$224,900
720 Madison Ave, Reading, PA 19601
Listed by Realty One Group Alliance
Property to be auctioned September 3rd at 5:00 PM. Great Potential in This 3-Bedroom, 2-Bath City Row Home! Bring your vision and renovation ideas to this fixer-upper with great potential. The first floor features a living room, formal dining room, kitchen, full bath and laundry . The second floor offers two bedrooms, walk in closet and a second full bath. The finished third-floor attic provides a potential third bedroom or additional living space. Additional features include off-street parking, a storage shed, economical natural gas heat, upgraded 100 amp electric service, replacement windows and a natural gas hot water heater. Cash bids only. Must settle by September 30th. Proof of funds required. Property is being sold as is where is with no contingencies. There will be a ten percent buyer premium added to the winning bid price. Winning bidder will pay a nonrefundable $10,000 (ten thousand dollar), down payment day of the auction. More photos coming with the clean out finished.
How the bedrooms and baths are distributed across the floors, as reported by the listing agent.
| Date | Event | Price |
|---|---|---|
| Aug 19, 2026 | Listed for sale | $50,000 |
Price changes are tracked from when NookLocal first indexed this listing; earlier history may not appear. Tax & assessment details are in the section below.
Estimated at current rates
$1,348 / year
≈ $112 per month
MLS shows (2025)
$1,348
School tax
READING · 17.93 mills (2025-26)
$524
County tax
Berks County · 9.01 mills (2026)
$263
Municipal tax
As recorded for 2025, varies by municipality
$561
Recomputed from the county assessment ($29,200, 1994 base year) × current millage. School millage is from the latest year certified by the Pennsylvania Department of Education (2025-26); districts adopt the next year's budgets each June, and we update when the state certifies the statewide file in the fall. Portals typically reprint the recorded 2025 bill. Pennsylvania does not reassess on sale. Estimate only. Verify with Berks County before relying on it. Learn more: PA property tax calculator · Common Level Ratio by county.
Loan term
Estimated monthly payment
$378/mo
Taxes use NookLocal's estimate at current millage rates, not the stale figure on the MLS. The default rate is the average 30-year rate as of July 2026; insurance is estimated at 0.35% of the price per year. Below 20% down, lenders usually add mortgage insurance, which this estimate doesn't include. Estimate only; verify before relying on it.
School district
Reading
2025 PA state assessments (PSSA / Keystone) and graduation data. The index measures student outcomes, not school effectiveness, and is not adjusted for demographics. Districts serve all residents; verify enrollment boundaries with the district.
Safety data
Berks County crime & safety numbers →
County figures from FBI and Pennsylvania source data.
Property taxes
Berks County taxes, explained →
Millage, the Common Level Ratio, and what changes after you buy.
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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 United Real Estate Strive 212 participates, and is provided by BRIGHT through a licensing agreement.
IDX listings are displayed pursuant to broker of record United Real Estate Strive 212, Frank Ramos, Broker/Owner, PA Broker License RM424345, 1220 Broadcasting Rd, Suite 201, Wyomissing, PA 19610, (610) 372-0212.
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 Closed or are no longer being offered for sale.
Data last updated: August 22, 2026 at 2:04 PM EDT
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