For sale

Price cut: $11K (11/20)

$499,000

24 Philadelphia Ave, Reading, PA 19607

6beds

--baths

--sqft

Est.:

Multi Family

Built in 1900

-- sqft lot

$501,800 Zestimate^®

$--/sqft

$-- HOA

What's special

Very rare 5 unit rental property in the heart of Shillington, Current annual rents total $58,200 with several units being under market value. 4 one bedroom units and 1 two bedroom unit. Gas heat and hot water paid by owner, trash and recycling paid by tenants. This would be a great starter property for the new investor or solid addition to a seasoned investors portfolio. Property is within walking distance to all major amenities and public transportation and when a unit does become available it is unusually rented within days. Property just passed the Shillington rental codes inspection.

58 days

390

20

Tour with a local agent

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 6

Basement

Area: 0

Heating

Radiator, Natural Gas

Cooling

None, Electric

Appliances

Included: Gas Water Heater

Features

Has fireplace: No

Interior area

Total structure area: 0

Property

Parking

Parking features: None

Accessibility

Accessibility features: None

Features

Pool features: None

Lot

Size: 7,840 Square Feet

Details

Additional structures: Above Grade, Below Grade
Parcel number: 77439507782074
Zoning: MIXED USE COMMERCIAL
Special conditions: Standard

Construction

Type & style

Home type: MultiFamily
Architectural style: Traditional
Property subtype: Multi Family

Materials

Brick
Foundation: Other
Roof: Pitched,Shingle

Condition

New construction: No
Year built: 1900

Utilities & green energy

Electric: 200+ Amp Service
Sewer: Public Sewer
Water: Public

Community & HOA

Location

Region: Reading
Municipality: SHILLINGTON BORO

Financial & listing details

Tax assessed value: $100,300
Annual tax amount: $4,942
Date on market: 10/14/2025
Listing agreement: Exclusive Right To Sell
Listing terms: Cash,Conventional
Ownership: Fee Simple

Estimated market value

$501,800

$477,000 - $527,000

$1,354/mo

Price history

Date	Event	Price
12/4/2025	Price change	$1,100-4.3%
Source: Zillow Rentals Report a problem
11/20/2025	Price change	$499,000-2.2%
Source: Bright MLS #PABK2064232 Report a problem
11/20/2025	Price change	$1,150-8%
Source: Zillow Rentals Report a problem
11/5/2025	Pending sale	$510,000
Source: Bright MLS #PABK2064232 Report a problem
11/2/2025	Listing removed	$510,000
Source: Bright MLS #PABK2064232 Report a problem