$229,000
SOLD OCT 10, 2024
-- Bed
-- Bath
2,074 Sq Ft
1,306 Sq Ft Lot

Recently Sold

$110 Per Sq Ft

3 Days on Market

Highlights

  • Traditional Architecture
  • Wall to Wall Carpet
  • 2-minute walk to City Park
  • Hot Water Heating System

About This Home

As of October 2024

This property is a rare find for any investor! It offers everything an owner could wish for. Each apartment features its own newer gas heating unit and individual gas hot water heater, with separate electric meters for each unit. As the owner, your responsibility is limited to covering water, sewer, and trash, while tenants handle their own gas and electric bills. These apartments are among the top 5% in Reading—truly the cream of the crop! The first-floor unit is a modern 2-bedroom with a contemporary kitchen, renting for $1,000. The second-floor unit is a spacious 3-4 bedroom with 1.5 baths, renting for $1,400. Properties like these are a rare find in Reading, especially in such excellent condition with reliable tenants. Plus, the location is unbeatable—situated right across from City Park, providing easy parking and making it highly desirable for tenants!

Last Agent to Sell the Property

Melissa Graham

(484) 987-8725 grahammelissa1992@gmail.com United Real Estate Strive 212 License #RS358416 Listed on: 08/30/2024

United Real Estate Strive 212

Last Buyer's Agent

Melissa Graham

(484) 987-8725 grahammelissa1992@gmail.com United Real Estate Strive 212 License #RS358416 Listed on: 08/30/2024

United Real Estate Strive 212

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,310

Year Built

  • Built in 1900

Lot Details

  • 1,306 Sq Ft Lot

Parking

  • On-Street Parking

Home Design

  • Traditional Architecture
  • Brick Exterior Construction
  • Stone Foundation
  • Pitched Roof
  • Metal Roof

Interior Spaces

  • 2,074 Sq Ft Home
  • Basement Fills Entire Space Under The House

Flooring

  • Wall to Wall Carpet
  • Vinyl

Utilities

  • Hot Water Heating System
  • 200+ Amp Service
  • Electric Water Heater
  • Cable TV Available

Community Details

  • 2 Units

Listing and Financial Details

  • Tax Lot 0239
  • Assessor Parcel Number 08-5317-69-11-0239

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,310

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Architectural Style: Traditional
  • Ownership: Fee Simple
  • New Construction: No
  • Expected On Market: 8/30/2024 12:00:00 AM
  • Year Built: 1900
  • Automatically Close On Close Date: No
  • Remarks Public: This property is a rare find for any investor! It offers everything an owner could wish for. Each apartment features its own newer gas heating unit and individual gas hot water heater, with separate electric meters for each unit. As the owner, your responsibility is limited to covering water, sewer, and trash, while tenants handle their own gas and electric bills. These apartments are among the top 5% in Reading—truly the cream of the crop! The first-floor unit is a modern 2-bedroom with a contemporary kitchen, renting for $1,000. The second-floor unit is a spacious 3-4 bedroom with 1.5 baths, renting for $1,400. Properties like these are a rare find in Reading, especially in such excellent condition with reliable tenants. Plus, the location is unbeatable—situated right across from City Park, providing easy parking and making it highly desirable for tenants!
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring Type: Fully Carpeted, Vinyl
  • Fireplace: No
  • Foundation Details: Stone
  • Room Count: 4
  • Basement: Yes
  • Basement Type: Full
  • Total Sq Ft: 2074
  • Living Area Sq Ft: 2074
  • Price Per Sq Ft: 110.41
  • Above Grade Finished Sq Ft: 2074
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 148

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Brick
  • Exterior Features: Sidewalks, Street Lights
  • Roof: Pitched, Metal
  • 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
  • Electric Service: 200+ Amp Service, Circuit Breakers
  • Heating Fuel: Natural Gas
  • Heating Type: Hot Water
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Public Sewer
  • Utilities: Cable Tv Available
  • Water Source: Public

Schools

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

Lot Info

  • Land Use Code: 138R
  • Lot Size Acres: 0.03
  • Lot Dimensions: 0.00 x 0.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 1306.00
  • Year Assessed: 2024
  • Zoning: RES

Rental Info

  • Vacation Rental: No

Tax Info

  • School Tax: 529.00
  • Tax Annual Amount: 1310.00
  • Assessor Parcel Number: 08-5317-69-11-0239
  • Tax Lot: 0239
  • Tax Total Finished Sq Ft: 2074
  • County Tax Payment Frequency: Annually
  • Tax Year: 2023
  • Close Date: 10/10/2024

Multi Family

  • Other Units: Unit 1,Unit 2

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
10/10/2024 10/10/24 Sold $229,000 0.0% $110 / Sq Ft
09/03/2024 09/03/24 Pending -- -- --
08/30/2024 08/30/24 For Sale $229,000 +17.5% $110 / Sq Ft
02/13/2023 02/13/23 Sold $194,900 0.0% $94 / Sq Ft
01/06/2023 01/06/23 Pending -- -- --
01/03/2023 01/03/23 For Sale $194,900 0.0% $94 / Sq Ft
06/05/2020 06/05/20 Rented $775 0.0% --
05/20/2020 05/20/20 For Rent $775 -- --
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: PABK2047456

Bright MLS

APN: 5317-69-11-0239