127 Spring St Reading, PA 19601
Northwest Reading Neighborhood
--
Bed
--
Bath
3,283
Sq Ft
1,742
Sq Ft Lot
Highlights
- Wood Flooring
- 1 Fireplace
- Sport Court
- Victorian Architecture
- No HOA
- More Than Two Accessible Exits
About This Home
As of January 2022Queen Anne Historic District 4 Unit in overall good condition. Units have all electric baseboard heat. 3 Units have gas cooking and 1 with electric cooking. One gas hot water heater for the entire building is paid for the owner. Unit 1st floor has 5 rooms, 3 BRS, Liv, Kit, Bath, electric cooking, rented for $750 a month. Unit 2 - 2nd floor front has 4 rooms, 1 BR, living room, dining room, kitchen, bath, gas cooking, rented for $625 a month. Unit 3 - 2nd floor rear is an efficiency, 2 rooms, Br, kit, bath, gas cooking, vacant and projected rent $625 a month. Unit 4 - 3rd floor has 3 rooms, 1 BR, liv, kit, bath, gas cooking, rented for $543 a month. Rubber roofs. 200 AMP electric main with 100 AMP individual breaker panels. Total income: $30,516. Expenses: $10,103. Net income: $20,413. Expenses breakdown: Taxes: $2,454. Insurance: $1,900. Trash: $1104. W/S: $3,168. Electric: $325. Gas: $840. Cap Rate: 12%. Property being sold AS IS.
Last Agent to Sell the Property
RE/MAX Of Reading License #RS193774L Listed on: 08/10/2020
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $2,454
Year Built
- Built in 1910
Lot Details
- 1,742 Sq Ft Lot
- Historic Home
- Property is in good condition
Parking
- On-Street Parking
Home Design
- Quadruplex
- Victorian Architecture
- Brick Exterior Construction
- Stone Foundation
- Architectural Shingle Roof
- Rubber Roof
- Stone Siding
Interior Spaces
- 3,283 Sq Ft Home
- 1 Fireplace
- Basement Fills Entire Space Under The House
- Fire Escape
- Electric Oven or Range
Flooring
- Wood
- Carpet
- Laminate
- Vinyl
Accessible Home Design
- More Than Two Accessible Exits
Outdoor Features
- Sport Court
- Exterior Lighting
Utilities
- Electric Baseboard Heater
- Above Ground Utilities
- 200+ Amp Service
- Natural Gas Water Heater
- Municipal Trash
- Phone Available
- Cable TV Available
Listing and Financial Details
- The owner pays for advertising/licenses and permits, insurance, sewer, sewer maintenance, real estate taxes, trash collection, water, gas
- Tax Lot 9820
- Assessor Parcel Number 15-5307-49-55-9820
Community Details
Overview
- No Home Owners Association
- 4 Units
- 4-Story Building
Building Details
- 1 Vacant Unit
- Income includes apartment rentals
- Insurance Expense $1,900
- Other Expense $7,999
- Trash Expense $1,104
- Operating Expense $10,103
- Gross Income $30,516
- Net Operating Income $20,413
Similar Homes in Reading, PA
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Home Values in the Area
Average Home Value in this Area
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 02/10/2025 02/10/25 | Off Market | -- | -- | -- |
| 01/30/2025 01/30/25 | For Rent | -- | -- | -- |
| 01/11/2022 01/11/22 | Sold | $282,000 | 0.0% | $86 / Sq Ft |
| 11/23/2021 11/23/21 | Pending | -- | -- | -- |
| 11/23/2021 11/23/21 | Price Changed | $282,000 | +4.4% | $86 / Sq Ft |
| 11/14/2021 11/14/21 | For Sale | $270,000 | +68.8% | $82 / Sq Ft |
| 09/04/2020 09/04/20 | Sold | $160,000 | 0.0% | $49 / Sq Ft |
| 08/10/2020 08/10/20 | For Sale | $160,000 | +88.2% | $49 / Sq Ft |
| 08/08/2020 08/08/20 | Pending | -- | -- | -- |
| 12/07/2012 12/07/12 | Sold | $85,000 | -22.7% | $26 / Sq Ft |
| 12/05/2012 12/05/12 | Pending | -- | -- | -- |
| 06/14/2012 06/14/12 | For Sale | $109,900 | -- | $33 / Sq Ft |
Source: Bright MLS
Tax History Compared to Growth
Agents Affiliated with this Home
-
Jose Candelaria
Seller's Agent in 2022
Jose Candelaria
RE/MAX of Reading
(610) 207-8066
11 in this area
227 Total Sales
-
Anabel Rodriguez Elizalde
Buyer's Agent in 2022
Anabel Rodriguez Elizalde
BHHS Fox & Roach
(267) 817-2817
1 in this area
22 Total Sales
-
Carlos Aponte
Seller's Agent in 2012
Carlos Aponte
eRealty Advisors, Inc
(610) 587-5218
15 Total Sales
-
Tim Bisbano
Buyer's Agent in 2012
Tim Bisbano
Keller Williams Philadelphia
(610) 468-1227
8 Total Sales
Map
Source: Bright MLS
MLS Number: PABK362016
APN: 5307-49-55-9820
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