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422 Franklin Street

Reading, PA 19602

– beds
– baths
6,500 sqft
1,742 sqft lot
$46 per sqft
1880 build

Welcome to 422 Franklin St, a spacious and versatile multi-family home located in a prime area directly behind Reading Public Library, offering excellent potential for residential use and adaptability. The property spans 6,500 square feet, providing ample space for various possibilities. The first-floor unit, previously rented at $1,200 per month, features a full kitchen, two bedrooms, and two full bathrooms. The layout offers flexibility, making it ideal for tenants or potential conversion into other uses. The second floor offers a full kitchen, four bedrooms, and one bathroom, providing ample living space for families or multiple occupants. It could also be adapted to mixed-use as needed based on approval by the City of Reading. The full basement offers plenty of space for storage. The building is located directly across the street from the public parking lot and is in move-in condition, ready for new tenants. Both floors have separate electric and gas meters, making the property convenient for multiple tenants. The first-floor unit benefits from forced air heating and air conditioning, while the second-floor unit operates with a boiler heating system, allowing for independent utility control. This property is ideal for multi-family living or other adaptive uses. The property is currently zoned Residential, it is the buyer’s responsibility to verify with local zoning authorities that their intended use complies with current zoning regulations. An agent is related to the owners.

Listing courtesy of BRIGHT / Iron Valley Real Estate of Berks

Last checked: Checking… • Last updated Oct 30, 2024 •

MLS# PABK2048802 —

This property is listed in more than one place. See it here.

The Building

Year Built:

1880
Year Built Source:

Estimated
New Construction:

No
Construction Materials:

Brick
Structure Type:

Detached
Architectural Style:

Other
Building Units Total:

2
Accessibility Features:

None
Foundation Details:

Concrete Perimeter
Basement:

Yes
Basement Type:

Full
Total SqFt Source:

Estimated
Total Below Grade SqFt Source:

Assessor

Interior

Interior Features:

Kitchen - Eat-In
Fireplace:

No
Living Area SqFt Source:

Estimated

Room Dimensions

Total SqFt:

6500
Living Area SqFt:

6,500 Sqft

Financial & Terms

Sale Type:

Standard
Acceptable Financing:

Conventional
Possession:

Settlement

Location

Directions:

Head east on Penn St toward S 3rd St, Turn right onto S 4th St, Turn left onto Franklin St, 422 Franklin St will be on the right.
Cross Street:

WOOD
Latitude:

40.33346000
Longitude:

-75.92901000
Location Type:

Downtown

The Property

Property Type:

Multi-Family
Property Subtype:

Duplex
Lot Size Units:

Square Feet
Lot Size Acres:

0.04
Lot Size Source:

Assessor
Lot Size Dimensions:

0.00 x 0.00
Lot Dimensions Source:

Assessor
Lot SqFt:

1,742 Sqft
Zoning:

COM
Other Structures:

Above Grade, Below Grade
Water View:

No
Waterfront:

No
Water Oriented:

No
Water Access:

No
Navigable Water:

No
Tidal Water:

No
Land Use Code:

4123
Riparian Rights:

No

Listing Agent

Contact info:

Taxes

Tax ID Number:

04-5306-27-79-5543
Tax Year:

2024
Tax Lot:

5543
Tax Annual Amount:

$3,175
Tax Assessed Value:

$71,500
Year Assessed:

2024
School Tax:

1282.0
County Tax:

597.00
City/Town Tax:

1296.00
Total Taxes Payment Frequency:

Annually

Heating & Cooling

Cooling Type:

Central A/C
Central Air:

Yes
Cooling Fuel:

Electric
Heating:

Yes
Heating Type:

Forced Air, Radiator
Heating Fuel:

Natural Gas

Utilities

Sewer/Septic:

Public Sewer
Electric Service:

200+ Amp Service
Hot Water:

Natural Gas
Water Source:

Public

Schools

High School:

READING
School District Name:

Reading
School District Source:

Listing Agent

The Community

Pool:

No Pool
Transportation:

Bus Stop less than 1 mile, Metro/Subway Station less than 1 mile

Parking

Garage:

No
Type of Parking:

None

Extra Units

Vacation Rental:

No
Two Bedroom Units:

1
Three Bedroom Units:

1

Explore the Area

My Commute

From

Walk Score®

Provided by WalkScore® Inc.

Bike Score®

Provided by WalkScore® Inc.

Soundscore™

Provided by HowLoud

Max Internet Speed

Xfinity

Provided by BroadbandNow®

Sale history

Date	Event	Source	Price	% Change
10/30/24 Oct 30, 2024	Price Changed	BRIGHT	$299,900	-3.2%
9/21/24 Sep 21, 2024	Listed / Active	BRIGHT	$309,900

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This multifamily located in Southwest Reading, Reading, PA 19602 is currently for sale for $299,900. 422 Franklin Street is a 6,500 square foot multifamily with – beds and – baths. 422 Franklin Street is in the Southwest Reading neighborhood of Reading and has a WalkScore® of 91, making it a walker’s paradise. This multifamily is in the attendance area of Reading Senior High School, Tyson-Schoener Elementary School, and Southwest Middle School.

Listing Courtesy of: BRIGHT and Iron Valley Real Estate of Berks.

The information included in this listing is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The information on each listing is furnished by the owner and deemed reliable to the best of his/her knowledge, but should be verified by the purchaser. BRIGHT MLS and Estately assume no responsibility for typographical errors, misprints or misinformation. This property is offered without respect to any protected classes in accordance with the law. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller.