$190,000
SOLD OCT 10, 2022
-- Bed
-- Bath
2,108 Sq Ft
2,178 Sq Ft Lot

Recently Sold

$90 Per Sq Ft

25 Days on Market

About This Home

As of October 2022

2 unit multi-unit property one block from city park. 1st floor is a 2 bedroom walk thru with a covered rear porch overlooking a large fenced yard paying $700 a month o month. Units 2 is a very large 3 bedroom encompassing both 2nd and 3rd floors paying $800 on a lease until 5/31/23. Both units pay for their own electricity along with hot air heaters. Water is sub-metered to allow for tracking individual use. gross income is $18,000. Expenses are $5,623. Net income is $12,337. This is a well-maintained building that will be a quality addition to anyone's investment portfolio.

Last Agent to Sell the Property

Eric Donahue

RE/MAX Of Reading License #RS272188 Listed on: 08/03/2022

Last Buyer's Agent

Francisco Acosta

Realty One Group Alliance License #RS342984

Realty One Group Alliance

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,526

Year Built

  • Built in 1890

Lot Details

  • 2,178 Sq Ft Lot

Parking

  • On-Street Parking

Home Design

  • Duplex
  • Brick Exterior Construction
  • Brick Foundation
  • Stone Foundation

Interior Spaces

  • 2,108 Sq Ft Home
  • Basement Fills Entire Space Under The House

Utilities

  • Forced Air Heating System
  • Natural Gas Water Heater

Community Details

  • 2 Units

Listing and Financial Details

  • Tax Lot 5500
  • Assessor Parcel Number 03-5316-22-19-5500

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,526

Year Built

Built in 1890

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Property Sub Type: Duplex
  • Structure Type: Detached
  • Ownership: Fee Simple
  • New Construction: No
  • Year Built: 1890
  • Automatically Close On Close Date: No
  • Remarks Public: 2 unit multi-unit property one block from city park. 1st floor is a 2 bedroom walk thru with a covered rear porch overlooking a large fenced yard paying $700 a month o month. Units 2 is a very large 3 bedroom encompassing both 2nd and 3rd floors paying $800 on a lease until 5/31/23. Both units pay for their own electricity along with hot air heaters. Water is sub-metered to allow for tracking individual use. gross income is $18,000. Expenses are $5,623. Net income is $12,337. This is a well-maintained building that will be a quality addition to anyone's investment portfolio.
  • Special Features: None

Interior Features

  • Fireplace: No
  • Foundation Details: Stone, Brick/Mortar
  • Basement: Yes
  • Basement Type: Full
  • Total Sq Ft: 2108
  • Living Area Sq Ft: 2108
  • Price Per Sq Ft: 90.09
  • Above Grade Finished Sq Ft: 2108
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 1146

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
  • Type Of Parking: On Street

Utilities

  • Central Air Conditioning: No
  • Cooling Fuel: Electric
  • Heating Fuel: Natural Gas
  • Heating Type: Forced Air
  • Heating: Yes
  • Hot Water: Natural Gas
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Schools

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

Green Features

  • Clean Green Assessed: No

Lot Info

  • Improvement Assessed Value: 26100.00
  • Land Assessed Value: 8800.00
  • Land Use Code: 138R
  • Lot Size Acres: 0.05
  • Lot Dimensions: 0.00 x 0.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 2178.00
  • Year Assessed: 2022
  • Zoning: RES

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 1442414
  • School Tax: 626.00
  • Tax Annual Amount: 1526.00
  • Assessor Parcel Number: 03-5316-22-19-5500
  • Tax Lot: 5500
  • Tax Total Finished Sq Ft: 2108
  • County Tax Payment Frequency: Annually
  • Tax Year: 2022
  • Close Date: 10/10/2022

Multi Family

  • Other Units: Unit 1,Unit 2

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
10/10/2022 10/10/22 Sold $190,000 0.0% $90 / Sq Ft
08/28/2022 08/28/22 Pending -- -- --
08/28/2022 08/28/22 Off Market $190,000 -- --
08/03/2022 08/03/22 For Sale $189,900 +603.3% $90 / Sq Ft
09/19/2016 09/19/16 Sold $27,000 -22.9% $13 / Sq Ft
08/20/2016 08/20/16 Pending -- -- --
04/19/2016 04/19/16 For Sale $35,000 -- $17 / 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: PABK2019774

Bright MLS

APN: 5316-22-19-5500