$2,908 Closing Credit¹
David Baez, Listing Office: EXP Realty, LLC
$3,741
closing credit¹
550 Douglass St Reading, PA 19601
$315,000 List price
$3,741
Closing credit¹
1,312 sqft
0.03 acres
$240 / sqft
Multi-Family
Property details
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 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.
Highlights
Home typeTriplex
HeatingHot Water, Baseboard
StatusActive
(ACTIVE)
(ACTIVE)
Size1,312 sqft
BasementYes
Lot size0.03 Acres
Year built1912
ParkingOn Street
MLS #PABK2052104
Summary
- MLS Number: PABK2052104
- MLS Name: BRIGHT
- Office Name: Iron Valley Real Estate of Berks
- Office Phone: (484) 450-8771
- Office Email: admin@ironvalleyrealestateofberks.com
- Listing Agent: Jose Ramon Acosta Jr.
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. ©2025 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: 1/21/2025, 11:23:37 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Get an agent. Get a mortgage. Save big.¹
$315,000
550 Douglass St
$3,741
closing credit¹
Sell your home with Rocket and save even more!
Seller rebate
0.5% sale price²
Price information
Property sales
| Date | Event | Price |
|---|---|---|
| Nov 13, 2012 | Home Sold | $75,000 |
| Dec 15, 2010 | Home Sold | $65,000 |
| Jan 03, 1995 | Home Sold | $40,000 |
Tax history
| Year | Assessment | Property Tax |
|---|---|---|
| 2021 | $45,700 | $1,997 |
| 2020 | $45,700 | $1,977 |
| 2019 | $45,700 | $1,977 |
| 2018 | $45,700 | $1,977 |
| 2017 | $45,700 | $1,964 |
History based on county public records data.
Nearby schools
4
10th and Green Elementary School
Public District PK-4
0.5 mi
•400 N 10th St
6
Lauer's Park Elementary School
Public District PK-4
0.6 mi
•251 N 2nd St
5
12th and Marion Elementary School
Public District PK-4
0.8 mi
•1200 N 12th St
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $39,500. Residents of Reading, PA typically earn between $35k-100k each year. Typical family type is single, no kids. Typical level of education for residents in this area is high school diploma.
How much money do the neighbors make?
44%
<35k
51%
35k-100k
5%
100k-200k
0%
200k+
What level of education do the neighbors have?
High School Diploma
Post Secondary Degree
Masters Degree
What types of families live nearby?
55%
Single, No Kids
24%
Single, with Kids
10%
Married, No Kids
11%
Married, with Kids
Are the neighbors home owners or renters?
Home Owners
Renters
How old are people in this area?
19%
<11 yrs old
7%
12-17 yrs old
27%
18-34 yrs old
39%
35-64 yrs old
8%
65+ yrs old
What do the neighbors do for fun?
Pro Boxing- UFC
Pro Wrestling
Where do the neighbors shop?
Burlington
Family Dollar
Stein Mart
Where do the neighbors go to eat?
Popeyes
Burger King
Cicis Pizza
What do the neighbors drive?
Dodge
Buick
Pontiac
What do the neighbors listen to?
Urban Contemporary
Jazz
Contemporary Inspirational
All data provided by Home Junction and Claritas
Similar homes for sale
$4,453 Closing Credit¹
Ashlee Perez, Listing Office: Keller Williams Platinum Realty - Wyomissing
$3,735 Closing Credit¹
Veronica Palmer, Listing Office: Iron Valley Real Estate of Berks
$3,313 Closing Credit¹
Shawn M Krause, Listing Office: KW Empower
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. Features: 0 bathroom. It has been listed on Rocket Homes since December 27, 2024 and is currently priced at $315,000.
Over 69 listings were sold over their listed price in December 2024 in Reading, PA. In the same period over 50 listings were sold below the listed price and 27 listings were sold for the listed price. Between November and December 2024, Reading, PA real estate market has seen decrease in the number of listings by 17.4%. While the average time on the market in December 2024 was 22 days, the median list price was $250,000.
From Rocket Homes Real Estate and based on county public records data.