$599,900

548 S 7th St, Reading, PA, 19602

0.07

Acres

This property offers a solid foundation for generating rental income. It generates rental income from 4 apartments and 7 individually rented rooms. Three of the apartments are one-bedrooms and the other is a 2-bedroom. Projected annual revenue at 100% occupancy $78,060. The average condition of the property presents a canvas for value-add renovations, allowing savvy investors to enhance its appeal and increase rental rates. The unfinished basement provides additional potential for storage or future development, while the single off-street parking option provides added convenience for tenants. Located in a vibrant neighborhood, this property benefits from proximity to local amenities and transportation options, making it attractive to a wide range of potential tenants. Investors will appreciate the potential for cash flow, as the property can be rented out to multiple tenants, diversifying income streams. Don't miss out on the chance to capitalize on this promising investment in Reading!

Listing Details

OfficeKeller Williams Platinum Realty - Wyomissing
Contact Info6108981441

Facts & Features

MLS® # PABK2077392
Price $599,900
Acres 0.07
Year Built 1920
Type Multi-Family
Sub-Type Other,End of Row/Townhouse
Style Other
Status Active

Community Information

Address 548 S 7th St
Area Reading City
Subdivision READING
City Reading
County BERKS-PA
State PA
Zip Code 19602
Senior Community No

Amenities

Is Waterfront No

Interior

Heating Baseboard - Electric
Cooling None
Fireplace No

Exterior

Exterior Stucco
Construction Stucco
Foundation Stone
Other Structures 10000001172,10000001174

School Information

District READING

Additional Information

Date Listed September 1st, 2026
Days on Market 8
Zoning MIXED RES/COMM
Foreclosure No
Short Sale No
RE / Bank Owned No

Listing Map

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