Seller's Agent in 2023
Marissa Burkholder
BHHS Fox & Roach
(484) 553-3073
1 in this area
127 Total Sales
1012 Penn St Reading, PA 19602
Penn's Common Neighborhood
--
Bed
2
Baths
2,950
Sq Ft
2,178
Sq Ft Lot
Highlights
- Traditional Architecture
- Hot Water Heating System
- Property is in excellent condition
About This Home
As of August 2023Concrete and Brick building with a rear yard! Both apartments are spacious, offer great light with lots of windows, updated flooring, are in good condition, and are generous in size. The building has an updated roof, windows, porch, and HVAC unit. Unit 1 (1 BR) has a new qualified tenant with a lease starting 3/1/2023 - $850/month rent + tenant pays electric/internet/cable. Unit 2 (3 BR) has a long-term (9-year) tenant paying $850 + tenant pays electric/internet/cable/gas month to month. (The current market value for the 3-bedroom unit is $1,400). The long-term tenant would like to continue staying as a tenant with new owners. Please allow 48 hours advance notice for tours to allow the owner to notify tenants. The owner is selling "AS IS" new owners will be responsible for ANY and ALL repairs and/or city requirements. Owner currently pays: taxes, water, sewer/trash, and hallway electricity.
Last Agent to Sell the Property
BHHS Fox & Roach-Allentown License #RS325467 Listed on: 02/15/2023
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $1,797
Year Built
- Built in 1915
Lot Details
- 2,178 Sq Ft Lot
- Property is in excellent condition
Parking
- On-Street Parking
Home Design
- Duplex
- Traditional Architecture
- Brick Exterior Construction
- Rubber Roof
- Concrete Perimeter Foundation
Interior Spaces
- 2,950 Sq Ft Home
- Basement Fills Entire Space Under The House
Schools
- Amanda E. Stout Elementary School
- Southern Middle School
- Reading Senior High School
Utilities
- Hot Water Heating System
- Natural Gas Water Heater
- Municipal Trash
Listing and Financial Details
- The owner pays for sewer, water, trash collection
- Tax Lot 7009
- Assessor Parcel Number 03-5317-77-00-7009
Community Details
Overview
- 2 Units
- 3-Story Building
Building Details
- 1 Vacant Unit
- Net Operating Income $13,675
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Home Values in the Area
Average Home Value in this Area
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 08/17/2023 08/17/23 | Sold | $190,000 | -5.0% | $64 / Sq Ft |
| 07/10/2023 07/10/23 | Pending | -- | -- | -- |
| 07/07/2023 07/07/23 | Price Changed | $200,000 | -14.9% | $68 / Sq Ft |
| 06/28/2023 06/28/23 | Price Changed | $235,000 | -2.1% | $80 / Sq Ft |
| 05/09/2023 05/09/23 | Price Changed | $240,000 | -2.0% | $81 / Sq Ft |
| 03/28/2023 03/28/23 | Price Changed | $245,000 | -2.0% | $83 / Sq Ft |
| 02/19/2023 02/19/23 | Price Changed | $250,000 | +16.3% | $85 / Sq Ft |
| 02/15/2023 02/15/23 | For Sale | $215,000 | +126.3% | $73 / Sq Ft |
| 02/05/2020 02/05/20 | Sold | $95,000 | -20.8% | $32 / Sq Ft |
| 12/31/2019 12/31/19 | Pending | -- | -- | -- |
| 12/27/2019 12/27/19 | For Sale | $119,900 | -- | $41 / Sq Ft |
Source: Bright MLS
Tax History Compared to Growth
Agents Affiliated with this Home
-
Marissa Burkholder
-
John Gantkowski
Buyer's Agent in 2023
John Gantkowski
Iron Valley Real Estate of Berks
(610) 780-3024
2 in this area
226 Total Sales
-
JOSE VAZQUEZ
Seller's Agent in 2020
JOSE VAZQUEZ
Light House Realtors, LLC
(484) 450-8771
3 in this area
37 Total Sales
-
Kimberly Bonenfant
Buyer's Agent in 2020
Kimberly Bonenfant
United Real Estate Strive 212
(610) 372-0212
49 Total Sales
Map
Source: Bright MLS
MLS Number: PABK2025616
APN: 5317-77-00-7009
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