NOT LISTED FOR SALE

1545 Cortland Ave Reading, PA 19607

-- Bed
3 Baths
2,614 Sq Ft
2,614 Sq Ft Lot

Last Sold August 19, 2016

Last sale price $82,000 $31 Per Sq Ft

344 Days on Market

Highlights

  • No HOA
  • Summer or Winter Changeover Switch For Hot Water
  • Hot Water Heating System
  • 1 Car Attached Garage
  • En-Suite Primary Bedroom
  • Wall to Wall Carpet

About This Home

As of August 2016

Back on the market with new price. 3 unit investment property in Kenhorst Boro with long term tenants. First floor tenant has access to the basement and the third unit has it's own side entrance. 2 of the 3 tennats are on the Housing Choice Voucher. Rents have not been raised in years. There is a garage attached to the house but mainly used as storage. Some TLC is needed. Property being sold "as is". Please allow 48hours for showings. Property has just been inspected by Kenhorst Boro and is up to code.

Last Agent to Sell the Property

Graziellina Kerber

RE/MAX Of Reading License #RS303086 Listed on: 08/31/2015

RE/MAX Of Reading

Last Buyer's Agent

Phil Macaronis

RE/MAX Of Reading License #RS122194A

RE/MAX Of Reading

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1920

Lot Details

  • 2,614 Sq Ft Lot

Parking

  • 1 Car Attached Garage
  • On-Street Parking

Home Design

  • Brick Exterior Construction
  • Metal Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • En-Suite Primary Bedroom
  • 2,614 Sq Ft Home
  • Unfinished Basement
  • Basement Fills Entire Space Under The House
  • Washer and Dryer Hookup

Flooring

  • Wall to Wall Carpet
  • Vinyl

Schools

  • Governor Mifflin High School

Utilities

  • Radiator
  • Heating System Uses Oil
  • Hot Water Heating System
  • 200+ Amp Service
  • Summer or Winter Changeover Switch For Hot Water

Listing and Financial Details

  • Tax Lot 6228
  • Assessor Parcel Number 54-5305-06-39-6228

Community Details

Overview

  • No Home Owners Association

Building Details

  • Electric Expense $3,600
  • Insurance Expense $1,167
  • Other Expense $120
  • Operating Expense $13,575

Property Details

Home Type

Multi-Family

Year Built

Built in 1920

Lot Details

0

Parking

1

Listing Details

  • Property Type: Multi-Family
  • Structure Type: Twin/Semi-Detached
  • Ownership: Fee Simple
  • Exclusions: Tenants Personal Property
  • Inclusions: Stoves, Refrigerators
  • New Construction: No
  • Other Expense: 120.00
  • Year Built: 1920
  • Remarks Public: Back on the market with new price. 3 unit investment property in Kenhorst Boro with long term tenants. First floor tenant has access to the basement and the third unit has it's own side entrance. 2 of the 3 tennats are on the Housing Choice Voucher. Rents have not been raised in years. There is a garage attached to the house but mainly used as storage. Some TLC is needed. Property being sold "as is". Please allow 48hours for showings. Property has just been inspected by Kenhorst Boro and is up to code.
  • Special Features: VirtualTour
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring Type: Fully Carpeted, Vinyl
  • Fireplace: No
  • Entry Location: Foyer
  • Foundation Details: Concrete Perimeter
  • Room List: Primary Bedroom
  • Basement: Yes
  • Basement Type: Full, Unfinished
  • Laundry Type: Hookup
  • Total Sq Ft: 2614
  • Living Area Sq Ft: 2614
  • Price Per Sq Ft: 34.39
  • Above Grade Finished Sq Ft: 2614
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 1545

Exterior Features

  • Other Structures: Above Grade
  • Construction Materials: Brick
  • Construction Completed: No
  • Exterior Features: Sidewalks, Street Lights
  • Roof: Metal
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage Spaces: 1.00
  • Garage: Yes
  • Parking Features: Street
  • Attached Garage Spaces: 1
  • Total Garage And Parking Spaces: 1
  • Type Of Parking: On Street, Attached Garage

Utilities

  • Annual Heating Expense: 3200.00
  • Central Air Conditioning: No
  • Electric Expense: 3600.00
  • Electric Service: 200+ Amp Service, Circuit Breakers
  • Heating Fuel: Oil
  • Heating Type: Oil, Hot Water, Radiator
  • Heating: Yes
  • Hot Water: S/W Changeover
  • Sewer/Septic System: Public Sewer
  • Water Sewer Expenses: 1555.00
  • Water Source: Public

Condo/Co-op/Association

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

Schools

  • School District: GOVERNOR MIFFLIN
  • High School: GOVERNOR MIFFLIN
  • School District Key: 300200397317
  • High School: GOVERNOR MIFFLIN

Lot Info

  • Improvement Assessed Value: 73000.00
  • Land Assessed Value: 26400.00
  • Lot Size Acres: 0.06
  • Lot Dimensions: IRREG
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 2614.00
  • Zoning: RES

Rental Info

  • Vacation Rental: No

Multi Family

  • Gross Income: 18036.00
  • Other Units: Unit 1,Unit 2,Unit 3

Tax Info

  • Assessor Parcel Number: 1526302
  • Tax Annual Amount: 3983.00
  • Assessor Parcel Number: 54-5305-06-39-6228
  • Tax Lot: 6228
  • Tax Year: 2016
  • Close Date: 08/19/2016

MLS Schools

  • School District Name: GOVERNOR MIFFLIN

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
08/19/2016 08/19/16 Sold $82,000 -41.4% $31 / Sq Ft
08/09/2016 08/09/16 Pending -- -- --
08/31/2015 08/31/15 For Sale $140,000 -- $54 / Sq Ft
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: 1002626756

Bright MLS

APN: 5305-06-39-6228