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146 N 5th St
For Sale $450,000
$450,000
- 5 Units
- Unknown Sq Ft
- 3,920 Sq Ft
- Unknown Cap Rate
Description
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.
Amenities
Garage
Pool
Garden
Security System
Internet
Telephone
Heating
Fireplace
Balcony & Patio
TV / Cable
Laundry
Hardwood Floors
Spa
Air Conditioning
Solar Power
Floor Plan
Great Views
Natural Light
Quiet
Water View
Elevator
Guest Unit(s)
Furnished
220 Volt
Property Details
| List Price | $450,000 |
| Property Type | Multi-Family |
| Usable Sqft | Unknown |
| Number of Stories | 4 stories |
| Parking Spots | 0 spots |
| Year Built | 1900 |
| Last Sold | Unknown |
| Sold Price | Unknown |
| APN # | 07530775717247 |
| MLS # | PABK2066238 |
| Property ID | 322473719 |
| Lot Sqft | 3,920 |
| Zoning | CC |
| Total Units | 5 |
| Days on Market | 13 |
| Original List Price | Unknown |
| Date Updated | January 07, 2026 |
| Date Created | December 30, 2025 |
| Unit # | Beds | Baths | Current Rent | Proforma Rent |
| Unit #1 | $36,216 | $0 |
| Operating Expenses | $ 19,481 |
| Net Income (Yr) | $ 36,216 |
| Cap Rate | 8.05% |
Listing Provided By
Sean H Moretti an agent of . Lic #RM421788
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Data last updated: January 12, 2026.
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Robert Crawford
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