$165,000

344 S 7th St Reading, PA 19602

Estimated payment $1,008/month

Total Views 19,736
5 Beds
2 Baths
1,704 Sq Ft
$97 Price per Sq Ft

Highlights

  • Traditional Architecture
  • No HOA
  • Radiator

About This Home

Turnkey Investment Opportunity – 5-Bedroom Cash Flowing Property!

Calling all investors! 344 S 7th Street, Reading, PA 19602 is your next smart buy. This spacious 5-bedroom, 2-bath home boasts over 1,700 sq ft of living space and is already generating solid rental income—no guesswork, no waiting.

Well-maintained and fully rented, this property is the definition of turnkey. With a layout that attracts long-term tenants and a location that offers easy access to downtown Reading, schools, and public transportation, this is a high-demand rental with strong returns.

Whether you're expanding your portfolio or just getting started, this income-producing property is a great addition. Secure a cash-flowing asset in one of Reading’s promising rental markets today!

Listing Agent

Joanna Rodriguez

Iron Valley Real Estate of Berks License #RS360716 Listed on: 06/02/2025

Iron Valley Real Estate of Berks

Co-Listing Agent

Jose Manzueta

Iron Valley Real Estate of Berks

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $1,149

Year Built

  • Built in 1900

Lot Details

  • 1,742 Sq Ft Lot

Parking

  • On-Street Parking

Home Design

  • Semi-Detached or Twin Home
  • Traditional Architecture
  • Brick Exterior Construction

Interior Spaces

  • 1,704 Sq Ft Home
  • Property has 3 Levels
  • Unfinished Basement

Bedrooms and Bathrooms

  • 5 Bedrooms

Utilities

  • Radiator
  • Electric Water Heater

Community Details

  • No Home Owners Association
  • Reading Subdivision

Listing and Financial Details

  • Tax Lot 8075
  • Assessor Parcel Number 02-5306-36-88-8075

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$1,149

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Property Type: Residential
  • Structure Type: Twin/Semi-Detached
  • Architectural Style: Traditional
  • Ownership: Fee Simple
  • New Construction: No
  • Story List: Main, Upper 1, Upper 2
  • Expected On Market: 6/2/2025 12:00:00 AM
  • Federal Flood Zone: No
  • Year Built: 1900
  • Remarks Public: Turnkey Investment Opportunity – 5-Bedroom Cash Flowing Property! Calling all investors! 344 S 7th Street, Reading, PA 19602 is your next smart buy. This spacious 5-bedroom, 2-bath home boasts over 1,700 sq ft of living space and is already generating solid rental income—no guesswork, no waiting. Well-maintained and fully rented, this property is the definition of turnkey. With a layout that attracts long-term tenants and a location that offers easy access to downtown Reading, schools, and public transportation, this is a high-demand rental with strong returns. Whether you're expanding your portfolio or just getting started, this income-producing property is a great addition. Secure a cash-flowing asset in one of Reading’s promising rental markets today!
  • Special Features: None
  • Property Sub Type: Townhouses

Interior Features

  • Fireplace: No
  • Foundation Details: Other
  • Levels Count: 3
  • Basement: Yes
  • Basement Type: Unfinished
  • Total Sq Ft: 1704
  • Living Area Sq Ft: 1704
  • Price Per Sq Ft: 96.83
  • Above Grade Finished Sq Ft: 1704
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 344

Beds/Baths

  • Bedrooms: 5
  • Total Bathrooms: 2
  • Full Bathrooms: 2
  • Main Level Bathrooms: 1.00
  • Upper Level Bathrooms: 1
  • Upper Level Bathrooms: 1.00
  • Main Level Full Bathrooms: 1
  • Upper Level Full Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Brick
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Type Of Parking: On Street

Utilities

  • Central Air Conditioning: No
  • Heating Fuel: Natural Gas
  • Heating Type: Radiator
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Condo Co-Op Association: No
  • HOA: No
  • Senior Community: No

Schools

  • School District: READING
  • School District Key: 300200397169
  • School District Source: Listing Agent

Lot Info

  • Land Use Code: 117R
  • Lot Size Acres: 0.04
  • Lot Dimensions: 0.00 x 0.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 1742.00
  • Year Assessed: 2025
  • Zoning: RES

Rental Info

  • Ground Rent Exists: No
  • Vacation Rental: No

Tax Info

  • School Tax: 457.00
  • Tax Annual Amount: 1149.00
  • Assessor Parcel Number: 02-5306-36-88-8075
  • Tax Lot: 8075
  • Tax Total Finished Sq Ft: 1704
  • County Tax Payment Frequency: Annually
  • Tax Year: 2025

MLS Schools

  • School District Name: READING

Map

Range of Values:

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Average Value
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $692 $25,500 $7,700 $17,800
2024 $1,132 $25,500 $7,700 $17,800
2023 $1,115 $25,500 $7,700 $17,800
2022 $1,115 $25,500 $7,700 $17,800
2021 $1,115 $25,500 $7,700 $17,800
2020 $1,104 $25,500 $7,700 $17,800
2019 $1,104 $25,500 $7,700 $17,800
2018 $1,104 $25,500 $7,700 $17,800
2017 $1,096 $25,500 $7,700 $17,800
2016 $626 $25,500 $7,700 $17,800
2015 $626 $25,500 $7,700 $17,800
2014 $576 $25,500 $7,700 $17,800
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/26/2025 07/26/25 Price Changed $165,000 -2.9% $97 / Sq Ft
06/21/2025 06/21/25 Price Changed $170,000 -2.9% $100 / Sq Ft
06/02/2025 06/02/25 For Sale $175,000 -- $103 / Sq Ft
Source: Bright MLS

Purchase History

Date Type Sale Price Title Company
Deed $39,360 None Available
Deed $20,000 --
Sheriffs Deed $1,800 --
Source: Public Records

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Source: Bright MLS

MLS Number: PABK2058132

Bright MLS

APN: 02-5306-36-88-8075