$130,000
SOLD NOV 23, 2020

1222 Eckert Ave Reading, PA 19602

Penn's Common Neighborhood
-- Bed
-- Bath
2,256 Sq Ft
2,178 Sq Ft Lot

Recently Sold

$58 Per Sq Ft

Highlights

  • Traditional Architecture
  • No HOA
  • Hot Water Heating System

About This Home

As of February 2022

A fantastic opportunity awaits in this well maintained 2 unit in the heart of Reading. With both units rented, this is a prime investment opportunity with consistent cash flow. For an owner occupant, this property offers low cost living with gas heat, and an opportunity to have another occupant help pay the mortgage! This home has wonderful versatility, and fantastic location just minutes from City park, the Pagoda, and Penn Street shopping/restaurants! Set up a tour!

Last Agent to Sell the Property

Alexander Smith

(610) 334-7378 primeinvestments610@gmail.com Iron Valley Real Estate of Berks License #RS328881 Listed on: 10/19/2020

Iron Valley Real Estate of Berks

Last Buyer's Agent

Max Lomas

(215) 207-8676 maxelomas@gmail.com Real Broker LLC License #RS342877

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,939

Year Built

  • Built in 1900

Lot Details

  • 2,178 Sq Ft Lot

Parking

  • On-Street Parking

Home Design

  • Duplex
  • Traditional Architecture
  • Brick Exterior Construction

Interior Spaces

  • 2,256 Sq Ft Home
  • Basement Fills Entire Space Under The House

Utilities

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

Listing and Financial Details

  • The owner pays for water, sewer, trash collection
  • Tax Lot 3456
  • Assessor Parcel Number 16-5316-22-29-3456

Community Details

Overview

  • No Home Owners Association
  • 2 Units

Building Details

  • Income includes apartment rentals
  • Insurance Expense $1,083
  • Manager Expense $1,259
  • Other Expense $300
  • Trash Expense $1,380
  • Operating Expense $2,763

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,939

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: All tenant owned property
  • New Construction: No
  • Other Expense: 300.00
  • Expected On Market: 2020-10-19
  • Year Built: 1900
  • Automatically Close On Close Date: No
  • Remarks Public: A fantastic opportunity awaits in this well maintained 2 unit in the heart of Reading. With both units rented, this is a prime investment opportunity with consistent cash flow. For an owner occupant, this property offers low cost living with gas heat, and an opportunity to have another occupant help pay the mortgage! This home has wonderful versatility, and fantastic location just minutes from City park, the Pagoda, and Penn Street shopping/restaurants! Set up a tour!
  • Special Features: None

Interior Features

  • Basement: Yes
  • Basement Type: Full
  • Total Sq Ft: 2256
  • Living Area Sq Ft: 2256
  • Price Per Sq Ft: 57.62
  • 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: On Street

Utilities

  • Central Air Conditioning: No
  • Cooling Fuel: Electric
  • Cooling Type: Window Unit(s)
  • Heating Fuel: Electric, Oil
  • Heating Type: Hot Water
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • HOA: No
  • Professional Management Expense: 1259.00

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
  • Year Assessed: 2020
  • Zoning: RESIDENTIAL

Rental Info

  • Existing Lease Type: Month To Month, Yearly
  • Number Of Units Month To Month: 1
  • Owner Pays: Water, Sewer, Trash Collection
  • Rent Control: No
  • Total Actual Rent: 20988.00
  • Units Leased Count: 2
  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 1458598
  • School Tax: 803.00
  • Tax Annual Amount: 1939.00
  • Assessor Parcel Number: 16-5316-22-29-3456
  • Tax Lot: 3456
  • Tax Total Finished Sq Ft: 2256
  • County Tax Payment Frequency: Annually
  • Tax Year: 2020
  • Close Date: 11/23/2020

Multi Family

  • Gross Income: 20988.00
  • Income Includes: Apartment Rentals
  • Operating Expense: 2763.00

MLS Schools

  • School District Name: READING

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
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

  • Ashley Thomas

    Seller's Agent in 2022

    Ashley Thomas

    Real of Pennsylvania

    (267) 688-2537

    2 in this area

    32 Total Sales

    Ashley Thomas
    Section Image
  • Mary Camp

    Seller Co-Listing Agent in 2022

    Mary Camp

    SERHANT PENNSYLVANIA LLC

    (215) 882-1064

    1 in this area

    61 Total Sales

    Mary Camp
    Section Image
  • Sean Devine

    Buyer's Agent in 2022

    Sean Devine

    Sands & Company Real Estate

    (610) 451-0774

    3 in this area

    40 Total Sales

    Sean Devine
    Section Image
  • Alexander Smith

    Seller's Agent in 2020

    Alexander Smith

    Iron Valley Real Estate of Berks

    (610) 334-7378

    1 in this area

    76 Total Sales

    Alexander Smith
    Section Image
  • Max Lomas

    Buyer's Agent in 2020

    Max Lomas

    Real Broker LLC

    (215) 207-8676

    1 in this area

    839 Total Sales

    Max Lomas
    Section Image
See All Agents

Map

Source: Bright MLS

MLS Number: PABK365530

Bright MLS

APN: 5316-22-29-3456

Pennsylvania Berks County Reading 19602 Penn's Common

1222 Eckert Ave, Reading, PA

This home is located at 1222 Eckert Ave, Reading, PA 19602 and is currently priced at $130,000, approximately $57 per square foot. This property was built in 1900. 1222 Eckert Ave is a home located in Berks County with nearby schools including 16th & Haak Elementary School, Central Middle School, and Reading Senior High School.

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