Date
Details
Price
Change
Source
9/01/2026
Listed
$599,900
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
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Property Description
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 appreciate the potential for cash flow, as the property can be rented out to multiple tenants, diversifying income streams. Don't miss out on the chance to capitalize on this promising investment in Reading!
Full Property Details
Full Property Details for 548 S 7th St
General
- Price: $599,900
- Taxes: $2,096 (2026)
- Status: Active
- Type: Townhouse
- Source: BrightMLSPhilly
- MLS ID: PABK2077392
- Updated: 9/2/2026
- Added to Site: 38 day(s) ago
Rental Information
- Lease Info: Month to Month
Parking
- Total Spaces: 1
- Parking Type: On Street, Off Street
Location
- Area: Reading City (10201)
- Municipality: READING CITY
- County: BERKS
- Subdivision: READING
- Driving Directions: 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.
School Information
- School District: Reading
Heating & Cooling
- Cooling Type: None
- Heating Type: Baseboard - Electric
- Heating Fuel: Electric
- Water Heater: Electric
Utilities
- Sewer: Public Sewer
- Water: Public
Structural Information
- Architectural Style: Other
- Structure Type: End of Row/Townhouse
- Construction: Stucco
- Basement: Yes
- Basement Desc.: Unfinished
- Foundation: Stone
- Sq. Ft. Source: Assessor
- Year Built: 1920
- Year Built Source: Estimated
- Property Condition: Average
Unit Information
- Other Units: Unit 1, Unit 1, Unit 1, Unit 1
Lot Features
- Lot Size (Acres): 0.07
- Lot Size (Sq. Ft.): 3,049
- Lot Size Source: Assessor
- Zoning: MIXED RES/COMM
Financial Considerations
- Operating Expenses: $15,399
- Assessment Year: 2026
- School Tax: $814
- City/TownTax: $872
- City/TownTax Freq: Annually
- County Tax: $409
- County Tax Freq: Annually
- Tax w/Assessment: $45,400
- Tax Amount: $2,096
- Tax Year: 2026
- Owner Pays: Electricity, Water, Taxes - Real Estate, Insurance
Disclosures and Reports
- Ownership: Fee Simple
- Lot Number: 8849
Listed by Keller Williams Platinum Realty - Wyomissing, Zylkia R Rivera
We Value Your Privacy
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Listing agent
— 548 S 7th St —
Zylkia R Rivera
Keller Williams Platinum Realty - Wyomissing
Listing Office Email: frontdesk1110@kw.com
NMLS#: 1598647Get Pre-Approved Today
Schools
Schools serving 548 S 7th St
School District:Reading School District
| Name | Grades | Distance |
|---|---|---|
Tyson-Schoener El School 315 South 5th Street, Reading, PA 19602 | PK-4 | 0.3 mi |
Southwest Ms 300 Chestnut Street, Reading, PA 19602 | 5-8 | 0.5 mi |
Reading Senior High School 801 North 13th Street, Reading, PA 19604 | 9-12 | 1.6 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 548 S 7th St
Estimate the Cost
Estimate the Cost for 548 S 7th St
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548 S 7th Street, Reading, PA 19602 (MLS# PABK2077392) is a Townhouse property with 0 bedrooms and 0 full bathrooms. 548 S 7th Street is currently listed for $599,900 and was received on September 01, 2026. Want to learn more about 548 S 7th Street? Do you have questions about finding other Townhouse real estate for sale in Reading? You can browse all Reading real estate or contact a Coldwell Banker agent to request more information.