1049 OLEY STREET, READING, PA 19604
NORTHWEST READING · BERKS County
Key Facts
Description
Charming Row-home – A Great Opportunity for Homeowners & Investors! Whether you're looking for your next home or a smart investment property, this charming interior row townhouse is full of potential. Built in 1900, this well-maintained brick home offers approximately 1,820 square feet of living space, combining classic character with thoughtful updates and plenty of room to make it your own. Inside, you'll find four spacious, private bedrooms, providing flexibility for families, guests, a home office, or those looking for extra space. The home has been freshly painted throughout, and most of the flooring has been replaced with brand-new flooring, creating a bright, clean, move-in-ready feel. Additional recent improvements include an updated electrical panel installed within the past few years, a roof that's only a couple of years old, and a furnace with a recently replaced motor, giving buyers added confidence in the home's major systems. The generous floor plan offers endless possibilities for personalizing to fit your style while building equity, or for investors seeking a strong rental opportunity. The property was previously approved for Section 8, making it an excellent opportunity for investors looking to generate reliable rental income. Enjoy the covered rear porch overlooking the small, private backyard—a cozy outdoor space that's perfect for relaxing with your morning coffee, unwinding after a long day, or enjoying a little extra privacy. The unfinished walkout basement with windows provides excellent storage and offers potential for a workshop, hobby area, or future improvements. A rare bonus for the area, the home also features an off-street asphalt driveway with parking for up to three vehicles, adding convenience for homeowners and tenants alike. Conveniently located near shopping, restaurants, schools, parks, public transportation, and major commuter routes, this property offers both comfort and convenience. Whether you're searching for an affordable place to call home or looking to expand your investment portfolio, this gem offers outstanding value, numerous recent updates, and exceptional potential. Move right in or start generating rental income—schedule your showing today and discover everything this home has to offer!
Property Information
Property Type
Residential
Sub-Type
Townhouse
Structure Type
Townhouse
Year Built
1900
Living Area
1,820 sq ft
Parking Spaces
3
Zoning
RESIDENTIAL
Days on Market
6
MLS® Listing#
PABK2075322
Property Features
Interior
Appliances
Cooling
Heating
Flooring
Fireplace
Basement
Pool
Parking
Lot Features
Construction
Foundation
Roof
Community
Sewer
Water Source
Schools
- Elementary:
- 10TH-GREEN
- Middle:
- NORTHWEST
- High:
- READING
- District:
- READING
Financial Details
HOA
None
Annual Taxes
$1,062
Tax year 2026
Assessed Value
$23,000
Parcel Number
12-5317-53-14-0147
Directions
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Affordability Calculator
$45,980
Estimated monthly payment
$1,224/mo
Principal $183,920 · Est. interest $256,585 over 30 yrs
Neighborhood Market Statistics
How this home compares to active listings in READING, PA
- $275,862
- Median Listing Price
- 38
- Median Days on Market
- 1,551
- Median Sq Ft
- $154
- Median Price / Sq Ft
- 264
- Active Listings
- This home’s price is 17% below the area median.
- Its price per sq ft is 18% below the area median.
Market statistics compiled from active EXIT Realty® and MLS listings in READING, PA.
Location
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Points of Interest in READING, PA
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Nearby Homes
Similar Homes Nearby
Similar Home Values
Comparable nearby listings and their asking prices.
| Address | Price | Beds | Baths | Sq Ft |
|---|---|---|---|---|
| 735 N 9TH STREET, READING, PA | $162,000 | 6 | 1 | 2,340 |
| 1105 GREEN STREET, READING, PA | $164,800 | 3 | 2 | 1,146 |
| 431 PINE STREET, READING, PA | $164,900 | 3 | 2 | 1,266 |
| 1541 MOSS STREET, READING, PA | $167,000 | 4 | 1 | 1,225 |
| 345 MILLER STREET, READING, PA | $169,000 | 3 | 1 | 1,190 |
| 1242 MUHLENBERG STREET, READING, PA | $169,000 | 4 | 1 | 1,282 |
Moving Cost Estimate
EXIT Agents in READING
Listing Courtesy: Springer Realty Group - 4844984000