Seller's Agent in 2019
Jose Candelaria
RE/MAX of Reading
(610) 207-8066
21 in this area
215 Total Sales
1300 N 11th St Reading, PA 19604
Northeast Reading Neighborhood
Studio
3
Baths
2,256
Sq Ft
1,742
Sq Ft Lot
Highlights
- Victorian Architecture
- No HOA
- 3 Car Direct Access Garage
- Corner Lot
- Balcony
- 4-minute walk to Eleventh and Pike Playground
About This Home
As of September 2019Excellent money moneymaker! Very large NE Reading brick & stone Victorian 3 unit at the corner of Perry and N. 11th Streets with an oversized 2 car garage that is rented for $75/month to a neighbor. All units are rented. All units have tenant paid heat and utilities. Unit 1 - 1st floor has 3 rooms, 1 BR, electric baseboard heat, electric cooking, gas hot water, rented for $600/month. Unit 2 - 2nd floor has 4 rooms, 2 BRS, electric cooking, electric baseboard heat and electric hot water. Rented for $600/month. Unit 3 - 3rd floor is an efficiency, electric baseboard heat, gas cooking, gas hot water, rented for $360/month. The garage is rented for $75/month for years by a neighbor. Old oil boiler in basement is not being used. 200 AMP electric main with breakers. Gross income: $19,620. Total expenses: $6,297. Net income: $13,323. Expenses breakdown: Insurance - $700. Water/Sewer - $1,800. Trash/Recycling - $720. Taxes - $2,627. Electric - $350. Permits - $100. CAP Rate: 19.00%. The property is in need of some work inside and out and is being sold AS IS! Cash or conventional financing only! Will not last!
Last Agent to Sell the Property
(610) 670-2770 info@goberkscounty.com RE/MAX Of Reading License #RS193774L Listed on: 07/29/2019
Last Buyer's Agent
(610) 670-2770 info@goberkscounty.com RE/MAX Of Reading License #RS193774L Listed on: 07/29/2019
Property Details
Home Type
- Multi-Family
Year Built
- Built in 1900
Lot Details
- 1,742 Sq Ft Lot
- Corner Lot
Parking
- 3 Car Direct Access Garage
- Side Facing Garage
- On-Street Parking
Home Design
- Triplex
- Victorian Architecture
- Converted Dwelling
- Brick Exterior Construction
- Stone Foundation
- Asphalt Roof
- Rubber Roof
- Stone Siding
Interior Spaces
- 2,256 Sq Ft Home
- Basement Fills Entire Space Under The House
- Fire Escape
Flooring
- Laminate
- Vinyl
Outdoor Features
- Balcony
- Exterior Lighting
- Porch
Utilities
- Window Unit Cooling System
- Electric Baseboard Heater
- 200+ Amp Service
- Multi-Tank Natural Gas Water Heater
- Municipal Trash
Listing and Financial Details
- The owner pays for insurance, sewer, sewer maintenance
- Tax Lot 0327
- Assessor Parcel Number 17-5317-37-17-0327
Community Details
Overview
- No Home Owners Association
- 3 Units
- 3-Story Building
Building Details
- Income includes apartment rentals
- Insurance Expense $700
- Other Expense $4,777
- Trash Expense $720
- Operating Expense $6
- Net Operating Income $13,323
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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 |
|---|---|---|---|---|
| 09/27/2019 09/27/19 | Sold | $64,000 | -8.6% | $28 / Sq Ft |
| 07/31/2019 07/31/19 | Pending | -- | -- | -- |
| 07/29/2019 07/29/19 | For Sale | $70,000 | -- | $31 / 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 | $1,648 | $60,700 | $14,100 | $46,600 |
| 2024 | $2,695 | $60,700 | $14,100 | $46,600 |
| 2023 | $2,654 | $60,700 | $14,100 | $46,600 |
| 2022 | $2,654 | $60,700 | $14,100 | $46,600 |
| 2021 | $2,654 | $60,700 | $14,100 | $46,600 |
| 2020 | $2,627 | $60,700 | $14,100 | $46,600 |
| 2019 | $2,627 | $60,700 | $14,100 | $46,600 |
| 2018 | $2,627 | $60,700 | $14,100 | $46,600 |
| 2017 | $2,610 | $60,700 | $14,100 | $46,600 |
| 2016 | $1,491 | $60,700 | $14,100 | $46,600 |
| 2015 | $1,491 | $60,700 | $14,100 | $46,600 |
| 2014 | $1,372 | $60,700 | $14,100 | $46,600 |
Source: Public Records
Agents Affiliated with this Home
-
Jose Candelaria
Map
Source: Bright MLS
MLS Number: PABK100079
APN: 5317-37-17-0327
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