Seller's Agent in 2019
Jose Candelaria
RE/MAX of Reading
(610) 207-8066
1 in this area
215 Total Sales
1350 Perkiomen Ave Reading, PA 19602
Saint Mary's Neighborhood
Studio
3
Baths
2,972
Sq Ft
3,920
Sq Ft Lot
Highlights
- 0.09 Acre Lot
- Corner Lot
- 4 Car Detached Garage
- Victorian Architecture
- No HOA
- Hot Water Heating System
About This Home
As of April 2019Huge Victorian brick 3 unit plus a huge 4 car garage fully rented with long term tenants. All units are very spacious and all with in unit washer & dryer. Unit 1, 1st floor has 5 rooms, 2 BRS, hardwood floor, all electric heat, hot water & cooking and all paid by the tenant, rented for $805/month by a 3 year tenant. Unit 2, 2nd floor has 5 rooms, 2 Private BRS, hardwood floor, all electric baseboard heat, hot water, cooking all paid by tenant, rented for $750/month by a 3 year tenant. Unit 3, 3rd floor has 4 rooms, 2 private BRS, Gas hot water heat, gas hot water and electric cooking all paid by tenant, rear deck with awesome 270 degree views, rented for $745/month by a Section 8 tenant. The huge 4 car garage is rented for $250/month and has a front and side entrance. 200 AMP electric main with 4 - 100 AMP breaker panels. Hardwired smoke detectors in the common areas. Covered and side composite front porch. Total annual income $30,600. Total expenses $4,786. Taxes: $2,449. Insurance: $489. Electric: $348. W/S-Trash-Recycling: $1500. Net income: $25,814. Cap Rate 21%. Fantastic money making investment property in need of some work but still a good buy! Being sold AS IS!
Last Agent to Sell the Property
(610) 670-2770 info@goberkscounty.com RE/MAX Of Reading License #RS193774L Listed on: 04/06/2019
Last Buyer's Agent
(610) 670-2770 info@goberkscounty.com RE/MAX Of Reading License #RS193774L Listed on: 04/06/2019
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $2,449
Year Built
- Built in 1900
Lot Details
- 3,920 Sq Ft Lot
- Corner Lot
- Property is in good condition
Parking
- 4 Car Detached Garage
- Front Facing Garage
- Side Facing Garage
- On-Street Parking
Home Design
- Triplex
- Victorian Architecture
- Brick Exterior Construction
- Stone Foundation
- Shingle Roof
- Asphalt Roof
- Stone Siding
Interior Spaces
- 2,972 Sq Ft Home
- Basement Fills Entire Space Under The House
Utilities
- Heating System Uses Natural Gas
- Hot Water Heating System
- 200+ Amp Service
- Multi-Tank Natural Gas Water Heater
- Municipal Trash
Listing and Financial Details
- The owner pays for insurance, sewer, real estate taxes, trash collection, water
- Tax Lot 5635
- Assessor Parcel Number 16-5316-31-28-5635
Community Details
Overview
- No Home Owners Association
- 3 Units
Building Details
- Income includes apartment rentals
- Insurance Expense $489
- Other Expense $4,197
- Operating Expense $4,786
- Gross Income $30,600
- Net Operating Income $25,814
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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 |
|---|---|---|---|---|
| 04/17/2019 04/17/19 | Sold | $125,000 | 0.0% | $42 / Sq Ft |
| 04/06/2019 04/06/19 | Pending | -- | -- | -- |
| 04/06/2019 04/06/19 | For Sale | $125,000 | -- | $42 / 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 | $1,536 | $56,600 | $19,600 | $37,000 |
| 2024 | $2,513 | $56,600 | $19,600 | $37,000 |
| 2023 | $2,474 | $56,600 | $19,600 | $37,000 |
| 2022 | $2,474 | $56,600 | $19,600 | $37,000 |
| 2021 | $2,474 | $56,600 | $19,600 | $37,000 |
| 2020 | $2,449 | $56,600 | $19,600 | $37,000 |
| 2019 | $2,449 | $56,600 | $19,600 | $37,000 |
| 2018 | $2,449 | $56,600 | $19,600 | $37,000 |
| 2017 | $2,433 | $56,600 | $19,600 | $37,000 |
| 2016 | $1,390 | $56,600 | $19,600 | $37,000 |
| 2015 | $1,390 | $56,600 | $19,600 | $37,000 |
| 2014 | $1,279 | $56,600 | $19,600 | $37,000 |
Source: Public Records
Agents Affiliated with this Home
-
Jose Candelaria
Map
Source: Bright MLS
MLS Number: PABK339176
APN: 5316-31-28-5635
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