$201,000
SOLD OCT 25, 2024

1316 N 12th St Reading, PA 19604

Northeast Reading Neighborhood
-- Bed
-- Bath
1,706 Sq Ft
1,742 Sq Ft Lot

Recently Sold

$118 Per Sq Ft

1% Above List Price

4 Days on Market

Highlights

  • Forced Air Heating System
  • Ceiling Fan
  • 3-minute walk to Eleventh and Pike Playground

About This Home

As of October 2024

Prime Investment Opportunity in Reading!** This well-maintained, 2-unit property offers incredible potential for investors or owner-occupants alike. Unit 1 is a spacious 1-bedroom apartment, projected to rent for over $900/month, and will be delivered vacant—perfect for immediate occupancy or income generation. Unit 2 is a 3-bedroom apartment, currently rented for $1,250/month, providing steady cash flow. Whether you're looking to expand your investment portfolio or live in one unit while renting the other, this property is a rare find in today's market. Don’t miss out on this outstanding opportunity!

Last Agent to Sell the Property

Mr. Nelson Gamez

(484) 345-9135 nelsongamezrealtor@gmail.com Realty One Group Alliance License #RM426110 Listed on: 09/19/2024

Realty One Group Alliance

Last Buyer's Agent

Lucas Kramer

(610) 413-4518 lucaskramerrealtor@outlook.com Realty One Group Alliance License #rs360076

Realty One Group Alliance

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,419

Year Built

  • Built in 1910

Lot Details

  • 1,742 Sq Ft Lot

Parking

  • On-Street Parking

Home Design

  • Duplex
  • Flat Roof Shape
  • Pitched Roof
  • Shingle Roof
  • Stone Siding

Interior Spaces

  • 1,706 Sq Ft Home
  • Ceiling Fan
  • Basement Fills Entire Space Under The House

Schools

  • Northeast Middle School
  • Reading Senior High School

Utilities

  • Forced Air Heating System
  • Natural Gas Water Heater

Community Details

  • 2 Units
  • Northeast Reading Subdivision

Listing and Financial Details

  • The owner pays for heat, sewer, water
  • Tax Lot 5469
  • Assessor Parcel Number 17-5317-38-17-5469

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,419

Year Built

Built in 1910

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Property Sub Type: Duplex
  • Structure Type: Interior Row/Townhouse
  • Ownership: Fee Simple
  • New Construction: No
  • Year Built: 1910
  • Automatically Close On Close Date: No
  • Remarks Public: Prime Investment Opportunity in Reading!** This well-maintained, 2-unit property offers incredible potential for investors or owner-occupants alike. Unit 1 is a spacious 1-bedroom apartment, projected to rent for over $900/month, and will be delivered vacant—perfect for immediate occupancy or income generation. Unit 2 is a 3-bedroom apartment, currently rented for $1,250/month, providing steady cash flow. Whether you're looking to expand your investment portfolio or live in one unit while renting the other, this property is a rare find in today's market. Don’t miss out on this outstanding opportunity!
  • Special Features: None

Interior Features

  • Interior Amenities: Ceiling Fan(s)
  • Fireplace: No
  • Foundation Details: Other
  • Basement: Yes
  • Basement Type: Full
  • Total Sq Ft: 1706
  • Living Area Sq Ft: 1706
  • Price Per Sq Ft: 123.68
  • Above Grade Finished Sq Ft: 1706
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 1316

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Stone
  • Exterior Features: Sidewalks, Street Lights
  • Roof: Flat, Pitched, Shingle
  • 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
  • Heating Fuel: Natural Gas
  • Heating Type: Forced Air
  • Heating: Yes
  • Hot Water: Natural Gas
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Schools

  • School District: READING
  • Middle School: NORTHEAST
  • High School: READING SENIOR
  • Middle School Source: Listing Agent
  • School District Key: 300200397169
  • School District Source: Listing Agent
  • High School: READING SENIOR
  • Middle Or Junior School: NORTHEAST

Lot Info

  • Land Use Code: 138R
  • Lot Size Acres: 0.04
  • Lot Dimensions: 0.00 x 0.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 1742.00
  • Year Assessed: 2024
  • Zoning: RES

Rental Info

  • Owner Pays: Heat, Sewer, Water
  • Vacation Rental: No

Tax Info

  • Tax Annual Amount: 1419.00
  • Assessor Parcel Number: 17-5317-38-17-5469
  • Tax Lot: 5469
  • Tax Total Finished Sq Ft: 1706
  • County Tax Payment Frequency: Annually
  • Tax Year: 2017
  • Close Date: 10/25/2024

Multi Family

  • Other Units: Unit 1,Unit 2
  • Single Room Units Count: 1

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 Prior Sale
10/25/2024 10/25/24 Sold $201,000 -4.7% $118 / Sq Ft
09/23/2024 09/23/24 Pending -- -- --
09/23/2024 09/23/24 Price Changed $211,000 +6.1% $124 / Sq Ft
09/19/2024 09/19/24 For Sale $198,900 +337.1% $117 / Sq Ft
02/09/2018 02/09/18 Sold $45,500 -0.9% $27 / Sq Ft View Prior Sale
01/17/2018 01/17/18 Pending -- -- --
01/10/2018 01/10/18 For Sale $45,900 -- $27 / Sq Ft
Source: Bright MLS

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Mr. Nelson Gamez

    Seller's Agent in 2024

    Mr. Nelson Gamez

    Realty One Group Alliance

    (484) 345-9135

    15 in this area

    239 Total Sales

    Mr. Nelson Gamez
    Section Image

  • L

    Buyer's Agent in 2024

    Lucas Kramer

    Realty One Group Alliance

    (610) 413-4518

    2 in this area

    20 Total Sales

    Lucas Kramer
    Section Image
  • Jerry Buffa

    Seller's Agent in 2018

    Jerry Buffa

    Coldwell Banker Realty

    (484) 529-9521

    147 Total Sales

    Jerry Buffa
    Section Image
  • Jose Candelaria

    Buyer's Agent in 2018

    Jose Candelaria

    RE/MAX of Reading

    (610) 207-8066

    21 in this area

    213 Total Sales

    Jose Candelaria
    Section Image
See All Agents

Map

Source: Bright MLS

MLS Number: PABK2048838

Bright MLS

APN: 5317-38-17-5469

Pennsylvania Berks County Reading 19604 Northeast Reading

1316 N 12th St, Reading, PA

This home is located at 1316 N 12th St, Reading, PA 19604 and is currently priced at $201,000, approximately $117 per square foot. This property was built in 1910. 1316 N 12th St is a home located in Berks County with nearby schools including Thirteenth & Union El School, Northeast Middle School, and Reading Senior High School.

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