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Sold for $322,500
  • $322,500

    522 Washington St, Reading, PA 19601

    --beds
    0baths
    5,023sqft
    MultiFamily
    Built in 1890
    -- sqft lot
    $237,700 Zestimate®
    $64/sqft
    $1,153 Estimated rent

    Home value

    $237,700

    $162,000 - $338,000

    $1,153/mo

    Zestimate® history
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    Rent Zestimate®

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    $2,108/mo

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    What's special

    Back on the Market - Buyer Financing fell through! Here is THE ONE you've been waiting for. HUGE mixed use commercial and residential building with unlimited potential - over 5,000 sq ft. This would make an ideal opportunity for a owner occupant to operate a business on the first and second floor and use the 3rd floor residential apartment to live or as an investment property to pay the mortgage. Additionally, the property could be converted into a triplex by adding a kitchen area to floors 1 and 2. Used as a law firm for over 30 years, floors 1 and 2 provide straight through open concept with exceptional space for multiple business uses. Exquisite detail throughout, this charming and historic property boasts soaring ceiling height on all 3 floors and detailed and luxurious woodwork, molding, and built-in shelving. Dual Zoned HVAC and Central Air on floors 1 and 2 with gas heat and gas hot water. Separate utility meters in the basement for both Front and Rear, floors 1-3. Stepping through the door, you are greeted by a formal and grand foyer on the first floor with 5 generous sized offices and 2 half baths. 2 offices could easily be used as conference rooms with plenty of space for group meetings. Up the stairs, the second floor has an additional 4 offices with space for 1 to be used as another conference room. On the third floor, there is a separate 1 bedroom apartment with 15+ foot ceilings measuring approximate 600 square ft. The basement stretches nearly the entire footprint with more than enough storage space for the new owners needs. The building could easily be converted into a residential triplex if the new owner desired or utilized with its current layout and brought up to its full potential with a little paint and sweat equity. Incredible commercial exposure on a high traffic street, next to the post office and across from a historic church. Easy to show and ready to occupy immediately.

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bathrooms: 0
    Heating
    • Forced air
    Cooling
    • Central
    Features
    • Basement: Partially finished
    Interior area
    • Total interior livable area: 5,023 sqft

    Property

    Features
    • Exterior features: Brick
    Lot
    • Size: 1,742 sqft
    Details
    • Parcel number: 07530783801783
    • Special conditions: Standard

    Construction

    Type & style
    • Home type: MultiFamily
    • Architectural style: Straight Thru
    Condition
    • Year built: 1890

    Community & neighborhood

    Location
    • Region: Reading
    • Municipality: READING CITY

    Other

    Other facts
    • Heating: Forced Air
    • HeatingYN: true
    • CoolingYN: true
    • NumberOfUnitsTotal: 1
    • ConstructionMaterials: Brick
    • SpecialListingConditions: Standard
    • Cooling: Central Air
    • ParkingFeatures: On Street
    • ArchitecturalStyle: Straight Thru
    • MlsStatus: Pending
    • Municipality: READING CITY
    • StructureType: Interior Row/Townhouse
    • TaxAnnualAmount: 2813.0

    Price history

    DateEventPrice
    2/18/2025Sold$322,500+122.4%$64/sqft
    Source: Public Record Report a problem
    11/4/2023Listing removed--
    Source: Bright MLS #PABK2002384 Report a problem
    11/3/2021Sold$145,000+16.1%$29/sqft
    Source: Bright MLS #PABK2002384 Report a problem
    2/1/2021Sold$124,900-3.8%$25/sqft
    Source: Public Record Report a problem
    12/1/2020Pending sale$129,900$26/sqft
    Source: RE/MAX Ace Realty #PABK364528 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$2,930 +1.5%$65,000
    2024$2,886 +1.6%$65,000
    2023$2,842 $65,000

    Find assessor info on the county website

    Neighborhood: 19601

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • District: READING

    Source: The MLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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