NOT LISTED FOR SALE
-- Bed
-- Bath
4,600 Sq Ft
4,792 Sq Ft Lot

Last Sold December 30, 2015

Last sale price $170,000 $37 Per Sq Ft

95 Days on Market

Highlights

  • Wood Flooring
  • En-Suite Primary Bedroom
  • Laundry Facilities
  • No HOA
  • Hot Water Heating System
  • Replacement Windows

About This Home

As of December 2015

This 8 unit apartment building is in turn key condition. Building has been extremely well maintained, and has recently been updated with gas heat and a 400 amp breaker panel. The occupancy rate is very high and there are a number of long term tenants. All units are rented. This property produces an excellent cash flow, and the basement laundry provides additional income for the owner. If you are a serious investor, do not miss this opportunity to add this outstanding property to your investment portfolio! Act now while interest rates are still low. Qualified Investors only. Call for details.

Last Listed By

John Tomaszewski

RE/MAX Of Reading License #RS142081A Listed on: 08/28/2015

RE/MAX Of Reading

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1945

Lot Details

  • 4,792 Sq Ft Lot
  • Property is in good condition

Parking

  • On-Street Parking

Home Design

  • Brick Exterior Construction
  • Brick Foundation
  • Stone Foundation
  • Pitched Roof
  • Shingle Roof
  • Vinyl Siding
  • Concrete Perimeter Foundation

Interior Spaces

  • En-Suite Primary Bedroom
  • 4,600 Sq Ft Home
  • Replacement Windows
  • Unfinished Basement
  • Basement Fills Entire Space Under The House

Flooring

  • Wood
  • Wall to Wall Carpet
  • Laminate
  • Tile or Brick
  • Vinyl

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Radiator
  • Heating System Uses Gas
  • Hot Water Heating System
  • 200+ Amp Service
  • Natural Gas Water Heater
  • Satellite Dish
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 5146
  • Assessor Parcel Number 19-5307-38-17-5146

Community Details

Building Details

  • Income includes laundry
  • Electric Expense $602
  • Insurance Expense $3,609
  • Other Expense $1,740
  • Operating Expense $20,481

Additional Features

  • No Home Owners Association
  • Laundry Facilities

Property Details

Home Type

Multi-Family

Year Built

Built in 1945

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Structure Type: Detached
  • Ownership: Fee Simple
  • Inclusions: 8 Refrigerators, 8 Stoves, 2 Washers,2 Dryers( Coin Operated)
  • New Construction: No
  • Other Expense: 1740.00
  • Storage: Basement
  • Year Built: 1945
  • Remarks Public: This 8 unit apartment building is in turn key condition. Building has been extremely well maintained, and has recently been updated with gas heat and a 400 amp breaker panel. The occupancy rate is very high and there are a number of long term tenants. All units are rented. This property produces an excellent cash flow, and the basement laundry provides additional income for the owner. If you are a serious investor, do not miss this opportunity to add this outstanding property to your investment portfolio! Act now while interest rates are still low. Qualified Investors only. Call for details.
  • Special Features: VirtualTour
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring Type: Wood, Fully Carpeted, Vinyl, Tile/Brick, Laminated
  • Window Features: Replacement
  • Fireplace: No
  • Foundation Details: Stone, Concrete Perimeter, Brick/Mortar
  • Room List: Primary Bedroom
  • Basement: Yes
  • Basement Type: Full, Unfinished
  • Laundry Type: Common
  • Total Sq Ft: 4600
  • Living Area Sq Ft: 4600
  • Price Per Sq Ft: 47.80
  • Above Grade Finished Sq Ft: 4600
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 1339

Exterior Features

  • Other Structures: Above Grade
  • Construction Materials: Vinyl Siding, Brick
  • Construction Completed: No
  • Exterior Features: Sidewalks, Street Lights, Satellite Dish
  • Roof: Pitched, Shingle
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Parking Features: Street
  • Type Of Parking: On Street

Utilities

  • Annual Heating Expense: 3750.00
  • Central Air Conditioning: No
  • Cooling Type: Wall Unit
  • Electric Expense: 602.00
  • Electric Service: 200+ Amp Service, Circuit Breakers
  • Heating Fuel: Natural Gas
  • Heating Type: Gas, Hot Water, Radiator
  • Heating: Yes
  • Hot Water: Natural Gas
  • Sewer/Septic System: Public Sewer
  • Utilities: Cable Tv Available
  • Water Sewer Expenses: 6215.00
  • Water Source: Public

Condo/Co-op/Association

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

Schools

  • School District: READING
  • School District Key: 300200397169

Lot Info

  • Land Use Code: 4200
  • Lot Size Acres: 0.11
  • Lot Dimensions: IRREG
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 4792.00
  • Property Condition: Good
  • Zoning: RES

Rental Info

  • Vacation Rental: No

Multi Family

  • Gross Income: 53320.00
  • Income Includes: Laundry
  • Other Units: Unit 1,Unit 2,Unit 4,Unit 5,Unit 8,Unit 3,Unit 6,Unit 7

Tax Info

  • Assessor Parcel Number: 1466606
  • Tax Annual Amount: 4565.00
  • Assessor Parcel Number: 19-5307-38-17-5146
  • Tax Lot: 5146
  • Tax Year: 2015
  • Close Date: 12/30/2015

MLS Schools

  • School District Name: READING

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/30/2015 12/30/15 Sold $170,000 -22.7% $37 / Sq Ft
12/01/2015 12/01/15 Pending -- -- --
08/28/2015 08/28/15 For Sale $219,900 -- $48 / Sq Ft
Source: Bright MLS

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: Bright MLS

MLS Number: 1002627552

Bright MLS