**Highest and Best by Sunday 7/6 at 5 P.M.** Investor Alert – Turnkey 3-Unit Property with Upside Potential! Don't miss this prime opportunity to own a fully rented, income-producing triplex in the heart of Reading! 116 S 4th Street offers three units with long-term tenants in place. Current rents are below market, providing an excellent opportunity for increased cash flow through future rent adjustments. This solid brick building features spacious layouts, separate entrances for each unit. The property also includes a private backyard and basement storage, adding even more value. Conveniently located near downtown Reading, public transportation, and major commuter routes, this property is attractive to tenants and investors alike. Tenants will appreciate the convenient location just minutes from downtown, local shops, restaurants, public transportation, and Route 422 Be sure to review the projected and current market rents as you evaluate this promising investment opportunity — there's significant room for growth! Whether you’re looking to expand your portfolio or house-hack with rental income, 116 S 4th Street offers steady cash flow in an area seeing growing investor interest. Don’t miss this chance to own a multi-unit in a high-demand rental market!
Sold for $250,000
$250,000
116 S 4th St, Reading, PA 19602
5beds
3baths
2,712sqft
Townhouse
Built in 1920
-- sqft lot
$-- Zestimate®
$92/sqft
$2,071 Estimated rent
Home value
Not available
Estimated sales range
Not available
$2,071/mo
Zestimate® history
Owner options
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$1,750/mo
Est. payment
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List your homeWhat's special
Private backyardSpacious layoutsBasement storageSolid brick building
Zillow last checked:
Listing updated:
Listed by:
Mr. Anthony Borelli 610-507-3520,
Century 21 Gold,
Co-Listing Agent: Joshua Abraham 610-451-0960,
Century 21 Gold
Bought with:
Mark Crystal, RS338130
Sands & Company Real Estate
Source: Bright MLS,MLS#: PABK2059286
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 5
- Bathrooms: 3
Basement
- Area: 0
Heating
- Hot Water, Natural Gas
Cooling
- Window Unit(s), Electric
Appliances
- Included: Gas Water Heater
Features
- Basement: Full
- Has fireplace: No
Interior area
- Total structure area: 2,712
- Total interior livable area: 2,712 sqft
Property
Parking
- Parking features: On Street
- Has uncovered spaces: Yes
Accessibility
- Accessibility features: None
Features
- Patio & porch: Porch
- Pool features: None
Lot
- Size: 2,613 Square Feet
- Features: Level
Details
- Additional structures: Above Grade, Below Grade
- Parcel number: 05530626791492
- Zoning: R3
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Architectural style: Traditional
- Property subtype: Townhouse
Materials
- Brick
- Foundation: Other
- Roof: Unknown
Condition
- New construction: No
- Year built: 1920
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Electricity Available, Natural Gas Available, Phone Available, Sewer Available, Water Available
Community & HOA
Community
- Subdivision: None Available
Location
- Region: Reading
- Municipality: READING CITY
Financial & listing details
- Price per square foot: $92/sqft
- Tax assessed value: $49,600
- Annual tax amount: $2,236
- Date on market: 6/27/2025
- Listing agreement: Exclusive Right To Sell
- Listing terms: Cash,Conventional
- Inclusions: (1) Washer, (1) Dryer, (2) Refrigerators, (1) Freezer, (2) Stoves, (1) Dishwasher
- Exclusions: 3rd Floor Refrigerator
- Ownership: Fee Simple
- Income includes: Apartment Rentals
- Road surface type: Paved
Price history
| Date | Event | Price |
|---|---|---|
| 8/11/2025 | Sold | $250,000+4.2%$92/sqft |
Source:  Bright MLS #PABK2059286 Report a problem | ||
| 7/8/2025 | Pending sale | $239,900$88/sqft |
Source: Bright MLS #PABK2059286 Report a problem | ||
| 6/27/2025 | Listed for sale | $239,900$88/sqft |
Source: Bright MLS #PABK2059286 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $2,236 +1.5% | $49,600 |
| 2024 | $2,202 +1.6% | $49,600 |
| 2023 | $2,168 | $49,600 |
| 2022 | $2,168 | $49,600 |
| 2021 | $2,168 +1% | $49,600 |
| 2020 | $2,146 | $49,600 |
| 2019 | $2,146 | $49,600 |
| 2018 | $2,146 +0.7% | $49,600 |
| 2017 | $2,132 +75% | $49,600 |
| 2016 | $1,218 +8.7% | $49,600 |
| 2015 | $1,121 | $49,600 |
| 2014 | -- | $49,600 |
| 2013 | -- | $49,600 |
| 2012 | -- | $49,600 |
| 2011 | -- | $49,600 |
| 2010 | -- | $49,600 |
| 2009 | -- | $49,600 |
| 2008 | -- | $49,600 |
| 2007 | -- | $49,600 |
| 2006 | -- | $49,600 |
| 2005 | -- | $49,600 |
| 2004 | -- | $49,600 |
| 2003 | -- | $49,600 |
| 2002 | -- | $49,600 |
| 2000 | -- | $49,600 |
Find assessor info on the county website
Neighborhood: 19602
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Nearby schools
GreatSchools rating
- 4/10Southwest Middle SchoolGrades: 5-8Distance: 0.1 mi
- 1/10Reading Senior High SchoolGrades: 9-12Distance: 1.4 mi
- 1/10Tyson-Schoener El SchoolGrades: PK-4Distance: 0.3 mi
Schools provided by the listing agent
- 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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- Pennsylvania
- Berks County
- Reading
- 19602
- 116 S 4th St
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