NOT LISTED FOR SALE
Studio
3 Baths
1,742 Sq Ft
1,307 Sq Ft Lot

Last Sold September 01, 2017

Last sale price $70,000 $40 Per Sq Ft

3 Days on Market

About This Home

As of September 2017

Investors, come and see this well-maintained multifamily, 3 -unit property. First and second floor units each contain 2 bedrooms, full size kitchen and 1 full bath. The 3rd floor unit is a one bedroom. Current owner has maintained the property, including replacing electrical boxes for all units, new hot water heaters, and brand new furnace. Oil heat converted to gas heat in early part of 2016. Fresh paint throughout. Most doors are new. Very clean. The second floor unit has a balcony off the back bedroom the tenants use for grilling out/entertaining. All units are currently tenant occupied and owner has leases. There is a 1 car garage that has been recently updated. Potential for additional monthly income. Property received a clear Certificate of Occupancy in 2016. Close to schools. This is a great investment opportunity.

Last Agent to Sell the Property

Diana Ortiz

(888) 397-7352 pa.broker@exprealty.net EXP Realty, LLC Listed on: 08/18/2017

EXP Realty, LLC

Last Buyer's Agent

Carolyn Ilg

(610) 372-3200 Cilg@homesale.com BHHS Homesale Realty- Reading Berks

BHHS Homesale Realty- Reading Berks

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1920

Lot Details

  • 1,307 Sq Ft Lot

Home Design

  • Brick Exterior Construction
  • Stone Siding

Interior Spaces

  • 1,742 Sq Ft Home
  • Basement Fills Entire Space Under The House

Parking

  • 1 Open Parking Space
  • 2 Parking Spaces

Utilities

  • Heating System Uses Gas
  • Heating System Uses Natural Gas
  • Natural Gas Water Heater

Listing and Financial Details

  • Tax Lot 7940
  • Assessor Parcel Number 13-5317-46-15-7940

Community Details

Overview

  • No Home Owners Association
  • Reading Subdivision

Building Details

  • Operating Expense $1,956

Property Details

Home Type

Multi-Family

Year Built

Built in 1920

Lot Details

1,307 Sq Ft Lot

Listing Details

  • Property Type: Multi-Family
  • Structure Type: Interior Row/Townhouse
  • Ownership: Fee Simple
  • New Construction: No
  • Year Built: 1920
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: No
  • Room List: Primary Bedroom
  • Basement: Yes
  • Basement Type: Full
  • Total Sq Ft: 1742
  • Living Area Sq Ft: 1742
  • Price Per Sq Ft: 40.18
  • Above Grade Finished Sq Ft: 1742
  • Above Grade Finished Area Units: Square Feet

Exterior Features

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

Garage/Parking

  • Garage: No
  • Open Parking Spaces Count: 1
  • Total Garage And Parking Spaces: 2

Utilities

  • Central Air Conditioning: No
  • Heating Fuel: Natural Gas
  • Heating Type: Gas
  • Heating: Yes
  • Hot Water: Natural Gas
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Condo Co-Op Association: No
  • HOA: No

Lot Info

  • Improvement Assessed Value: 30500.00
  • Land Assessed Value: 15000.00
  • Lot Size Acres: 0.03
  • Lot Dimensions: 7940
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 1307.00
  • Zoning: RES

Rental Info

  • Vacation Rental: No

Multi Family

  • Other Units: Unit 1,Unit 2,Unit 3

Tax Info

  • Assessor Parcel Number: 1452808
  • Tax Annual Amount: 1956.00
  • Assessor Parcel Number: 13-5317-46-15-7940
  • Tax Lot: 7940
  • Tax Year: 2017

MLS Schools

  • School District Name: READING
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
09/01/2017 09/01/17 Sold $70,000 0.0% $40 / Sq Ft
08/21/2017 08/21/17 Pending -- -- --
08/18/2017 08/18/17 For Sale $70,000 +133.3% $40 / Sq Ft
01/22/2016 01/22/16 Sold $30,000 +0.3% $17 / Sq Ft View Prior Sale
12/23/2015 12/23/15 Pending -- -- --
12/10/2015 12/10/15 For Sale $29,900 -- $17 / Sq Ft
Source: Bright MLS

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 $1,235 $45,500 $15,000 $30,500
2024 $2,020 $45,500 $15,000 $30,500
2023 $1,989 $45,500 $15,000 $30,500
2022 $1,989 $45,500 $15,000 $30,500
2021 $1,989 $45,500 $15,000 $30,500
2020 $1,969 $45,500 $15,000 $30,500
2019 $1,969 $45,500 $15,000 $30,500
2018 $1,969 $45,500 $15,000 $30,500
2017 $1,956 $45,500 $15,000 $30,500
2016 $816 $45,500 $15,000 $30,500
2015 $1,117 $45,500 $15,000 $30,500
2014 $1,028 $45,500 $15,000 $30,500
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
  • Section Image
See All Agents

Map

Source: Bright MLS

MLS Number: 1003658425

Bright MLS

APN: 5317-46-15-7940

Your Personal Tour Guide

Ask me questions while you tour the home.