$110,000
$124,900
11.9%For more information regarding the value of a property, please contact us for a free consultation.
2,112 SqFt
SOLD DATE : 05/01/2017
Key Details
Sold Price $110,000
Property Type Single Family Home
Sub Type Twin/Semi-Detached
Listing Status Sold
Purchase Type For Sale
Square Footage 2,112 sqft
Price per Sqft $52
Subdivision Northeast Reading
MLS Listing ID 1003261437
Sold Date 05/01/17
Style Other
HOA Y/N N
Abv Grd Liv Area 2,112
Originating Board TREND
Year Built 1925
Annual Tax Amount $3,250
Tax Year 2017
Lot Size 3,049 Sqft
Acres 0.07
Lot Dimensions IRREG
Property Description
Very large 2-unit building near Albright College in upper Northeast Reading designed and built as a 2 unit. Unit 1 is currently owner occupied and consists of 5 total rooms, 2 private BRs, living and dining room, modern kitchen and bath, hardwood floors, front and rear porches, access to very large full partially finished basement with access to the oversized 1-car garage with automatic opener. Unit 2 is currently vacant and consists of 5 total rooms, 2 private BRs, living and dining rooms, modern kitchen and bath, hardwood floors, front and rear balconies, rear egress stairway to the 2nd floor rear porch, and access to the attic for storage. Some updates include a newer high-efficiency gas boiler in 2009, 2 separate gas water heaters, 200 AMP main electric with individual 100 AMP breaker panels. Owner pays heat and cold water. This property is perfect as an owner- occupied investment or for an investor. VERY GOOD CASH FLOW! 12% CAP RATE!
Location
State PA
County Berks
Area Reading City (10201)
Zoning R3
Rooms
Other Rooms Primary Bedroom
Basement Full, Outside Entrance, Drainage System
Interior
Interior Features Ceiling Fan(s)
Hot Water Natural Gas
Heating Gas, Hot Water, Radiator, Zoned
Cooling None
Flooring Wood, Vinyl, Tile/Brick
Fireplace N
Heat Source Natural Gas
Laundry Has Laundry
Exterior
Garage Garage Door Opener, Oversized
Garage Spaces 2.0
Utilities Available Cable TV Available
Waterfront N
Water Access N
Roof Type Pitched,Shingle
Accessibility None
Parking Type Attached Garage, Other
Attached Garage 1
Total Parking Spaces 2
Garage Y
Building
Foundation Concrete Perimeter
Sewer Public Sewer
Water Public
Architectural Style Other
Additional Building Above Grade
New Construction N
Schools
High Schools Reading Senior
School District Reading
Others
Tax ID 17-5317-29-18-0637
Ownership Fee Simple
Acceptable Financing Conventional, VA, FHA 203(b)
Listing Terms Conventional, VA, FHA 203(b)
Financing Conventional,VA,FHA 203(b)
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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! "