MLS: #PABK2074060, Listed By: Trent Stauffer, Bold Realty, Source:Bright MLS
518 Franklin Street
READING, PA 19602
6
Bed
0
Bath
0.03Acre(Lot)
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.
Property Details
Map
Map
What's Nearby
Nearby Areas
Features
-
Bedroom Information
Total beds: 6Room Information
Has Basement: Yes Basement: Unfinished, Full -
Flooring Information
Carpet -
Interior Features
Appliances: Refrigerator -
Heating & Cooling
Has Heating: Yes Heating: Electric, Baseboard Cooling: None
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Building Information
Year Built: 1900 Construction Materials: Brick Pool Features: None Private Pool: No
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Lot Information
Lot Dimensions: 0.00 x 0.00 Lot Size Acres: 0.03 Lot Size Source: Assessor Lot Size Square Feet: 1306
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Listing Price Information
Listing Price: $365000
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Tax Information
Parcel Number: 04-5306-27-89-0564 Tax Lot: 0564 Tax Year: 2025 Annual Tax: $1352
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Parking Information
On Street
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Location Information
Direction: From Penn Street, turn onto Franklin Street. Continue to 518 Franklin St, which will be on your right. WaterSource: Public
How much is this property worth?
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Nearby Home Value
| Address | Estimate | Bed | Bath | Sq. Ft | Lot Size |
|---|---|---|---|---|---|
| Perkiomen Avenue, Reading, PA, 19602 | $1,485,000 | 21 | -- | 15,578 | 15,578 SqFt |
| 1601 Mineral Spring Road, Reading, PA, 19602 | $585,000 | 12 | -- | 6,775 | 6,775 SqFt |
| 226 Orange Street, Reading, PA, 19602 | $159,900 | 4 | -- | 2,184 | 2,184 SqFt |
| 316 S 8th Street, Reading, PA, 19602 | $274,900 | 2 | -- | 2,134 | 2,134 SqFt |
| 736 AND 738 Franklin St.., Reading, PA, 19602 | $345,000 | 3 | -- | 2,776 | 2,776 SqFt |
| 718 Franklin Street, Reading, PA, 19602 | $249,900 | 1 | -- | 2,118 | 2,118 SqFt |
| 307 S 6th Street, Reading, PA, 19602 | $220,000 | 5 | -- | 2,840 | 2,840 SqFt |
| 343 Chestnut Street, Reading, PA, 19602 | $259,500 | 4 | -- | 1,716 | 1,716 SqFt |
| 357 S 3rd Street, Reading, PA, 19602 | $460,000 | 8 | -- | 2,946 | 2,946 SqFt |
Similar Multifamily To 518 Franklin Street
Nearby For Sale
The data relating to real estate for sale on this website appears in part through the BRIGHT Internet Data Exchange program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms in which ByOwner participates, and is provided by BRIGHT through a licensing agreement. The information provided by this website is for the personal, non-commercial use of consumers and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale on this website may no longer be available because they are under contract, have closed or are no longer being offered for sale. Information Deemed Reliable But Not Guaranteed. Copyright © 2026 Bright MLS. All rights reserved.
ByOwner last updated this listing 07/01/2026 @ 04:18
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