Property
Reading, PA 19601 550 Douglass Street
$330,000
23 more
Presented By: Iron Valley Real Estate of Berks
Beds • 5
Home Details
House Hacking Opportunity! 550 Douglass St, Reading, PA 19601. This 3-unit property offers strong cash flow with two units currently rented ($850 & $1250/month). Ideal for house hacking, live in the back detached cottage; bi level 1-bedroom unit while enjoying rental income from the front building. Two parcels on one lot provide flexibility and privacy. Recent upgrades include oil to gas heat conversion with brand new high-efficiency boilers for both units in the front building. And roof/exterior repairs on both properties. This property just passed inspection this year so it is up to code. Unit 1 consist of a large 1bd 1ba unit, unit 2 consist of a bi level 3bd 1ba unit. And unit 3 is a separate bi level one bed room unit.
Presented By: Iron Valley Real Estate of Berks
Interior Features for 550 Douglass Street
Bedrooms
Three Bedroom Units Count1
Other Interior Features
LivingAreaSourceAssessor
BasementUnfinished
Basement (Y/N)Yes
Central Air Y/NNo
Fireplace Y/NNo
Heating FuelNatural Gas
Heating Y/NYes
Hot WaterNatural Gas
General for 550 Douglass Street
Acceptable FinancingCash, Conventional, FHA
AccessibilityNone
Architectural StyleOther
CityREADING
Construction MaterialsBrick
Cool FuelNone
CoolingNone
CountyBERKS
Directionson the corner of douglass st & church st
DisclosuresAgent has Financial Interest
FULLFee Simple
Garage Y/NNo
HeatingHot Water, Baseboard - Electric
Lot Size Square Feet1306.00
Lot Size UnitsSquare Feet
MLS AreaReading City (10201)
ModificationTimestamp2025-01-02T15:47:08
MunicipalityREADING CITY
New ConstructionNo
NumberOfUnitsTotal3
NumberOfUnitsVacant1
One Bedroom Units Count2
Other StructuresAbove Grade, Below Grade
Other UnitsUnit 1, Unit 2, Unit 3
PossessionSettlement
Price Per Sq Ft Total AG251.52
Property SubtypeTriplex
Property TypeMulti-Family
RoofRubber, Shingle
School DistrictREADING
SewerPublic Sewer
Single Room Units Count0
Standard StatusActive
StatusACTIVE
Structure TypeOther
Subdivision NameREADING
Tax Annual Amount2029.0
Tax Assessed Value45700.0
Tax Lot1555
Tax Year2024
Total SQFT1312
Two Bedroom0
UtilitiesNatural Gas Available, Electric Available
Vacation Rental Y/NNo
Water Access Y/NNo
Waterfront Y/NNo
Year Built1912
Year Built SourceAssessor
ZoningMULTI UNIT
Zoning Description133R Res: 2-4 Fam, Row, 2 Sty, Brick
Exterior for 550 Douglass Street
Foundation DetailsBrick/Mortar
Land Assessed Value12000.00
Land Use Code133R
Lot Dimensions0.00 x 0.00
Lot Size Acres0.03
Lot Size SourceAssessor
LotDimensionsSourceAssessor
Navigable Water Y/NNo
PoolNo Pool
Type of ParkingOn Street
Water Oriented Y/NNo
Water SourcePublic
Water View Y/NNo
Additional Details
Price History
Ebonie Clerier
Associate