1701 N 15th St Reading, PA 19604
College Heights NeighborhoodEstimated payment $2,707/month
Highlights
- Traditional Architecture
- 2 Car Detached Garage
- Hot Water Heating System
- Corner Lot
About This Home
Charming Brick Tudor Revival in Desirable College Heights!
Step into this Brick Tudor Revival that beautifully blends period craftsman detailing with timeless charm! Nestled in a sought-after College Heights location, enjoy the convenience of being within walking distance to Albright College, public transportation, and shopping. Experience the enchanting vibe of tree-lined streets doted with fine homes in this picturesque neighborhood.
This property features three licensed rental units, each with private entrances and character reminiscent of the 1930s. Perfect for an owner-occupant or savvy investor, this home also includes a two-car garage that provides additional rental income. long term tenants all on Month to Month leases.
Rental Units Overview:
Unit #1 (Ground Floor): Spacious living room, two bedrooms, a dining room area , galley kitchen, and bath. Rent: $900/month (includes electric paid by landlord's meter) .
Unit #2 ( middle): foyer from front entrance , large eat-in kitchen, three bedrooms, the one smaller bedroom is used as closet by current tenant and a bath. Rent: $900/month (tenant pays electric).
Unit #3 (Third Floor) Generously sized living room, dining area, galley kitchen, one bedroom, and a bathroom. Rent: $900/month.
Two-Car Garage: Additional rental income at $1,500/year rented to a neighbor for a very long time
Additionally, a coin-operated washer and dryer for tenants generates an extra $300 in income, resulting in Gross Annual Income of $34,200
Key Updates:
- Slate roof installed by the previous owner in 2015
- New gas heating system 2023
- New gas hot water heater 2023
-Updated electrical panels
Rents are low -lots of potential for added income. All are Month to Month
Easy to show with 24 hr. notice - Master Key used to access all units except garage.
Sale will be part of Seller's 1031 Exchange
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $5,751
Year Built
- Built in 1930
Lot Details
- 6,098 Sq Ft Lot
- Corner Lot
Parking
- 2 Car Detached Garage
- Rear-Facing Garage
- On-Street Parking
Home Design
- Triplex
- Traditional Architecture
- Brick Exterior Construction
- Block Foundation
Interior Spaces
- 2,673 Sq Ft Home
- Basement Fills Entire Space Under The House
Utilities
- Hot Water Heating System
- Natural Gas Water Heater
Listing and Financial Details
- Tax Lot 3565
- Assessor Parcel Number 17-5317-23-39-3565
Community Details
Overview
- 3 Units
- 2-Story Building
Building Details
- Income includes apartment rentals, laundry
- Operating Expense $14,453
Map
Home Values in the Area
Average Home Value in this Area
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 04/01/2025 04/01/25 | Pending | -- | -- | -- |
| 03/29/2025 03/29/25 | For Sale | $399,999 | +135.3% | $150 / Sq Ft |
| 04/20/2018 04/20/18 | Sold | $170,000 | 0.0% | $64 / Sq Ft |
| 04/02/2018 04/02/18 | Off Market | $170,000 | -- | -- |
| 04/01/2018 04/01/18 | Pending | -- | -- | -- |
| 03/22/2018 03/22/18 | For Sale | $175,000 | +25.1% | $65 / Sq Ft |
| 11/30/2015 11/30/15 | Sold | $139,900 | 0.0% | $52 / Sq Ft |
| 07/27/2015 07/27/15 | Pending | -- | -- | -- |
| 07/22/2015 07/22/15 | For Sale | $139,900 | -- | $52 / Sq Ft |
Source: Bright MLS
MLS Number: PABK2054948
APN: 5317-23-39-3565
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