NOT LISTED FOR SALE

200 Philadelphia Ave Reading, PA 19607

-- Bed
3 Baths
4,004 Sq Ft
4,356 Sq Ft Lot

Last Sold January 25, 2019

Last sale price $135,000 $34 Per Sq Ft

22 Days on Market

Highlights

  • Federal Architecture
  • No HOA
  • Ceiling Fan
  • Wood Flooring
  • Porch
  • Hot Water Heating System

About This Home

As of January 2019

Steady's the word on this three-unit home which is 100% occupied! Great location, great investment! Economical natural gas heat. The first floor features two bedrooms and access to the basement for storage and laundry (washer and dryer and all refrigerators stay). The dining rooms in the 2nd and 3rd floor apartments could be used as second bedrooms (more revenue going forward!) Third floor is a solid, subsidized apartment.

Last Agent to Sell the Property

Judith Bispels

Iron Valley Real Estate of Lehigh Valley License #RS327141 Listed on: 12/07/2018

Iron Valley Real Estate of Lehigh Valley

Last Buyer's Agent

Dave Mattes

RE/MAX Of Reading License #RS-208588-L

RE/MAX Of Reading

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1915

Lot Details

  • 4,356 Sq Ft Lot
  • Property is in good condition

Parking

  • On-Street Parking

Home Design

  • Triplex
  • Federal Architecture
  • Frame Construction
  • Masonry

Interior Spaces

  • Ceiling Fan
  • Basement Fills Entire Space Under The House
  • Stove

Flooring

  • Wood
  • Carpet

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Porch

Schools

  • Governor Mifflin High School

Utilities

  • Heating System Uses Oil
  • Hot Water Heating System
  • Natural Gas Water Heater
  • Municipal Trash
  • Phone Available
  • Cable TV Available

Listing and Financial Details

  • The owner pays for common area maintenance, heat, sewer, water, trash collection, management
  • Tax Lot 9781
  • Assessor Parcel Number 77-4395-08-77-9781

Community Details

Overview

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

Building Details

  • Rent Control
  • Income includes apartment rentals
  • Insurance Expense $1,678
  • Maintenance Expense $1,200
  • Gross Income $26,640
  • Net Operating Income $14,601

Property Details

Home Type

Multi-Family

Year Built

Built in 1915

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Property Sub Type: Triplex
  • Structure Type: Interior Row/Townhouse
  • Architectural Style: Federal
  • Ownership: Fee Simple
  • Historic: No
  • Home Warranty: No
  • Inclusions: Refrigerators, washer dryer for first floor unit
  • New Construction: No
  • Year Built: 1915
  • Remarks Public: Steady's the word on this three-unit home which is 100% occupied! Great location, great investment! Economical natural gas heat. The first floor features two bedrooms and access to the basement for storage and laundry (washer and dryer and all refrigerators stay). The dining rooms in the 2nd and 3rd floor apartments could be used as second bedrooms (more revenue going forward!) Third floor is a solid, subsidized apartment.
  • Special Features: None

Interior Features

  • Appliances: Refrigerator, Stove, Washer, Dryer
  • Interior Amenities: Wood Floors, Ceiling Fan(s), Carpet
  • Fireplace: No
  • Basement: Yes
  • Basement Type: Full
  • Total Sq Ft: 5004
  • Living Area Sq Ft: 4004
  • Price Per Sq Ft: 53.10
  • Above Grade Finished Sq Ft: 3004
  • Below Grade Finished Sq Ft: 1000
  • Below Grade Sq Ft: 1000
  • Total Below Grade Sq Ft: 2000
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 200

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Frame, Masonry
  • Roof: Unknown
  • Spa: No
  • 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
  • Previous Twelve Months Electric Expense: 330.00
  • Gas Prev12 Months: 1920.00
  • Heating Fuel: Oil
  • Heating Type: Hot Water
  • Heating: Yes
  • Hot Water: Natural Gas
  • Sewer/Septic System: Public Sewer
  • Utilities: Sewer Available, Phone Available, Natural Gas Available, Electric Available, Cable Tv Available
  • Water Previous Twelve Months: 280.00
  • Water Source: Public
  • Municipal Trash: Yes

Condo/Co-op/Association

  • HOA: No
  • Association Recreation Fee: No

Schools

  • School District: GOVERNOR MIFFLIN
  • High School: GOVERNOR MIFFLIN
  • High School Source: Listing Agent
  • School District Key: 300200397317
  • School District Source: Listing Agent
  • High School: GOVERNOR MIFFLIN

Green Features

  • Clean Green Assessed: No

Lot Info

  • Improvement Assessed Value: 67200.00
  • Land Assessed Value: 30000.00
  • Lot Size Acres: 0.10
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 4356.00
  • Outdoor Living Structures: Porch(es)
  • Property Condition: Good
  • Zoning: 138 RES: 2-4 FAM

Rental Info

  • Existing Lease Type: Month To Month
  • Ground Rent Exists: No
  • Number Of Units Month To Month: 3
  • Owner Pays: Common Area Maintenance, Heat, Sewer, Water, Trash Collection, Management
  • Rent Control: Yes
  • Total Actual Rent: 26640.00
  • Units Leased Count: 3
  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 1563954
  • School Tax: 2731.00
  • Tax Annual Amount: 4170.00
  • Assessor Parcel Number: 77-4395-08-77-9781
  • Tax Lot: 9781
  • Tax Page Number: 3
  • County Tax Payment Frequency: Annually
  • Tax Data Updated: No
  • Tax Year: 2018
  • Close Date: 01/25/2019

Multi Family

  • Gross Income: 26640.00
  • Gross Scheduled Income: 26640.00
  • Income Includes: Apartment Rentals
  • Other Units: Unit 1

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
01/25/2019 01/25/19 Sold $135,000 -15.4% $34 / Sq Ft
12/29/2018 12/29/18 Pending -- -- --
12/07/2018 12/07/18 For Sale $159,500 -- $40 / Sq Ft
Source: Bright MLS

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Judith Bispels

    Seller's Agent in 2019

    Judith Bispels

    Iron Valley Real Estate of Lehigh Valley

    (610) 223-1941

    17 Total Sales

    Section Image
  • Dave Mattes

    Buyer's Agent in 2019

    Dave Mattes

    RE/MAX of Reading

    (610) 334-0294

    8 in this area

    375 Total Sales

    Section Image
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Map

Source: Bright MLS

MLS Number: PABK247180

Bright MLS

APN: 4395-08-77-9781

Pennsylvania Berks County Reading 19607

200 Philadelphia Ave, Reading, PA

This home is located at 200 Philadelphia Ave, Reading, PA 19607 since 07 December 2018. This property was built in 1915. 200 Philadelphia Ave is a home located in Berks County with nearby schools including Cumru Elementary School, Governor Mifflin Intermediate School, and Governor Mifflin Middle School.

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