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$599,900

548 7th St

Reading, PA
ACTIVE-BRIGHT
5
Bedrooms
0.07
Lot Size (acres)
1920
Year Built
55
Days On Market

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!

Listing Information

Listing Updated
09/02/2026
Listed By
Zylkia R Rivera, 4847695873 · Keller Williams Platinum Realty - Wyomissing, 6108981441
MLS#
PABK2077392
Source
Bright
Status
ACTIVE-BRIGHT

Facts & Features

Location

Community Information

Address
548 S 7th St, Reading, PA 19602
City
Reading
County
Berks
Neighborhood
READING
Zip Code
19602

Architecture

Bedrooms
5
Year Built
1920
Style
Other
Construction Materials
Stucco
Foundation
Stone
Garage Spaces
0
Parking Features
On Street, Off Street

Features & Amenities

Appliances
Electric Water Heater
Cooling
None
Heating
Baseboard, Electric

Property Features

Lot Size
0.07 Acres
Water
Public
Sewer
Public Sewer

Tax & Financial Information

List Price
$599,900
Annual Taxes
$2,096

Schools

90/100
Tenth & Green Elementary School
Elementary · Grades PK–04 · 1.2 mi
City
Reading
Students
747
Student body
89% Hispanic / Latino · 6% Black · 4% White
Free/reduced lunch
100%
Phone
(610) 371-5756
71/100
Lauers Park Elementary School
Elementary · Grades PK–04 · 1 mi
City
Reading
Students
566
Parent reviews
5.0★ avg · 4 reviews
Student body
88% Hispanic / Latino · 7% White · 4% Black
Free/reduced lunch
100%
Phone
(610) 371-5960
62/100
Southwest Middle School
Grades M–M · 0.5 mi
City
Reading
Students
495
Student–teacher
15.4
Student body
84% Hispanic / Latino · 10% Black · 4% White
Free/reduced lunch
100%
Phone
(610) 371-5934
59/100
I-Lead Charter School
Grades M–M · 0.7 mi
City
Reading
Students
408
Student–teacher
17.0
Student body
92% Hispanic / Latino · 4% Black · 3% White
Free/reduced lunch
100%
Phone
(855) 453-2327
55/100
West Reading Elementary Center
Middle · Grades 05–06 · 1.3 mi
City
West Reading
Students
280
Student body
63% White · 24% Hispanic / Latino · 6% Black
Free/reduced lunch
35%
Phone
(610) 374-0739
54/100
Tyson-Schoener Elementary School
Elementary · Grades PK–04 · 0.3 mi
City
Reading
Students
449
Student body
88% Hispanic / Latino · 5% Black · 5% White
Free/reduced lunch
99%
Phone
(610) 371-5951
54/100
Southern Middle School
Middle · Grades 05–08 · 0.5 mi
City
Reading
Students
755
Student body
87% Hispanic / Latino · 9% Black · 3% White
Free/reduced lunch
100%
Phone
(610) 371-5803
53/100
Amanda E Stout Elementary School
Elementary · Grades PK–04 · 0.4 mi
City
Reading
Students
784
Student body
87% Hispanic / Latino · 8% Black · 4% White
Free/reduced lunch
100%
Phone
(610) 371-5815

School ratings are provided for informational purposes only and are subject to change. Attendance boundaries are for reference only — contact the school or district directly to verify enrollment eligibility.

Historical Data

Price History

DateEventPrice
09/01/2026Listed for sale$599,900

Listed by Zylkia R Rivera · Keller Williams Platinum Realty - Wyomissing · 6108981441

Listing information provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information deemed reliable but not guaranteed by the MLS. Copyright 2026, Bright. All rights reserved.

Last Updated: September 2, 2026 at 1:53 PM | Source: Bright | MLS#: PABK2077392

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