$75,000
SOLD NOV 5, 2019
-- Bed
-- Bath
2,061 Sq Ft
2,178 Sq Ft Lot

Recently Sold

$36 Per Sq Ft

6% Below List Price

14 Days on Market

Highlights

  • Second Kitchen
  • Traditional Architecture
  • Brick Porch or Patio
  • City View
  • No HOA
  • Forced Air Heating System

About This Home

As of December 2022

Don't miss out on the opportunity to add this fully rented property to your investment portfolio. This is a 2-unit, 3 story bldg ready for it's new investor. Unit 1 is a 1-bedroom; Unit 2 is a 3 bedroom (1 walk-thru). Current owner has made numerous improvements to the property, such as new kitchen in unit 1; new bathrm fixtures in unit 1; replaced floor in unit 2 kitchen; and, repaired walls throughout as necessary. New carpets throughout. Exterior of home has been painted. Current tenants both have leases in place that expire in 8/2020, with security deposits that will transfer over to new owner. Previous owner had replaced the roof in June or July of 2019. Tenants pay their own electric. Schedule your showing today!

Last Agent to Sell the Property

Diana Ortiz

EXP Realty, LLC Listed on: 08/15/2019

Last Buyer's Agent

Christopher Smith

Daryl Tillman Realty Group License #RS331849

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,779

Year Built

  • Built in 1900

Lot Details

  • 2,178 Sq Ft Lot
  • Property is in good condition

Parking

  • On-Street Parking

Home Design

  • Duplex
  • Traditional Architecture
  • Brick Exterior Construction

Interior Spaces

  • 2,061 Sq Ft Home
  • City Views
  • Basement Fills Entire Space Under The House

Kitchen

  • Second Kitchen
  • Stove

Outdoor Features

  • Brick Porch or Patio

Utilities

  • Forced Air Heating System
  • Electric Water Heater
  • Municipal Trash

Listing and Financial Details

  • The owner pays for gas
  • Tax Lot 1179
  • Assessor Parcel Number 15-5307-57-54-1179

Community Details

Overview

  • No Home Owners Association
  • 2 Units
  • 3-Story Building

Building Details

  • Income includes apartment rentals
  • Operating Expense $4,279
  • Net Operating Income $13,721

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,779

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Property Sub Type: Duplex
  • Structure Type: Interior Row/Townhouse
  • Architectural Style: Traditional
  • Ownership: Fee Simple
  • Historic: No
  • Home Warranty: No
  • Inclusions: All kitchen appliances currently in the home.
  • New Construction: No
  • Expected On Market: 2019-08-15
  • Year Built: 1900
  • Remarks Public: Don't miss out on the opportunity to add this fully rented property to your investment portfolio. This is a 2-unit, 3 story bldg ready for it's new investor. Unit 1 is a 1-bedroom; Unit 2 is a 3 bedroom (1 walk-thru). Current owner has made numerous improvements to the property, such as new kitchen in unit 1; new bathrm fixtures in unit 1; replaced floor in unit 2 kitchen; and, repaired walls throughout as necessary. New carpets throughout. Exterior of home has been painted. Current tenants both have leases in place that expire in 8/2020, with security deposits that will transfer over to new owner. Previous owner had replaced the roof in June or July of 2019. Tenants pay their own electric. Schedule your showing today!
  • Special Features: None

Interior Features

  • Appliances: Stove, Refrigerator
  • Interior Amenities: 2nd Kitchen
  • Fireplace: No
  • Basement: Yes
  • Basement Type: Full
  • Total Sq Ft: 2061
  • Living Area Sq Ft: 2061
  • Price Per Sq Ft: 38.77
  • Above Grade Finished Sq Ft: 2061
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 155

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Brick
  • Exterior Features: Street Lights
  • Spa: No
  • View: City
  • 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
  • Heating Fuel: Natural Gas
  • Heating Type: Forced Air
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Public Sewer
  • Utilities: Electric Available, Natural Gas Available
  • Water Source: Public
  • Municipal Trash: Yes

Condo/Co-op/Association

  • HOA: No
  • Association Recreation Fee: No

Schools

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

Green Features

  • Clean Green Assessed: No

Lot Info

  • Improvement Assessed Value: 30900.00
  • Land Assessed Value: 10200.00
  • Land Use Code: 138R
  • Lot Size Acres: 0.05
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 2178.00
  • Outdoor Living Structures: Brick
  • Property Condition: Good
  • Year Assessed: 2019
  • Zoning: 138R
  • Zoning Description: 138R Res: 2-4 Fam, Row, 3 Sty, Brick

Rental Info

  • Existing Lease Type: Yearly
  • Ground Rent Exists: No
  • Owner Pays: Gas
  • Rent Control: No
  • Total Actual Rent: 18000.00
  • Units Leased Count: 2
  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 1456709
  • School Tax: 737.00
  • School Tax Pymnt Freq: Annually
  • Tax Annual Amount: 1779.00
  • Assessor Parcel Number: 15-5307-57-54-1179
  • Tax Lot: 1179
  • Tax Total Finished Sq Ft: 2061
  • County Tax Payment Frequency: Annually
  • Tax Year: 2019
  • Close Date: 11/05/2019

Multi Family

  • Gross Income: 18000.00
  • Income Includes: Apartment Rentals
  • Operating Expense: 4279.00

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
12/29/2022 12/29/22 Sold $148,000 -1.3% $72 / Sq Ft
12/11/2022 12/11/22 Pending -- -- --
12/05/2022 12/05/22 For Sale $149,900 +99.9% $73 / Sq Ft
11/05/2019 11/05/19 Sold $75,000 -6.1% $36 / Sq Ft
08/30/2019 08/30/19 Pending -- -- --
08/15/2019 08/15/19 For Sale $79,900 +75.6% $39 / Sq Ft
07/17/2019 07/17/19 Sold $45,500 -9.0% $22 / Sq Ft
06/30/2019 06/30/19 Pending -- -- --
06/27/2019 06/27/19 For Sale $50,000 -- $24 / 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: PABK346320

Bright MLS

APN: 5307-57-54-1179