For sale

Price cut: $15K (7/9)

$350,000

518 Franklin St, Reading, PA 19602

1beds

3baths

--sqft

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Townhouse

Built in 1900

-- sqft lot

$345,300 Zestimate^®

$--/sqft

$-- HOA

What's special

Exceptional investment opportunity in the heart of Reading! The property is fully occupied and provides immediate rental income, making it an excellent addition to any investment portfolio. Income-producing multifamily investment opportunity. Strong cash-flowing property with immediate income potential. Conveniently located near shopping, dining, schools, and public transportation. Easy access to major commuter routes. Excellent addition to an investment portfolio or for a first-time investor. Tenant Pays: Electric and gas. Appliances Included: Stove and refrigerator. Convenient location near shopping, dining, schools, public transportation, and major commuter routes. Excellent addition to any investment portfolio.

14 days

198

5

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Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 1
Bathrooms: 3

Basement

Area: 0

Heating

Baseboard, Electric

Cooling

None

Appliances

Included: Refrigerator, Water Heater

Features

Flooring: Carpet
Basement: Unfinished,Full
Has fireplace: No

Interior area

Total structure area: 0

Property

Parking

Parking features: On Street
Has uncovered spaces: Yes

Accessibility

Accessibility features: None

Features

Pool features: None

Lot

Size: 1,306 Square Feet

Details

Additional structures: Above Grade, Below Grade
Parcel number: 04530627890564
Zoning: RESIDENTIAL
Special conditions: Standard

Construction

Type & style

Home type: MultiFamily
Architectural style: Traditional
Property subtype: Townhouse

Materials

Brick
Foundation: Other

Condition

Good
New construction: No
Year built: 1900

Utilities & green energy

Sewer: Public Sewer
Water: Public

Community & HOA

Location

Region: Reading
Municipality: READING CITY

Financial & listing details

Tax assessed value: $29,300
Annual tax amount: $1,352
Date on market: 6/30/2026
Listing agreement: Exclusive Right To Sell
Listing terms: Conventional,Cash
Ownership: Fee Simple
Total actual rent: 41385
Income includes: Apartment Rentals

Estimated market value

$345,300

$328,000 - $363,000

$1,270/mo

Price history

Date	Event	Price
7/9/2026	Price change	$350,000-4.1%
Source: Bright MLS #PABK2074060 Report a problem
6/30/2026	Listed for sale	$365,000
Source: Bright MLS #PABK2074060 Report a problem

Public tax history

Tax history is unavailable.

Monthly payment

Est. payment

Payment breakdown

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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.

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