119 S 5th St Reading, PA 19602

Listing Details

• Property Type: Multi-Family
• Structure Type: Detached
• Ownership: Fee Simple
• Inclusions: 5 Refrigerators, 5 Ranges
• New Construction: No
• Other Expense: 960.00
• Storage: Basement
• Year Built: 1900
• Remarks Public: Great return on investment! The main building has 5 occupied units where the tenants pay heat and electric. There is also space on the first floor in the front that is currently vacant. A very large basement creates even more opportunity. The building in the back of the property is perfect to rent out as a garage or another business. There are rooms on the second floor of the garage. The vacant garage has been rented for $1300/month. All of the utilities are separate for this building so that it can be the tenant's responsibility. The property is conveniently located to transportation, shopping, and other businesses, including a laundromat next door. Contact the listing agent to set up your private showing- 24-hour notice please.
• Special Features: VirtualTour
• Property Sub Type: MultiFamily

Interior Features

• Flooring Type: Wood, Laminated
• Fireplace: No
• Entry Location: Foyer
• Foundation Details: Stone
• Room List: Primary Bedroom
• Basement: Yes
• Basement Type: Full, Unfinished
• Street Number Modifier: 119

Exterior Features

• Construction Materials: Brick
• Exterior Features: Sidewalks, Street Lights
• Roof: Flat
• Water Access: No
• Waterfront: No
• Water Oriented: No
• Pool: No Pool
• Tidal Water: No
• Water View: No

Garage/Parking

• Garage: No
• Parking Features: Street
• Garage Features: Oversized
• Total Garage And Parking Spaces: 4
• Type Of Parking: On Street

Utilities

• Central Air Conditioning: No
• Electric Expense: 1000.00
• Heating Fuel: Electric
• Heating Type: Electric, Baseboard
• Heating: Yes
• Hot Water: Natural Gas
• Sewer/Septic System: Public Sewer
• Utilities: Cable Tv Available
• Water Sewer Expenses: 3840.00
• Water Source: Public

Condo/Co-op/Association

• Condo Co-Op Association: No
• HOA: No

Schools

• School District: READING
• School District Key: 300200397169

Lot Info

• Improvement Assessed Value: 32300.00
• Land Assessed Value: 42400.00
• Land Use Code: 4200
• Lot Size Acres: 0.16
• Lot Dimensions: IRREG
• Lot Size Units: Square Feet
• Lot Sq Ft: 6970.00
• Property Condition: Good
• Zoning: CC

Rental Info

• Vacation Rental: No

Multi Family

• Gross Income: 60000.00
• Other Units: Unit 1,Unit 2,Unit 4,Unit 5,Unit 3,Unit 6

Tax Info

• Assessor Parcel Number: 1442729
• Tax Annual Amount: 3211.00
• Assessor Parcel Number: 04-5306-27-89-0305
• Tax Lot: 0305
• Tax Year: 2016
• Close Date: 08/30/2016

MLS Schools

• School District Name: READING