NOT LISTED FOR SALE
-- Bed
2 Baths
2,256 Sq Ft
2,178 Sq Ft Lot

Last Sold February 24, 2022

Last sale price $160,000 $71 Per Sq Ft

6 Days on Market

Highlights

  • Traditional Architecture
  • Hot Water Heating System
  • Property is in very good condition

About This Home

As of February 2022

An investors dream! This well maintained, fully rented duplex is located in the heart of Reading. This property is a wonderful investment opportunity with steady cash flow. The upstairs unit was recently updated prior to the current tenant moving in. And the downstairs houses a long term tenant. Both unit rents are below market value, so there is opportunity to increase your investment. This home is located within minutes to the City park, Pagoda and so much more!!! Limited showing availability due to COVID concerns by tenants - showings only available 1/22 12-2pm however, offers can be submitted prior.

Last Listed By

Ashley Thomas

Real of Pennsylvania License #RS340627 Listed on: 01/19/2022

Real of Pennsylvania

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,958

Year Built

  • Built in 1900

Lot Details

  • 2,178 Sq Ft Lot
  • Property is in very good condition

Parking

  • Off-Street Parking

Home Design

  • 2,256 Sq Ft Home
  • Duplex
  • Traditional Architecture
  • Brick Exterior Construction

Utilities

  • Window Unit Cooling System
  • Hot Water Heating System
  • Electric Water Heater

Community Details

  • 2 Units

Listing and Financial Details

  • Tax Lot 3456
  • Assessor Parcel Number 16-5316-22-29-3456

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,958

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Property Sub Type: Duplex
  • Structure Type: Interior Row/Townhouse
  • Architectural Style: Traditional
  • Ownership: Fee Simple
  • Exclusions: Tenants personal Items
  • Home Warranty: No
  • New Construction: No
  • Expected On Market: 2022-01-19
  • Year Built: 1900
  • Automatically Close On Close Date: No
  • Remarks Public: An investors dream! This well maintained, fully rented duplex is located in the heart of Reading. This property is a wonderful investment opportunity with steady cash flow. The upstairs unit was recently updated prior to the current tenant moving in. And the downstairs houses a long term tenant. Both unit rents are below market value, so there is opportunity to increase your investment. This home is located within minutes to the City park, Pagoda and so much more!!! Limited showing availability due to COVID concerns by tenants - showings only available 1/22 12-2pm however, offers can be submitted prior.
  • Special Features: None

Interior Features

  • Foundation Details: Other
  • Total Sq Ft: 2256
  • Living Area Sq Ft: 2256
  • Price Per Sq Ft: 70.92
  • Above Grade Finished Sq Ft: 2256
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 1222

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: Off Street

Utilities

  • Central Air Conditioning: No
  • Cooling Fuel: Electric
  • Cooling Type: Window Unit(s)
  • Heating Fuel: Natural Gas
  • Heating Type: Hot Water
  • Heating: Yes
  • Hot Water: Electric
  • 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: 30600.00
  • Land Assessed Value: 14200.00
  • 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
  • Property Condition: Very Good
  • Year Assessed: 2021
  • Zoning: RESIDENTIAL

Rental Info

  • Units Leased Count: 2
  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 1458598
  • School Tax: 803.00
  • Tax Annual Amount: 1958.00
  • Assessor Parcel Number: 16-5316-22-29-3456
  • Tax Lot: 3456
  • Tax Total Finished Sq Ft: 2256
  • County Tax Payment Frequency: Annually
  • Tax Year: 2021
  • Close Date: 02/24/2022

MLS Schools

  • School District Name: READING

Range of Values:

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Average Value
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List Price
Sold Price
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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
02/24/2022 02/24/22 Sold $160,000 0.0% $71 / Sq Ft
01/25/2022 01/25/22 Pending -- -- --
01/25/2022 01/25/22 Price Changed $160,000 +3.2% $71 / Sq Ft
01/19/2022 01/19/22 For Sale $155,000 +19.2% $69 / Sq Ft
11/23/2020 11/23/20 Sold $130,000 0.0% $58 / Sq Ft
10/25/2020 10/25/20 Pending -- -- --
10/19/2020 10/19/20 For Sale $130,000 -- $58 / 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: PABK2008934

Bright MLS

APN: 5316-22-29-3456