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548 S 7th St, Reading, PA 19602

Reading
Local realty services provided by:CENTURY 21 Dale Realty Co.
548 S 7th St,Reading, PA 19602
$599,900
  • 5 Beds
  • - Baths
  • - sq. ft.
  • Multi-family
  • Active
Listed by: zylkia r rivera
Office: keller williams platinum realty - wyomissing
MLS#:PABK2077392
Source:BRIGHTMLS

Price summary

  • Price:$599,900

About this home

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...

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Home facts

  • Year built:1920
  • Subdivision & Development:READING
  • Listing ID #:PABK2077392
  • Added:54 day(s) ago
  • Updated:October 26, 2026 at 01:39 PM

Rooms and interior

  • Bedrooms:5
  • Basement:Yes
  • Basement Description:Unfinished

Heating and cooling

  • Heating:Baseboard - Electric, Electric

Structure and exterior

  • Year built:1920
  • Lot area:0.07 Acres
  • Construction Materials:Stucco
  • Foundation Description:Stone

Utilities

  • Water:Public
  • Sewer:Public Sewer

Finances and disclosures

  • Price:$599,900
  • Tax amount:$2,096 (2026)

Parking

  • Parking description:Off Street, On Street

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