NOT LISTED FOR SALE

217 S 8th St Reading, PA 19602

Southeast Reading Neighborhood
-- Bed
2 Baths
2,020 Sq Ft
871 Sq Ft Lot

Last Sold October 26, 2015

Last sale price $27,000 $13 Per Sq Ft

73 Days on Market

Highlights

  • No HOA
  • Parking Storage or Cabinetry
  • Hot Water Heating System
  • 1 Car Attached Garage
  • En-Suite Primary Bedroom
  • Wall to Wall Carpet

About This Home

As of October 2015

Solid 3 unit investment opportunity. With a little cosmetic attention this large end of row multi-unit could be a real money maker. The three units consist of a large one bedroom, an efficieny unit with access to the 2nd story roof top deck, and a huge 2 bedroom apartment. There is also an attached garage which could also be rented to generate additional income. The full basement has a separate entrance from the outside so this space was used as a workshop and storage area by the previous landlord/owner. The gas mechanicals keep the expenses down with the efficient gas boiler only being 2 years old. Great opportunity for the beginning and seasoned investor alike.

Last Agent to Sell the Property

Justin Crossley

Iron Valley Real Estate of Berks License #AB067575 Listed on: 07/20/2015

Iron Valley Real Estate of Berks

Last Buyer's Agent

Justin Crossley

Iron Valley Real Estate of Berks License #AB067575 Listed on: 07/20/2015

Iron Valley Real Estate of Berks

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1900

Lot Details

  • 871 Sq Ft Lot
  • Property is in below average condition

Parking

  • 1 Car Attached Garage
  • 3 Open Parking Spaces
  • Parking Storage or Cabinetry
  • On-Street Parking

Home Design

  • 2,020 Sq Ft Home
  • Flat Roof Shape
  • Brick Exterior Construction
  • Stone Foundation
  • Pitched Roof
  • Shingle Roof
  • Stone Siding

Flooring

  • Wall to Wall Carpet
  • Vinyl

Bedrooms and Bathrooms

  • En-Suite Primary Bedroom

Unfinished Basement

  • Basement Fills Entire Space Under The House
  • Exterior Basement Entry

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Radiator
  • Heating System Uses Gas
  • Hot Water Heating System
  • 100 Amp Service
  • Natural Gas Water Heater

Listing and Financial Details

  • Tax Lot 5849
  • Assessor Parcel Number 02-5306-28-98-5849

Community Details

Overview

  • No Home Owners Association

Building Details

  • Insurance Expense $900
  • Other Expense $480
  • Operating Expense $6,135

Property Details

Home Type

Multi-Family

Year Built

Built in 1900

Lot Details

0

Parking

1

Listing Details

  • Property Type: Multi-Family
  • Structure Type: Interior Row/Townhouse
  • Ownership: Fee Simple
  • Inclusions: 3 Stoves/Ranges, 3 Refrigerators
  • New Construction: No
  • Other Expense: 480.00
  • Storage: Garage
  • Year Built: 1900
  • Remarks Public: Solid 3 unit investment opportunity. With a little cosmetic attention this large end of row multi-unit could be a real money maker. The three units consist of a large one bedroom, an efficieny unit with access to the 2nd story roof top deck, and a huge 2 bedroom apartment. There is also an attached garage which could also be rented to generate additional income. The full basement has a separate entrance from the outside so this space was used as a workshop and storage area by the previous landlord/owner. The gas mechanicals keep the expenses down with the efficient gas boiler only being 2 years old. Great opportunity for the beginning and seasoned investor alike.
  • Special Features: VirtualTour
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring Type: Fully Carpeted, Vinyl
  • Fireplace: No
  • Entry Location: Common
  • Foundation Details: Stone
  • Room List: Primary Bedroom
  • Basement: Yes
  • Basement Type: Full, Unfinished, Outside Entrance
  • Total Sq Ft: 2020
  • Living Area Sq Ft: 2020
  • Price Per Sq Ft: 14.80
  • Above Grade Finished Sq Ft: 2020
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 217

Exterior Features

  • Other Structures: Above Grade
  • Construction Materials: Brick, Stone
  • Construction Completed: No
  • Exterior Features: Sidewalks
  • Roof: Flat, Pitched, Shingle
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage Spaces: 1.00
  • Garage: Yes
  • Open Parking Spaces Count: 3
  • Parking Features: Street
  • Attached Garage Spaces: 1
  • Total Garage And Parking Spaces: 4
  • Type Of Parking: On Street, Attached Garage

Utilities

  • Annual Heating Expense: 2000.00
  • Central Air Conditioning: No
  • Cooling Type: Wall Unit
  • Electric Service: 100 Amp Service, Circuit Breakers
  • Heating Fuel: Natural Gas
  • Heating Type: Gas, Hot Water, Radiator
  • Heating: Yes
  • Hot Water: Natural Gas
  • Sewer/Septic System: Public Sewer
  • Water Sewer Expenses: 1800.00
  • Water Source: Public

Condo/Co-op/Association

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

Schools

  • School District: READING
  • School District Key: 300200397169

Lot Info

  • Improvement Assessed Value: 18100.00
  • Land Assessed Value: 5500.00
  • Land Use Code: 138R
  • Lot Size Acres: 0.02
  • Lot Dimensions: IRREGULAR
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 871.00
  • Property Condition: Below Average
  • Zoning: RES

Rental Info

  • Vacation Rental: No

Multi Family

  • Gross Income: 18000.00
  • Other Units: Unit 1,Unit 2,Unit 3
  • Single Room Units Count: 1

Tax Info

  • Assessor Parcel Number: 1440419
  • Tax Annual Amount: 955.00
  • Assessor Parcel Number: 02-5306-28-98-5849
  • Tax Lot: 5849
  • Tax Year: 2015
  • Close Date: 10/26/2015

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
10/26/2015 10/26/15 Sold $27,000 -15.6% $13 / Sq Ft
10/01/2015 10/01/15 Pending -- -- --
07/20/2015 07/20/15 For Sale $32,000 -- $16 / Sq Ft
Source: Bright MLS

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Justin Crossley

    Seller's Agent in 2015

    Justin Crossley

    Iron Valley Real Estate of Berks

    (610) 451-2169

    45 Total Sales

    Justin Crossley
    Section Image
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Map

Source: Bright MLS

MLS Number: 1002660276

Bright MLS

APN: 5306-28-98-5849

Pennsylvania Berks County Reading 19602 Southeast Reading

217 S 8th St, Reading, PA

This home is located at 217 S 8th St, Reading, PA 19602 since 20 July 2015. This property was built in 1900. 217 S 8th St is a home located in Berks County with nearby schools including Amanda E. Stout Elementary School, Southern Middle School, and Reading Senior High School.

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