1013 Penn St Reading, PA 19601
Penn's Common NeighborhoodEstimated payment $2,580/month
Highlights
- 0.12 Acre Lot
- Tile or Brick Flooring
- Electric Baseboard Heater
- Transitional Architecture
- Forced Air Heating System
- 4-minute walk to City Park
About This Home
Calling all investors! 4 Residential Units now available in the heart of the city on Penn St. 4 Units make this eligible for FHA and Conventional Financing if you are looking to house hack by living in one unit and renting the others OR if you are simply looking to add a 4 Unit to your Real Estate Portfolio. High traffic count and central location makes residential units easy to rent. Excellent cash flow for the savvy investor. Current Rental / Lease Income Per Unit/Per Month: Unit/Apartment 1: $1300 Unit/Apartment 2: $750 Unit/Apartment 3: $1000 Unit/Apartment 4: $1000. Can be purchased individually or in a package deal with up to 19 Total Units. Please reach out for additional details and/or to schedule a walkthrough.
Listing Agent
(973) 666-1188 jthelusca@pagodarpm.com Pagoda Realty License #RS333622 Listed on: 08/23/2025
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $2,979
Year Built
- Built in 1915
Lot Details
- 5,227 Sq Ft Lot
Home Design
- Quadruplex
- Transitional Architecture
- Victorian Architecture
- Brick Exterior Construction
- Vinyl Siding
Interior Spaces
- 3,580 Sq Ft Home
- Basement Fills Entire Space Under The House
- Stove
Flooring
- Tile or Brick
- Vinyl
Parking
- On-Street Parking
- Off-Street Parking
Utilities
- Forced Air Heating System
- Heating System Uses Natural Gas
- Electric Baseboard Heater
- Natural Gas Water Heater
- Public Septic
Listing and Financial Details
- Tax Lot 7318
- Assessor Parcel Number 08-5317-77-00-7318
Community Details
Overview
- 4 Units
- Reading Subdivision
Building Details
- Income includes apartment rentals
Map
Home Values in the Area
Average Home Value in this Area
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $1,794 | $66,100 | $37,500 | $28,600 |
| 2024 | $2,935 | $66,100 | $37,500 | $28,600 |
| 2023 | $2,890 | $66,100 | $37,500 | $28,600 |
| 2022 | $2,890 | $66,100 | $37,500 | $28,600 |
| 2021 | $2,890 | $66,100 | $37,500 | $28,600 |
| 2020 | $2,861 | $66,100 | $37,500 | $28,600 |
| 2019 | $2,861 | $66,100 | $37,500 | $28,600 |
| 2018 | $2,861 | $66,100 | $37,500 | $28,600 |
| 2017 | $2,842 | $66,100 | $37,500 | $28,600 |
| 2016 | $1,623 | $66,100 | $37,500 | $28,600 |
| 2015 | $1,623 | $66,100 | $37,500 | $28,600 |
| 2014 | $1,494 | $66,100 | $37,500 | $28,600 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 09/30/2025 09/30/25 | Pending | -- | -- | -- | |
| 08/23/2025 08/23/25 | For Sale | $439,900 | +151.4% | $123 / Sq Ft | |
| 07/23/2021 07/23/21 | Sold | $175,000 | 0.0% | $49 / Sq Ft | View Prior Sale |
| 04/30/2021 04/30/21 | Pending | -- | -- | -- | |
| 04/27/2021 04/27/21 | Off Market | $175,000 | -- | -- | |
| 04/20/2021 04/20/21 | For Sale | $190,000 | -- | $53 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Deed | $175,000 | Conestoga Title Company | |
| Interfamily Deed Transfer | $75,000 | -- |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $140,000 | Commercial | |
| Previous Owner | $74,399 | FHA |
Source: Bright MLS
MLS Number: PABK2061798
APN: 08-5317-77-00-7318
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