MLS: #PABK2077392, Listed By: Zylkia Rivera, Keller Williams Platinum Realty - Wyomissing, Source:Bright MLS
548 S 7th Street
READING, PA 19602
5
Bed
0
Bath
0.07Acre(Lot)
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 apprec
Property Details
Map
Map
What's Nearby
Nearby Areas
Features
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Bedroom Information
Total beds: 5Room Information
Has Basement: Yes Basement: Unfinished -
Interior Features
Appliances: Electric Water Heater -
Heating & Cooling
Has Heating: Yes Heating: Electric, Baseboard Cooling: None
-
Building Information
Year Built: 1920 Construction Materials: Stucco Pool Features: None Private Pool: No
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Lot Information
Lot Size Acres: 0.07 Lot Size Source: Assessor Lot Size Square Feet: 3049Property Information
Subdivision: READING Source Property Type: Residential Income Postal Code Plus 4: 2710 Property SubType: Townhouse Property Age: 106
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Listing Price Information
Listing Price: $599900
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Tax Information
Parcel Number: 02-5306-44-86-8849 Tax Lot: 8849 Tax Year: 2026 Annual Tax: $2096
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Parking Information
Parking Total: 1 Off Street, On Street
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Location Information
Direction: From the Penn St Bridge, make a right onto S 2nd St. Continue onto Canal St. Make a left onto S 7th St. Building will be on your lift. WaterSource: Public
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Nearby Home Value
| Address | Estimate | Bed | Bath | Sq. Ft | Lot Size |
|---|---|---|---|---|---|
| 341 S 9th Street, Reading, PA, 19602 | $179,900 | 4 | 1 | 1,109 | 0.02 Acre |
| 816 Bingaman St, Reading, PA, 19602 | $669,900 | -- | 4 | 11,618 | 0.14 Acre |
| 612 Minor Street, Reading, PA, 19602 | $105,000 | -- | -- | -- | 0.05 Acre |
| 300 Pine Street, Reading, PA, 19602 | $259,500 | 5 | 2 | 2,474 | 0.04 Acre |
| 308 & 306 Franklin Street, Reading, PA, 19602 | $230,000 | 4 | 1 | 1,529 | 0.04 Acre |
| 17-19 S 3rd Street, Reading, PA, 19602 | $950,000 | 13 | -- | 5,288 | 0.04 Acre |
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ByOwner last updated this listing 09/07/2026 @ 08:20
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