J
Seller's Agent in 2025
Jose Ramon Acosta
Iron Valley Real Estate of Berks
(610) 750-0159
33 Total Sales
550 Douglass St Reading, PA 19601
Reading Area
Studio
2
Baths
1,312
Sq Ft
1,306
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
Last Buyer's Agent
(610) 372-3200 jcortes@homesale.com BHHS Homesale Realty- Reading Berks License #RS335816
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
Ownership History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Feb 25, 2025
Closed on
Apr 2, 2025
Sold by
Bought by
Seller's Agent
Jose Ramon Acosta
Iron Valley Real Estate of Berks
Buyer's Agent
Juan Cortes
BHHS Homesale Realty- Reading Berks
List Price
$285,000
Sold Price
$285,000
Views
41
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$228,000
Interest Rate
0.0663%
Mortgage Type
New Conventional
Purchase Details
Closed on
Jun 20, 2024
Sold by
Bought by
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$198,000
Interest Rate
0.0709%
Mortgage Type
Construction
Purchase Details
Listed on
Sep 6, 2012
Closed on
Nov 9, 2012
Sold by
Bought by
Seller's Agent
Liz Egner
RE/MAX Of Reading
Buyer's Agent
Tricia Bubel
RE/MAX Of Reading
List Price
$79,900
Sold Price
$75,000
Premium/Discount to List
-$4,900
-6.13%
Purchase Details
Closed on
Dec 13, 2010
Sold by
Bought by
Purchase Details
Closed on
Jun 4, 2003
Sold by
Bought by
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$39,750
Interest Rate
0.0545%
Mortgage Type
Purchase Money Mortgage
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Purchase History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| $285,000 | None Listed On Document | ||
| $145,000 | Stewart Title | ||
| $75,000 | None Available | ||
| $65,000 | None Available | ||
| $53,900 | Landamerica Lawyers Title |
Source: Public Records
Mortgage History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | $228,000 | ||
| Previous Owner | $198,000 | ||
| Previous Owner | $214,500 | ||
| Previous Owner | $39,750 |
Source: Public Records
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| 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
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| 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 |
|---|---|---|---|---|
| 2026 | $1,290 | $45,700 | $12,000 | $33,700 |
| 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 |
| 2016 | $1,122 | $45,700 | $12,000 | $33,700 |
| 2015 | $1,122 | $45,700 | $12,000 | $33,700 |
| 2014 | $1,033 | $45,700 | $12,000 | $33,700 |
Source: Public Records
Agents Affiliated with this Home
-
Jose Ramon Acosta
-
Juan Cortes
Buyer's Agent in 2025
Juan Cortes
BHHS Homesale Realty- Reading Berks
(610) 463-6693
347 Total Sales
-
Liz Egner
Seller's Agent in 2012
Liz Egner
RE/MAX of Reading
(610) 656-9426
142 Total Sales
-
Tricia Bubel
Seller Co-Listing Agent in 2012
Tricia Bubel
RE/MAX of Reading
(484) 955-8018
172 Total Sales
Map
Source: Bright MLS
MLS Number: PABK2054036
APN: 5307-59-84-1555
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