#PABK2060276, Daniel S Walley, Listing office: RE/MAX Of Reading
332 Franklin St West Reading, PA 19611
Property details
About 332 Franklin St
Fantastic opportunity to own a high-yield and multi-unit rental property (9% cap rate) in the heart of West Reading Borough (Wyomissing Area School District)! You can rent both units or live-in-one, rent-the-other. Unit One has 1 bedroom, 1 bathroom, a spacious living room and kitchen. The unit has had a reliable, long-term tenant on a month-to-month lease for the past five years. Unit Two has 2 bedrooms (second bedroom on the 3rd fl), 1 bathroom, a spacious living room and a large kitchen. It just became vacant in July. The walkout basement has another room for office or storage, a half bath, and laundry room. This well-maintained property has had a lot of recent renovations, including plumbing and electricity update and replacement windows. Unit One was thoroughly renovated 5 years ago. Unit Two was renovated 2 years ago. Roof, siding, and water heaters were replaced just 2 years ago. This property is ideally located within walking distance to West Reading’s vibrant shops, restaurants, bars, parks, library, museum, and Reading Hospital. Whether you're an investor or looking for a multi-family home with income potential, this is a must-see! Schedule today, this one won't last.
Highlights
(ACTIVE)
Summary
- Partial Bathrooms: 1
- Full Bathrooms: 2
- Basement: Yes
- Total Bedroom Count: 3
- Parking: Driveway,On Street,Off Street
- Architectural Style: Traditional
- Heating: Baseboard
- Cooling: Window Unit(s)
- List Price: $298,000
- Price/SqFt: $174
- Annual Tax Amount: $1,406
- Tax Year: 2024
- Directions: as GPS
- Year Built: 1920
- Living Area: 1,704 SqFt
- Municipality: West Reading Boro
- Lot Size: 0.04 Acres
- MLS Number: PABK2059642
- MLS Name: BRIGHT
- Office Name: United Real Estate Strive 212
- Office Phone: (610) 372-0212
- Office Email: urestrive212@gmail.com
- Listing Agent: Minghuei Huang
- Agent Phone: (610) 451-4361
- Agent Email: leo5274@yahoo.com
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Last updated on: 8/3/2025, 3:45:28 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Price information
Property sales
Date | Event | Price |
---|---|---|
Jun 30, 2020 | Home Sold | $142,777 |
May 12, 2006 | Home Sold | $83,000 |
Tax history
Year | Assessment | Property Tax |
---|---|---|
2024 | $65,600 | $1,406 |
2023 | $65,600 | $2,406 |
2022 | $65,600 | $3,365 |
2021 | $65,600 | $3,307 |
2020 | $65,600 | $3,210 |
2019 | $65,600 | $3,143 |
2018 | $65,600 | $3,055 |
2017 | $65,600 | $2,987 |
History based on county public records data.
Nearby schools
6
West Reading Elementary Center
Public District 5-6
0.1 mi
•421 Chestnut St
6
Lauer's Park Elementary School
Public District PK-4
0.8 mi
•251 N 2nd St
5
Northwest Area Elementary School
Public District PK-4
0.9 mi
•820 Clinton 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 $58,209. Typical income of West Reading, PA residents is between $35k-100k annually. The majority of families are single, no kids. The most common level of education of people living in this area is high school diploma.
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Frequently asked questions
About 332 Franklin St
The listing price of 332 Franklin St property is $298,000.
The property 332 Franklin St is a townhouse located in West Reading, Pennsylvania, 19611.
Active Listing: 332 Franklin St is For Sale (Active/New) which means the seller is accepting offers.
The nearby schools for 332 Franklin St are: West Reading Elementary Center (GreatSchools Rating 6/10), Lauer's Park Elementary School (GreatSchools Rating 6/10), Northwest Area Elementary School (GreatSchools Rating 5/10), Southwest Middle School (GreatSchools Rating 4/10), Northwest Middle School (GreatSchools Rating 4/10), Southern Middle School (GreatSchools Rating 4/10), Wyomissing Area Jr. / Sr. High School (GreatSchools Rating 5/10), Reading Senior High School (GreatSchools Rating 2/10), Governor Mifflin High School (GreatSchools Rating 5/10).
According to the records, the last property tax for 2024 is $1,406 (source: MLS/based on county public records data).
The last sale was on June 30, 2020 for $142,777 (source: MLS/tax record).
The property at 332 Franklin St has 3 bedrooms and 2 full and 1 half bathrooms.
The property 332 Franklin St is 1,704 SqFt (source: MLS/tax record).
The year of construction for 332 Franklin St is 1920.
This home is located at 332 Franklin St in West Reading, PA and zip code 19611. This 1,704 square foot home, which was built in 1920, sits on a 0.04 acre lot. Features: 3 bedrooms, 3 bathrooms. It has been listed on Rocket Homes since July 7, 2025 and is currently priced at $298,000.