NOT LISTED FOR SALE

211 Revere Blvd Reading, PA 19609

-- Bed
3 Baths
1,856 Sq Ft
5,663 Sq Ft Lot

Last Sold January 10, 2019

Last sale price $185,000 $100 Per Sq Ft

Highlights

  • No HOA
  • 2 Car Detached Garage
  • Forced Air Heating System
  • Wilson High School Rated A-
  • En-Suite Primary Bedroom
  • Ceiling Fan

About This Home

As of January 2019

This fantastic 3-unit property offers excellent cash flow in a high demand location. Located along a high-traffic area on 724 in Lincoln Park, but offers 3 off-street parking spots with a garage that is currently unrented, but could bring in additional monies. Garage is occupied by a neighbor at no charge in exchange for lawn and snow maintenance. The first floor unit enters into a cozy Kitchen followed by an enormous living room with a brick wood burning fireplace (unusable). The carpet in this unit is new. An unheated den/storage room is just off of the living room with lots of daylight. The bedroom has a private bathroom and great closet space. The second floor unit also offers a very spacious layout with an eat-in Kitchen, private deck, a cute bathroom, and lots of natural light. The third-floor unit is a Studio style apartment, but is quite large with a full bath including a tiled shower, and has TONS of closet storage area. The basement of the building is unfinished and with the right investor, a fourth studio apartment might be possible for added revenue because it has plumbing roughed in for a bathroom. The garage roof was replaced in March of 2018 and the main buildings roof is only 2 years old. This building has had very little turnover during the current owner's possession. The property will be sold as-is, but inspections are welcomed. Contact me to set up a showing on this easy-to-market apartment in Wilson School District!

Last Agent to Sell the Property

Dana Riegel

(610) 451-2324 driegel@goberkscounty.com RE/MAX Of Reading Listed on: 09/25/2018

RE/MAX Of Reading

Last Buyer's Agent

CECILE GRIMSHAW

(484) 400-6893 cgrim06@gmail.com United Real Estate Strive 212 License #RS342795

United Real Estate Strive 212

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,185

Year Built

  • Built in 1929

Lot Details

  • 5,663 Sq Ft Lot
  • Property is in good condition

Parking

  • 2 Car Detached Garage
  • 3 Open Parking Spaces
  • Driveway
  • On-Street Parking

Home Design

  • Flat Roof Shape
  • Brick Exterior Construction
  • Metal Roof

Interior Spaces

  • En-Suite Primary Bedroom
  • 1,856 Sq Ft Home
  • Ceiling Fan
  • Unfinished Basement
  • Basement Fills Entire Space Under The House

Flooring

  • Wall to Wall Carpet
  • Vinyl

Utilities

  • Forced Air Heating System
  • Heating System Uses Gas
  • Natural Gas Water Heater
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 6887
  • Assessor Parcel Number 80-4396-17-10-6887

Community Details

Overview

  • No Home Owners Association
  • 3 Units

Building Details

  • Electric Expense $790
  • Insurance Expense $1,864
  • Operating Expense $9,459

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,185

Year Built

Built in 1929

Lot Details

0

Parking

2

Listing Details

  • Property Type: Multi-Family
  • Structure Type: Detached
  • Ownership: Fee Simple
  • Exclusions: Tenants Personal Property
  • Inclusions: Range
  • New Construction: No
  • Year Built: 1929
  • Remarks Public: This fantastic 3-unit property offers excellent cash flow in a high demand location. Located along a high-traffic area on 724 in Lincoln Park, but offers 3 off-street parking spots with a garage that is currently unrented, but could bring in additional monies. Garage is occupied by a neighbor at no charge in exchange for lawn and snow maintenance. The first floor unit enters into a cozy Kitchen followed by an enormous living room with a brick wood burning fireplace (unusable). The carpet in this unit is new. An unheated den/storage room is just off of the living room with lots of daylight. The bedroom has a private bathroom and great closet space. The second floor unit also offers a very spacious layout with an eat-in Kitchen, private deck, a cute bathroom, and lots of natural light. The third-floor unit is a Studio style apartment, but is quite large with a full bath including a tiled shower, and has TONS of closet storage area. The basement of the building is unfinished and with the right investor, a fourth studio apartment might be possible for added revenue because it has plumbing roughed in for a bathroom. The garage roof was replaced in March of 2018 and the main buildings roof is only 2 years old. This building has had very little turnover during the current owner's possession. The property will be sold as-is, but inspections are welcomed. Contact me to set up a showing on this easy-to-market apartment in Wilson School District!
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring Type: Fully Carpeted, Vinyl
  • Interior Amenities: Ceiling Fan(s)
  • Fireplace: No
  • Room List: Primary Bedroom
  • Basement: Yes
  • Basement Type: Full, Unfinished
  • Total Sq Ft: 1856
  • Living Area Sq Ft: 1856
  • Price Per Sq Ft: 107.70
  • Above Grade Finished Sq Ft: 1856
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 211

Exterior Features

  • Other Structures: Above Grade
  • Construction Materials: Brick
  • Roof: Flat, Metal
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage Spaces: 2.00
  • Garage: Yes
  • Open Parking Spaces Count: 3
  • Parking Features: Asphalt Driveway
  • Number Of Detached Garage Spaces: 2
  • Total Garage And Parking Spaces: 5
  • Type Of Parking: On Street, Driveway, Detached Garage

Utilities

  • Annual Heating Expense: 1167.00
  • Central Air Conditioning: No
  • Electric Expense: 790.00
  • Heating Fuel: Natural Gas
  • Heating Type: Gas, Forced Air
  • Heating: Yes
  • Hot Water: Natural Gas
  • Sewer/Septic System: Public Sewer
  • Utilities: Cable Tv Available
  • Water Sewer Expenses: 1453.00
  • Water Source: Public

Condo/Co-op/Association

  • Condo Co-Op Association: No
  • HOA: No

Schools

  • School District: WILSON
  • School District Key: 300200397305

Lot Info

  • Improvement Assessed Value: 82700.00
  • Land Assessed Value: 29400.00
  • Land Use Code: 133
  • Lot Size Acres: 0.13
  • Lot Dimensions: IRREG
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 5663.00
  • Property Condition: Good
  • Zoning: RES

Rental Info

  • Vacation Rental: No

Multi Family

  • Gross Income: 24180.00
  • Other Units: Unit 1,Unit 2,Unit 3
  • Single Room Units Count: 1

Tax Info

  • Assessor Parcel Number: 1575357
  • Tax Annual Amount: 4185.00
  • Assessor Parcel Number: 80-4396-17-10-6887
  • Tax Lot: 6887
  • Tax Year: 2018
  • Close Date: 01/10/2019

MLS Schools

  • School District Name: WILSON

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 List to Sale Price per Sq Ft
01/10/2019 01/10/19 Sold $185,000 -7.5% $100 / Sq Ft
12/13/2018 12/13/18 Pending -- -- --
09/25/2018 09/25/18 For Sale $199,900 -- $108 / Sq Ft
Source: Bright MLS

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: 1007168764

Bright MLS

APN: 4396-17-10-6887