718 Franklin St, Reading, PA, 19602
About This Home
Discover a prime investment opportunity in the heart of Reading! With 2,118 finished square feet, this property offers ample space for rental income potential. The full basement provides additional storage or the possibility for future expansion, while off-street parking enhances tenant appeal. The low-maintenance lot of just 0.04 acres means less upkeep and more profit. Investors will appreciate the current condition of the property, which is ready for immediate occupancy or rental. With owner-paid utilities including water, sewer, and trash collection, your investment remains hassle-free. Positioned in a desirable area, this property is a fantastic opportunity to capitalize on the growing rental market. Don't miss your chance to secure a valuable asset that promises strong returns and long-term growth potential!
Getting Around
Walker's Paradise
Very Limited Transit
BikeableSchools
Construction
Condition
- Property condition: Good
- Year built: 1900
Materials
- Foundation: Brick/Mortar
- Construction materials: Brick
Type & Style
- Home type: MultiFamily
- Architectural style: Traditional
- Property subType: Townhouse
Interior
Appliances
- Appliances included: Water Heater
Basement
- Area: 0
Basement
- Has basement: Yes
- Basement: Full
Bedrooms & Bathrooms
- Bedrooms: 5
- Bathrooms: 2
Heating & Cooling
- Heating features: Radiator,Natural Gas
- Cooling features: Window Unit(s)
Interior Area
- Total structure area: 2,118
- Total interior livable area: 2,118 sqft
Property
Accessibility
- Accessibility features: None
Details
- Parcel number: 03530628991532
- Zoning: RESIDENTIAL
- Special condition: Standard
- Exclusions: Tenants Belongings
Features
- Pool features: None
Lot
- Lot size: 1,742 sqft
Parking
- Total spaces: 2
- Parking features: Off Street
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
- Cold Wave
- Inland Flooding
- Lightning
- Strong Wind
- Earthquake
- Hurricane
- Heat Wave
- Tornado
How This Home’s Risks Compare
FEMA Declared Disasters Across Pennsylvania Counties
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
| Monthly | Annual | |
|---|---|---|
| Mortgage | $1,263 | $15,156 |
| Home Insurance * | $87 | $1,044 |
| Property Taxes | $333 | $3,996 |
| Electricity | $232 | $2,788 |
| Total | $1,915 | $22,980 |
Income You'd Need if You Spent...
Pennsylvania FAIR Plan Programs
Insurance Placement Facility of Pennsylvania/FAIR Plan
Wildfire
HailWindHow 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.
Comparing Against the Market
Price Per Sq Ft
vs Other Active Listings
Avg $/sqft
vs Homes Sold Last Month
Median $/sqft
Current Market Trends
Median Price Per Square Foot
The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.
Historicals for This Listing
Zestimate History ($/sqft)
Price History
| Date | Event | Price |
|---|---|---|
| 2026-07-01 | Listed for sale | $249,900 |
| 2023-04-08 | Listing removed | -- |
| 2021-04-12 | Sold | $65,000 |
| 2021-04-06 | Pending sale | $68,000 |
| 2021-02-08 | Listing removed | -- |
| 2021-01-09 | Price change | $68,000 |
| 2020-12-05 | Price change | $73,000 |
| 2020-08-14 | Price change | $83,000 |
| 2020-06-23 | Listed for sale | $85,000 |
| 2015-05-24 | Listing removed | $1,600,000 |
| 2015-04-10 | Listed for sale | $1,600,000 |
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