110 S 4th St Reading, PA 19602

Listing Details

• Property Type: Multi-Family
• Property Sub Type: Triplex
• Structure Type: Detached
• Ownership: Fee Simple
• New Construction: No
• Other Expense: 9980.00
• Year Built: 1900
• Remarks Public: Well maintained 3 unit apartment building is looking for a new owner. This property has been meticulously maintained by the current owner, a former occupant of one of the apartment units. True pride of ownership is evident throughout. The property features 3 apartment units which are well maintained. The quality of the units helps with the low tenant turnover and high tenant loyalty you would expect in a quality building. A key amenity, not usually available in a city apartment building, is its own off street parking for 4 cars. There is a separate, much in-demand 3 car garage (needing refurbishment) which could provide extra income. Tenants pay electric; landlord pays water, sewer, trash and heat. Because the heat is included we feel the rents are low for the area for this quality of housing product. Increasing rents plus renovating the garage and adding laundry service provide a realistic value add opportunity to this well positioned, cash flowing property.
• Special Features: None

Interior Features

• Fireplace: No
• Room List: Primary Bedroom
• Basement: Yes
• Basement Type: Full
• Total Sq Ft: 3424
• Living Area Sq Ft: 3424
• Price Per Sq Ft: 36.51
• Above Grade Finished Sq Ft: 3424
• Above Grade Finished Area Units: Square Feet
• Street Number Modifier: 110

Exterior Features

• Other Structures: Above 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
• Open Parking Spaces Count: 4
• Total Garage And Parking Spaces: 7

Utilities

• Central Air Conditioning: No
• Cooling Type: Wall Unit
• Cooling: Yes
• 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

Schools

• School District: READING
• School District Key: 300200397169

Lot Info

• Improvement Assessed Value: 72200.00
• Land Assessed Value: 9500.00
• Land Use Code: 138R
• Lot Size Acres: 0.12
• Lot Dimensions: IRREGULAR
• Lot Size Units: Square Feet
• Lot Sq Ft: 5227.00
• Property Attached Yn: Yes
• Zoning: R3

Rental Info

• Vacation Rental: No

Multi Family

• Gross Income: 22800.00
• Other Units: Unit 1,Unit 2,Unit 3

Tax Info

• Assessor Parcel Number: 1443196
• Tax Annual Amount: 3512.00
• Assessor Parcel Number: 05-5306-26-79-1477
• Tax Lot: 1477
• Tax Year: 2017
• Close Date: 05/15/2017

MLS Schools

• School District Name: READING