C
Seller's Agent in 2023
Chris Marrella
Keller Williams Platinum Realty - Wyomissing
(609) 442-9946
1 in this area
74 Total Sales
128 W Spring St Reading, PA 19601
Northwest Reading Neighborhood
Studio
3
Baths
2,196
Sq Ft
1,742
Sq Ft Lot
Highlights
- Traditional Architecture
- Cooling System Mounted In Outer Wall Opening
- Radiator
- Porch
- Ceiling Fan
About This Home
As of July 2023**Multiple Offers Received. Highest & Best Deadline 12PM (End of Day) Friday July 7th**
Here is a great opportunity to own a well maintained 2 unit property in the City of Reading. Owners have owned the property for a very long time and have not increased monthly rent amounts. Market Rent for the first floor 2 bedroom is $1,100/month and $1,000/month for the 2nd level 2 bedroom apartment with owner paying all utilities. The cap rate is 10% based on market rents stated above.
Last Agent to Sell the Property
(610) 898-1441 frontdesk1110@kw.com Keller Williams Platinum Realty - Wyomissing License #RS362685 Listed on: 07/05/2023
Last Buyer's Agent
(484) 450-8771 admin@ironvalleyrealestateofberks.com Iron Valley Real Estate of Berks License #RS306212
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $2,400
Year Built
- Built in 1900
Lot Details
- 1,742
Parking
- On-Street Parking
Home Design
- Duplex
- Traditional Architecture
- Brick Exterior Construction
- Concrete Perimeter Foundation
Interior Spaces
- 2,196 Sq Ft Home
- Ceiling Fan
- Basement Fills Entire Space Under The House
Schools
- Reading Senior High School
Utilities
- Cooling System Mounted In Outer Wall Opening
- Radiator
- Heating System Uses Natural Gas
- 100 Amp Service
- Natural Gas Water Heater
- Cable TV Available
Additional Features
- Porch
- 1,742 Sq Ft Lot
Listing and Financial Details
- The owner pays for all utilities
- Tax Lot 3693
- Assessor Parcel Number 15-5307-49-55-3693
Community Details
Overview
- 2 Units
- 3-Story Building
Building Details
- Income includes apartment rentals
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Home Values in the Area
Average Home Value in this Area
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 07/26/2023 07/26/23 | Sold | $153,000 | 0.0% | $70 / Sq Ft |
| 07/08/2023 07/08/23 | Pending | -- | -- | -- |
| 07/08/2023 07/08/23 | Off Market | $153,000 | -- | -- |
| 07/05/2023 07/05/23 | For Sale | $119,900 | -- | $55 / Sq Ft |
Source: Bright MLS
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $1,490 | $54,900 | $9,600 | $45,300 |
| 2024 | $2,438 | $54,900 | $9,600 | $45,300 |
| 2023 | $2,400 | $54,900 | $9,600 | $45,300 |
| 2022 | $2,400 | $54,900 | $9,600 | $45,300 |
| 2021 | $2,400 | $54,900 | $9,600 | $45,300 |
| 2020 | $2,376 | $54,900 | $9,600 | $45,300 |
| 2019 | $2,376 | $54,900 | $9,600 | $45,300 |
| 2018 | $2,376 | $54,900 | $9,600 | $45,300 |
| 2017 | $2,360 | $54,900 | $9,600 | $45,300 |
| 2016 | $1,348 | $54,900 | $9,600 | $45,300 |
| 2015 | $1,348 | $54,900 | $9,600 | $45,300 |
| 2014 | $1,241 | $54,900 | $9,600 | $45,300 |
Source: Public Records
Agents Affiliated with this Home
-
Chris Marrella
-
Vielka Garcia
Buyer's Agent in 2023
Vielka Garcia
Iron Valley Real Estate of Berks
(484) 599-0869
8 in this area
177 Total Sales
Map
Source: Bright MLS
MLS Number: PABK2031992
APN: 5307-49-55-3693
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