$40,000
$54,900
27.1%For more information regarding the value of a property, please contact us for a free consultation.
2,220 SqFt
SOLD DATE : 06/09/2021
Key Details
Sold Price $40,000
Property Type Multi-Family
Sub Type Interior Row/Townhouse
Listing Status Sold
Purchase Type For Sale
Square Footage 2,220 sqft
Price per Sqft $18
Subdivision Northeast Reading
MLS Listing ID 1008344288
Sold Date 06/09/21
Style Converted Dwelling
HOA Y/N N
Abv Grd Liv Area 2,220
Originating Board TREND
Year Built 1900
Annual Tax Amount $1,640
Tax Year 2018
Lot Size 1,307 Sqft
Acres 0.03
Lot Dimensions IRREG
Property Description
Very large Northeast Reading 3 unit in need of work but with some good updates. Unit 1 is on the 1st floor and has 4 rooms, 2 BRS and is owner occupied with projected rent of $650/month. Unit 2 is on the 2nd floor and has 4 rooms, 2 BRS, rented by a 19 year tenant at $550/month. Unit 3 is on the 3rd floor and has 4 rooms, 2 BRS, rented by a 19 year tenant at 560/month. Rents are very low and could be raised but you do have long term tenants. More features include a 1 car detached garage, newer gas boiler about 6-7 years old, 200 AMP eletric and enclosed firepescapes for units 2 & 3. Overall a solid investment property that needs some work. Cash or commercial financing only. Being sold AS IS.
Location
State PA
County Berks
Area Reading City (10201)
Zoning R-3
Rooms
Other Rooms Primary Bedroom
Basement Full, Unfinished, Outside Entrance, Drainage System
Interior
Hot Water Electric
Heating Hot Water, Radiator
Cooling None
Flooring Fully Carpeted, Vinyl
Fireplace N
Window Features Replacement
Heat Source Natural Gas
Laundry None
Exterior
Garage Garage - Rear Entry
Garage Spaces 1.0
Utilities Available Cable TV Available
Waterfront N
Water Access N
Roof Type Pitched
Accessibility None
Parking Type Detached Garage
Total Parking Spaces 1
Garage Y
Building
Foundation Stone
Sewer Public Sewer
Water Public
Architectural Style Converted Dwelling
Additional Building Above Grade
New Construction N
Schools
High Schools Reading Senior
School District Reading
Others
Tax ID 17-5317-21-08-4980
Ownership Fee Simple
SqFt Source Assessor
Security Features Security Gate
Acceptable Financing Conventional
Listing Terms Conventional
Financing Conventional
Special Listing Condition Standard
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Bought with Jose M Candelaria • RE/MAX Of Reading
"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "