$275,900
SOLD FEB 4, 2025
-- Bed
-- Bath
2,816 Sq Ft
2,178 Sq Ft Lot

Recently Sold

$98 Per Sq Ft

106 Days on Market

Highlights

  • Wood Flooring
  • Hot Water Heating System
  • 4-minute walk to City Park

About This Home

As of February 2025

Investment opportunity in Reading, PA! This 3-unit building offers great rental income potential:
Unit 1: Spacious 3-bedroom apartment
Unit 2: 2-bedroom apartment
Unit 2r: Comfortable 1-bedroom apartment
The property is located in a vibrant neighborhood with easy access to local shops, restaurants, and public transportation. No off-street parking available, but street parking is accessible.
Perfect for investors or those looking to live in one unit while renting the others!

Last Agent to Sell the Property

Ashley Brewer

Skye Real Estate, LLC License #rm424842 Listed on: 09/25/2024

Last Buyer's Agent

Shaina White

Keys & Deeds Realty License #RS351682

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,078

Year Built

  • Built in 1900

Lot Details

  • 2,178 Sq Ft Lot
  • Property is in average condition

Parking

  • On-Street Parking

Home Design

  • 2,816 Sq Ft Home
  • Triplex
  • Flat Roof Shape
  • Brick Exterior Construction
  • Stone Foundation
  • Pitched Roof

Flooring

  • Wood
  • Wall to Wall Carpet
  • Vinyl

Basement

  • Connecting Stairway
  • Exterior Basement Entry

Utilities

  • Cooling System Utilizes Natural Gas
  • Radiator
  • Hot Water Heating System
  • 100 Amp Service
  • Natural Gas Water Heater
  • Municipal Trash

Community Details

  • 3 Units
  • 2 Vacant Units

Listing and Financial Details

  • The owner pays for heat, sewer, water, trash collection, electricity
  • Tax Lot 3831
  • Assessor Parcel Number 09-5317-70-11-3831

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,078

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Property Sub Type: Triplex
  • Structure Type: Interior Row/Townhouse
  • Ownership: Fee Simple
  • Exclusions: Tenant's property.
  • Historic: No
  • Inclusions: All Appliances
  • New Construction: No
  • Expected On Market: 2024-09-25
  • Year Built: 1900
  • Automatically Close On Close Date: No
  • Building Winterized: No
  • Remarks Public: Investment opportunity in Reading, PA! This 3-unit building offers great rental income potential: Unit 1: Spacious 3-bedroom apartment Unit 2: 2-bedroom apartment Unit 2r: Comfortable 1-bedroom apartment The property is located in a vibrant neighborhood with easy access to local shops, restaurants, and public transportation. No off-street parking available, but street parking is accessible. Perfect for investors or those looking to live in one unit while renting the others!
  • Special Features: None

Interior Features

  • Flooring Type: Wood, Fully Carpeted, Vinyl
  • Fireplace: No
  • Foundation Details: Stone
  • Basement: Yes
  • Basement Type: Connecting Stairway, Outside Entrance
  • Total Sq Ft: 2816
  • Living Area Sq Ft: 2816
  • Price Per Sq Ft: 97.62
  • Above Grade Finished Sq Ft: 2816
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 1120

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Brick
  • Exterior Features: Sidewalks, Street Lights
  • Roof: Flat, Pitched
  • Spa: No
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Type Of Parking: On Street

Utilities

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

Condo/Co-op/Association

  • Association Recreation Fee: No

Schools

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

Lot Info

  • Lot Size Acres: 0.05
  • Lot Dimensions: 0.00 x 0.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 2178.00
  • Property Condition: Average
  • Year Assessed: 2024
  • Zoning: RES

Rental Info

  • Existing Lease Type: Month To Month
  • Ground Rent Exists: No
  • Owner Pays: Heat, Sewer, Water, Trash Collection, Electricity
  • Vacation Rental: No

Tax Info

  • School Tax: 839.00
  • Tax Annual Amount: 2078.00
  • Assessor Parcel Number: 09-5317-70-11-3831
  • Tax Lot: 3831
  • Tax Total Finished Sq Ft: 2816
  • County Tax Payment Frequency: Annually
  • Tax Data Updated: No
  • Tax Year: 2024
  • Close Date: 02/04/2025

Multi Family

  • Number Of Units Vacant: 2
  • Other Units: Unit 1,Unit 2,Unit 3

MLS Schools

  • School District Name: READING

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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
02/04/2025 02/04/25 Sold $275,900 +0.4% $98 / Sq Ft
01/10/2025 01/10/25 Pending -- -- --
10/04/2024 10/04/24 For Sale $274,900 0.0% $98 / Sq Ft
09/27/2024 09/27/24 Pending -- -- --
09/25/2024 09/25/24 For Sale $274,900 -- $98 / 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: PABK2048920

Bright MLS

APN: 5317-70-11-3831