Coming Soon

550 Douglass St, Reading, PA, 19601

$330,000

Home List Price

$3,919*

Closing Credit

0 Baths
1,312 SqFt
$252/SqFt
Multi

Location

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550 Douglass St, Reading$330,000

Buyer Closing Credits

$3,919*

1.25% Loan Amount

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Property Highlights

Home TypeTriplex
ParkingOn Street
Year Built1912
HeatingHot Water
CoolingNone
BasementYes
MLS #PABK2052104
Lot Size0.03 Acres
Active DateJanuary 01, 2025
StatusComing Soon
(COMING SOON)

About 550 Douglass St

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. 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.

Property Details

Property Features

Property Information:

  • Architectural Style: Other
  • Year Built: 1912
  • Living Area: 1,312 SqFt

Listing Office:

  • Office Name: Iron Valley Real Estate of Berks
  • Office Phone: (484) 450-8771
  • Listing Agent: Jose Ramon Acosta Jr.

Interior Features

Interior Information:

  • Basement: Yes

Exterior Features

Parking Information:

  • Parking: On Street

Lot Features

Lot Information:

  • Lot Size: 0.03 Acres

Utilities

Utilities Information:

  • Heating: Hot Water
  • Cooling: None

Other

Directions Information:

  • Directions: on the corner of douglass st

Municipality:

  • Reading City

Price Information

Listing Price Info

Price Summary:

  • List Price: $330,000
  • Price Per SqFt: $252/SqFt

Tax Information:

  • Annual Amount: $1,998
  • Tax Year: 2021
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Housing Market Comparison

See how this home compares to others in Reading, PA.

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Reading, PA

City

Med. Sold Price

$249.5K

Med. Price/SqFt

$150

Avg. Days On Market

20

# of Sold Homes

170

550 Douglass St vs Reading

$330,000

+$80.4K More

$252/SqFt

+$101 More

KEY TAKEAWAY

This property is $80.4K more than the Median Sold Price and $101/SqFt more than other homes in Reading, PA.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: BRIGHT
  • MLS Number: #PABK2052104

Listing Office:

  • Office Name: Iron Valley Real Estate of Berks
  • Office Phone: (484) 450-8771
  • Listing Agent: Jose Ramon Acosta Jr.

IDX Information Deemed Reliable But Not Guaranteed. The data relating to real estate for sale on this website appears in part through the BRIGHT Internet Data Exchange program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms in which participates, and is provided by BRIGHT through a licensing agreement.

The information provided by this website is for the personal, non-commercial use of consumers and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale on this website may no longer be available because they are under contract, have sold or are no longer being offered for sale. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. This home sale information is not to be construed as an appraisal and may not be used as such for any purpose.

BRIGHT MLS is the (or a) provider of this home sale information and has compiled content from various sources. Some properties represented may not have actually sold due to reporting errors. ©2024 BrightMLS. All rights reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 12/27/2024, 12:21:00 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Nov 13, 2012Home Sold
$75,000
Dec 15, 2010Home Sold
$65,000
Jan 03, 1995Home Sold
$40,000

Tax History

YEARPROP. TAXASSESSMENT
2021$1,998$45,700
2020$1,977$45,700
2019$1,977$45,700
2018$1,978$45,700
2017$1,965$45,700

History based on county public records data.

Payment Calculator

$1,715

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,056

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-1775217
4
/10

  • 10th and Green Elementary School

  • 400 N 10th St

  • 0.53 miles

  • Public District Grades PK-4

school-card-donut-1775218
6
/10

  • Lauer's Park Elementary School

  • 251 N 2nd St

  • 0.63 miles

  • Public District Grades PK-4

school-card-donut-1775219
5
/10

  • 12th and Marion Elementary School

  • 1200 N 12th St

  • 0.77 miles

  • Public District Grades PK-4

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $39,500. Most Reading, PA residents have annual incomes between $35k-100k. The majority of families are single, no kids. The majority of residents in this area have high school diploma education.

All data provided by Home Junction and Claritas

Rocket Homes›Pennsylvania›Berks County›Reading›19601›550 Douglass St

This home is located at 550 Douglass St in Reading, PA and zip code 19601 in the Centre Park Historic District neighborhood. This 1,312 square foot home, which was built in 1912, sits on a 0.03 acre lot. It has been listed on Rocket Homes since December 27, 2024 and is currently priced at $330,000.

Reading, PA housing market in November 2024 saw over 90 listings sold above listed price, more than 32 sold at listed price and over 48 sold below. The number of homes for sale in Reading, PA decreased by 10.3% between October 2024 and November 2024. Listings spent 20 days on the market in November 2024, and had a median list price of $249,546 during the same period.

From Rocket Homes Real Estate and based on county public records data.

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