Technical
Financial
Distress signals
Property profile

306 5Th St Reading, PA 19602

OFF-MARKET
Apartment buildings
Property ID
US73-2505639
4,760 SF Built 1900
Entity Owned 1-yr Hold
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Property summary

AI-generated overview

This exceptional 6-unit apartment building, located at 306 S 5th St in Reading, Pennsylvania (zip code 19602), presents a compelling investment opportunity. Built in 1900, the property boasts a total of 4,760 square feet and offers a strong net operating income (NOI) of $54,589. The property's central location in Reading ensures high occupancy rates and ease of tenant acquisition. This makes it an ideal investment for those seeking a stable and profitable multifamily asset. The asking price is $525,000. This property is available for purchase individually, or as part of a larger package deal encompassing either 11 or 20 units. Detailed financial statements and further information are available upon request. This is a rare opportunity to acquire a well-performing multifamily property in a desirable location. The property's strong cash flow and central location make it an attractive investment for both seasoned and new investors. Serious inquiries only.

Property profile

Verified
Property type Apartment buildings
Year built 1900
Total area 4,760 SF
UPID US73-2505639

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

306 5Th St Reading, PA 19602
Reading metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

since 2025
5 recorded transactions
2025
Price N/A
2025
$500,000
2022
$470,000
2021
$250,000
2017
$155,000

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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