$209,000
SOLD OCT 18, 2022 RENTED MAR 23, 2025
-- Bed
-- Bath
1,856 Sq Ft
1,306 Sq Ft Lot

Recently Sold

$113 Per Sq Ft

3% Below List Price

13 Days on Market

About This Home

As of October 2022

3 unit multi-property. 1st floor is a 2 bedroom walkthrough with a second entrance in the rear opening onto a paved courtyard paying $700 month to month. Unit 2 is a private 2 bedroom with a long-term tenant paying $750 month o month. Unit 3 is a 2nd-floor efficiency accessed by stairs in the rear of the building. It also has a private 2nd-floor patio area and pays $550 month to month. All Units pay for their own electricity along with hot water. The efficiency is electric heat while the other 2 units are serviced by a gas boiler paid for by the owner. The water for all units is also sub-metered to allow for keeping track of users. There is a garage in the rear with electricity that is being used by the owner. This is a quality building that has been well maintained. The gross income is $24,000, expenses are $8,730 and Net Income is $15,270

Last Agent to Sell the Property

Eric Donahue

RE/MAX Of Reading License #RS272188 Listed on: 08/03/2022

Last Buyer's Agent

Ana Betancur

NextHome Alliance

NextHome Alliance

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,928

Year Built

  • Built in 1900

Lot Details

  • 1,306 Sq Ft Lot

Parking

  • On-Street Parking

Home Design

  • Duplex
  • Brick Exterior Construction
  • Brick Foundation

Interior Spaces

  • 1,856 Sq Ft Home
  • Basement Fills Entire Space Under The House

Schools

  • Reading Senior High School

Utilities

  • Forced Air Heating System
  • Heating System Uses Oil
  • Electric Water Heater

Community Details

  • 3 Units

Listing and Financial Details

  • Tax Lot 4885
  • Assessor Parcel Number 13-5317-45-05-4885

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,928

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Property Sub Type: Duplex
  • Structure Type: Interior Row/Townhouse
  • Ownership: Fee Simple
  • New Construction: No
  • Year Built: 1900
  • Automatically Close On Close Date: No
  • Remarks Public: 3 unit multi-property. 1st floor is a 2 bedroom walkthrough with a second entrance in the rear opening onto a paved courtyard paying $700 month to month. Unit 2 is a private 2 bedroom with a long-term tenant paying $750 month o month. Unit 3 is a 2nd-floor efficiency accessed by stairs in the rear of the building. It also has a private 2nd-floor patio area and pays $550 month to month. All Units pay for their own electricity along with hot water. The efficiency is electric heat while the other 2 units are serviced by a gas boiler paid for by the owner. The water for all units is also sub-metered to allow for keeping track of users. There is a garage in the rear with electricity that is being used by the owner. This is a quality building that has been well maintained. The gross income is $24,000, expenses are $8,730 and Net Income is $15,270
  • Special Features: None

Interior Features

  • Fireplace: No
  • Foundation Details: Brick/Mortar
  • Basement: Yes
  • Basement Type: Full
  • Total Sq Ft: 1856
  • Living Area Sq Ft: 1856
  • Price Per Sq Ft: 115.79
  • Above Grade Finished Sq Ft: 1856
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 1014

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Brick
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Type Of Parking: On Street

Utilities

  • Central Air Conditioning: No
  • Cooling Fuel: Electric
  • Heating Fuel: Oil
  • Heating Type: Forced Air
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Schools

  • School District: READING
  • High School: READING SENIOR
  • School District Key: 300200397169
  • School District Source: Listing Agent
  • High School: READING SENIOR

Green Features

  • Clean Green Assessed: No

Lot Info

  • Improvement Assessed Value: 30700.00
  • Land Assessed Value: 13400.00
  • Land Use Code: 138R
  • Lot Size Acres: 0.03
  • Lot Dimensions: 0.00 x 0.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 1306.00
  • Year Assessed: 2022
  • Zoning: MULTI

Rental Info

  • Units Leased Count: 3
  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 1452245
  • School Tax: 791.00
  • Tax Annual Amount: 1928.00
  • Assessor Parcel Number: 13-5317-45-05-4885
  • Tax Lot: 4885
  • Tax Total Finished Sq Ft: 1856
  • County Tax Payment Frequency: Annually
  • Tax Year: 2022
  • Close Date: 10/18/2022

Multi Family

  • Other Units: Unit 1,Unit 2,Unit 3

MLS Schools

  • School District Name: READING

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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
03/23/2025 03/23/25 Rented $875 -7.9% --
03/20/2025 03/20/25 Off Market $950 -- --
12/02/2024 12/02/24 For Rent $950 +35.7% --
02/03/2023 02/03/23 Rented $700 -6.7% --
12/14/2022 12/14/22 For Rent $750 0.0% --
10/18/2022 10/18/22 Sold $209,000 -2.7% $113 / Sq Ft
08/16/2022 08/16/22 Pending -- -- --
08/03/2022 08/03/22 For Sale $214,900 +726.5% $116 / Sq Ft
11/17/2014 11/17/14 Sold $26,000 -25.5% $14 / Sq Ft
10/27/2014 10/27/14 Pending -- -- --
07/11/2014 07/11/14 For Sale $34,900 -- $19 / Sq Ft
Source: Bright MLS

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: PABK2019776

Bright MLS

APN: 5317-45-05-4885