1407 Hill Rd Reading, PA 19602

Listing Details

• Property Type: Multi-Family
• Property Sub Type: Triplex
• Structure Type: Twin/Semi-Detached
• Architectural Style: Victorian
• Ownership: Fee Simple
• Exclusions: All tenant personal property
• Historic: No
• Inclusions: 3 refrigerators, 3 ranges, coin-op washer and dryer in basement
• New Construction: No
• Year Built: 1923
• Building Winterized: No
• Remarks Public: Stately Stone Semi-Detached 3- unit - Prime Location Near City Park! This charming triplex offers three spacious units, each over 1,000 sq. ft., with 2 generously sized bedrooms and large living areas. The unique architecture and craftsmanship reflect a quality rarely seen in anything built today. Located just half a block from the park, this property provides both convenience and tranquility, backing up to a wooded area. Recent upgrades include a 2019 roof replacement, most windows have been replaced, and significant electrical improvements have been made over the years . The basement includes a coin-operated washer and dryer, plus two storage units, with the potential for a third. Low taxes and efficient gas heat make this an economical choice for the investor looking to maximize their ROI. Tenants enjoy relaxing on the covered porches—two units feature rear porches with peaceful woodland views, while the large covered front porch is perfect for unwinding or entertaining. With low-maintenance, high-appeal features and the potential for even greater upside, this property is a standout investment opportunity. Schedule a showing today!
• Special Features: None

Interior Features

• Window Features: Replacement
• Fireplace: No
• Foundation Details: Stone
• Basement: Yes
• Basement Type: Improved
• Total Sq Ft: 3478
• Living Area Sq Ft: 3478
• Price Per Sq Ft: 96.32
• Above Grade Finished Sq Ft: 3478
• Above Grade Finished Area Units: Square Feet
• Street Number Modifier: 1407

Exterior Features

• Other Structures: Above Grade, Below Grade
• Construction Materials: Stone
• Roof: Architectural Shingle
• View: City, Trees/Woods
• 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: Electric
• Cooling Type: Window Unit(s)
• Monthly Average Electric: 50
• Previous Twelve Months Electric Expense: 600.00
• Electric Service: 200+ Amp Service
• Heating Fuel: Natural Gas
• Heating Type: Zoned
• Heating: Yes
• Hot Water: Natural Gas, Electric
• Sewer/Septic System: Public Sewer
• Utilities: Above Ground
• Monthly Water Average: 260
• Water Previous Twelve Months: 3120.00
• Water Source: Public
• Municipal Trash: Yes

Condo/Co-op/Association

• Association Recreation Fee: No

Schools

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

Lot Info

• Land Use Code: 133
• Lot Size Acres: 0.09
• Lot Dimensions: 0.00 x 0.00
• Lot Size Units: Square Feet
• Lot Sq Ft: 3920.00
• Property Condition: Good
• Year Assessed: 2025
• Zoning: R-3
• Zoning Description: residential

Rental Info

• Existing Lease Type: Month To Month
• Ground Rent Exists: No
• Number Of Units Month To Month: 3
• Owner Pays: Common Area Maintenance, Heat, Insurance, Sewer, Taxes - Real Estate, Trash Collection, Water
• Rent Control: No
• Total Actual Rent: 33300.00
• Units Leased Count: 3
• Vacation Rental: No

Tax Info

• School Tax: 1463.00
• Tax Annual Amount: 3678.00
• Assessor Parcel Number: 16-5317-18-20-7083
• Tax Lot: 7083
• Tax Total Finished Sq Ft: 3478
• County Tax Payment Frequency: Annually
• Tax Year: 2025

Multi Family

• Income Includes: Apartment Rentals, Laundry
• Operating Expense: 13160.00

MLS Schools

• School District Name: READING