NOT LISTED FOR SALE
-- Bed
4 Baths
2,270 Sq Ft
2,178 Sq Ft Lot

Last Sold December 21, 2012

Last sale price $22,000 $10 Per Sq Ft

106 Days on Market

Highlights

  • No HOA
  • En-Suite Primary Bedroom
  • Hot Water Heating System
  • Tile or Brick Flooring

About This Home

As of December 2012

Very large downtown Reading 3 unit residential end unit building in good condition overall and producing excellent income. 17% Cap Rate! Unit 1- 1st floor, 4 rooms, 2 BR'S, $525/Month. Unit 2- 2 story- 2nd & 3rd floor front, 4 rooms, 2 BR'S, 1.5 baths, large modern ceramic tiled kitchen floor & back-splash, $575/Month. Unit 3-2nd floor rear, 2 rooms, efficiency unit, $395/Month. 1 oil boiler, 2 gas, & 1 electric water. Hardwired smoke detectors, 200 AMP Electric Main and 4-100 AMP individual breaker panels. Large fenced yard. Easy walking to schools, shopping, transportation & all downtown area has to offer. Good solid money making building professionally managed by Shirley Lord Real Estate. A must have property for your investment portfolio!

Last Listed By

Jose Candelaria

RE/MAX Of Reading License #RS193774L Listed on: 08/24/2012

RE/MAX Of Reading

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1900

Lot Details

  • 2,178 Sq Ft Lot
  • Property is in good condition

Parking

  • On-Street Parking

Home Design

  • Triplex
  • Converted Dwelling
  • Brick Exterior Construction
  • Stone Foundation
  • Pitched Roof
  • Stucco

Interior Spaces

  • En-Suite Primary Bedroom
  • 2,270 Sq Ft Home
  • Unfinished Basement
  • Basement Fills Entire Space Under The House

Flooring

  • Wall to Wall Carpet
  • Tile or Brick
  • Vinyl

Schools

  • Reading Senior High School

Utilities

  • Heating System Uses Oil
  • Hot Water Heating System
  • 200+ Amp Service
  • Electric Water Heater
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 8550
  • Assessor Parcel Number 05-5306-26-69-8550

Community Details

Overview

  • No Home Owners Association

Building Details

  • Electric Expense $180
  • Insurance Expense $900
  • Other Expense $980
  • Operating Expense $7,741

Property Details

Home Type

Multi-Family

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Property Sub Type: Triplex
  • Structure Type: Row/Townhouse
  • Architectural Style: Converted Dwelling
  • Ownership: Fee Simple
  • Inclusions: 3 Range/Ovens, 3 Refrigerators
  • New Construction: No
  • Other Expense: 980.00
  • Year Built: 1900
  • Special Features: None

Interior Features

  • Flooring Type: Fully Carpeted, Vinyl, Tile/Brick
  • Fireplace: No
  • Entry Location: Foyer
  • Foundation Details: Stone
  • Room List: Master Bedroom
  • Basement: Yes
  • Basement Type: Full, Unfinished
  • Total Sq Ft: 2270
  • Living Area Sq Ft: 2270
  • Price Per Sq Ft: 21.98
  • Above Grade Finished Sq Ft: 2270
  • Above Grade Finished Area Units: Square Feet

Exterior Features

  • Other Structures: Above Grade
  • Construction Materials: Stucco, Brick
  • Construction Completed: No
  • Exterior Features: Sidewalks, Street Lights
  • Roof: Pitched
  • 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: 3200.00
  • Central Air Conditioning: No
  • Electric Expense: 180.00
  • Electric Service: 200+ Amp Service, Circuit Breakers
  • Heating Fuel: Oil
  • Heating Type: Oil, Hot Water
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Public Sewer
  • Utilities: Cable Tv Available
  • Water Sewer Expenses: 1440.00
  • Water Source: Public

Condo/Co-op/Association

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

Schools

  • School District: READING
  • High School: READING SENIOR
  • School District Key: 300200397169
  • High School: READING SENIOR

Lot Info

  • Improvement Assessed Value: 18800.00
  • Land Assessed Value: 8800.00
  • Land Use Code: 133R
  • Lot Size Acres: 0.05
  • Lot Dimensions: IRREGULAR
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 2178.00
  • Property Condition: Good
  • Zoning: R-3

Rental Info

  • Vacation Rental: No

Multi Family

  • Gross Income: 17940.00
  • Other Units: Unit 1,Unit 2,Unit 3
  • Single Room Units Count: 1

Tax Info

  • Assessor Parcel Number: 1443079
  • Tax Annual Amount: 1041.00
  • Assessor Parcel Number: 05-5306-26-69-8550
  • Tax Lot: 8550
  • Tax Year: 2012
  • Close Date: 12/21/2012

Range of Values:

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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
12/21/2012 12/21/12 Sold $22,000 -63.3% $10 / Sq Ft
12/08/2012 12/08/12 Pending -- -- --
08/24/2012 08/24/12 For Sale $59,900 -- $26 / 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: 1004077886

Bright MLS

APN: 5306-26-69-8550