NOT LISTED FOR SALE
-- Bed
-- Bath
2,996 Sq Ft
2,614 Sq Ft Lot

Last Sold August 12, 2024

Last sale price $360,000 $120 Per Sq Ft

64 Days on Market

Highlights

  • 0.06 Acre Lot
  • Forced Air Heating System
  • Property is in very good condition
  • Luxury Vinyl Plank Tile Flooring

About This Home

As of August 2024

Welcome to 139 S 9th St, an investor's dream or an ideal owner-occupied residence where tenants cover your mortgage from day one. This recently renovated quadplex features two 2-bedroom units, one 1-bedroom unit, and a studio apartment, each boasting its own bathroom for convenience and privacy. The property has been thoughtfully updated with luxurious vinyl plank flooring throughout, brand new electrical systems, plumbing, and HVAC, ensuring modern comfort and efficiency. Each unit is separately metered, making utility management straightforward. With a gross annual rent exceeding $44,000, this property offers excellent cash flow potential. Don’t miss this fantastic opportunity to invest in a property that combines practicality and profitability. You wont want to miss out on this opportunity, Schedule your showings today!

Last Agent to Sell the Property

Robert Hoesterey

(302) 743-1063 rjhoesterey@gmail.com Crown Homes Real Estate License #RS341482 Listed on: 05/03/2024

Last Buyer's Agent

Robert Hoesterey

(302) 743-1063 rjhoesterey@gmail.com Crown Homes Real Estate License #RS341482 Listed on: 05/03/2024

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,215

Year Built

  • Built in 1890 | Remodeled in 2019

Lot Details

  • 2,614 Sq Ft Lot
  • Property is in very good condition

Parking

  • On-Street Parking

Home Design

  • Quadruplex
  • Flat Roof Shape
  • Brick Exterior Construction
  • Stone Foundation
  • Stone Siding

Interior Spaces

  • 2,996 Sq Ft Home
  • Basement Fills Entire Space Under The House

Kitchen

  • Electric Oven or Range
  • Built-In Microwave

Flooring

  • Carpet
  • Luxury Vinyl Plank Tile

Schools

  • Reading Senior High School

Utilities

  • Cooling System Utilizes Natural Gas
  • Forced Air Heating System
  • 100 Amp Service
  • Electric Water Heater

Community Details

  • 4 Units
  • 1 Vacant Unit

Listing and Financial Details

  • The owner pays for water, trash collection, sewer, common area maintenance
  • Tax Lot 1200
  • Assessor Parcel Number 03-5316-21-09-1200

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,215

Year Built

Built in 1890 | Remodeled in 2019

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Property Sub Type: Quadruplex
  • Structure Type: Twin/Semi-Detached
  • Ownership: Fee Simple
  • Exclusions: Security system and all cameras
  • New Construction: No
  • Year Built: 1890
  • Year Renovated: 2019
  • Automatically Close On Close Date: Yes
  • Remarks Public: Welcome to 139 S 9th St, an investor's dream or an ideal owner-occupied residence where tenants cover your mortgage from day one. This recently renovated quadplex features two 2-bedroom units, one 1-bedroom unit, and a studio apartment, each boasting its own bathroom for convenience and privacy. The property has been thoughtfully updated with luxurious vinyl plank flooring throughout, brand new electrical systems, plumbing, and HVAC, ensuring modern comfort and efficiency. Each unit is separately metered, making utility management straightforward. With a gross annual rent exceeding $44,000, this property offers excellent cash flow potential. Don’t miss this fantastic opportunity to invest in a property that combines practicality and profitability. You wont want to miss out on this opportunity, Schedule your showings today!
  • Special Features: None

Interior Features

  • Appliances: Oven/Range - Electric, Built-In Microwave, Refrigerator
  • Flooring Type: Luxury Vinyl Plank, Carpet
  • Fireplace: No
  • Foundation Details: Stone
  • Basement: Yes
  • Basement Type: Full
  • Total Sq Ft: 2996
  • Living Area Sq Ft: 2996
  • Price Per Sq Ft: 135.18
  • Above Grade Finished Sq Ft: 2996
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 139

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Brick, Stone
  • Roof: Flat
  • 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
  • Cooling Fuel: Natural Gas
  • Electric Service: 100 Amp Service
  • Heating Fuel: Natural Gas
  • Heating Type: Forced Air
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Public Sewer
  • Utilities: Natural Gas Available
  • Water Source: Public

Schools

  • School District: READING
  • High School: READING SENIOR
  • School District Key: 300200397169
  • School District Source: Listing Agent
  • High School: READING SENIOR

Lot Info

  • Lot Size Acres: 0.06
  • Lot Dimensions: 0.00 x 0.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 2613.60
  • Property Condition: Very Good, Good
  • Year Assessed: 2023
  • Zoning: RESD

Rental Info

  • Existing Lease Type: Month To Month, Long Term
  • Number Of Units Month To Month: 1
  • Owner Pays: Water, Trash Collection, Sewer, Common Area Maintenance
  • Total Actual Rent: 43200.00
  • Units Leased Count: 3
  • Vacation Rental: No

Tax Info

  • School Tax: 498.00
  • Tax Annual Amount: 1215.00
  • Assessor Parcel Number: 03-5316-21-09-1200
  • Tax Lot: 1200
  • Tax Total Finished Sq Ft: 2996
  • County Tax Payment Frequency: Annually
  • Tax Data Updated: No
  • Tax Year: 2023
  • Close Date: 08/12/2024

Multi Family

  • Number Of Units Vacant: 1
  • Other Units: Unit 1,Unit 2,Unit 4,Unit 3
  • 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 Change Sq Ft Price
08/12/2024 08/12/24 Sold $360,000 -11.1% $120 / Sq Ft
07/06/2024 07/06/24 Pending -- -- --
06/21/2024 06/21/24 Price Changed $405,000 0.0% $135 / Sq Ft
06/21/2024 06/21/24 For Sale $405,000 -3.5% $135 / Sq Ft
05/13/2024 05/13/24 Pending -- -- --
05/03/2024 05/03/24 For Sale $419,900 +2699.3% $140 / Sq Ft
07/03/2013 07/03/13 Sold $15,000 -40.0% --
07/02/2013 07/02/13 Pending -- -- --
05/21/2013 05/21/13 For Sale $25,000 -- --
Source: Bright MLS

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: PABK2042848

Bright MLS