NOT LISTED FOR SALE

210 S 3rd St Reading, PA 19602

Downtown Reading Neighborhood
-- Bed
4 Baths
2,626 Sq Ft
2,178 Sq Ft Lot

Last Sold August 05, 2021

Last sale price $142,000 $54 Per Sq Ft

9 Days on Market

Highlights

  • Traditional Architecture
  • Hot Water Heating System
  • 3-minute walk to Riverfront Park
  • No HOA

About This Home

As of August 2021

What's that?? A cap rate over 10%??!! Can it be True??!! It sure is. Fully occupied cash flowing 4 unit property that's in great shape. You won't find Debt Coverage Ratios this good in this market. Check out:  323 S 8th St, Reading 822 Gordon St Reading 1235 Elm St Reading

Last Listed By

Judah Hoover

Keller Williams of Central PA License #RS333488 Listed on: 03/05/2021

Keller Williams of Central PA

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,081

Year Built

  • Built in 1900

Lot Details

  • 2,178 Sq Ft Lot

Parking

  • On-Street Parking

Home Design

  • Quadruplex
  • Traditional Architecture
  • Brick Exterior Construction

Interior Spaces

  • 2,626 Sq Ft Home
  • Basement Fills Entire Space Under The House

Utilities

  • Hot Water Heating System
  • Electric Water Heater

Community Details

  • No Home Owners Association
  • 4 Units

Listing and Financial Details

  • Tax Lot 6963
  • Assessor Parcel Number 05-5306-26-68-6963

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,081

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Property Sub Type: Quadruplex
  • Structure Type: Interior Row/Townhouse
  • Architectural Style: Traditional
  • Ownership: Fee Simple
  • New Construction: No
  • Year Built: 1900
  • Automatically Close On Close Date: No
  • Remarks Public: What's that?? A cap rate over 10%??!! Can it be True??!! It sure is. Fully occupied cash flowing 4 unit property that's in great shape. You won't find Debt Coverage Ratios this good in this market. Check out:  323 S 8th St, Reading 822 Gordon St Reading 1235 Elm St Reading
  • Special Features: None

Interior Features

  • Basement: Yes
  • Basement Type: Full
  • Total Sq Ft: 2626
  • Living Area Sq Ft: 2626
  • Price Per Sq Ft: 66.64
  • Above Grade Finished Sq Ft: 2626
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 210

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Brick
  • 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: Hot Water
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • HOA: 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: 38800.00
  • Land Assessed Value: 8800.00
  • Land Use Code: 138R
  • Lot Size Acres: 0.05
  • Lot Dimensions: 0.00 x 0.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 2178.00
  • Year Assessed: 2021
  • Zoning: 138R RES: 2-4 FAM, ROW, 3
  • Zoning Description: 138R Res: 2-4 Fam, Row, 3 Sty, Brick

Rental Info

  • Existing Lease Type: Month To Month
  • Number Of Units Month To Month: 4
  • Rent Control: No
  • Total Actual Rent: 26700.00
  • Units Leased Count: 4
  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 1442997
  • School Tax: 853.00
  • Tax Annual Amount: 2081.00
  • Assessor Parcel Number: 05-5306-26-68-6963
  • Tax Lot: 6963
  • Tax Total Finished Sq Ft: 2626
  • County Tax Payment Frequency: Annually
  • Tax Year: 2020
  • Close Date: 08/05/2021

Multi Family

  • Other Units: Unit 1,Unit 2,Unit 4,Unit 3

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
08/05/2021 08/05/21 Sold $142,000 -18.9% $54 / Sq Ft
03/14/2021 03/14/21 Pending -- -- --
03/05/2021 03/05/21 For Sale $175,000 -- $67 / Sq Ft
Source: Bright MLS

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Judah Hoover

    Seller's Agent in 2021

    Judah Hoover

    Keller Williams of Central PA

    (717) 330-6648

    1 in this area

    80 Total Sales

    Judah Hoover
    Section Image
  • Suzi Ford

    Buyer's Agent in 2021

    Suzi Ford

    Springer Realty Group

    (484) 336-8677

    1 in this area

    49 Total Sales

    Suzi Ford
    Section Image
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Map

Source: Bright MLS

MLS Number: PABK374132

Bright MLS

APN: 5306-26-68-6963

Pennsylvania Berks County Reading 19602 Downtown Reading

210 S 3rd St, Reading, PA

Homes for Sale in Reading, PA

This home is located at 210 S 3rd St, Reading, PA 19602 since 05 March 2021. This property was built in 1900. 210 S 3rd St is a home located in Berks County with nearby schools including Tyson-Schoener Elementary School, Southwest Middle School, and Reading Senior High School.

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