NOT LISTED FOR SALE
-- Bed
2 Baths
2,053 Sq Ft
4,792 Sq Ft Lot

Last Sold December 15, 2020

Last sale price $140,000 $68 Per Sq Ft

2 Days on Market

Highlights

  • Second Garage
  • 0.11 Acre Lot
  • Corner Lot
  • City View
  • Victorian Architecture
  • 4-minute walk to City Park

About This Home

As of December 2020

Unique multi-unit property with two small apartments on the first floor, and 3 room rentals on the second floor... these three rooms (yes it is a legal rooming house) share a bathroom and kitchen. The owner pays all utilities and tenants get one price for their housing needs! Bonus round... 14 garages! All rents are below current market rates and there is deterred maintenance, so it's a project that already produces a decent income! Showings limited to first floor, common areas and a couple of garages...

Last Agent to Sell the Property

Sean Moretti

Destination Realty LLC Listed on: 10/12/2020

Last Buyer's Agent

Sean Moretti

Destination Realty LLC Listed on: 10/12/2020

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,381

Year Built

  • Built in 1900

Lot Details

  • 4,792 Sq Ft Lot
  • Downtown Location
  • Corner Lot
  • Zero Lot Line
  • Property is in good condition

Parking

  • 14 Car Detached Garage
  • Second Garage

Home Design

  • Triplex
  • Victorian Architecture
  • Brick Exterior Construction

Interior Spaces

  • 2,053 Sq Ft Home
  • City Views
  • Basement Fills Entire Space Under The House

Schools

  • Reading Senior High School

Utilities

  • Heating System Uses Oil
  • Hot Water Heating System
  • 100 Amp Service
  • Electric Water Heater
  • Municipal Trash
  • Phone Available

Listing and Financial Details

  • Tax Lot 4916
  • Assessor Parcel Number 08-5317-77-00-4916

Community Details

Overview

  • No Home Owners Association
  • 2 Units
  • 3-Story Building

Building Details

  • 2 Vacant Units

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,381

Year Built

Built in 1900

Lot Details

0

Parking

14

Listing Details

  • Property Type: Multi-Family
  • Property Sub Type: Triplex
  • Structure Type: End Of Row/Townhouse
  • Architectural Style: Victorian
  • Ownership: Fee Simple
  • Historic: No
  • Home Warranty: No
  • New Construction: No
  • Year Built: 1900
  • Automatically Close On Close Date: Yes
  • Remarks Public: Unique multi-unit property with two small apartments on the first floor, and 3 room rentals on the second floor... these three rooms (yes it is a legal rooming house) share a bathroom and kitchen. The owner pays all utilities and tenants get one price for their housing needs! Bonus round... 14 garages! All rents are below current market rates and there is deterred maintenance, so it's a project that already produces a decent income! Showings limited to first floor, common areas and a couple of garages...
  • Special Features: None

Interior Features

  • Fireplace: No
  • Basement: Yes
  • Basement Type: Full
  • Total Sq Ft: 2053
  • Living Area Sq Ft: 2053
  • Price Per Sq Ft: 68.19
  • Above Grade Finished Sq Ft: 2053
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 112

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Other Structures List: 2nd Garage, Garage(s)
  • Construction Materials: Brick
  • Road Surface Type: Paved, Black Top
  • Spa: No
  • View: City, Street
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage Spaces: 14.00
  • Garage: Yes
  • Number Of Detached Garage Spaces: 14
  • Total Garage And Parking Spaces: 14
  • Type Of Parking: Detached Garage

Utilities

  • Central Air Conditioning: No
  • Cooling Fuel: Electric
  • Electric Service: 100 Amp Service
  • Heating Fuel: Oil
  • Heating Type: Hot Water
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Public Sewer
  • Utilities: Electric Available, Natural Gas Available, Phone Available, Sewer Available, Water Available
  • Water Source: Public
  • Municipal Trash: Yes

Condo/Co-op/Association

  • HOA: No
  • Association Recreation Fee: No

Schools

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

Green Features

  • Clean Green Assessed: No

Lot Info

  • Improvement Assessed Value: 20700.00
  • Land Assessed Value: 11200.00
  • Land Use Code: 133R
  • Lot Features: Corner, Zero Lot Line
  • Lot Size Acres: 0.11
  • Lot Dimensions: 0.00 x 0.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 4792.00
  • Property Condition: Average, Good
  • Soil Types: Unknown
  • Year Assessed: 2020
  • Zoning: R3
  • Zoning Description: medium density residential, this is a conforming property

Rental Info

  • Existing Lease Type: Gross, Month To Month
  • Ground Rent Exists: No
  • Rent Control: No
  • Units Leased Count: 16
  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 1445805
  • School Tax: 572.00
  • School Tax Pymnt Freq: Annually
  • Tax Annual Amount: 1381.00
  • Assessor Parcel Number: 08-5317-77-00-4916
  • Tax Lot: 4916
  • Tax Total Finished Sq Ft: 2053
  • County Tax Payment Frequency: Annually
  • Tax Year: 2020
  • Close Date: 12/15/2020

Multi Family

  • Number Of Units Vacant: 2
  • Single Room Units Count: 3

MLS Schools

  • School District Name: READING

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
12/15/2020 12/15/20 Sold $140,000 0.0% $68 / Sq Ft
10/15/2020 10/15/20 Price Changed $140,000 +1.4% $68 / Sq Ft
10/14/2020 10/14/20 Pending -- -- --
10/12/2020 10/12/20 For Sale $138,000 +31.4% $67 / Sq Ft
03/08/2018 03/08/18 Sold $105,000 0.0% $51 / Sq Ft
01/05/2018 01/05/18 Pending -- -- --
01/05/2018 01/05/18 Off Market $105,000 -- --
11/24/2017 11/24/17 For Sale $109,995 -- $54 / 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: PABK364028

Bright MLS

APN: 5317-77-00-4916