Sheldon Zimmerman
Peak Asset Realty
(223) 216-2011
216 Total Sales
1 in Sixth Ward
$77,000 Price
211 N 2nd St Reading, PA 19601
Sixth Ward NeighborhoodEstimated Value: $175,005
5
Beds
1.5
Baths
1,608
Sq Ft
$109/Sq Ft
Est. Value
Highlights
- Traditional Architecture
- Forced Air Heating System
- Vinyl Flooring
- No HOA
About This Home
As of May 2024Introducing a lucrative investment opportunity - a portfolio of 7 properties in prime locations. This portfolio offers a diverse range of properties, each with its unique charm and potential for high returns.
The properties included in this portfolio are:
1. 312 Bern St, Reading, PA,19601
2. 318 Bern St, Reading, PA,19601
3. 644 Birch St,Reading, PA,19604
4. 1130 Buttonwood St,Reading, PA,19604
5. 211 N. 2nd St, Reading, PA,19601
6. 1026 Spring St, Reading, PA,19604
7. 1208 Fidelity St, Reading, PA,19604
With a combined net operating income of $104,379, this portfolio is a profitable venture. The owner's expenses are limited to real estate taxes and insurance, allowing for maximum profitability. Tenants are responsible for all utilities.
The portfolio boasts an impressive cap rate of 9.6%, demonstrating the strong income potential and value of these properties.
The entire portfolio is being offered at a package price of $1,085,000. However, the owner is open to selling each property individually. To inquire about the individual pricing for each property, please reach out for further details.
It's important to note that all properties, except for 1026 Spring St, are currently occupied. This provides immediate cash flow and reduces the need for finding new tenants.
Investing in this 7-property portfolio offers a unique opportunity to diversify your real estate holdings and maximize your investment potential. Don't miss out on this chance to secure a strong and profitable investment. Contact us today to inquire about individual property prices and take the first step towards building your real estate portfolio.
Last Agent to Sell the Property
(610) 373-9900 josephcolonrealtor@gmail.com Coldwell Banker Realty Listed on: 03/21/2024
Co-Listed By
(610) 373-9900 giselle.delgado@cbrealty.com Coldwell Banker Realty License #RS361489
Last Buyer's Agent
(610) 484-8663 nelsongamezrealtor@gmail.com Realty One Group Alliance License #RS336061
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Townhouse Details
Home Type
- Townhome
Est. Annual Taxes
- $748
Year Built
- Built in 1900
Lot Details
- 871 Sq Ft Lot
- Property is in good condition
Parking
- On-Street Parking
Home Design
- Traditional Architecture
- Brick Exterior Construction
- Plaster Walls
- Concrete Perimeter Foundation
Interior Spaces
- 1,608 Sq Ft Home
- Property has 3 Levels
- Vinyl Flooring
Bedrooms and Bathrooms
- 5 Bedrooms
Basement
- Basement Fills Entire Space Under The House
- Laundry in Basement
Utilities
- Window Unit Cooling System
- Forced Air Heating System
- Heating System Uses Natural Gas
- Electric Water Heater
Community Details
- No Home Owners Association
- Reading Subdivision
Listing and Financial Details
- Tax Lot 2485
- Assessor Parcel Number 06-5307-74-61-2485
Ownership History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Mar 21, 2024
Closed on
May 21, 2024
Sold by
Bought by
Seller's Agent
Joseph Colon
Coldwell Banker Realty
Buyer's Agent
Ron and Gigi Batista Team
Realty One Group Alliance
List Price
$155,000
Sold Price
$165,000
Premium/Discount to List
$10,000
6.45%
Views
61
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$10,005
Avg. Annual Appreciation
2.72%
Original Mortgage
$8,250
Outstanding Balance
$8,074
Interest Rate
7.17%
Estimated Equity
$166,931
Purchase Details
Closed on
Apr 12, 2023
Sold by
Bought by
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$266,250
Interest Rate
6.4%
Mortgage Type
New Conventional
Purchase Details
Closed on
Jun 24, 2019
Sold by
Bought by
Purchase Details
Closed on
Jul 27, 2005
Sold by
Bought by
Purchase Details
Closed on
Mar 23, 2005
Sold by
Bought by
Home Values in the Area
Average Home Value in this Area
Agents Specializing in Sixth Ward, PA
-
Sheldon Zimmerman
-
Erica Fair
Erica Fair
Iron Valley Real Estate of Berks
(484) 388-4814
158 Total Sales
2 in Sixth Ward
$34K - $143K Price Range
-
Anthony Borelli
Anthony Borelli
Century 21 Gold
(484) 755-3767
269 Total Sales
2 in Sixth Ward
$102K - $105K Price Range
-
Ashley Bleacher
Ashley Bleacher
Howard Hanna Real Estate Services - Lancaster
(223) 217-6212
255 Total Sales
1 in Sixth Ward
$187,000 Price
-
Marcus Gonzalez
Marcus Gonzalez
Atlas Land and Homes
(223) 216-5019
93 Total Sales
1 in Sixth Ward
$129,900 Price
-
Ivonn Reyes
Ivonn Reyes
Responds QuicklyIron Valley Real Estate of Berks
(484) 642-1605
141 Total Sales
2 in Sixth Ward
$190K - $205K Price Range
Purchase History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| $165,000 | Stewart Title | ||
| $355,000 | Stewart Title | ||
| $30,500 | Sentry Abstract Co | ||
| $18,000 | -- | ||
| $8,500 | -- |
Source: Public Records
Mortgage History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | $8,250 | ||
| Open | $160,050 | ||
| Previous Owner | $266,250 |
Source: Public Records
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 05/30/2024 05/30/24 | Sold | $165,000 | 0.0% | $103 / Sq Ft |
| 04/09/2024 04/09/24 | Price Changed | $165,000 | +6.5% | $103 / Sq Ft |
| 04/02/2024 04/02/24 | Pending | -- | -- | -- |
| 03/21/2024 03/21/24 | For Sale | $155,000 | -- | $96 / Sq Ft |
Source: Bright MLS
Tax History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2026 | $483 | $17,100 | $5,300 | $11,800 |
| 2025 | $464 | $17,100 | $5,300 | $11,800 |
| 2024 | $759 | $17,100 | $5,300 | $11,800 |
| 2023 | $748 | $17,100 | $5,300 | $11,800 |
| 2022 | $748 | $17,100 | $5,300 | $11,800 |
| 2021 | $748 | $17,100 | $5,300 | $11,800 |
| 2020 | $740 | $17,100 | $5,300 | $11,800 |
| 2019 | $740 | $17,100 | $5,300 | $11,800 |
| 2018 | $740 | $17,100 | $5,300 | $11,800 |
| 2017 | $735 | $17,100 | $5,300 | $11,800 |
| 2016 | $420 | $17,100 | $5,300 | $11,800 |
| 2015 | $420 | $17,100 | $5,300 | $11,800 |
| 2014 | $386 | $17,100 | $5,300 | $11,800 |
Source: Public Records
Agents Affiliated with this Home
-
Joseph Colon
Seller's Agent in 2024
Joseph Colon
Coldwell Banker Realty
(484) 650-6749
7 in this area
204 Total Sales
-
Giselle Delgado
Seller Co-Listing Agent in 2024
Giselle Delgado
Coldwell Banker Realty
(610) 373-9900
1 in this area
33 Total Sales
-
Ron and Gigi Batista Team
Buyer's Agent in 2024
Ron and Gigi Batista Team
Realty One Group Alliance
(610) 780-3205
2 in this area
110 Total Sales
Map
Source: Bright MLS
MLS Number: PABK2040946
APN: 06-5307-74-61-2485
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Some properties which appear for sale on the website may no longer be available because they are for instance, under contract, sold or are no longer being offered for sale.
Property information displayed is deemed reliable but is not guaranteed.
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