NOT LISTED FOR SALE
Studio
3 Baths
2,532 Sq Ft
1,742 Sq Ft Lot

Last Sold March 05, 2016

Last sale price $38,000 $15 Per Sq Ft

614 Days on Market

Highlights

  • No HOA
  • Forced Air Heating System
  • Vinyl Flooring

About This Home

As of March 2016

Excellent cash flow, Tenants pay their own electric and gas. This fantastic 3 unit apartment is a great investment. Owner having separate heating units installed with full price offer. Don't miss your chance to have positive cash flow with this great investment! Code Inspection by City of Reading completed 2014. Seller Disclosure is completed.

Last Agent to Sell the Property

Suzi Ford

(484) 498-4000 suziford@cs.com Springer Realty Group License #RS228124L Listed on: 06/04/2014

Springer Realty Group

Last Buyer's Agent

Matthew Stauffer

(610) 372-0212 urestrive212@gmail.com United Real Estate Strive 212

United Real Estate Strive 212

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1905

Lot Details

  • 1,742 Sq Ft Lot
  • Property is in good condition

Parking

  • On-Street Parking

Home Design

  • Triplex
  • Flat Roof Shape
  • Brick Exterior Construction
  • Concrete Perimeter Foundation

Interior Spaces

  • 2,532 Sq Ft Home
  • Unfinished Basement
  • Basement Fills Entire Space Under The House

Flooring

  • Laminate
  • Vinyl

Schools

  • Reading Senior High School

Utilities

  • Forced Air Heating System
  • Heating System Uses Oil
  • 100 Amp Service
  • Natural Gas Water Heater

Listing and Financial Details

  • Tax Lot 7183
  • Assessor Parcel Number 03-5316-21-09-7183

Community Details

Overview

  • No Home Owners Association

Building Details

  • Insurance Expense $750
  • Other Expense $100
  • Operating Expense $5,293

Property Details

Home Type

Multi-Family

Year Built

Built in 1905

Lot Details

1,742 Sq Ft Lot

Listing Details

  • Property Type: Multi-Family
  • Property Sub Type: Triplex
  • Structure Type: Interior Row/Townhouse
  • Ownership: Fee Simple
  • New Construction: No
  • Other Expense: 100.00
  • Year Built: 1905
  • Special Features: None

Interior Features

  • Flooring Type: Vinyl, Laminated
  • Fireplace: No
  • Entry Location: Foyer
  • Foundation Details: Concrete Perimeter
  • Room List: Primary Bedroom
  • Basement: Yes
  • Basement Type: Full, Unfinished
  • Total Sq Ft: 2532
  • Living Area Sq Ft: 2532
  • Price Per Sq Ft: 17.58
  • Above Grade Finished Sq Ft: 2532
  • Above Grade Finished Area Units: Square Feet

Exterior Features

  • Other Structures: Above Grade
  • Construction Materials: Brick
  • Construction Completed: No
  • Exterior Features: Sidewalks, Street Lights
  • Roof: Flat
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Parking Features: Street
  • Type Of Parking: On Street

Utilities

  • Annual Heating Expense: 1000.00
  • Central Air Conditioning: No
  • Electric Service: 100 Amp Service
  • Heating Fuel: Oil
  • Heating Type: Oil, Forced Air
  • Heating: Yes
  • Hot Water: Natural Gas
  • Sewer/Septic System: Public Sewer
  • Water Sewer Expenses: 1800.00
  • Water Source: Public

Condo/Co-op/Association

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

Schools

  • High School: READING SENIOR

Lot Info

  • Improvement Assessed Value: 32900.00
  • Land Assessed Value: 7700.00
  • Lot Size Acres: 0.04
  • Lot Dimensions: IRRG
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 1742.00
  • Property Condition: Good
  • Zoning: RES

Rental Info

  • Vacation Rental: No

Multi Family

  • Gross Income: 17220.00
  • Other Units: Unit 1,Unit 2,Unit 3

Tax Info

  • Assessor Parcel Number: 1442111
  • Tax Annual Amount: 1724.00
  • Assessor Parcel Number: 03-5316-21-09-7183
  • Tax Lot: 7183
  • Tax Year: 2016

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 List to Sale Price per Sq Ft
03/05/2016 03/05/16 Sold $38,000 -30.9% $15 / Sq Ft
02/08/2016 02/08/16 Pending -- -- --
06/04/2014 06/04/14 For Sale $55,000 -- $22 / 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 $1,102 $40,600 $7,700 $32,900
2024 $1,803 $40,600 $7,700 $32,900
2023 $1,775 $40,600 $7,700 $32,900
2022 $1,775 $40,600 $7,700 $32,900
2021 $1,775 $40,600 $7,700 $32,900
2020 $1,757 $40,600 $7,700 $32,900
2019 $1,757 $40,600 $7,700 $32,900
2018 $1,757 $40,600 $7,700 $32,900
2017 $1,745 $40,600 $7,700 $32,900
2016 $997 $40,600 $7,700 $32,900
2015 $997 $40,600 $7,700 $32,900
2014 $918 $40,600 $7,700 $32,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: 1002956600

Bright MLS

APN: 5316-21-09-7183

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