Investor Special with Incredible Upside in Muhlenberg Township! Welcome to 25 Water Street, a fantastic opportunity for investors, flippers, or savvy buyers looking to build instant equity. With an estimated ARV of $330,000+, this 4-bedroom home offers tremendous potential and is ready for your vision. The main level features a spacious living room, formal dining room, large kitchen, and a versatile bonus room overlooking the backyard. The second floor offers three generously sized bedrooms and a full bathroom, while the third floor provides a large fourth bedroom that can easily serve as a primary suite, office, or flex space. The unfinished basement offers ample storage and additional possibilities. Outside, you'll find an oversized detached garage, long driveway with plenty of parking, spacious backyard, patio area, and a welcoming front porch—all situated in a peaceful neighborhood setting. Whether you're looking for your next fix-and-flip, rental property, or value-add project, this home checks all the boxes. Property is being sold strictly as-is. Opportunities like this don't come around often—schedule your private tour today before it's gone!
For sale
$199,777
25 Water St, Reading, PA 19605
4beds
1,208sqft
Single Family Residence
Built in 1900
10,454 Square Feet Lot
$199,800 Zestimate®
$165/sqft
$-- HOA
What's special
Oversized detached garageSpacious backyardWelcoming front porchLarge fourth bedroomPatio areaFormal dining roomLarge kitchen
- 20 days |
- 3,153 |
- 226 |
Zillow last checked:
Listing updated:
Listed by:
Michael Fingerman 267-549-8284,
HomeSmart Realty Advisors 2156041191
Source: Bright MLS,MLS#: PABK2073316
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Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 1
- Full bathrooms: 1
Basement
- Area: 0
Heating
- Other
Cooling
- Other
Appliances
- Included: Water Heater
Features
- Basement: Interior Entry
- Has fireplace: No
Interior area
- Total structure area: 1,208
- Total interior livable area: 1,208 sqft
- Finished area above ground: 1,208
- Finished area below ground: 0
Property
Parking
- Total spaces: 1
- Parking features: Other, Driveway, Detached
- Garage spaces: 1
- Has uncovered spaces: Yes
Accessibility
- Accessibility features: None
Features
- Levels: Two
- Stories: 2
- Pool features: None
Lot
- Size: 10,454 Square Feet
Details
- Additional structures: Above Grade, Below Grade
- Parcel number: 66530915542487
- Zoning: RES
- Special conditions: Standard
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Traditional
- Property subtype: Single Family Residence
Materials
- Other
- Foundation: Concrete Perimeter
Condition
- New construction: No
- Year built: 1900
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & HOA
Community
- Subdivision: Reading
HOA
- Has HOA: No
Location
- Region: Reading
- Municipality: MUHLENBERG TWP
Financial & listing details
- Price per square foot: $165/sqft
- Tax assessed value: $61,600
- Annual tax amount: $3,217
- Date on market: 6/9/2026
- Listing agreement: Exclusive Right To Sell
- Ownership: Fee Simple
Estimated market value
$199,800
$190,000 - $210,000
$1,951/mo
Price history
| Date | Event | Price |
|---|---|---|
| 6/9/2026 | Listed for sale | $199,777+40.2%$165/sqft |
Source: | ||
| 6/3/2026 | Sold | $142,500+78.3%$118/sqft |
Source: Public Record Report a problem | ||
| 7/1/2014 | Sold | $79,900$66/sqft |
Source: Public Record Report a problem | ||
| 5/6/2014 | Price change | $79,900-11.1%$66/sqft |
Source: Assist2Sell Smart Choice Realty #6378764 Report a problem | ||
| 4/18/2014 | Listed for sale | $89,900+113%$74/sqft |
Source: Smart Choice Realty #334747 Report a problem | ||
| 2/4/2004 | Sold | $42,200+2121.1%$35/sqft |
Source: Public Record Report a problem | ||
| 11/21/2002 | Sold | $1,900$2/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $3,217 +8.5% | $61,600 |
| 2024 | $2,966 +6.5% | $61,600 |
| 2023 | $2,784 +1.7% | $61,600 |
| 2022 | $2,737 +2.4% | $61,600 |
| 2021 | $2,673 | $61,600 |
| 2020 | $2,673 +2.2% | $61,600 |
| 2019 | $2,616 +1.8% | $61,600 |
| 2018 | $2,570 +1.9% | $61,600 |
| 2017 | $2,521 +237.6% | $61,600 |
| 2016 | $747 | $61,600 |
| 2015 | $747 | $61,600 |
| 2014 | -- | $61,600 |
| 2013 | -- | $61,600 |
| 2012 | -- | $61,600 |
| 2011 | -- | $61,600 |
| 2010 | -- | $61,600 |
| 2009 | -- | $61,600 |
| 2008 | -- | $61,600 |
| 2007 | -- | $61,600 |
| 2006 | -- | $61,600 |
| 2005 | -- | $61,600 |
| 2004 | -- | $61,600 |
| 2003 | -- | $61,600 |
| 2002 | -- | $61,600 |
Find assessor info on the county website
Monthly payment
Est. payment$--/mo
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
See how much you could borrow to make a competitive offer.
Climate risks
Neighborhood: 19605
Nearby schools
GreatSchools rating
- 3/10Muhlenberg El CenterGrades: K-3Distance: 1 mi
- 3/10Muhlenberg Middle SchoolGrades: 7-9Distance: 1.1 mi
- 3/10Muhlenberg High SchoolGrades: 10-12Distance: 0.8 mi
Schools provided by the listing agent
- District: Muhlenberg
Source: Bright MLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
A local agent can set up tours, give advice and negotiate with sellers.
A local lender can help you make sure your offer is ready when you are.
- Pennsylvania
- Berks County
- Reading
- 19605
- 25 Water St








