#PABK2053848, Rosemary Reyes Alvarez, Listing Office: United Real Estate Strive 212
221 S 5th St Reading, PA 19602
Property details
About 221 S 5th St
***Calling all investors*** Don’t miss your opportunity to own a unique property that is ready to produce instant income. This freshly renovated property was once set up for a commercial lower space and potential residential in the upper level. The current owner has framed out the a large open space in the lower level with garage access from the back. This lower level would be perfect for a potential barbershop or show room with a private bathroom and private entrances that is a perfect set up for any potential business. Upstairs you’ll be pleasantly surprised to find 4 spacious 1 beds each with their own full bathroom. You’ll also find a full kitchen, one more additional potential bedroom, and extra storage space. Located in a vibrant historical part of the city this property will be a great additional to any portfolio. Contact us today with any questions.
Highlights
(ACTIVE)
Summary
- Full Bathrooms: 5
- Basement: No
- Flooring Type: Laminated, Tile/Brick, Vinyl
- Total Bedroom Count: 5
- Garage Space: 2 spaces
- Parking: Garage - Rear Entry, Attached Garage
- Architectural Style: Traditional
- Heating: Baseboard
- Cooling: None
- List Price: $299,900
- Price/SqFt: $137
- Annual Tax Amount: $1,257
- Tax Year: 2024
- Directions: Get on US-422 E from Crossing Dr. Continue on US-422 E to West Reading. Take the US-422 BUS E exit from US-422 E. Continue on US-422 BUS E/Penn Ave. Take Franklin St to S 5th St in Reading
- Year Built: 1900
- Stories: 3
- Living Area: 2,178 SqFt
- Municipality: Reading City
- Lot Size: 0.05 Acres
- MLS Number: PABK2056614
- MLS Name: BRIGHT
- Office Name: Coldwell Banker Realty
- Office Phone: (610) 373-9900
- Listing Agent: Kimberly Delgado
- Agent Phone: (484) 426-6066
- Agent Email: kimberly.delgado@cbrealty.com
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Last updated on: 5/1/2025, 5:20:51 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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$299,900
221 S 5th St
$3,561
closing credit¹
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0.5% sale price²
Price information
Property sales
Date | Event | Price |
---|---|---|
May 24, 2023 | Home Sold | $87,000 |
Mar 28, 2022 | Home Sold | $160,000 |
Tax history
Year | Assessment | Property Tax |
---|---|---|
2024 | $47,500 | $1,257 |
2023 | $47,500 | $2,076 |
2022 | $47,500 | $2,076 |
2021 | $47,500 | $2,076 |
2020 | $47,500 | $2,055 |
2019 | $47,500 | $2,055 |
2018 | $47,500 | $2,055 |
2017 | $47,500 | $2,042 |
History based on county public records data.
Nearby schools
2
Tyson-Schoener Elementary School
Public District PK-4
0.1 mi
•315 S 5th St
4
Amanda E. Stout Elementary School
Public District PK-4
0.5 mi
•321 S 10th St
4
10th and Penn Elementary School
Public District PK-4
0.5 mi
•955 Penn St
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $18,953. Typical income of Reading, PA residents is less than $<35k annually. Residents typically live in single, no kids family. The most common level of education of people living in this area is high school diploma.
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Frequently asked questions
About 221 S 5th St
The listing price of 221 S 5th St property is $299,900.
The property 221 S 5th St is a townhouse located in Reading, Pennsylvania, 19602.
Active Listing: 221 S 5th St is For Sale (Active/New) which means the seller is accepting offers.
The nearby schools for 221 S 5th St are: Tyson-Schoener Elementary School (GreatSchools Rating 2/10), Amanda E. Stout Elementary School (GreatSchools Rating 4/10), 10th and Penn Elementary School (GreatSchools Rating 4/10), Southwest Middle School (GreatSchools Rating 4/10), Southern Middle School (GreatSchools Rating 4/10), Central Middle School (GreatSchools Rating 4/10), Reading Senior High School (GreatSchools Rating 2/10), Wyomissing Area Jr. / Sr. High School (GreatSchools Rating 5/10), Governor Mifflin High School (GreatSchools Rating 5/10).
According to the records, the last property tax for 2024 is $1,257 (source: MLS/based on county public records data).
The last sale was on May 24, 2023 for $87,000 (source: MLS/tax record).
The property at 221 S 5th St has 5 bedrooms and 5 bathrooms.
The property 221 S 5th St is 2,178 SqFt (source: MLS/tax record).
The year of construction for 221 S 5th St is 1900.
This home is located at 221 S 5th St in Reading, PA and zip code 19602 in the Callowhill Historic District neighborhood. This 2,178 square foot home, which was built in 1900, sits on a 0.05 acre lot. Features: 5 bedrooms, 5 bathrooms. It has been listed on Rocket Homes since April 29, 2025 and is currently priced at $299,900.
In March 2025 more than 54 listings in Reading, PA were sold above the asking price. During the same period more than 34 listings were sold at asking price, while more than 43 were sold below. In March 2025 in Reading, PA there were 23.2% more homes for sale than in February. The median list price of listings available in March 2025 was $251,943, while the average time on the real estate market was 31 days.