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.
Sold
$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
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#: PABK2054036

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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