NOT LISTED FOR SALE
-- Bed
2 Baths
1,379 Sq Ft
871 Sq Ft Lot

Last Sold February 13, 2023

Last sale price $165,000 $120 Per Sq Ft

16 Days on Market

About This Home

As of February 2023

Great 2-Unit Investment Property to add to your portfolio! This property has a good rate of return at 12%. This 2-unit is an end of row, conveniently located near city park with easy access to the bus route, and is fully occupied. Unit 1 is on the first floor with access at the rear of the building. It’s comprised of 3 rooms, 1 BR, living room, kitchen and full bath. There is also an enclosed front porch that adds to the living space of this unit. This unit is rented for $850.00 a month. Unit 2 is made up of 5 rooms and is located on the 2nd and 3rd floor, access is on the side of this house. This unit has 2 private bedrooms, a kitchen, living room and full bathroom, with hardwood floors and is rented for 1100.00 a month. Tenants pay for heat and hot water. Owner pays taxes, insurance and water/sewer/trash.

Last Agent to Sell the Property

Lori Minotto

(484) 638-0204 lminotto@c21gold.com Century 21 Gold License #RS352060 Listed on: 12/21/2022

Century 21 Gold

Last Buyer's Agent

Melissa Graham

(484) 987-8725 grahammelissa1992@gmail.com United Real Estate Strive 212 License #RS358416

United Real Estate Strive 212

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,556

Year Built

  • Built in 1900

Lot Details

  • 871 Sq Ft Lot

Parking

  • On-Street Parking

Home Design

  • 1,379 Sq Ft Home
  • Duplex
  • Traditional Architecture
  • Converted Dwelling
  • Brick Exterior Construction
  • Stone Foundation

Schools

  • Reading Senior High School

Utilities

  • Window Unit Cooling System
  • Electric Baseboard Heater
  • Natural Gas Water Heater

Additional Features

  • Basement

Listing and Financial Details

  • The owner pays for personal property taxes, real estate taxes, trash collection, water
  • Tax Lot 2853
  • Assessor Parcel Number 16-5316-22-28-2853

Community Details

Overview

  • 2 Units
  • 3-Story Building

Building Details

  • Income includes apartment rentals
  • Operating Expense $3,356

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,556

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Property Sub Type: Duplex
  • Structure Type: End Of Row/Townhouse
  • Architectural Style: Converted Dwelling, Traditional
  • Ownership: Fee Simple
  • Exclusions: 1 Washer & Dryer 1st Floor, Tenants' property
  • Home Warranty: No
  • Inclusions: 2 Range/Oven, 2 Refrigerators
  • New Construction: No
  • Expected On Market: 2022-12-21
  • Year Built: 1900
  • Automatically Close On Close Date: No
  • Special Features: None

Interior Features

  • Fireplace: No
  • Foundation Details: Stone
  • Basement: Yes
  • Total Sq Ft: 1379
  • Living Area Sq Ft: 1379
  • Price Per Sq Ft: 119.65
  • Above Grade Finished Sq Ft: 1379
  • Above Grade Finished Area Units: Square Feet

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Brick
  • Exterior Features: Sidewalks, Street Lights
  • 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
  • Cooling Fuel: Electric
  • Cooling Type: Window Unit(s)
  • Heating Fuel: Electric, Natural Gas
  • Heating Type: Baseboard - Electric
  • Heating: Yes
  • Hot Water: Electric, Natural Gas
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association Recreation Fee: No

Schools

  • School District Source: Listing Agent
  • High School: READING SENIOR

Green Features

  • Clean Green Assessed: No

Lot Info

  • Improvement Assessed Value: 30100.00
  • Land Assessed Value: 5500.00
  • Lot Size Acres: 0.02
  • Lot Dimensions: 0.00 x 0.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 871.00
  • Zoning: R-3

Rental Info

  • Existing Lease Type: Yearly
  • Owner Pays: Taxes - Personal Property, Taxes - Real Estate, Trash Collection, Water
  • Units Leased Count: 2
  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 1458564
  • School Tax: 638.00
  • Tax Annual Amount: 1556.00
  • Assessor Parcel Number: 16-5316-22-28-2853
  • Tax Lot: 2853
  • County Tax Payment Frequency: Annually
  • Tax Year: 2022

Multi Family

  • Income Includes: Apartment Rentals
  • Operating Expense: 3356.00
  • Other Units: Unit 1,Unit 2

MLS Schools

  • School District Name: READING

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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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 Prior Sale
02/13/2023 02/13/23 Sold $165,000 0.0% $120 / Sq Ft
01/09/2023 01/09/23 Off Market $165,000 -- --
01/07/2023 01/07/23 Pending -- -- --
12/21/2022 12/21/22 For Sale $165,000 +26.9% $120 / Sq Ft
02/01/2022 02/01/22 Sold $130,000 0.0% $94 / Sq Ft View Prior Sale
11/27/2021 11/27/21 Pending -- -- --
11/27/2021 11/27/21 Off Market $130,000 -- --
11/16/2021 11/16/21 Price Changed $145,000 -14.7% $105 / Sq Ft
10/03/2021 10/03/21 Price Changed $169,900 -5.6% $123 / Sq Ft
09/01/2021 09/01/21 For Sale $180,000 +267.3% $131 / Sq Ft
12/04/2018 12/04/18 Sold $49,000 -18.2% $36 / Sq Ft View Prior Sale
11/21/2018 11/21/18 Pending -- -- --
11/01/2018 11/01/18 For Sale $59,900 +22.2% $43 / Sq Ft
10/31/2018 10/31/18 Off Market $49,000 -- --
10/18/2018 10/18/18 For Sale $59,900 0.0% $43 / Sq Ft
09/19/2018 09/19/18 Pending -- -- --
08/30/2018 08/30/18 For Sale $59,900 -- $43 / 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: PABK2024840

Bright MLS

APN: 5316-22-28-2853