518 Franklin Street Reading, PA $ 365,000
518 Franklin Street
$ 365,000
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518 Franklin Street

Reading, PA, 19602
$ 365,000
Bedrooms6 Baths0.0

Monthly Estimate*

$ 2,305

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Multi-Family Home for sale in Reading, PA

for $365,000 with 6 bedrooms. This home was built in 1900 on a lot size of 0.03.

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.

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Multi-Family Active

Price

$ 365,000

Bedrooms

6

Property Type

Multi-Family

Taxes

$ 1,352

Style

Traditional

Lot Size

0.03

Year Built

1900

Town/City

Reading

County/Region

Berks

MLS | Web ID

PABK2074060

Features
General
Living Area 0
Sewer Public Sewer
Heating Baseboard - Electric
Cooling None
Possession Settlement Subject to Existing Lease
Appliances Refrigerator
Zoning RESIDENTIAL
Architectural Style Traditional
Construction Materials Brick
School District READING
Year Built 1900
Property Subtype Quadruplex
Tax Year 2025
Ownership Fee Simple
Cool Fuel None
Municipality READING CITY
Gross Income 40504.00
Accessibility None
County BERKS
Net Operating Income 12923.57
New Construction N
Property Type Multi-Family
Garage Y/N N
Water Access Y/N N
Other Structures Above Grade Below Grade
Status ACTIVE
Directions From Penn Street turn onto Franklin Street. Continue to 518 Franklin St which will be on your right.
City READING
Number Of Units Total 4
MLS Area Reading City (10201)
Lot Size Units Square Feet
Lot Size Square Feet 1306.00
Tax Annual Amount 1352.0
Home Warranty Y/N N
Property Condition Good
Trash Expense 2520.00
Two Bedroom 2
Structure Type Interior Row/Townhouse
Acceptable Financing Conventional Cash
Vacation Rental Y/N N
Lease Type Yearly Month to Month
Standard Status Active
Year Built Source Estimated
Tax Lot 0564
Total Actual Rent 40504.19
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Interior
Interior Amenities Carpet
Heating Fuel Electric
Basement Unfinished Full
Hot Water Other
Basement (Y/N) Y
Heating Y/N Y
Fireplace Y/N N
Central Air Y/N N
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Exterior
Pool No Pool
Water Source Public
Type of Parking On Street
Foundation Details Other
Water View Y/N N
Lot Dimensions 0.00 x 0.00
Lot Size Acres 0.03
Lot Size Source Assessor
Waterfront Y/N N
Pool Charge 0.00
Land Assessed Value 8800.00
Navigable Water Y/N N
Water Oriented Y/N N
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Internal Only
Street Number 1 518
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* Excluded Features
List By
Bold Realty

Broker

trent@boldpa.com

Email

Affordability Calculator

$2,417
Per Month
95%
5%
0%
Monthly Principal & Interest
$2,305
Monthly Property Taxes
$113
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
2183915 Elementary School
2183912 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
6/30/2026$365,000 Listed Price

Map


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518 Franklin Street, Reading, PA, 19602 is a Multi-Family Home for sale at $365,000 with a lot size of 0.03. 518 Franklin Street has 6 bedrooms, 0.0 baths, and was built in 1900. The property's zip code is 19602 which is in Reading, PA