NOT LISTED FOR SALE

1240 N 6th St Reading, PA 19601

-- Bed
4 Baths
2,910 Sq Ft
2,614 Sq Ft Lot

Last Sold January 29, 2016

Last sale price $120,000 $41 Per Sq Ft

Highlights

  • No HOA
  • Zoned Heating
  • Hot Water Heating System
  • En-Suite Primary Bedroom

About This Home

As of January 2016

Includes 4 garages which are rented for approx 170/month for three(included in Gross Annual Income) and the fourth is included in the rent. Current rent roll is substantially higher than past years due to upgrades. Tenants pay hot water and electric. Building has been upgraded approximately 35,000 during the past three years, including new roof and roof deck (4,000) windows (5,000), new efficient gas heating system (9,000), plus zoned heating, radiator controls and hidden thermostat and heating sensor behind wall to eliminate tampering (1,200) Attic insulation (2,300)for heat savings. Basement can possibly be rented as a store or office as it was in the past, for additional rental income. In addition, there is a washer/ dryer hookup in basement for possible coin laundry machines for tenants' convenience and additional income. Plenty of street parking as building is at the corner of 6th and Perry.

Last Agent to Sell the Property

Donald Kesselman

(215) 400-2600 donn2000@gmail.com Homes-2-You Real Estate Inc Listed on: 06/15/2015

Last Buyer's Agent

Ronald Samsel

(941) 842-6100 ron@berksrealtor.com United Real Estate Strive 212 License #RS202136L

United Real Estate Strive 212

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,817

Year Built

  • Built in 1920

Lot Details

  • 2,614 Sq Ft Lot

Home Design

  • Quadruplex
  • Brick Exterior Construction

Interior Spaces

  • En-Suite Primary Bedroom
  • 2,910 Sq Ft Home
  • Basement Fills Entire Space Under The House
  • Washer and Dryer Hookup

Parking

  • 4 Open Parking Spaces
  • 8 Parking Spaces
  • Driveway

Schools

  • Reading Senior High School

Utilities

  • Zoned Heating
  • Heating System Uses Gas
  • Hot Water Heating System
  • Electric Water Heater

Listing and Financial Details

  • Tax Lot 3239
  • Assessor Parcel Number 14-5307-43-87-3239

Community Details

Overview

  • No Home Owners Association

Building Details

  • Electric Expense $300
  • Insurance Expense $1,000
  • Maintenance Expense $1,500
  • Operating Expense $9,417

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,817

Year Built

Built in 1920

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Property Sub Type: Quadruplex
  • Structure Type: Detached
  • Ownership: Fee Simple
  • New Construction: No
  • Storage: Basement
  • Year Built: 1920
  • Remarks Public: Includes 4 garages which are rented for approx 170/month for three(included in Gross Annual Income) and the fourth is included in the rent. Current rent roll is substantially higher than past years due to upgrades. Tenants pay hot water and electric. Building has been upgraded approximately 35,000 during the past three years, including new roof and roof deck (4,000) windows (5,000), new efficient gas heating system (9,000), plus zoned heating, radiator controls and hidden thermostat and heating sensor behind wall to eliminate tampering (1,200) Attic insulation (2,300)for heat savings. Basement can possibly be rented as a store or office as it was in the past, for additional rental income. In addition, there is a washer/ dryer hookup in basement for possible coin laundry machines for tenants' convenience and additional income. Plenty of street parking as building is at the corner of 6th and Perry.
  • Special Features: None

Interior Features

  • Fireplace: No
  • Room List: Primary Bedroom
  • Basement: Yes
  • Basement Type: Full
  • Laundry Type: Hookup
  • Total Sq Ft: 2910
  • Living Area Sq Ft: 2910
  • Price Per Sq Ft: 45.70
  • Above Grade Finished Sq Ft: 2910
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 1240

Exterior Features

  • Other Structures: Above Grade
  • Construction Materials: Brick
  • Construction Completed: No
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Open Parking Spaces Count: 4
  • Total Garage And Parking Spaces: 8
  • Type Of Parking: Driveway

Utilities

  • Annual Heating Expense: 1800.00
  • Central Air Conditioning: No
  • Electric Expense: 300.00
  • Heating Fuel: Natural Gas
  • Heating Type: Gas, Hot Water, Zoned
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Public Sewer
  • Water Sewer Expenses: 2000.00
  • Water Source: Public

Condo/Co-op/Association

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

Schools

  • School District: READING
  • High School: READING SENIOR
  • School District Key: 300200397169
  • High School: READING SENIOR

Lot Info

  • Improvement Assessed Value: 54600.00
  • Land Assessed Value: 15000.00
  • Land Use Code: 133R
  • Lot Size Acres: 0.06
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 2614.00
  • Zoning: RES

Rental Info

  • Vacation Rental: No

Multi Family

  • Gross Income: 31320.00
  • Other Units: Unit 1,Unit 2,Unit 4,Unit 3

Tax Info

  • Assessor Parcel Number: 1453657
  • Tax Annual Amount: 2817.00
  • Assessor Parcel Number: 14-5307-43-87-3239
  • Tax Lot: 3239
  • Tax Year: 2015
  • Close Date: 01/29/2016

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 List to Sale Price per Sq Ft
01/29/2016 01/29/16 Sold $120,000 -9.8% $41 / Sq Ft
12/01/2015 12/01/15 Pending -- -- --
06/15/2015 06/15/15 For Sale $133,000 -- $46 / Sq Ft
Source: Bright MLS

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • D

    Seller's Agent in 2016

    Donald Kesselman

    Homes-2-You Real Estate Inc

    Section Image
  • Ronald Samsel

    Buyer's Agent in 2016

    Ronald Samsel

    United Real Estate Strive 212

    (941) 842-6100

    113 Total Sales

    Ronald Samsel
    Section Image
See All Agents

Map

Source: Bright MLS

MLS Number: 1002635046

Bright MLS

APN: 5307-43-87-3239

Pennsylvania Berks County Reading 19601

1240 N 6th St, Reading, PA

This home is located at 1240 N 6th St, Reading, PA 19601 since 15 June 2015. This property was built in 1920. 1240 N 6th St is a home located in Berks County with nearby schools including Riverside Elementary School, Northwest Middle School, and Reading Senior High School.

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