Come see all this great property has to offer! Full gut renovation including the kitchen with stainless steel appliances, flooring, carpet, lighting, baseboard heating, bathroom, plumbing, electrical, doors, plus newer windows, washer/dryer hookups installed, rear door landing & rear deck and more!
TownhomeProperty Type
1880Year Built
1,306 sq ftLot Size
$193Est. Price/Sq.Ft.
3 spacesParking
Listed by Amit Mundade• Redfin Corporation
•484-962-0034 (broker)
•peter.phinney@redfin.com (broker)
Bought with Faith Sprecher• BHHS Homesale Realty- Reading Berks
* * * ATTENTION INVESTORS * * * * * Great 2 bedroom 1 bath - Rental in northeast Reading - Located on a quiet street close to schools - Previously rented for over $700.00/month. This property will operate over an 11% CAP Rate. Tenant paid all utilities. including water, sewer, trash.
TREND #6971007
Jun 30, 2017
Sold
$24,300
$38/sq ft
Jun 1, 2017
Pending
—
Apr 27, 2017
Listed
$26,300
$41/sq ft
BRIGHT MLS #1003263725
Jun 30, 2017
Sold
$24,300
$38/sq ft
Apr 24, 2017
Listed
$26,300
$41/sq ft
+1
This 2 BR 1 bath property would make a great investment opportunity for investors looking to add a positive cash flow! The home is currently being rented for $650 a month; its current tenants pay all utilities, including water/sewer/trash. This home was totally rehabbed in September of 2011, which included new vinyl siding, new windows, totally remodeled kitchen and bathroom, a new roof over the kitchen and bath area and a small deck on the rear of the property. Downstairs, the living room has hardwood laminate flooring, while the kitchen and bathroom are ceramic tile. In July 2014, the home was freshly painted, a new Bilco basement door was added, and new carpeting was installed in both bedrooms. Passed City of Reading 2-year inspection on 7/14/2014. Properties are being managed by a local property management company. Seller has six other Reading properties available as a package or individually. Please see MLS #'s 6971000, 6971003, 6971004, 6971005, 6971007, 6971008, 6971009
BRIGHT MLS #1007474422
Feb 12, 2017
Listing Removed
—
Feb 12, 2016
Listed
$26,300
$41/sq ft
BRIGHT MLS #1007742626
Jan 21, 2015
Listing Removed
—
Dec 5, 2014
Listed
$27,000
$42/sq ft
Year
Property tax
Land + Additions
Assessment*
2026
$845 (+2.4%)
$11,900 + $6,400
$18,300
2025
$825 (+1.5%)
$11,900 + $6,400
$18,300
2024
$813 (+1.6%)
$11,900 + $6,400
$18,300
2023
$800
$11,900 + $6,400
$18,300
2022
$800
$11,900 + $6,400
$18,300
2021
$800 (+1.0%)
$11,900 + $6,400
$18,300
2020
$792
$11,900 + $6,400
$18,300
2019
$792
$11,900 + $6,400
$18,300
2018
$792 (+0.8%)
$11,900 + $6,400
$18,300
2017
$786 (+6.2%)
$11,900 + $6,400
$18,300
2015
$740 (+1.1%)
$11,900 + $6,400
$18,300
2014
$732
$11,900 + $6,400
$18,300
2013
$732 (+6.0%)
$11,900 + $6,400
$18,300
2012
$690 (−25.6%)
$11,900 + $6,400
$18,300
2011
$928 (+6.8%)
$12,000 + $12,600
$24,600
2010
$869
$12,000 + $12,600
$24,600
Tax history for 337 Locust St
Year
Property tax
Land + Additions
Assessment*
2026
$845 (+2.4%)
$11,900 + $6,400
$18,300
2025
$825 (+1.5%)
$11,900 + $6,400
$18,300
2024
$813 (+1.6%)
$11,900 + $6,400
$18,300
2023
$800
$11,900 + $6,400
$18,300
2022
$800
$11,900 + $6,400
$18,300
2021
$800 (+1.0%)
$11,900 + $6,400
$18,300
2020
$792
$11,900 + $6,400
$18,300
2019
$792
$11,900 + $6,400
$18,300
2018
$792 (+0.8%)
$11,900 + $6,400
$18,300
2017
$786 (+6.2%)
$11,900 + $6,400
$18,300
2015
$740 (+1.1%)
$11,900 + $6,400
$18,300
2014
$732
$11,900 + $6,400
$18,300
2013
$732 (+6.0%)
$11,900 + $6,400
$18,300
2012
$690 (−25.6%)
$11,900 + $6,400
$18,300
2011
$928 (+6.8%)
$12,000 + $12,600
$24,600
2010
$869
$12,000 + $12,600
$24,600
*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.
Public record
Public record
Zoning
Beds
2
Baths
1
Stories
2
Lot width
—
Lot depth
—
Lot size
1,306
Year renovated
—
Sq. Ft.
646
Year built
1880
Style
Townhouse
County
Berks County
APN
09531770124247
Parking Spaces
3
Basement
Yes
Accessible
No
HOA Dues
—
Garage
No
Features
Green
Last updated by owner on May 18, 2026.
R-3
Residential District
The R-3 District allows the highest residential densities and permits multifamily apartments.
Permitted uses
Include but are not limited to:
Housing-Single unit
Housing-Multiple units
Agriculture-Cropland
Park & open space
Property details
Parking
Parking Information
On Street
Interior
Virtual Tour
Bedroom Information
# of Bedrooms On 1st Upper Level: 2
Bathroom Information
# of Bathrooms (Full) On Main Level: 1
# of Bathrooms (Full): 1
Interior Information
Appliances: Stainless Steel Appliances
Living Area Sq.Ft. Source: Assessor
Room Information
Living Room, Master Bedroom, Bedroom 2, Kitchen, Full Bath
Laundry Type: Main Floor, Hookup
Basement Information
Basement: Yes
Full
Exterior
Property Information
Not Federal Flood Zone
Total Below Grade Sq. Ft.: 0
Improvement Assessed Value: $6,400
Ownership Interest: Fee Simple
Year Built Source: Assessor
Building Information
Construction Materials: Frame, Vinyl Siding
Foundation Details: Stone
Other Structures: Above Grade, Below Grade
Roof: Asphalt
Structure Type: Interior Townhouse/Rowhouse
Lot Information
Lot Size Dimensions: 0.00 x 0.00
Lot Dimensions Source: Assessor
Tidal Water: No
Land Information
Land Assessed Value: $11,900
Above Grade Information
Finished Sq.Ft.: 646
Finished Sq.Ft. Source: Assessor
Below Grade Information
Unfinished Sq.Ft. Source: Assessor
Finished Sq.Ft. Source: Assessor
Financial
Tax Information
City/Town Tax: $332
County Tax: $153
School Tax: $328
Tax Assessed Value: $18,300
Tax Year: 2023
Tax Annual Amount: $813
Assessments Information
Year Assessed: 2024
Utilities
Utilities Information
Baseboard - Electric
Heating Fuel: Electric
Hot Water: Electric
Sewer Septic: Public Sewer
Water Source: Public
Location
School Information
School District Name: READING
School District Source: Listing Agent
Location Information
Directions: Locust is one way North, must approach from Elm Street. parking is tight, may walk down to house from cross street.
Municipality: READING CITY
Public facts
Beds: 2
Baths: 1.0
Sq. Ft.: 646
Stories: 2.0
Parking Spaces: 3
Basement: Yes
Accessible: No
Lot Size: 1,306 square feet
Style: Townhouse
Year Built: 1880
Year Renovated: —
County: Berks County
APN: 09531770124247
HOA Dues: —
Garage: No
Features: Green
Home facts updated by owner on May 18, 2026
Other
Listing Information
Automatically Close on Close Date
Around this home
Schools
Central Middle School
Public 5-8 • Assigned • 0.1mi
3/10
Reading Senior High School
Public 9-12 • Assigned • 0.5mi
1/10
Provided by GreatSchools
Lifestyle
Provided by Walk Score and Local Logic
Climate risks
1/10 Flood Factor
Minimal risk of a flood reaching the building in the next 30 years
1/10 Fire Factor
Unlikely to be in a wildfire in next 30 years
5/10 Heat Factor
7 days above 100° expected this year, 16 days in 30 years
4/10 Wind Factor
14% chance of strong winds in next 30 years
3/10 Air Factor
1 unhealthy days expected this year, 4 days in 30 years
Provided by First Street
Historical weather
Reading, PA • 19604
Average low and high temperatures (°F)
31
19
36
24
55
35
63
44
69
52
80
62
84
69
78
61
75
59
65
46
52
38
37
25
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Sun exposure
In this area, properties receive around 9.1 hours in
June and 3.9 hours in December, placing it below the
U.S. average for solar exposure.
9.1 hrs
3.9 hrs
JuneDecember
Provided by Shadowmap
Estimated sale price
$119,000 – $144,000
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