$310,000
SOLD JUN 25, 2025

100 S 2nd Ave Reading, PA 19611

-- Bed
-- Bath
2,506 Sq Ft
2,613 Sq Ft Lot

Recently Sold

$124 Per Sq Ft

6% Below List Price

Highlights

  • Traditional Architecture
  • Corner Lot
  • 4 Car Detached Garage
  • West Reading Elementary Center Rated A-
  • Multiple Balconies
  • Double Pane Windows

About This Home

As of June 2025

Very large West Reading - Wyomissing School District corner end of row 3 unit building with a detached 2 level 4 car garage with paved parking for 2 cars but could be expanded for up to 4-5 cars. The building is in overall solid shape but does need some work and has very low rents. Unit 1 is a total rehab and is currently vacant. This unit is on the 1st floor and has 4 rooms, 2 BRS, liv, kit, bath, projected rent $1500 a month. Unit 2- 2nd fl, 3 rooms, 1 BR, liv, kit, bath, 2 walk-in closets, covered balcony, 2 year tenant paying $585/month on a M/M basis. Market rent is $1100-1200 a month. Unit 3 - 3rd fl, 3 rooms, 1 BR, liv, kit, bath, covered balcony, 2 walk-in closets, 2 year tenant paying, $605/month on a M/M basis. Market rent is $1100-1200 a month. Garage #1 - $55/month. Garage #2 - $55/month. Garage #3 - $45/month. Garage #4 - Owner's unit. All 2 year tenants. Market rents - $125-150/month. Current actual income: $16,140. Expenses: $11,062. Net Income: $5,078. Cap Rate: 2% Expenses breakdown: Taxes: $4727. Electric: $361. Gas Heat: $1623. Water/Sewer: $2251. Insurance: $2,000. Owner pays for gas heat, common electric, w/s, trash, recycling, lawn maintenance & snow removal. Tenants pay for their electric and gas for cooking and hot water. All cooking is gas and all 3 water heaters are gas. One was just replaced in 2025. At market rents annual income: $54,000. Expenses: $11,062. NOI: $42,938. Cap Rate: 13%. Recent updates include a new rubber roof 8-10 years ago. New gas boiler about 20 years ago. New replacement windows about 15 years ago. 200 AMP electric with 4 - 100 amp panels. Units 2 & 3 have been recently remodeled. A gem of a property with so much potential that will make a wonderful addition to your investment portfolio!! Being sold AS IS.

Last Agent to Sell the Property

Jose Candelaria

RE/MAX Of Reading License #RS193774L Listed on: 03/29/2025

RE/MAX Of Reading

Last Buyer's Agent

Jose Candelaria

RE/MAX Of Reading License #RS193774L Listed on: 03/29/2025

RE/MAX Of Reading

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,727

Year Built

  • Built in 1920

Lot Details

  • 2,613 Sq Ft Lot
  • Corner Lot
  • Property is in good condition

Parking

  • 4 Car Detached Garage
  • 2 Driveway Spaces
  • Front Facing Garage
  • Rear-Facing Garage

Home Design

  • Triplex
  • Traditional Architecture
  • Brick Exterior Construction
  • Stone Foundation
  • Poured Concrete
  • Rubber Roof
  • Vinyl Siding
  • Stucco

Interior Spaces

  • 2,506 Sq Ft Home
  • Double Pane Windows
  • Replacement Windows
  • Double Hung Windows
  • Window Screens
  • Gas Oven or Range

Flooring

  • Carpet
  • Ceramic Tile
  • Vinyl

Unfinished Basement

  • Basement Fills Entire Space Under The House
  • Interior and Exterior Basement Entry
  • Drain
  • Dirt Floor

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector
  • Fire Escape

Outdoor Features

  • Multiple Balconies
  • Patio
  • Exterior Lighting
  • Outbuilding

Utilities

  • Window Unit Cooling System
  • Radiator
  • Hot Water Heating System
  • Above Ground Utilities
  • 200+ Amp Service
  • Multi-Tank Natural Gas Water Heater
  • Municipal Trash

Listing and Financial Details

  • The owner pays for common area maintenance, heat, heater maintenance contract, insurance, lawn/shrub care, management, repairs, sewer, sewer maintenance, snow removal, real estate taxes, trash collection, water
  • Tax Lot 7506
  • Assessor Parcel Number 93-5306-06-39-7506

Community Details

Overview

  • 3 Units
  • 4-Story Building
  • West Reading Subdivision

Building Details

  • 1 Vacant Unit
  • Income includes apartment rentals
  • Insurance Expense $2,000
  • Other Expense $8,962
  • Operating Expense $11,062
  • Gross Income $34,140
  • Net Operating Income $5,078

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,727

Year Built

Built in 1920

Lot Details

0

Parking

4

Listing Details

  • Property Type: Multi-Family
  • Property Sub Type: Triplex
  • Structure Type: End Of Row/Townhouse
  • Architectural Style: Traditional
  • Ownership: Fee Simple
  • Historic: No
  • Inclusions: 2 Range/Ovens, 2 Refrigerators
  • New Construction: No
  • Other Expense: 8962.00
  • Year Built: 1920
  • Automatically Close On Close Date: No
  • Building Winterized: No
  • Remarks Public: Very large West Reading - Wyomissing School District corner end of row 3 unit building with a detached 2 level 4 car garage with paved parking for 2 cars but could be expanded for up to 4-5 cars. The building is in overall solid shape but does need some work and has very low rents. Unit 1 is a total rehab and is currently vacant. This unit is on the 1st floor and has 4 rooms, 2 BRS, liv, kit, bath, projected rent $1500 a month. Unit 2- 2nd fl, 3 rooms, 1 BR, liv, kit, bath, 2 walk-in closets, covered balcony, 2 year tenant paying $585/month on a M/M basis. Market rent is $1100-1200 a month. Unit 3 - 3rd fl, 3 rooms, 1 BR, liv, kit, bath, covered balcony, 2 walk-in closets, 2 year tenant paying, $605/month on a M/M basis. Market rent is $1100-1200 a month. Garage #1 - $55/month. Garage #2 - $55/month. Garage #3 - $45/month. Garage #4 - Owner's unit. All 2 year tenants. Market rents - $125-150/month. Current actual income: $16,140. Expenses: $11,062. Net Income: $5,078. Cap Rate: 2% Expenses breakdown: Taxes: $4727. Electric: $361. Gas Heat: $1623. Water/Sewer: $2251. Insurance: $2,000. Owner pays for gas heat, common electric, w/s, trash, recycling, lawn maintenance & snow removal. Tenants pay for their electric and gas for cooking and hot water. All cooking is gas and all 3 water heaters are gas. One was just replaced in 2025. At market rents annual income: $54,000. Expenses: $11,062. NOI: $42,938. Cap Rate: 13%. Recent updates include a new rubber roof 8-10 years ago. New gas boiler about 20 years ago. New replacement windows about 15 years ago. 200 AMP electric with 4 - 100 amp panels. Units 2 & 3 have been recently remodeled. A gem of a property with so much potential that will make a wonderful addition to your investment portfolio!! Being sold AS IS.
  • Special Features: None

Interior Features

  • Appliances: Oven/Range - Gas, Refrigerator
  • Flooring Type: Carpet, Ceramic Tile, Vinyl
  • Interior Amenities: Carpet
  • Window Features: Double Pane, Double Hung, Replacement, Screens
  • Fireplace: No
  • Foundation Details: Stone
  • Room Count: 10
  • Basement: Yes
  • Basement Type: Drain, Dirt Floor, Full, Interior Access, Outside Entrance, Rear Entrance, Unfinished, Poured Concrete
  • Total Sq Ft: 2506
  • Living Area Sq Ft: 2506
  • Price Per Sq Ft: 131.68
  • Above Grade Finished Sq Ft: 2506
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 100

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Other Structures List: Garage(s)
  • Construction Materials: Brick, Vinyl Siding, Stucco
  • Exterior Features: Exterior Lighting, Fire Escape, Outbuilding(s), Sidewalks, Street Lights
  • Roof: Rubber
  • Spa: No
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage Spaces: 4.00
  • Garage: Yes
  • Parking Features: Asphalt Driveway
  • Garage Features: Garage - Front Entry, Garage - Rear Entry
  • Number Of Detached Garage Spaces: 4
  • Total Garage And Parking Spaces: 6
  • Type Of Parking: Detached Garage, Driveway
  • Number of Spaces in Driveway: 2

Utilities

  • Central Air Conditioning: No
  • Cooling Fuel: Electric
  • Cooling Type: Window Unit(s)
  • Electric Service: 200+ Amp Service, Circuit Breakers
  • Heating Fuel: Natural Gas
  • Heating Type: Hot Water, Radiator
  • Heating: Yes
  • Hot Water: Multi-Tank, Natural Gas
  • Security: Carbon Monoxide Detector(s), Smoke Detector
  • Sewer/Septic System: Public Sewer
  • Utilities: Above Ground
  • Water Source: Public
  • Municipal Trash: Yes

Condo/Co-op/Association

  • Association Recreation Fee: No

Schools

  • School District: WYOMISSING AREA
  • School District Key: 300200397308
  • School District Source: Listing Agent

Lot Info

  • Land Use Code: 138R
  • Lot Features: Corner
  • Lot Size Acres: 0.06
  • Lot Dimensions: 0.00 x 0.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 2613.00
  • Outdoor Living Structures: Balconies- Multiple, Patio(s), Roof
  • Property Condition: Good
  • Year Assessed: 2025
  • Zoning: R-3

Rental Info

  • Existing Lease Type: Long Term, Month To Month
  • Ground Rent Exists: No
  • Number Of Units Month To Month: 2
  • Owner Pays: Common Area Maintenance, Heat, Heater Maintenance Contract, Insurance, Lawn/Shrub Care, Management, Repairs, Sewer, Sewer Maintenance, Snow Removal, Taxes - Real Estate, Trash Collection, Water
  • Rent Control: No
  • Total Actual Rent: 34140.00
  • Units Leased Count: 5
  • Vacation Rental: No

Tax Info

  • School Tax: 3064.00
  • Tax Annual Amount: 4727.00
  • Assessor Parcel Number: 93-5306-06-39-7506
  • Tax Lot: 7506
  • Tax Total Finished Sq Ft: 2506
  • County Tax Payment Frequency: Annually
  • Tax Year: 2025
  • Close Date: 06/25/2025

Multi Family

  • Number Of Units Vacant: 1
  • Gross Income: 16140.00
  • Gross Scheduled Income: 34140.00
  • Income Includes: Apartment Rentals
  • Operating Expense: 11062.00
  • Other Units: Unit 1,Unit 2,Unit 4,Unit 5,Unit 3,Unit 6,Unit 7

MLS Schools

  • School District Name: WYOMISSING AREA

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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/25/2025 06/25/25 Sold $310,000 -6.1% $124 / Sq Ft
03/29/2025 03/29/25 Pending -- -- --
03/29/2025 03/29/25 For Sale $330,000 -- $132 / Sq Ft
Source: Bright MLS

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Jose Candelaria

    Seller's Agent in 2025

    Jose Candelaria

    RE/MAX of Reading

    (610) 207-8066

    9 in this area

    218 Total Sales

    Jose Candelaria
    Section Image
See All Agents

Map

Source: Bright MLS

MLS Number: PABK2055236

Bright MLS

APN: 5306-06-39-7506

Pennsylvania Berks County Reading 19611

100 S 2nd Ave, Reading, PA

This home is located at 100 S 2nd Ave, Reading, PA 19611 and is currently priced at $310,000, approximately $123 per square foot. This property was built in 1920. 100 S 2nd Ave is a home located in Berks County with nearby schools including West Reading Elementary Center, Wyomissing Hills Elementary Center, and Wyomissing Area Junior-Senior High School.

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