Mixed-Use Investment Property – 146 N 5th St, Reading, PA This five-unit mixed-use building is located at 146 N 5th Street in Reading, Pennsylvania, within the Callowhill Historic District. Zoned CC – Commercial Core, the property sits in the heart of the downtown corridor and benefits from flexible zoning intended to support dense residential, retail, and service-oriented uses. The building includes four one-bedroom apartments arranged over three upper floors, providing consistent residential income. The ground floor is occupied by an operating beauty salon that has been a tenant for over six years, offering established commercial tenancy at street level. This configuration makes the property well-suited for investors seeking stable mixed-use cash flow in a historic urban setting. CC (Commercial Core) Zoning – Examples of Permitted Uses Apartments and mixed-use buildings with residential above commercial Retail shops and personal service businesses (salon, barber, dry cleaner, etc.) Banks and financial institutions Bakeries and food-related retail (size-limited) Art, craft, and gallery uses Offices, business services, and printing services Civic, cultural, and entertainment uses (theater, performance space) This zoning flexibility, combined with long-term commercial tenancy and multiple residential units, positions the property for both continued operation and future redevelopment potential.
For sale
$450,000
146 N 5th St, Reading, PA 19601
4beds
5baths
--sqft
Est.:
Townhouse
Built in 1900
-- sqft lot
$446,600 Zestimate®
$--/sqft
$-- HOA
What's special
- 41 days |
- 828 |
- 28 |
Zillow last checked: 8 hours ago
Listing updated: January 29, 2026 at 03:45pm
Listed by:
Sean Moretti 610-743-3310,
Destination Realty LLC 6107433310
Source: Bright MLS,MLS#: PABK2067170
Tour with a local agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 5
Basement
- Area: 0
Heating
- Radiator, Steam, Natural Gas
Cooling
- None, Electric
Appliances
- Included: Electric Water Heater, Gas Water Heater
Features
- Dry Wall
- Flooring: Carpet, Ceramic Tile, Laminate, Vinyl
- Basement: Full
- Has fireplace: No
Interior area
- Total structure area: 0
Property
Parking
- Parking features: None
Accessibility
- Accessibility features: None
Features
- Patio & porch: Breezeway, Patio
- Exterior features: Lighting, Sidewalks, Street Lights, Balcony
- Pool features: None
- Has view: Yes
- View description: Courtyard
- Frontage length: Road Frontage: 30
Lot
- Size: 3,920 Square Feet
- Dimensions: 130 x 30
- Features: Interior Lot, Level, Private, Rear Yard, Zero Lot Line, Urban, Unknown Soil Type
Details
- Additional structures: Above Grade, Below Grade
- Parcel number: 07530775717247
- Zoning: CC
- Zoning description: Commercial Core
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Architectural style: Victorian
- Property subtype: Townhouse
Materials
- Brick, Brick Front, Cast Iron Plumbing, Cement Siding, Combination, Concrete, Copper Plumbing, Dryvit, Frame, Masonry, Mixed Plumbing, Stone
- Foundation: Brick/Mortar
- Roof: Architectural Shingle,Rubber
Condition
- Excellent,Good,Average
- New construction: No
- Year built: 1900
Utilities & green energy
- Electric: 100 Amp Service, 120/240V, 200+ Amp Service
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Cable Available, Electricity Available, Natural Gas Available, Phone Available, Sewer Available, Water Available, Broadband, Cable, DSL
Community & HOA
Community
- Security: Carbon Monoxide Detector(s), Main Entrance Lock, Smoke Detector(s), Fire Escape
Location
- Region: Reading
- Municipality: READING CITY
Financial & listing details
- Tax assessed value: $85,000
- Annual tax amount: $3,831
- Date on market: 1/13/2026
- Listing agreement: Exclusive Agency
- Listing terms: Conventional,Cash
- Exclusions: Tenant Fixtures And Personal Belongings
- Ownership: Fee Simple
- Total actual rent: 57420
- Income includes: Apartment Rentals
- Road surface type: Black Top, Paved
Estimated market value
$446,600
$424,000 - $469,000
$1,529/mo
Price history
Price history
| Date | Event | Price |
|---|---|---|
| 1/14/2026 | Listed for sale | $450,000+211.4% |
Source:  Bright MLS #PABK2067170 Report a problem | ||
| 2/2/2018 | Listing removed | $575 |
Source: Zillow Rental Network #79006 Report a problem | ||
| 9/22/2017 | Listed for rent | $575 |
Source: Point 2 Agent #79006 Report a problem | ||
| 3/3/2017 | Listing removed | $575 |
Source: Point2 #76512 Report a problem | ||
| 2/5/2017 | Listed for rent | $575+4.5% |
Source: Point2 #76512 Report a problem | ||
| 12/14/2016 | Listing removed | $550+10% |
Source: Point2 #75875 Report a problem | ||
| 5/5/2016 | Listing removed | $144,500 |
Source: Destination Realty LLC #6571753 Report a problem | ||
| 10/28/2015 | Listed for sale | $144,500-12.4% |
Source: Destination Realty LLC #6571753 Report a problem | ||
| 6/7/2013 | Listing removed | $500 |
Source: Century 21 Gold Report a problem | ||
| 6/4/2013 | Listed for rent | $500-42.9% |
Source: Century 21 Gold Report a problem | ||
| 2/23/2013 | Listing removed | $875 |
Source: Century 21 Gold Report a problem | ||
| 2/14/2013 | Listed for rent | $875 |
Source: Century 21 Gold Report a problem | ||
| 7/17/2007 | Sold | $165,000+3.2% |
Source: Public Record Report a problem | ||
| 2/27/2004 | Sold | $159,900 |
Source: Public Record Report a problem | ||
Public tax history
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $3,831 +1.5% | $85,000 |
| 2024 | $3,774 +1.6% | $85,000 |
| 2023 | $3,716 | $85,000 |
| 2022 | $3,716 | $85,000 |
| 2021 | $3,716 +1% | $85,000 |
| 2020 | $3,678 | $85,000 |
| 2019 | $3,678 | $85,000 |
| 2018 | $3,678 +0.7% | $85,000 |
| 2017 | $3,654 +75% | $85,000 |
| 2016 | $2,088 +8.7% | $85,000 |
| 2015 | $1,921 | $85,000 |
Find assessor info on the county website
BuyAbility℠ payment
Est. payment
$2,664/mo
Principal & interest
$2098
Property taxes
$566
Climate risks
Neighborhood: 19601
Nearby schools
GreatSchools rating
- 5/10Lauers Park El SchoolGrades: PK-4Distance: 0.3 mi
- 4/10SOUTHWEST MSGrades: 5-8Distance: 0.5 mi
- 2/10Reading Senior High SchoolGrades: 9-12Distance: 1.1 mi
Schools provided by the listing agent
- Elementary: Lauers Park
- Middle: Northwest
- High: Reading Senior
- District: Reading
Source: Bright MLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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