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  • $285,000

    550 Douglass St, Reading, PA 19601

    5beds
    --baths
    1,312sqft
    Townhouse
    Built in 1912
    -- sqft lot
    $287,900 Zestimate®
    $217/sqft
    $-- HOA

    What's special

    This 3-unit property presents a fantastic opportunity for investors seeking immediate income potential and long-term growth. Two of the three units are currently vacant, offering the chance to hand-pick tenants and maximize rental income. One of the vacant units does need a remodel. The other two units are rent-ready and awaiting occupants. This property has undergone a significant upgrade, converting from oil to gas and featuring brand new, high-efficiency boilers. This ensures lower operating costs and increased tenant appeal.

    Zillow last checked: 7 hours ago

    Listing updated: April 03, 2025 at 05:38am

    Listed by:

    Jose Acosta JR. 610-750-0159,

    Iron Valley Real Estate of Berks,

    Listing Team: The Jose Acosta Team, Co-Listing Team: The Jose Acosta Team,Co-Listing Agent: Jose Ramon Acosta Jr. 610-750-0159,

    Iron Valley Real Estate of Berks

    Bought with:

    Juan Cortes-Carreno, RS335816

    BHHS Homesale Realty- Reading Berks

    Source: Bright MLS,MLS#: PABK2054036MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 5
    Basement
    • Area: 0
    Heating
    • Hot Water, Oil
    Cooling
    • None
    Appliances
    • Included: Gas Water Heater, Electric Water Heater
    Features
    • Basement: Unfinished
    • Has fireplace: No
    Interior area
    • Total structure area: 1,312
    • Total interior livable area: 1,312 sqft

    Property

    Parking
    • Parking features: On Street
    • Has uncovered spaces: Yes
    Accessibility
    • Accessibility features: None
    Features
    • Pool features: None
    Lot
    • Size: 1,306 sqft
    Details
    • Additional structures: Above Grade, Below Grade
    • Parcel number: 14530759841555
    • Zoning: MULTI UNIT
    • Special conditions: Standard

    Construction

    Type & style
    • Home type: MultiFamily
    • Architectural style: Other
    • Property subtype: Townhouse
    Materials
    • Brick
    • Foundation: Brick/Mortar
    Condition
    • New construction: No
    • Year built: 1912

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public

    Community & neighborhood

    Location
    • Region: Reading
    • Municipality: READING CITY

    Other

    Other facts
    • Listing agreement: Exclusive Agency
    • Listing terms: Cash,Conventional,FHA 203(k)
    • Ownership: Fee Simple
    Services availability
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