550 DOUGLASS ST new to site Save Request In-Person Tour Request Virtual Tour
Reading,PA 19601
Key Details
Property Type Multi-Family
Sub Type Triplex
Listing Status Active
Purchase Type For Sale
Square Footage 1,312 sqft
Price per Sqft $251
Subdivision Reading
MLS Listing ID PABK2052104
Style Other
Abv Grd Liv Area 1,312
Originating Board BRIGHT
Year Built 1912
Annual Tax Amount $2,029
Tax Year 2024
Lot Size 1,306 Sqft
Acres 0.03
Lot Dimensions 0.00 x 0.00
Property Description
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.
Location
State PA
County Berks
Area Reading City (10201)
Zoning MULTI UNIT
Rooms
Basement Unfinished
Interior
Hot Water Natural Gas
Heating Hot Water,Baseboard - Electric
Cooling None
Fireplace N
Heat Source Natural Gas
Exterior
Utilities Available Natural Gas Available,Electric Available
Water Access N
Roof Type Rubber,Shingle
Accessibility None
Garage N
Building
Foundation Brick/Mortar
Sewer Public Sewer
Water Public
Architectural Style Other
Additional Building Above Grade,Below Grade
New Construction N
Schools
School District Reading
Others
Tax ID 14-5307-59-84-1555
Ownership Fee Simple
SqFt Source Assessor
Acceptable Financing Cash,Conventional,FHA
Listing Terms Cash,Conventional,FHA
Financing Cash,Conventional,FHA
Special Listing Condition Standard