$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
| Office | Keller Williams Platinum Realty - Wyomissing |
|---|---|
| Contact Info | 6108981441 |
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 |
