Description
146 N 5th Street in Reading, Pennsylvania, within the Callowhill Historic District. Zoned CC – Commercial
Core, the property sits in the heart of the downtown corridor and benefits from flexible zoning intended to
support dense residential, retail, and service-oriented uses. The building includes four one-bedroom
apartments arranged over three upper floors, providing consistent residential income....Mixed-Use Investment Property – 146 N 5th St, Reading, PA This five-unit mixed-use building is located at
146 N 5th Street in Reading, Pennsylvania, within the Callowhill Historic District. Zoned CC – Commercial
Core, the property sits in the heart of the downtown corridor and benefits from flexible zoning intended to
support dense residential, retail, and service-oriented uses. The building includes four one-bedroom
apartments arranged over three upper floors, providing consistent residential income. The ground floor is
occupied by an operating beauty salon that has been a tenant for over six years, offering established
commercial tenancy at street level. This configuration makes the property well-suited for investors seeking
stable mixed-use cash flow in a historic urban setting. CC (Commercial Core) Zoning – Examples of
Permitted Uses Apartments and mixed-use buildings with residential above commercial Retail shops and
personal service businesses (salon, barber, dry cleaner, etc.) Banks and financial institutions Bakeries and
food-related retail (size-limited) Art, craft, and gallery uses Offices, business services, and printing services
Civic, cultural, and entertainment uses (theater, performance space) This zoning flexibility, combined with
long-term commercial tenancy and multiple residential units, positions the property for both continued
operation and future redevelopment potential.
- Listed by Sean H Moretti • Destination Realty LLCP: (610)-743-3310 destinationrealty.mls.leads@gmail.com
Property Details for 146 North 5th Street
Property Details for 146 North 5th Street
| Status | Active |
|---|---|
| MLS # | PABK2067170 |
| Days on Market | 16 |
| Taxes | $3,831 / year |
| HOA Fees | - |
| Condo/Co-op Fees | - |
| Compass Type | Multi Family |
| MLS Type | Multi-Family / Fee Simple |
| Year Built | 1900 |
| Lot Size | 0.09 AC / 3,920 SF |
| County | Berks County |
Location
Building Information for 146 North 5th Street
Payment Calculator
$2,512 per month
30 year fixed, 6.15% Interest
$2,193
$319
$0
Property Information for 146 North 5th Street
- Transportation: Airport less than 10 miles, Bus Stop less than 1 mile
- School District Name: READING
- School District County ID: 300200397169
- SchoolDistrictSource: 3rd Party
- Elementary School: LAUERS PARK (BERKS PA)
- ElementarySchoolSource: Listing Agent
- Middle Or Junior School: NORTHWEST (BERKS PA)
- MiddleSchoolSource: Listing Agent
- High School: READING SENIOR (BERKS PA)
- HighSchoolSource: Listing Agent
- County: BERKS
- MLS Area: Reading City (10201)
- Water View: No
- Water Access: No
- Water Oriented: No
- Navigable Water: No
- Tidal Water: No
- Riparian Rights Y/N: No
- Association Recreation Fee Y/N: No
- Tax Year: 2025
- Tax Assessed Value: $85,000
- Year Assessed: 2025
- County Tax: $766
- Improvement Assessed Value: $50,900
- City Town Tax: $1,541
- Land Assessed Value: $34,100
- Clean Green Assessed: No
- Municipal Trash: No
- Land Use Code: 4126
- Agricultural Tax Due: No
- Historic: No
- Zoning: CC
- Zoning Dscrp: Commercial Core
- Tax Lot: 7247
- School Tax: $1,524
- School Tax Payment Frequency: Annually
- Automatically Update Tax Values Y/N: Yes
- Owner Pays: Advertising/Licenses and Permits, Common Area Maintenance, Heat, Insurance, Lawn/Shrub Care, Management, Pest Control, Repairs, Sewer, Snow Removal, Taxes - Real Estate, Trash Collection, Water, Other
- Rent Control: No
- Single Room Units Count: 0
- One Bedroom Units Count: 4
- Two Bedroom Units Count: 0
- Three Bedroom Units Count: 0
- Other Units: Unit 1,Unit 2,Unit 4,Unit 5,Unit 3
- Units Furnished: None
- Units Leased Count: 4
- Number Of Units Vacant: 1
- Vacancy Allowance Rate: 3.00%
- Number Of Units Month To Month: 3
- Rent Control: No
- Type: Unit 1
- Unit Type Occupied YN: Yes
- Level: 1
- Unit Type Finished SQFT: 1540
- Unit Type Lease Type: Yearly
- Beds Total: 0
- Half Baths Count: 1
- Full Baths Count: 0
- Unit Type Features: Finished as a retail Beauty salon for over 6 years. Central Air, Owner pays heat
- Total Rooms: 4
- Type: Unit 2
- Unit Type Occupied YN: Yes
- Level: 2
- Unit Type Finished SQFT: 549
- Unit Type Lease Type: Yearly
- Beds Total: 1
- Half Baths Count: 0
- Full Baths Count: 1
- Unit Type Features: Second floor rear - one bedroom apartment with LR, Kitchen, bathroom and back porch (balcony)
- Type: Unit 4
- Unit Type Occupied YN: Yes
- Level: 3
- Unit Type Finished SQFT: 550
- Unit Type Lease Type: Yearly
- Beds Total: 1
- Half Baths Count: 0
- Full Baths Count: 1
- Unit Type Features: 3rd fl rear - one bedroom apartment with LR, kitchen, bathroom
- Type: Unit 5
- Unit Type Occupied YN: Yes
- Level: 3
- Unit Type Finished SQFT: 500
- Unit Type Lease Type: Yearly
- Beds Total: 1
- Half Baths Count: 0
- Full Baths Count: 1
- Unit Type Features: 3rd fl front - Large studio with LR / Kitchen, bathroom, and private bedroom
- Type: Unit 3
- Unit Type Occupied YN: Yes
- Level: 2
- Unit Type Lease Type: Yearly
- Beds Total: 1
- Half Baths Count: 0
- Full Baths Count: 1
- Unit Type Features: 2nd fl front - Large studio with LR/Kitchen, bathroom and a private bedroom
- Operating Expense Includes: Insurance, Snow Removal, Trash
- Insurance Expense: $2,940
- Trash Expense: $960
- Pest Control Expense: $220
- Pool Expense: $0
- Heating Oil Avg Month: $0
- Heating Oil Prev 12 Months: $0
- Professional Management Expense: $4,300
- Gross Income: $57,420
- Gross Scheduled Income: $57,420
- Net Operating Income: $36,216
- Annual Rental Income: $57,420
- Income Includes: Apartment Rentals
- Cap Rate: 8.05
- Existing Lease Type: Month to Month, Yearly
- Building Level Count: 3
- Building Units Total: 1
- Total Finished SQFT: .00
- Total Finished SQFT Source: Assessor
- Tax Total Finished SQFT: .00
- Total SQFT: .00
- Total SQFT Source: Assessor
- Elevators Count: 0
- Construction Materials: Brick, Brick Front, Cast Iron Plumbing, Cement Siding, Combination, Concrete, Copper Plumbing, Dryvit, Frame, Masonry, Mixed Plumbing, Stone
- Roof: Architectural Shingle, Rubber
- Wall and Ceiling Types: Brick, Dry Wall
- Flooring Type: Carpet, Ceramic Tile, Laminate Plank, Partially Carpeted, Vinyl
- Basement Type: Full
- Foundation Details: Brick/Mortar
- Lot Size Source: Estimated
- Lot Size Dimensions: 130x30
- Lot Dimensions Source: Estimated
- Lot Features: Interior, Level, Private, Rear Yard, Zero Lot Line
- Soil Types: Unknown
- Road Surface Type: Access - Above Grade, Black Top, Paved
- Road Responsibility: City/County
- Road Frontage Length: 30.00
- Location Type: Urban
- Parcel ID: 1445080
- Ground Rent Exists: No
- Ground Rent Payment Frequency: Annually
- Type Of Parking: None
- Fireplace: No
- Accessibility Features: None
- Security Features: Carbon Monoxide Detector(s), Main Entrance Lock, Smoke Detector
- Spa: No
- Exterior Features: Exterior Lighting, Fire Escape, Sidewalks, Street Lights
- Outdoor Living Structures: Balcony, Breezeway, Patio(s)
- Pool: No Pool
- Other Structures: Above Grade, Below Grade
- Utilities: Cable TV Available, Electric Available, Natural Gas Available, Phone Available, Sewer Available, Water Available
- Heating: Yes
- Cooling Type: None
- Cooling Fuel: Electric
- Heating Type: Radiator, Steam
- Heating Fuel: Natural Gas
- Hot Water: Electric, Natural Gas
- Water Source: Public
- Sewer Septic: Public Sewer
- Electric Service: 100 Amp Service, 120/240V, 200+ Amp Service
- Internet Services: Broadband, Cable, DSL
- List Agent AOR: Reading-Berks Association of REALTORS
- List Agent URL: www.destinationrealtypa.com
Property History for 146 North 5th Street
| Date | Event & Source | Price | Appreciation |
|---|---|---|---|
| Jan 13, 2026 | Listed (Active) BRIGHT #PABK2067170 | $450,000 | — |
| May 4, 2016 | Expired BRIGHT #1007421194 | $144,500 | — |
| May 4, 2015 | Listed (Active) BRIGHT #1007421194 | $165,000 | — |
| Jul 17, 2007 | Closed (Public Record) Public Record #244168677 | $165,000 | — |
| Jun 22, 2007 | Closed BRIGHT #PABK105538 | $165,000 | — |
| Jun 18, 2007 | Closed (Public Record) Public Record #279965941 | $165,000 | +0.9% / yr |
| May 16, 2007 | Pending BRIGHT #PABK105538 | — | |
| Mar 1, 2007 | Listed (Active) BRIGHT #PABK105538 | $179,900 | — |
| Feb 20, 2004 | Closed (Public Record) Public Record #244051059 | $159,900 | — |
| Feb 20, 2004 | Closed BRIGHT #PABK178416 | $159,900 | — |
| Feb 4, 2004 | Pending BRIGHT #PABK178416 | — | |
| Nov 8, 2003 | Listed (Active) BRIGHT #PABK178416 | $159,900 | — |
| Date | Event & Source | Price |
|---|---|---|
| 01/13/2026 | Listed (Active) BRIGHT #PABK2067170 | $450,000 |
| 05/04/2016 | Expired BRIGHT #1007421194 | $144,500 |
| 05/04/2015 | Listed (Active) BRIGHT #1007421194 | $165,000 |
| 07/17/2007 | Closed (Public Record) Public Record #244168677 | $165,000 |
| 06/22/2007 | Closed BRIGHT #PABK105538 | $165,000 |
| 06/18/2007 | Closed (Public Record) Public Record #279965941 | $165,000 +0.9% / yr |
| 05/16/2007 | Pending BRIGHT #PABK105538 | — |
| 03/01/2007 | Listed (Active) BRIGHT #PABK105538 | $179,900 |
| 02/20/2004 | Closed (Public Record) Public Record #244051059 | $159,900 |
| 02/20/2004 | Closed BRIGHT #PABK178416 | $159,900 |
| 02/04/2004 | Pending BRIGHT #PABK178416 | — |
| 11/08/2003 | Listed (Active) BRIGHT #PABK178416 | $159,900 |
For completeness, Compass often displays two records for one sale: the MLS record and the public record.
Public Records for 146 North 5th Street
Schools near 146 North 5th Street
Rating | School | Type | Grades | Distance |
|---|---|---|---|---|
| Public - | PK to 4 | |||
| Public - | 5 to 8 | |||
| Public - | 9 to 12 | |||
| Public - | 6 to 7 |
Rating | School | Distance |
|---|---|---|
Lauers Park El School PublicPK to 4 | ||
SOUTHWEST MS Public5 to 8 | ||
Reading Senior High School Public9 to 12 | ||
Southwest Middle School Public6 to 7 |
School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.
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Listing Courtesy of Destination Realty LLC
Based on information from one of the following Multiple Listing Services: BRIGHT, Greater LeHigh Valley Regional MLS, Greator Scranton Board of REALTORS® and Pocono Mountains Association of REALTORS®. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by BRIGHT, Greater LeHigh Valley Regional MLS, Greator Scranton Board of REALTORS® and Pocono Mountains Association of REALTORS® is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.