$100,000
$115,000
13.0%For more information regarding the value of a property, please contact us for a free consultation.
2,400 SqFt
SOLD DATE : 10/23/2019
Key Details
Sold Price $100,000
Property Type Single Family Home
Sub Type Twin/Semi-Detached
Listing Status Sold
Purchase Type For Sale
Square Footage 2,400 sqft
Price per Sqft $41
Subdivision Hampden Heights
MLS Listing ID PABK348818
Sold Date 10/23/19
Style Colonial
HOA Y/N N
Abv Grd Liv Area 2,400
Originating Board BRIGHT
Year Built 1925
Annual Tax Amount $3,678
Tax Year 2019
Lot Size 3,920 Sqft
Acres 0.09
Lot Dimensions 0.00 x 0.00
Property Description
Hampden Heights semi-detached 3 unit in overall good condition but in need of some TLC. Property sits at the corner of Perry & N. 14th Streets. Unit 1, 1st floor front is an efficiency unit in need of rehab and updating, 30 year tenant paying $480/month. Gas cooking & gas hot water, basement access with laundry. Unit 2, 1st floor front has 3 rooms, 1 BR, 15 year tenant paying $655/month, gas cooking & gas hot water, hardwood floors, beautiful stained glass windows, basement access with laundry. Unit 3, 2nd & 3rd floors has 6 rooms, 3 BRS, laundry room, hardwood & laminate floors, gas cooking & gas hot water, rented for $600/month. Owner pays for gas heat, water, sewer, trash & recycling. 200 AMP service. Separate meters for gas & electric. Heat: $2400. W/S/T/R: $3000. Insurance: $1200. Total yearly rent: $20,820. Total expenses: $10,378. Net income: $10,442. Cap rate: 9.00%. Excellent location near Albright College. Must sell to settle Estate. Being sold AS IS.
Location
State PA
County Berks
Area Reading City (10201)
Zoning R2
Rooms
Basement Full
Interior
Hot Water Natural Gas, Multi-tank
Heating Hot Water
Cooling None
Flooring Wood, Vinyl
Fireplace N
Heat Source Natural Gas
Exterior
Utilities Available Cable TV, Electric Available, Natural Gas Available, Phone, Sewer Available, Water Available
Waterfront N
Water Access N
Roof Type Asphalt,Shingle
Accessibility Ramp - Main Level
Parking Type On Street
Garage N
Building
Sewer Public Sewer
Water Public
Architectural Style Colonial
Additional Building Above Grade, Below Grade
New Construction N
Schools
School District Reading
Others
Tax ID 17-5317-10-27-6480
Ownership Fee Simple
SqFt Source Assessor
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Financing Cash,Conventional
Special Listing Condition Probate Listing
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Bought with Jose M Candelaria • RE/MAX Of Reading
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