$247,000
$249,900
1.2%For more information regarding the value of a property, please contact us for a free consultation.
2,262 SqFt
SOLD DATE : 09/18/2023
Key Details
Sold Price $247,000
Property Type Multi-Family
Sub Type End of Row/Townhouse
Listing Status Sold
Purchase Type For Sale
Square Footage 2,262 sqft
Price per Sqft $109
Subdivision Northeast Reading
MLS Listing ID PABK2033264
Sold Date 09/18/23
Style Traditional
Abv Grd Liv Area 2,262
Originating Board BRIGHT
Year Built 1900
Annual Tax Amount $2,807
Tax Year 2022
Lot Size 1,742 Sqft
Acres 0.04
Property Description
Nice opportunity for this 3 unit plus garage money maker. First floor apt is occupied with a 1 year lease and this unit was redone within a year or so. The 2nd and 3rd floor apartments are completely redone and ready for new tenants at current market values. There is noting to do but find tenants and move forward. The garage is vacant and ready for a new tenant at approximately $200/month. Tenants pay heat, electricity, (heat is electric baseboard) and gas for cooking. Owner pays owner's electricity, (includes garage) and gas for hot water, trash/recycling, water and sewer. Tremendous opportunity. The exterior was completely repainted. Roofs are metal and rubber and the metal roofs have been recoated. Some replacement windows. I feel this property is perfect for a seasoned investor, a new investor or a 'live in one and rent the other' investor. Reasonable taxes. Easy to show as tenant is only asking for 1 hour's notice.
Location
State PA
County Berks
Area Reading City (10201)
Zoning RES
Rooms
Basement Unfinished
Interior
Hot Water Electric
Heating Baseboard - Electric
Cooling None
Flooring Carpet, Laminate Plank
Heat Source Electric
Exterior
Exterior Feature Porch(es)
Garage Oversized
Garage Spaces 2.0
Utilities Available Cable TV Available
Waterfront N
Water Access N
Roof Type Metal,Pitched,Rubber
Accessibility None
Porch Porch(es)
Parking Type Detached Garage, On Street
Total Parking Spaces 2
Garage Y
Building
Foundation Stone
Sewer Public Sewer
Water Public
Architectural Style Traditional
Additional Building Above Grade, Below Grade
Structure Type Plaster Walls
New Construction N
Schools
High Schools Reading Senior
School District Reading
Others
Tax ID 13-5317-45-06-9157
Ownership Fee Simple
SqFt Source Assessor
Acceptable Financing Cash, Conventional, FHA, VA
Listing Terms Cash, Conventional, FHA, VA
Financing Cash,Conventional,FHA,VA
Special Listing Condition Standard
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Bought with Mark David Crystal • Sands & Company Real Estate
"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "