F
Seller's Agent in 2016
Felix Morales
United Real Estate Strive 212
(610) 207-7972
27 Total Sales
241 S 4th St Reading, PA 19602
Downtown Reading Neighborhood
--
Bed
--
Bath
2,766
Sq Ft
2,178
Sq Ft Lot
Highlights
- No HOA
- Oversized Parking
- Zoned Heating
- 2 Car Detached Garage
- En-Suite Primary Bedroom
- 4-minute walk to Riverfront Park
About This Home
As of December 2016Very large downtown Reading 5 unit in good condition overall. 1 efficiency unit, 2-1BR Units, 2-2BR Units. Unit 1 - 1st Floor front has electric baseboard heat but the owner pays for it's heat & hot water. Unit 2 - 1st Floor Rear & is all electric unit, heat, hot water & cooking paid by tenant. Units 3 & 5 - 2nd Floor Front & 3rd Floor have owner paid heat & hot water, which are both oil. Unit 4 - 2nd Floor Rear is all electric - tenant pays for heat, hot water & cooking. Owner pays trash, recycling, water & sewer. Outside electric has been updated and is at least 200 AMPS. Most windows have been replaced. 2 story detached garage could provide additional income. Currently only one unit is occupied. Huge money making potential!!! This is a Turn-Key property currently under professional management. Codes Compliant as of February 15th, 2013. 28% CAP RATE!!!
Last Agent to Sell the Property
RE/MAX Of Reading License #RS193774L Listed on: 05/02/2013
Property Details
Home Type
- Multi-Family
Year Built
- Built in 1900
Lot Details
- 2,178 Sq Ft Lot
- Property is in good condition
Parking
- 2 Car Detached Garage
- Oversized Parking
- On-Street Parking
Home Design
- Converted Dwelling
- Brick Exterior Construction
- Stone Foundation
- Pitched Roof
- Asbestos
- Stucco
Interior Spaces
- En-Suite Primary Bedroom
- 2,766 Sq Ft Home
- Replacement Windows
Flooring
- Wall to Wall Carpet
- Vinyl
Unfinished Basement
- Basement Fills Entire Space Under The House
- Exterior Basement Entry
Schools
- Reading Senior High School
Utilities
- Zoned Heating
- Radiator
- Heating System Uses Oil
- Radiant Heating System
- Baseboard Heating
- Hot Water Heating System
- 200+ Amp Service
- Oil Water Heater
- Cable TV Available
Listing and Financial Details
- Tax Lot 3670
- Assessor Parcel Number 04-5306-34-78-3670
Community Details
Overview
- No Home Owners Association
Building Details
- Electric Expense $260
- Insurance Expense $2,000
- Maintenance Expense $1,500
- Other Expense $980
- Operating Expense $12,103
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The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 12/15/2016 12/15/16 | Sold | $80,000 | -5.8% | $29 / Sq Ft |
| 12/06/2016 12/06/16 | Pending | -- | -- | -- |
| 12/05/2016 12/05/16 | For Sale | $84,900 | +69.8% | $31 / Sq Ft |
| 07/15/2013 07/15/13 | Sold | $50,000 | -8.9% | $18 / Sq Ft |
| 06/18/2013 06/18/13 | Pending | -- | -- | -- |
| 05/02/2013 05/02/13 | For Sale | $54,900 | -- | $20 / Sq Ft |
Source: Bright MLS
Tax History Compared to Growth
Agents Affiliated with this Home
-
Felix Morales
-
Nathan Jones
Buyer's Agent in 2016
Nathan Jones
Home365
(717) 220-0201
6 Total Sales
-
Jose Candelaria
Seller's Agent in 2013
Jose Candelaria
RE/MAX of Reading
(610) 207-8066
3 in this area
228 Total Sales
-
Ann Slaymaker
Buyer's Agent in 2013
Ann Slaymaker
RE/MAX
(610) 363-8444
48 Total Sales
Map
Source: Bright MLS
MLS Number: 1003441648
APN: 5306-34-78-3670
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