently listed for $249,900 and was received on June 26, 2026. Want to learn more about 718 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.

