Opportunity knocks at 1032 N 5th Street, a legal two-unit in Reading’s highly desirable Centre Park Historic District. This income-producing property combines historic charm with investment intelligence — featuring original wood trim, partial hardwood floors, and classic architecture that stands out. The first-floor 1-bedroom unit is vacant and move-in ready, perfect for an owner-occupant looking to house hack while generating income. Market rent is estimated at $1,150/month. The second-floor 2-bedroom unit is tenant-occupied and cash flowing, with tenants happy to stay — or unlock up to $1,650/month in potential rent after a light turnover. With separate utilities, strong structure, and curb appeal to spare, this is a rare opportunity in one of Reading’s most stable and high-demand rental corridors. Whether you're growing your portfolio or making your first smart move, 1032 N 5th is a value play that delivers now and in the long run.
For sale
$259,900
1032 N 5th St, Reading, PA 19601
4beds
--baths
2,101sqft
Est.:
Townhouse
Built in 1903
-- sqft lot
$-- Zestimate®
$124/sqft
$-- HOA
What's special
Original wood trimVacant and move-in readyCurb appealClassic architecturePartial hardwood floors
- 7 days
- on Zillow |
- 512 |
- 18 |
Zillow last checked: 7 hours ago
Listing updated: July 31, 2025 at 08:26am
Listed by:
Jose Vazquez 610-741-5010,
Light House Realtors, LLC (484) 273-0056
Source: Bright MLS,MLS#: PABK2060516

Travel times
Tour with a buyer's agent
Tour with a buyer's agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
Basement
- Area: 0
Heating
- Radiator, Oil
Cooling
- None, Natural Gas
Appliances
- Included: Gas Water Heater
Features
- Has fireplace: No
Interior area
- Total structure area: 2,101
- Total interior livable area: 2,101 sqft
Property
Parking
- Parking features: None
Accessibility
- Accessibility features: None
Features
- Pool features: None
Lot
- Size: 1,742 Square Feet
Details
- Additional structures: Above Grade, Below Grade
- Parcel number: 14530751767050
- Zoning: RESIDENTIAL
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Architectural style: Traditional
- Property subtype: Townhouse
Materials
- Brick
- Foundation: Brick/Mortar
Condition
- New construction: No
- Year built: 1903
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & HOA
Location
- Region: Reading
- Municipality: READING CITY
Financial & listing details
- Price per square foot: $124/sqft
- Tax assessed value: $62,400
- Annual tax amount: $2,812
- Date on market: 7/31/2025
- Listing agreement: Exclusive Right To Sell
- Listing terms: Cash,Conventional,FHA
- Ownership: Fee Simple
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