$160,000
SOLD APR 16, 2020

1129 N 9th St Reading, PA 19604

Northeast Reading Neighborhood
-- Bed
-- Bath
2,394 Sq Ft
1,742 Sq Ft Lot

Recently Sold

$67 Per Sq Ft

3% Below List Price

26 Days on Market

Highlights

  • Straight Thru Architecture
  • Hot Water Heating System
  • Property is in very good condition
  • No HOA

About This Home

As of March 2023

SUPER 3 UNIT PROPERTY with separate utilities, side yard and off street parking! 3 hot water heaters, 3 Electric meters, all mechanicals are in great condition. Property was recently code inspection and compliance letter is on file. Stable tenants and strong cash flow make this a great opportunity. newer windows, updated roofs, this property has been very well maintained and is definitely one of the better multi unit properties to hit the market in quite some time.

Last Agent to Sell the Property

Jaime Perez

Keller Williams Platinum Realty - Wyomissing Listed on: 02/05/2020

Keller Williams Platinum Realty - Wyomissing

Last Buyer's Agent

Joseph Colon

Coldwell Banker Realty

Coldwell Banker Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,121

Year Built

  • Built in 1910

Lot Details

  • 1,742 Sq Ft Lot
  • Property is in very good condition

Home Design

  • Straight Thru Architecture
  • Flat Roof Shape
  • Brick Exterior Construction
  • Rubber Roof
  • Stucco

Interior Spaces

  • 2,394 Sq Ft Home
  • Basement Fills Entire Space Under The House

Parking

  • 1 Open Parking Space
  • Driveway

Outdoor Features

  • Exterior Lighting

Utilities

  • Hot Water Heating System
  • Electric Water Heater

Listing and Financial Details

  • The owner pays for electricity, heat, insurance, sewer, real estate taxes, trash collection, water
  • Tax Lot 1501
  • Assessor Parcel Number 13-5317-37-06-1501

Community Details

Overview

  • No Home Owners Association
  • 3 Units

Building Details

  • Income includes apartment rentals
  • Insurance Expense $850
  • Other Expense $2,700
  • Operating Expense $6,670

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,121

Year Built

Built in 1910

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Structure Type: End Of Row/Townhouse
  • Architectural Style: Straight Thru
  • Ownership: Fee Simple
  • Exclusions: Stove in 2nd Floor unit (belongs to tenant)
  • Home Warranty: No
  • Inclusions: 2 Stoves, 3 Refridgerators
  • New Construction: No
  • Other Expense: 2700.00
  • Year Built: 1910
  • Remarks Public: SUPER 3 UNIT PROPERTY with separate utilities, side yard and off street parking! 3 hot water heaters, 3 Electric meters, all mechanicals are in great condition. Property was recently code inspection and compliance letter is on file. Stable tenants and strong cash flow make this a great opportunity. newer windows, updated roofs, this property has been very well maintained and is definitely one of the better multi unit properties to hit the market in quite some time.
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: No
  • Basement: Yes
  • Basement Type: Full
  • Total Sq Ft: 2394
  • Living Area Sq Ft: 2394
  • Price Per Sq Ft: 68.88
  • Above Grade Finished Sq Ft: 2394
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 1129

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Brick, Combination, Stucco
  • Exterior Features: Exterior Lighting
  • Roof: Flat, Rubber
  • Spa: No
  • 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: 1
  • Parking Features: Asphalt Driveway
  • Type Of Parking: Driveway

Utilities

  • Central Air Conditioning: No
  • Monthly Average Electric: 30
  • Previous Twelve Months Electric Expense: 360.00
  • Gas Avg Month: 230.00
  • Gas Prev12 Months: 2760.00
  • Heating Fuel: Natural Gas
  • Heating Type: Hot Water
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Public Sewer
  • Monthly Water Average: 225
  • Water Previous Twelve Months: 2700.00
  • Water Source: Public

Condo/Co-op/Association

  • HOA: No

Schools

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

Green Features

  • Clean Green Assessed: No

Lot Info

  • Improvement Assessed Value: 32700.00
  • Land Assessed Value: 16300.00
  • 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
  • Property Condition: Very Good, Good
  • Year Assessed: 2020
  • Zoning: RESIDENTIAL MULTI FAMILY

Rental Info

  • Existing Lease Type: Month To Month
  • Ground Rent Exists: No
  • Owner Pays: Electricity, Heat, Insurance, Sewer, Taxes - Real Estate, Trash Collection, Water
  • Rent Control: No
  • Total Actual Rent: 26340.00
  • Units Leased Count: 3
  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 1451571
  • School Tax: 879.00
  • Tax Annual Amount: 2121.00
  • Assessor Parcel Number: 13-5317-37-06-1501
  • Tax Lot: 1501
  • Tax Total Finished Sq Ft: 2394
  • County Tax Payment Frequency: Annually
  • Tax Data Updated: No
  • Tax Year: 2020
  • Close Date: 04/16/2020

Multi Family

  • Income Includes: Apartment Rentals
  • Operating Expense: 6670.00

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
03/03/2023 03/03/23 Sold $240,000 -7.7% $100 / Sq Ft
07/16/2022 07/16/22 For Sale $260,000 +62.5% $109 / Sq Ft
04/16/2020 04/16/20 Sold $160,000 -3.0% $67 / Sq Ft
03/02/2020 03/02/20 Pending -- -- --
02/05/2020 02/05/20 For Sale $164,900 -- $69 / Sq Ft
Source: Bright MLS

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • A

    Seller's Agent in 2023

    Agnes Diehl

    Global Properties PA

    (570) 460-5823

    1 in this area

    46 Total Sales

    Agnes Diehl
    Section Image
  • Luis Martinez

    Buyer's Agent in 2023

    Luis Martinez

    Coldwell Banker Realty

    (484) 529-3831

    8 in this area

    105 Total Sales

    Luis Martinez
    Section Image
  • Jaime Perez

    Seller's Agent in 2020

    Jaime Perez

    Keller Williams Platinum Realty - Wyomissing

    (610) 413-2255

    5 in this area

    87 Total Sales

    Jaime Perez
    Section Image
  • Joseph Colon

    Buyer's Agent in 2020

    Joseph Colon

    Coldwell Banker Realty

    (484) 650-6749

    27 in this area

    212 Total Sales

    Joseph Colon
    Section Image
See All Agents

Map

Source: Bright MLS

MLS Number: PABK353904

Bright MLS

APN: 5317-37-06-1501

Pennsylvania Berks County Reading 19604 Northeast Reading

1129 N 9th St, Reading, PA

This home is located at 1129 N 9th St, Reading, PA 19604 and is currently priced at $160,000, approximately $66 per square foot. This property was built in 1910. 1129 N 9th St is a home located in Berks County with nearby schools including Twelfth & Marion Elementary School, Northeast Middle School, and Reading Senior High School.

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