NOT LISTED FOR SALE
-- Bed
-- Bath
-- Sq Ft
1,742 Sq Ft Lot

Last Sold July 16, 2021

Last sale price $435,000

35 Days on Market

Highlights

  • Traditional Architecture
  • Corner Lot
  • Wood Frame Window
  • Wood Flooring
  • No HOA
  • 2 Car Attached Garage

About This Home

As of July 2021

Fully occupied 10 Unit Apartment Building in the North Side of Reading, 9 Apartments along with an attached Garage. Tenants pay rent, heat and electric. Owner pays common area electric, gas, water, trash and insurance. Cash Flowing Investment Property!! Leases are on hand and to be provided upon receipt of a reasonable offer. Please schedule your showing today!

Last Agent to Sell the Property

Jimmy Thelusca

(973) 666-1188 jthelusca@pagodarpm.com Pagoda Realty License #RS333622 Listed on: 04/28/2021

Pagoda Realty

Last Buyer's Agent

David Baez

(484) 824-8874 david@brgpa.com EXP Realty, LLC

EXP Realty, LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,907

Year Built

  • Built in 1910

Lot Details

  • 1,742 Sq Ft Lot
  • Corner Lot
  • Property is in average condition

Parking

  • 2 Car Attached Garage
  • Free Parking
  • Front Facing Garage

Home Design

  • Traditional Architecture
  • Brick Exterior Construction
  • Shingle Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • Wood Frame Window
  • Gas Oven or Range
  • Unfinished Basement

Flooring

  • Wood
  • Carpet

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Utilities

  • Electric Baseboard Heater
  • 200+ Amp Service
  • 60+ Gallon Tank
  • Public Septic

Additional Features

  • More Than Two Accessible Exits
  • Exterior Lighting

Listing and Financial Details

  • Tax Lot 1049
  • Assessor Parcel Number 11-5317-61-13-1049

Community Details

Overview

  • No Home Owners Association
  • 4 Units

Building Details

  • Insurance Expense $3,000
  • Maintenance Expense $2,000
  • Trash Expense $1,000
  • Operating Expense $9,000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,907

Year Built

Built in 1910

Lot Details

0

Parking

2

Listing Details

  • Property Type: Multi-Family
  • Architectural Style: Traditional
  • Accessibility Features: 2+ Access Exits
  • Ownership: Fee Simple
  • New Construction: No
  • Year Built: 1910
  • Automatically Close On Close Date: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Oven/Range - Gas, Refrigerator
  • Flooring Type: Carpet, Wood
  • Window Features: Wood Frame
  • Fireplace: No
  • Wall Ceiling Types: Dry Wall
  • Foundation Details: Concrete Perimeter
  • Basement: Yes
  • Basement Type: Unfinished
  • Above Grade Finished Area Units: Square Feet

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Other Structures List: Garage(s)
  • Construction Materials: Brick
  • Exterior Features: Exterior Lighting, Street Lights
  • Road Surface Type: Black Top
  • Roof: Shingle
  • Spa: No
  • View: Street
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage Spaces: 2.00
  • Garage: Yes
  • Parking Features: Free
  • Garage Features: Garage - Front Entry
  • Attached Garage Spaces: 2
  • Total Garage And Parking Spaces: 2
  • Type Of Parking: Attached Garage

Utilities

  • Central Air Conditioning: No
  • Electric Service: 200+ Amp Service
  • Heating Fuel: Electric, Natural Gas
  • Heating Type: Baseboard - Electric
  • Heating: Yes
  • Hot Water: 60+ Gallon Tank
  • Security: Carbon Monoxide Detector(s), Smoke Detector
  • Sewer/Septic System: Public Sewer, Public Septic
  • Utilities: Electric Available, Natural Gas Available, Sewer Available, Water Available
  • Water Source: Public

Condo/Co-op/Association

  • HOA: No

Schools

  • School District Source: Listing Agent

Green Features

  • Clean Green Assessed: No

Lot Info

  • Improvement Assessed Value: 56500.00
  • Land Assessed Value: 10000.00
  • Lot Size Acres: 0.04
  • Lot Dimensions: 0.00 x 0.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 1742.00
  • Property Condition: Average
  • Soil Types: Unknown
  • Zoning: COMMERCIAL

Rental Info

  • Number Of Units Month To Month: 8
  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 1449222
  • School Tax: 1192.00
  • Tax Annual Amount: 2907.00
  • Assessor Parcel Number: 11-5317-61-13-1049
  • Tax Lot: 1049
  • County Tax Payment Frequency: Annually
  • Tax Year: 2020

Multi Family

  • Operating Expense: 9000.00
  • Other Units: Unit 1,Unit 2,Unit 4,Unit 5,Unit 8,Unit 3,Unit 6,Unit 7,Unit 9,Unit 10

MLS Schools

  • School District Name: READING

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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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
07/16/2021 07/16/21 Sold $435,000 -13.9% --
06/02/2021 06/02/21 Pending -- -- --
04/28/2021 04/28/21 For Sale $505,000 -- --
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: PABK376750

Bright MLS