NOT LISTED FOR SALE
-- Bed
3 Baths
3,432 Sq Ft
2,178 Sq Ft Lot

Last Sold May 23, 2023

Last sale price $226,000 $66 Per Sq Ft

10 Days on Market

Highlights

  • Balcony
  • Heating Available
  • 2-minute walk to City Park
  • 2 Car Attached Garage

About This Home

As of May 2023

This two-unit property in Reading, Pennsylvania is a great investment opportunity for those looking to generate rental income. The property features a first-floor unit with 2 bedrooms and 1 bathroom, currently rented for $775 per month, and a second-floor unit with 4-5 bedrooms and 2 bathrooms, currently rented for $1100 per month. Both tenants are responsible for paying their own electric and electric heat bills, while the owner is responsible for water, sewer, and trash.
The property comes with a detached 2-car garage that provides additional storage space and parking .
If you are looking for a property that can generate immediate rental income with excellent potential for long-term growth, this two-unit property in Reading, Pennsylvania is definitely worth considering. Don't miss out on this great opportunity to own this investment property.

Last Listed By

Yelena Pidgorodetskiy

Elite Real Estate Professionals Listed on: 04/10/2023

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,457

Year Built

  • Built in 1900

Lot Details

  • 2,178

Parking

  • 2 Car Attached Garage
  • Side Facing Garage
  • On-Street Parking

Home Design

  • Duplex
  • Brick Exterior Construction
  • Shingle Roof
  • Metal Roof

Interior Spaces

  • 3,432 Sq Ft Home
  • Basement Fills Entire Space Under The House

Utilities

  • Heating Available
  • 100 Amp Service
  • Electric Water Heater

Additional Features

  • Balcony
  • 2,178 Sq Ft Lot

Community Details

  • 2 Units
  • Income includes apartment rentals

Listing and Financial Details

  • The owner pays for sewer, trash collection
  • Tax Lot 0525
  • Assessor Parcel Number 08-5317-77-10-0525

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,457

Year Built

Built in 1900

Lot Details

0

Parking

2

Listing Details

  • Property Type: Multi-Family
  • Property Sub Type: Duplex
  • Structure Type: End Of Row/Townhouse
  • Ownership: Fee Simple
  • New Construction: No
  • Year Built: 1900
  • Automatically Close On Close Date: No
  • Remarks Public: This two-unit property in Reading, Pennsylvania is a great investment opportunity for those looking to generate rental income. The property features a first-floor unit with 2 bedrooms and 1 bathroom, currently rented for $775 per month, and a second-floor unit with 4-5 bedrooms and 2 bathrooms, currently rented for $1100 per month. Both tenants are responsible for paying their own electric and electric heat bills, while the owner is responsible for water, sewer, and trash. The property comes with a detached 2-car garage that provides additional storage space and parking . If you are looking for a property that can generate immediate rental income with excellent potential for long-term growth, this two-unit property in Reading, Pennsylvania is definitely worth considering. Don't miss out on this great opportunity to own this investment property.
  • Special Features: None
  • Stories: 0

Interior Features

  • Foundation Details: Other
  • Basement: Yes
  • Basement Type: Full
  • Total Sq Ft: 3432
  • Living Area Sq Ft: 3432
  • Price Per Sq Ft: 66.87
  • Above Grade Finished Sq Ft: 3432
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 26

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Brick
  • Roof: Metal, Shingle
  • 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
  • Garage Features: Garage - Side Entry
  • Attached Garage Spaces: 2
  • Total Garage And Parking Spaces: 2
  • Type Of Parking: On Street, Attached Garage

Utilities

  • Central Air Conditioning: No
  • Cooling Fuel: Electric
  • Electric Service: 100 Amp Service
  • Heating Fuel: Electric
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Schools

  • School District: READING
  • School District Key: 300200397169
  • School District Source: Listing Agent

Green Features

  • Clean Green Assessed: No

Lot Info

  • Improvement Assessed Value: 45600.00
  • Land Assessed Value: 10600.00
  • Land Use Code: 138R
  • Lot Size Acres: 0.05
  • Lot Dimensions: 0.00 x 0.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 2178.00
  • Outdoor Living Structures: Balcony
  • Zoning: RM1

Rental Info

  • Existing Lease Type: Yearly
  • Owner Pays: Sewer, Trash Collection
  • Units Leased Count: 2
  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 1446000
  • School Tax: 1008.00
  • Tax Annual Amount: 2457.00
  • Assessor Parcel Number: 08-5317-77-10-0525
  • Tax Lot: 0525
  • Tax Total Finished Sq Ft: 3432
  • County Tax Payment Frequency: Annually
  • Tax Year: 2022
  • Close Date: 05/23/2023

Multi Family

  • Income Includes: Apartment Rentals

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
05/23/2023 05/23/23 Sold $226,000 -1.5% $66 / Sq Ft
04/20/2023 04/20/23 Pending -- -- --
04/10/2023 04/10/23 For Sale $229,500 -- $67 / 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: PABK2028474

Bright MLS

APN: 5317-77-10-0525