Seller's Agent in 2024
Josue Morales
Simple Realty
(610) 451-2970
5 in this area
51 Total Sales
1611 N 11th St Reading, PA 19604
Northeast Reading Neighborhood
--
Bed
2
Baths
1,448
Sq Ft
3,049
Sq Ft Lot
Highlights
- 0.07 Acre Lot
- Electric Baseboard Heater
- 4-minute walk to Eleventh and Pike Playground
- 2 Car Detached Garage
About This Home
As of February 2024Welcome to this well-maintained tenant-occupied semi-detached 2 unit located in the heart of Northeast Reading. This property represents an excellent investment opportunity for those looking to own a rental property with reliable tenants already in place.
Property Information: This semi-detached home features 2 units. Unit 1 (1st floor) is a 1 bedroom and 1 bathroom apartment. Unit 2 (2nd & 3rd floor) is a 2 bedroom and 1 bathroom apartment. It is currently occupied by reliable tenants with leases in place, providing an immediate income stream for the new owner.
Tenant Information: Unit 1 tenant has a 1-year lease in place and pays $950/month Unit 2 has a 1-year lease in place and pays $1125/month. Both units pay their own utilities and have excellent rental payment history offering stability and income to the new owner. Owner is responsible for approximately $140/mon water/sewer/trash bill.
Location: This property is conveniently located near Albright College, Northeast Reading public schools, the Rockland shopping center, and public transportation, making it an attractive rental option for tenants.
Parking: A detached garage in the rear is offered to Unit 2 at an additional $125/month. Unit 1 is offered 1 off street parking space in the rear.
Investment Opportunity: This tenant-occupied semi-detached home presents an excellent opportunity for investors seeking immediate rental income. With a dependable tenant in place, you can start earning rental income from day one.
Additional Information: Signature Property Professionals is currently serving as property management and would love to continue property management services with the new owner.
This tenant-occupied semi-detached 2 unit is an attractive investment property with established tenants, providing a turnkey opportunity for investors. Don't miss this chance to own a well-maintained rental property with income potential. For more information and to schedule a viewing, please contact us today!
1611 N 11th St can also be purchased as part of a package/portfolio.
Total of 5 properties included-- to be sold at a discounted price if purchased as a complete package :
1611 N. 11th St, Reading City, 2 unit
837 Possum Ln, Exeter Twp, single family
2244 Reading Ave, Spring Twp, single family
2517 Eisenhower Ct, Spring Twp, single family
510 Shalter Ave, Muhlenberg Twp, single family
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $3,410
Year Built
- Built in 1930
Lot Details
- 3,049 Sq Ft Lot
Parking
- 2 Car Detached Garage
- 1 Off-Street Space
- Rear-Facing Garage
Home Design
- 1,448 Sq Ft Home
- Duplex
- Side-by-Side
- Brick Exterior Construction
- Stone Foundation
Utilities
- Wall Furnace
- Electric Baseboard Heater
- Electric Water Heater
Community Details
- 2 Units
Listing and Financial Details
- The owner pays for sewer, real estate taxes, trash collection, water
- Tax Lot 1195
- Assessor Parcel Number 17-5317-21-19-1195
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 02/12/2024 02/12/24 | Sold | $205,000 | -6.8% | $142 / Sq Ft |
| 01/09/2024 01/09/24 | Pending | -- | -- | -- |
| 11/28/2023 11/28/23 | Price Changed | $219,900 | -2.3% | $152 / Sq Ft |
| 11/09/2023 11/09/23 | For Sale | $225,000 | +121.7% | $155 / Sq Ft |
| 02/28/2020 02/28/20 | Sold | $101,500 | 0.0% | $55 / Sq Ft |
| 02/11/2020 02/11/20 | Pending | -- | -- | -- |
| 02/11/2020 02/11/20 | Off Market | $101,500 | -- | -- |
| 02/03/2020 02/03/20 | For Sale | $99,900 | +134.0% | $54 / Sq Ft |
| 12/11/2014 12/11/14 | Sold | $42,696 | -49.7% | $29 / Sq Ft |
| 11/18/2014 11/18/14 | Pending | -- | -- | -- |
| 07/08/2014 07/08/14 | For Sale | $84,900 | -- | $59 / Sq Ft |
Source: Bright MLS
Tax History Compared to Growth
Agents Affiliated with this Home
-
-
Seller Co-Listing Agent in 2024
Crystal Manon
Simple Realty
(610) 914-5211
5 in this area
68 Total Sales
-
Buyer's Agent in 2024
Jose Espinal Gil
Coldwell Banker Realty
(610) 816-3873
10 in this area
84 Total Sales
-
Seller's Agent in 2020
Jeffrey Martin
Century 21 Gold
(610) 207-8474
1 in this area
206 Total Sales
-
R
Seller's Agent in 2014
RALPH CHIODO
Platinum First Realty
-
Seller Co-Listing Agent in 2014
Karen Chiodo
EXP Realty, LLC
(610) 792-4800
91 Total Sales
Map
Source: Bright MLS
MLS Number: PABK2036730
APN: 5317-21-19-1195
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