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736 Franklin St #738, Reading, PA, 19602

3beds
--baths
2,776sqft
$345,000
$124price/sqft
$2,629/moest. monthly cost
$105,160/yrincome needed

About This Home

Don't miss this chance to own your business and rent or live in the space above! This amazing opportunity includes the sale of a two-story, two-unit building that consists of a commercial space on the first level (operating as a convenience store currently) and a rentable apartment on the second level, a separate adjacent parcel that has seven-car parking, as well as a detached garage in the rear. In addition to the property, there is also a business opportunity to continue running the current convenience store that occupies the commercial space. Notable features of this mixed-use property include separate gas heating systems for the commercial and residential unit, as well as separate water and electric meters. A huge bonus to this building is the location. It is in a high-traffic part of the city with proximity to the DoubleTree Hotel, Santander Arena, and a Barta station. The convenient parking adjacent to the building is perfect for tenant and customer use that eliminates parking issues within the city. Included in this listing price are the 2-unit building, parking spaces located at 738 Franklin st parcel ID#03-5306-28-99-3544 and the business.

Getting Around

92
WalkingWalker's Paradise
0
TransitVery Limited Transit
55
BikeBikeable

Schools

4/10
Southern Middle SchoolGrades 5-80.2 mi
2/10

Construction

Condition

  • Property condition: Very Good
  • Year built: 1945

Materials

  • Foundation: Concrete Perimeter
  • Roof: Shingle
  • Construction materials: Vinyl Siding

Type & Style

  • Home type: MultiFamily
  • Architectural style: Other
  • Property subType: Duplex

Interior

Appliances

  • Appliances included: Electric Water Heater

Basement

  • Area: 0

Bedrooms & Bathrooms

  • Bedrooms: 3

Heating & Cooling

  • Heating features: Forced Air,Natural Gas
  • Cooling features: None,Electric

Interior Area

  • Total structure area: 2,776
  • Total interior livable area: 2,776 sqft

Property

Accessibility

  • Accessibility features: None

Details

  • Parcel number: 03530628993525
  • Zoning: C-R
  • Special condition: Standard
  • Exclusions: Skills Machines,Atm,Small Ice Cream Freezer And Merchant Inventory.

Features

  • Pool features: None

Lot

  • Lot size: 1,742 sqft
  • Lot size dimensions: 0.00 x 0.00

Parking

  • Total spaces: 7
  • Parking features: Parking Lot

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Winter Weather
    Winter WeatherVery High
  • Cold Wave
    Cold WaveRelatively High
  • Inland Flooding
    Inland FloodingRelatively High
  • Lightning
    LightningRelatively High
  • Strong Wind
    Strong WindRelatively High
  • Earthquake
    EarthquakeModerate
  • Hurricane
    HurricaneModerate
  • Heat Wave
    Heat WaveModerate
  • Tornado
    TornadoModerate

How This Home’s Risks Compare

Winter Weather
Cold Wave
Inland Flooding
Lightning
Strong Wind
Earthquake
Hurricane
Heat Wave
Tornado

FEMA Declared Disasters Across Pennsylvania Counties

Flood
Tropical Storm

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $1,744$20,928
Home Insurance *$121$1,452
Property Taxes $460$5,520
Electricity $304$3,654
Total$2,629$31,548
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$90,137/yr
40% on housing$78,870/yr
45% on housing$70,106/yr

Pennsylvania FAIR Plan Programs

Insurance Placement Facility of Pennsylvania/FAIR Plan

Covered
WildfireWildfire
Add-on available
HailHail
WindWind
Visit Website →
Current Policies
Residential: 8,982Commercial: 984
Total Premiums$5.34M
Total Exposure$1.33B

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 11.9%
11.9%
0%30.0%
Electricity Growth Rate10-year average: 8.4%
8.4%
0%15.0%
Property Taxes Growth Rate2-year average: -3.0%
-3.0%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$124This listing

vs Other Active Listings

Avg $/sqft

ZIP 19602$89
Berks County$152

vs Homes Sold Last Month

Median $/sqft

ZIP 19602$98
Berks County$191

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

Price History

DateEventPrice
2026-05-05Listed for sale$345,000

For Sale by Agent

AgentJohanna Castaneda
BrokerageColdwell Banker Realty

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