118 S 5th St Reading, PA 19602

Listing Details

• Property Type: Multi-Family
• Structure Type: Detached
• Ownership: Fee Simple
• New Construction: No
• Year Built: 1846
• Automatically Close On Close Date: No
• Remarks Public: Opportunity is knocking at the historic **Hunter House, Circa 1847* situated in the Callowhill District. This home built by iron master Nicholas Van Reed Hunter is a prime example of master craftsmanship. The property was formerly a Bed and Breakfast. Step inside through the period tiled vestibule which leads into the grand entrance hall with a 3-story open staircase. Off to the left you will be awe struck by the stunning great room, equipped with hardwood floors, 12 ft high ceilings with exquisite ornamental plaster detail, crown molding, and a gorgeous marble mantle. The eat in kitchen had been updated over the years and offers gas cooking, a breakfast room, and another beautiful mantle. The first floor is finished off with a powder room. The 2nd floor front offers 2 ample sized bedrooms, and an updated full bathroom. 2nd fl rear offers 3 more rooms ( potential unfinished Apartment Area) . The 3rd floor front offers 2 more spacious bedrooms, a laundry/kitchenette area, walk-in closet and a full bath. The 3rd fl rear offers another large bedroom, a full bathroom and an additional kitchen. This area has great potential, perhaps even for in law quarters. Tax records show this property listed as a 4 unit, but after the current owner purchased the property its most current use was as a single-family home, with a separate & private 2nd unit, used for the current owner’s business/private practice. This separate 2nd unit has a private entrance, kitchenette, full bath and 2 rooms. The previous owner passed on architectural plans they had done in 1996 to convert the main house into multiple units ( see included documents) however, please confirm with zoning on any inquiries about adding additional units. Current owner never pursued this. With a little imagination, and TLC this property and its potential could be EXTRAORDINARY. Peace of mind is offered with the upgrades that were made by the current owner: new roof (2010), newer heater and chimney liner (2010- 2012) which is when they converted from oil to gas. The front of the property has new replacement windows. There is updated electric (4 separate meters in the basement). Enclosed courtyard with garden that could easily be a fabulous outdoor space once again. Parking won’t be a concern with the convenient 11 Space Parking Lot. All of this and situated among all the exciting projects occurring in downtown Reading. Walking distance to the library, great eateries, shopping, and all of the wonderful downtown amenities.
• Special Features: None
• Property Sub Type: MultiFamily

Interior Features

• Fireplace: No
• Room Count: 19
• Basement: Yes
• Basement Type: Full
• Total Sq Ft: 6974
• Living Area Sq Ft: 6974
• Price Per Sq Ft: 27.23
• Above Grade Finished Sq Ft: 6974
• Above Grade Finished Area Units: Square Feet
• Street Number Modifier: 118

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: 11
• Type Of Parking: Off Street, Parking Lot
• Parking Lot Number Of Spaces: 11

Utilities

• Central Air Conditioning: No
• Heating Fuel: Natural Gas
• Heating Type: Hot Water
• Heating: Yes
• Hot Water: Natural Gas
• Security: Security System
• Sewer/Septic System: Public Sewer
• 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: 96100.00
• Land Assessed Value: 9900.00
• Land Use Code: 138
• Lot Size Acres: 0.16
• Lot Dimensions: 0.00 x 0.00
• Lot Size Units: Square Feet
• Lot Sq Ft: 6969.00
• Year Assessed: 2021
• Zoning: COMMERCIAL CORE C-C

Rental Info

• Vacation Rental: No

Tax Info

• Assessor Parcel Number: 1442638
• School Tax: 1901.00
• Tax Annual Amount: 4634.00
• Assessor Parcel Number: 04-5306-27-79-6398
• Tax Lot: 6398
• County Tax Payment Frequency: Annually
• Tax Year: 2020
• Close Date: 09/13/2021

Multi Family

• Other Units: Unit 1,Unit 2

MLS Schools

• School District Name: READING