$4,038

closing credit¹

221 S 5th St Reading, PA 19602

$340,000
5 beds
3 full
0.05 acres
Townhouse

Property details

About 221 S 5th St

Unique opportunity to own a mixed-use property where the possibilities of this property are endless! This 2 story with a potential store front property awaits a new owner to turn their vision into reality. The first floor was originally used as a bakery at one point and was being converted into a barber shop. Upstairs has the potential to become possible income producing rooms with plumbing available for separate bathrooms. This property was zoned commercial but due to it being inactive for over a year it is now converted back to residential conforming. Which is why the possibilities are endless! This property even has the potential to have a garage / parking in the back. The seller is INCLUDING all building materials with the sale which includes all flooring, tile, drywall, compound and more. Contact the listing agent with any questions.

Highlights

Home typeTownhouse
HeatingRadiant
StatusActive
(ACTIVE)
BasementYes
Lot size0.05 Acres
Year built1900
ParkingOn Street
MLS #PABK2048238

Summary

  • MLS Number: PABK2048238
  • MLS Name: BRIGHT
  • Office Name: Keller Williams Realty Devon-Wayne
  • Office Phone: (610) 647-8300
  • Office Email: klrw894@kw.com
  • Listing Agent: Scott J Lipschutz

IDX Information Deemed Reliable But Not Guaranteed. The data relating to real estate for sale on this website appears in part through the BRIGHT Internet Data Exchange program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms in which participates, and is provided by BRIGHT through a licensing agreement.

The information provided by this website is for the personal, non-commercial use of consumers and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale on this website may no longer be available because they are under contract, have sold or are no longer being offered for sale. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. This home sale information is not to be construed as an appraisal and may not be used as such for any purpose.

BRIGHT MLS is the (or a) provider of this home sale information and has compiled content from various sources. Some properties represented may not have actually sold due to reporting errors. ©2025 BrightMLS. All rights reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 2/1/2025, 1:20:55 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

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$340,000

221 S 5th St

$4,038

closing credit¹

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Price information

Property sales

DateEventPrice
May 24, 2023
Home Sold
$87,000
Mar 28, 2022
Home Sold
$160,000

Tax history

YearAssessmentProperty 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.

All data from GreatSchools

Neighborhood

The neighbors living near this home have an average income of $18,953. Residents of Reading, PA typically earn less than $<35k each year. Most families are single, no kids. The most common level of education of people living in this area is high school diploma.

How much money do the neighbors make?

62%
<35k
32%
35k-100k
5%
100k-200k
1%
200k+

What level of education do the neighbors have?

High School Diploma
Post Secondary Degree

What types of families live nearby?

47%
Single, No Kids
34%
Single, with Kids
9%
Married, No Kids
10%
Married, with Kids

Are the neighbors home owners or renters?

Home Owners
Renters

How old are people in this area?

23%
<11 yrs old
10%
12-17 yrs old
28%
18-34 yrs old
32%
35-64 yrs old
7%
65+ yrs old

What do the neighbors do for fun?

  • UFCUFC
  • Pro BoxingPro Boxing
  • NBA/WNBANBA/WNBA

Where do the neighbors shop?

  • Family DollarFamily Dollar
  • BurlingtonBurlington
  • Express/Express For MenExpress/Express For Men

Where do the neighbors go to eat?

  • Burger KingBurger King
  • PopeyesPopeyes
  • StarbucksStarbucks

What do the neighbors drive?

  • BuickBuick
  • DodgeDodge
  • PontiacPontiac

What do the neighbors listen to?

  • Urban ContemporaryUrban Contemporary
  • Adult StandardsAdult Standards
  • Urban Adult ContemporaryUrban Adult Contemporary
All data provided by Home Junction and Claritas

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Frequently asked questions

About 221 S 5th St

This home is located at 221 S 5th St in Reading, PA and zip code 19602 in the Callowhill Historic District neighborhood. Features: 5 bedrooms, 3 bathrooms. It has been listed on Rocket Homes since October 1, 2024 and is currently priced at $340,000.

Reading, PA housing market in December 2024 saw over 69 listings sold above listed price, more than 27 sold at listed price and over 50 sold below. Between November and December 2024, Reading, PA real estate market has seen decrease in the number of listings by 17.4%. In December 2024, listings were on the market for 22 days. During the same period, the median list price in this real estate market was $250,000.

From Rocket Homes Real Estate and based on county public records data.

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