NOT LISTED FOR SALE
Studio
3 Baths
3,424 Sq Ft
5,227 Sq Ft Lot

Last Sold December 17, 2020

Last sale price $127,000 $37 Per Sq Ft

Highlights

  • 0.12 Acre Lot
  • Wood Flooring
  • Cooling System Mounted In Outer Wall Opening
  • Traditional Architecture
  • No HOA
  • Forced Air Heating System

About This Home

As of December 2020

Well maintained 3 unit building, is waiting for its new owner. The property features 3 apartment units, each tenant paying their own gas and electric bill. The key amenity, not usually available in city apartment buildings is off street parking for 4 cars. There is a separate, much in demand 3 car garage ( needing refurbishment) which could provide extra income. Land lord pays water, sewer, trash and heat.

Last Agent to Sell the Property

Linda Novotny

(484) 498-4000 lsnovotny5@gmail.com Springer Realty Group License #RS286288 Listed on: 11/11/2020

Springer Realty Group

Last Buyer's Agent

Linda Novotny

(484) 498-4000 lsnovotny5@gmail.com Springer Realty Group License #RS286288 Listed on: 11/11/2020

Springer Realty Group

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1900

Lot Details

  • 5,227 Sq Ft Lot
  • Property is in good condition

Home Design

  • Triplex
  • Traditional Architecture
  • Flat Roof Shape
  • Brick Exterior Construction
  • Stone Foundation
  • Plaster Walls

Interior Spaces

  • 3,424 Sq Ft Home
  • Basement Fills Entire Space Under The House

Flooring

  • Wood
  • Carpet
  • Vinyl

Parking

  • 4 Parking Spaces
  • 4 Off-Street Spaces

Schools

  • Reading Senior High School

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Above Ground Utilities
  • Natural Gas Water Heater

Listing and Financial Details

  • The owner pays for water, sewer
  • Tax Lot 1477
  • Assessor Parcel Number 05-5306-26-79-1477

Community Details

Overview

  • No Home Owners Association
  • 3 Units
  • 3-Story Building
  • Reading Subdivision

Building Details

  • Income includes apartment rentals
  • Operating Expense $2,940

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: Detached
  • Architectural Style: Traditional
  • Ownership: Fee Simple
  • Exclusions: washer, dryer and tenants personal property
  • Historic: No
  • Home Warranty: No
  • Inclusions: 3 stoves and 3 refrigerators
  • New Construction: No
  • Expected On Market: 2020-11-11
  • Year Built: 1900
  • Automatically Close On Close Date: Yes
  • Building Winterized: No
  • Special Features: None

Interior Features

  • Flooring Type: Carpet, Hardwood, Vinyl
  • Fireplace: No
  • Wall Ceiling Types: Plaster Walls
  • Foundation Details: Stone
  • Basement: Yes
  • Basement Type: Full
  • Total Sq Ft: 3424
  • Living Area Sq Ft: 3424
  • Price Per Sq Ft: 43.78
  • Above Grade Finished Sq Ft: 3424
  • Above Grade Finished Area Units: Square Feet

Exterior Features

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

Garage/Parking

  • Garage: No
  • Parking Features: Concrete Driveway
  • Total Garage And Parking Spaces: 4
  • Type Of Parking: Off Street
  • Off Street Parking Spaces: 4

Utilities

  • Central Air Conditioning: No
  • Cooling Fuel: Electric
  • Cooling Type: Wall Unit
  • Heating Fuel: Natural Gas
  • Heating Type: Forced Air
  • Heating: Yes
  • Hot Water: Electric, Natural Gas
  • Sewer/Septic System: Public Sewer
  • Utilities: Above Ground, Electric Available, Natural Gas Available, Sewer Available, Water Available
  • Water Previous Twelve Months: 2940.00
  • Water Source: Public
  • Municipal Trash: No

Condo/Co-op/Association

  • HOA: No
  • Association Recreation Fee: No

Schools

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

Green Features

  • Clean Green Assessed: No

Lot Info

  • Improvement Assessed Value: 72200.00
  • Land Assessed Value: 9500.00
  • Lot Size Acres: 0.12
  • Lot Dimensions: 0.00 x 0.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 5227.00
  • Property Condition: Good
  • Zoning: RESIDENTIAL
  • Zoning Description: Residential

Rental Info

  • Existing Lease Type: Month To Month
  • Ground Rent Exists: No
  • Number Of Units Month To Month: 3
  • Owner Pays: Water, Sewer
  • Rent Control: No
  • Total Actual Rent: 24600.00
  • Units Furnished: All
  • Units Leased Count: 3
  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 1443196
  • School Tax: 1465.00
  • Tax Annual Amount: 3536.00
  • Assessor Parcel Number: 05-5306-26-79-1477
  • Tax Lot: 1477
  • County Tax Payment Frequency: Annually
  • Tax Year: 2020

Multi Family

  • Income Includes: Apartment Rentals
  • Operating Expense: 2940.00

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 Prior Sale
12/17/2020 12/17/20 Sold $127,000 -15.3% $37 / Sq Ft
11/11/2020 11/11/20 Pending -- -- --
11/11/2020 11/11/20 For Sale $149,900 +19.9% $44 / Sq Ft
05/15/2017 05/15/17 Sold $125,000 0.0% $37 / Sq Ft View Prior Sale
03/27/2017 03/27/17 Pending -- -- --
01/19/2017 01/19/17 For Sale $125,000 -- $37 / 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 $2,218 $81,700 $9,500 $72,200
2024 $3,628 $81,700 $9,500 $72,200
2023 $3,572 $81,700 $9,500 $72,200
2022 $3,572 $81,700 $9,500 $72,200
2021 $3,572 $81,700 $9,500 $72,200
2020 $3,536 $81,700 $9,500 $72,200
2019 $3,536 $81,700 $9,500 $72,200
2018 $3,536 $81,700 $9,500 $72,200
2017 $3,512 $81,700 $9,500 $72,200
2016 $2,007 $81,700 $9,500 $72,200
2015 $2,007 $81,700 $9,500 $72,200
2014 $1,846 $81,700 $9,500 $72,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: PABK366374

Bright MLS

APN: 5306-26-79-1477