Great investment opportunity in Northeast Reading. This spacious 4‑bedroom townhome offers solid rental income with a tenant already in place. The home features gas heating, a functional layout, and generous bedroom sizes ideal for continued occupancy. Located near major routes, schools, and city conveniences, this property provides steady cash flow with room to add value over time. A strong addition to any rental portfolio.
Pending
Price cut: $39.9K (9/18)
$120,000
1221 Elm St, Reading, PA 19604
4beds
1,444sqft
Townhouse
Built in 1900
1,307 Square Feet Lot
$-- Zestimate®
$83/sqft
$-- HOA
What's special
Generous bedroom sizesGas heatingFunctional layout
- 48 days
- 86
- 1
Zillow last checked:
Listing updated:
Listed by:
Luz Munoz 484-266-8561,
Realty One Group Alliance 6104848663
Source: Bright MLS,MLS#: PABK2076888
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 1
- Full bathrooms: 1
Basement
- Area: 0
Heating
- Forced Air, Natural Gas
Cooling
- Central Air, Electric
Appliances
- Included: Refrigerator, Cooktop, Gas Water Heater
- Laundry: In Basement
Features
- Basement: Full,Unfinished
- Has fireplace: No
Interior area
- Total structure area: 1,444
- Total interior livable area: 1,444 sqft
- Finished area above ground: 1,444
- Finished area below ground: 0
Property
Parking
- Parking features: On Street
- Has uncovered spaces: Yes
Accessibility
- Accessibility features: None
Features
- Levels: Two
- Stories: 2
- Pool features: None
Lot
- Size: 1,307 Square Feet
Details
- Additional structures: Above Grade, Below Grade
- Parcel number: 09531770118926
- Zoning: RES
- Special conditions: Standard
Construction
Type & style
- Home type: Townhouse
- Architectural style: Traditional
- Property subtype: Townhouse
Materials
- Brick
- Foundation: Brick/Mortar
- Roof: Shingle
Condition
- New construction: No
- Year built: 1900
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Natural Gas Available
Community & HOA
Community
- Subdivision: Northeast Reading
HOA
- Has HOA: No
Location
- Region: Reading
- Municipality: READING CITY
Financial & listing details
- Price per square foot: $83/sqft
- Tax assessed value: $33,000
- Annual tax amount: $1,523
- Date on market: 8/20/2026
- Listing agreement: Exclusive Right To Sell
- Listing terms: Cash,Conventional
- Inclusions: Refrigerator, Stove
- Exclusions: Tenant Personal Property
- Ownership: Fee Simple
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
| Date | Event | Price |
|---|---|---|
| 9/18/2026 | Pending sale | $120,000-25%$83/sqft |
Source:  Bright MLS #PABK2076888 Report a problem | ||
| 8/21/2026 | Listed for sale | $159,900+370.3%$111/sqft |
Source: Bright MLS #PABK2076888 Report a problem | ||
| 5/6/2024 | Sold | $34,000$24/sqft |
Source: Public Record Report a problem | ||
| 7/22/2019 | Sold | $34,000-12.6%$24/sqft |
Source: Public Record Report a problem | ||
| 6/6/2019 | Pending sale | $38,900$27/sqft |
Source: CENTURY 21 Gold #PABK339350 Report a problem | ||
| 5/31/2019 | Price change | $38,900-7.4%$27/sqft |
Source: CENTURY 21 Gold #PABK339350 Report a problem | ||
| 4/11/2019 | Listed for sale | $42,000+5%$29/sqft |
Source: C-21 Gold #PABK339350 Report a problem | ||
| 2/25/2016 | Sold | $40,000-19.8%$28/sqft |
Source: Public Record Report a problem | ||
| 7/24/2013 | Listing removed | $49,900$35/sqft |
Source: Coldwell Banker Select Professionals #6146845 Report a problem | ||
| 12/27/2012 | Listed for sale | $49,900+232.7%$35/sqft |
Source: Coldwell Banker Select Professionals #6146845 Report a problem | ||
| 11/30/2009 | Sold | $15,000$10/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $1,487 +1.5% | $33,000 |
| 2024 | $1,465 +1.6% | $33,000 |
| 2023 | $1,443 | $33,000 |
| 2022 | $1,443 | $33,000 |
| 2021 | $1,443 +1% | $33,000 |
| 2020 | $1,428 | $33,000 |
| 2019 | $1,428 | $33,000 |
| 2018 | $1,428 +0.7% | $33,000 |
| 2017 | $1,419 +75% | $33,000 |
| 2016 | $810 +8.7% | $33,000 |
| 2015 | $746 | $33,000 |
| 2014 | -- | $33,000 |
| 2013 | -- | $33,000 |
| 2012 | -- | $33,000 |
| 2011 | -- | $33,000 |
| 2010 | -- | $33,000 |
| 2009 | -- | $33,000 |
| 2008 | -- | $33,000 |
| 2007 | -- | $33,000 |
| 2006 | -- | $33,000 |
| 2005 | -- | $33,000 |
| 2004 | -- | $33,000 |
| 2003 | -- | $33,000 |
| 2002 | -- | $33,000 |
| 2000 | -- | $33,000 |
Find assessor info on the county website
Monthly payment
Est. payment
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.Climate risks
Neighborhood: 19604
Nearby schools
Schools provided by the listing agent
- District: Reading
Source: Bright MLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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