$185,000
SOLD APR 30, 2024
-- Bed
-- Bath
1,990 Sq Ft
1,742 Sq Ft Lot

Recently Sold

$93 Per Sq Ft

10% Below List Price

50 Days on Market

About This Home

As of April 2024

Welcome to 1119 N 9th St! Introducing this excellent investment opportunity - a multi-unit building with two units available for sale. This multi-unit building consists of two apartments, providing a total of five bedrooms. The first floor, which is currently rented at $950/month, features a recently remodeled one-bedroom apartment, offering a modern and attractive living space. The second floor apartment boasts four bedrooms and is currently occupied by a long-term tenant on a month-to-month lease who pays $1200/month. A significant advantage of this property is that each unit has its own electric heat. This allows for individual control and efficient use of energy resources, while also minimizing expenses for the owner. Included with this property is private parking for two vehicles. Don't miss out on this opportunity to secure a profitable investment. Contact us today to learn more and schedule a viewing. Our dedicated team is ready to assist you in acquiring this excellent multi-unit property.

Last Agent to Sell the Property

Jose Manzueta

Iron Valley Real Estate of Berks Listed on: 02/05/2024

Iron Valley Real Estate of Berks

Co-Listed By

Lourdes Gonzalez-Nieves

Iron Valley Real Estate of Berks License #RS356829

Last Buyer's Agent

Jose Espinal Gil

Coldwell Banker Realty License #RS360737

Coldwell Banker Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,792

Year Built

  • Built in 1910

Lot Details

  • 1,742 Sq Ft Lot

Home Design

  • 1,990 Sq Ft Home
  • Duplex
  • Traditional Architecture
  • Brick Exterior Construction
  • Concrete Perimeter Foundation

Parking

  • 2 Parking Spaces
  • 2 Driveway Spaces

Utilities

  • Electric Baseboard Heater
  • Electric Water Heater

Community Details

  • 2 Units

Listing and Financial Details

  • The owner pays for sewer, trash collection, water
  • Tax Lot 1402
  • Assessor Parcel Number 13-5317-37-06-1402

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,792

Year Built

Built in 1910

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Property Sub Type: Duplex
  • Structure Type: Interior Row/Townhouse
  • Architectural Style: Traditional
  • Ownership: Fee Simple
  • Inclusions: 1 Refrigerator and 2 stoves in as is condition
  • New Construction: No
  • Expected On Market: 2024-02-05
  • Year Built: 1910
  • Automatically Close On Close Date: No
  • Remarks Public: Welcome to 1119 N 9th St! Introducing this excellent investment opportunity - a multi-unit building with two units available for sale. This multi-unit building consists of two apartments, providing a total of five bedrooms. The first floor, which is currently rented at $950/month, features a recently remodeled one-bedroom apartment, offering a modern and attractive living space. The second floor apartment boasts four bedrooms and is currently occupied by a long-term tenant on a month-to-month lease who pays $1200/month. A significant advantage of this property is that each unit has its own electric heat. This allows for individual control and efficient use of energy resources, while also minimizing expenses for the owner. Included with this property is private parking for two vehicles. Don't miss out on this opportunity to secure a profitable investment. Contact us today to learn more and schedule a viewing. Our dedicated team is ready to assist you in acquiring this excellent multi-unit property.
  • Special Features: None

Interior Features

  • Fireplace: No
  • Foundation Details: Concrete Perimeter
  • Total Sq Ft: 1990
  • Living Area Sq Ft: 1990
  • Price Per Sq Ft: 100.00
  • Above Grade Finished Sq Ft: 1990
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 1119

Exterior Features

  • Other Structures: Above Grade, Below 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
  • Total Garage And Parking Spaces: 2
  • Type Of Parking: Driveway
  • Number of Spaces in Driveway: 2

Utilities

  • Central Air Conditioning: No
  • Heating Fuel: Electric
  • Heating Type: Baseboard - Electric
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Schools

  • School District: READING
  • School District Key: 300200397169
  • School District Source: Listing Agent

Lot Info

  • Land Use Code: 138R
  • Lot Size Acres: 0.04
  • Lot Dimensions: 0.00 x 0.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 1742.00
  • Year Assessed: 2023
  • Zoning: RES

Rental Info

  • Existing Lease Type: Month To Month, Yearly
  • Owner Pays: Sewer, Trash Collection, Water
  • Rent Control: No
  • Units Leased Count: 2
  • Vacation Rental: No

Tax Info

  • School Tax: 735.00
  • Tax Annual Amount: 1792.00
  • Assessor Parcel Number: 13-5317-37-06-1402
  • Tax Lot: 1402
  • Tax Total Finished Sq Ft: 1990
  • County Tax Payment Frequency: Annually
  • Tax Year: 2022
  • Close Date: 04/30/2024

Multi Family

  • Other Units: Unit 1,Unit 2

MLS Schools

  • School District Name: READING

Similar Homes in Reading, PA

  • 526 Walnut St, Reading, PA 19601

    $215,000

    • Studio
    • 526 Walnut St
    • Reading, PA

    Lots Potential Here! Come take a look at this well kept 2 unit. Featuring a commercial space on the first level with its own central air, bathroom, freshly painted, and new flooring, with additional space to finish on the lower level. The second unit is vacant with a 3 bedroom apartment. Schedule your showing today.

    David Baez EXP Realty, LLC

    Section Image
  • 153 Walnut St, Reading, PA 19601

    $189,900

    • Studio
    • 2,130 Sq Ft
    • 153 Walnut St
    • Reading, PA

    OPPORTUNITY ALERT- Welcome to this wonderful Duplex with around 85% of the job done already. Very low property taxes and with the right final touches, investor can collect an excellent monthly rent and get a spectacular CASH FLOW, because each apartment consist of three (3) bedrooms each one, and right now section 8 is paying around $1,750.00, that could mean a potential gross annual income of

    HERNAN DELGADO Iron Valley Real Estate of Berks

    Section Image
  • 120 W Elm St, Reading, PA 19601

    $180,000

    • Studio
    • 1,080 Sq Ft
    • 120 W Elm St
    • Reading, PA

    Sellers are very motivated. Welcome to this multifamily property. Live in one apartment and collect rent from the second one. This duplex offers two (2) units, each one with one bedroom. First floor apartment is vacant. Second floor unit is rented at $850 monthly. Each unit pay their electric heat and electric bill. Both apartments are in very good condition and the vacant one was remodeled

    HERNAN DELGADO Iron Valley Real Estate of Berks

    Section Image
  • 820 Franklin St, Reading, PA 19602

    $150,000

    • Studio
    • 1,993 Sq Ft
    • 820 Franklin St
    • Reading, PA

    Investor special! This spacious property at 820 Franklin St offers approximately 2,000 square feet of renovation potential with 5 to 6 bedrooms and space to accommodate 2 to 3 bathrooms. With its generous layout, the property is well-suited as a single family residence or even conversion into a multi-unit dwelling or a rooming house—subject to city zoning and building permit approvals. Electric

    Jimmy Thelusca Pagoda Realty

    Section Image

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
04/30/2024 04/30/24 Sold $185,000 -7.0% $93 / Sq Ft
03/27/2024 03/27/24 Pending -- -- --
03/25/2024 03/25/24 Price Changed $199,000 -2.9% $100 / Sq Ft
02/05/2024 02/05/24 For Sale $205,000 +48.6% $103 / Sq Ft
12/31/2021 12/31/21 Sold $138,000 -4.8% $69 / Sq Ft
11/05/2021 11/05/21 Pending -- -- --
10/29/2021 10/29/21 For Sale $145,000 -- $73 / Sq Ft
Source: Bright MLS

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
  • Section Image
  • Section Image
See All Agents

Map

Source: Bright MLS

MLS Number: PABK2039298

Bright MLS

APN: 5317-37-06-1402