J
Seller's Agent in 2025
Jose Acosta
Iron Valley Real Estate of Berks
(610) 750-0159
32 Total Sales
550 Douglass St Reading, PA 19601
Studio
--
Bath
1,312
Sq Ft
1,307
Sq Ft Lot
About This Home
As of April 2025This 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.
Last Agent to Sell the Property
(484) 450-8771 admin@ironvalleyrealestateofberks.com Iron Valley Real Estate of Berks License #RS347244 Listed on: 02/25/2025
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $2,029
Year Built
- Built in 1912
Lot Details
- 1,306 Sq Ft Lot
Parking
- On-Street Parking
Home Design
- 1,312 Sq Ft Home
- Triplex
- Brick Exterior Construction
- Brick Foundation
Utilities
- Heating System Uses Oil
- Hot Water Heating System
- Natural Gas Water Heater
Additional Features
- Unfinished Basement
Community Details
- 2 Units
- 2 Vacant Units
Listing and Financial Details
- The owner pays for water, electricity
- Tax Lot 1555
- Assessor Parcel Number 14-5307-59-84-1555
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Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 04/02/2025 04/02/25 | Sold | $285,000 | 0.0% | $217 / Sq Ft | |
| 03/02/2025 03/02/25 | Pending | -- | -- | -- | |
| 02/25/2025 02/25/25 | For Sale | $285,000 | +280.0% | $217 / Sq Ft | |
| 11/09/2012 11/09/12 | Sold | $75,000 | -6.1% | $57 / Sq Ft | View Prior Sale |
| 10/31/2012 10/31/12 | Pending | -- | -- | -- | |
| 09/06/2012 09/06/12 | For Sale | $79,900 | -- | $61 / Sq Ft |
Source: Bright MLS
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 | $1,240 | $45,700 | $12,000 | $33,700 |
| 2024 | $2,029 | $45,700 | $12,000 | $33,700 |
| 2023 | $1,998 | $45,700 | $12,000 | $33,700 |
| 2022 | $1,998 | $45,700 | $12,000 | $33,700 |
| 2021 | $1,998 | $45,700 | $12,000 | $33,700 |
| 2020 | $1,978 | $45,700 | $12,000 | $33,700 |
| 2019 | $2,354 | $45,700 | $12,000 | $33,700 |
| 2018 | $1,978 | $45,700 | $12,000 | $33,700 |
| 2017 | $1,965 | $45,700 | $12,000 | $33,700 |
Source: Public Records
Agents Affiliated with this Home
-
Jose Acosta
-
Juan Cortes
Buyer's Agent in 2025
Juan Cortes
BHHS Homesale Realty- Reading Berks
(610) 463-6693
343 Total Sales
-
Liz Egner
Seller's Agent in 2012
Liz Egner
RE/MAX of Reading
(610) 656-9426
171 Total Sales
-
Tricia Bubel
Seller Co-Listing Agent in 2012
Tricia Bubel
RE/MAX of Reading
(484) 955-8018
183 Total Sales
Map
Source: Bright MLS
MLS Number: PABK2054036
APN: 5307-59-84-1555
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