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

Sale Details

Date Sold: May 23, 2023

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

10 Days on Market

Highlights

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

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 Agent to Sell the Property

Yelena Pidgorodetskiy

(717) 454-0235 mikeginder@hotmail.com Elite Real Estate Professionals Listed on: 04/10/2023

Last Buyer's Agent

Wander Batista

(888) 397-7352 pa.broker@exprealty.com EXP Realty, LLC License #RS359475

EXP Realty, LLC

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

  • Cooling Available
  • 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

2,178 Sq Ft Lot

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
  • 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

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 Source: Listing Agent

Green Features

  • Clean Green Assessed: No

Lot Info

  • Improvement Assessed Value: 45600.00
  • Land Assessed Value: 10600.00
  • 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
  • County Tax Payment Frequency: Annually
  • Tax Year: 2022

Multi Family

  • Income Includes: Apartment Rentals

MLS Schools

  • School District Name: READING

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 10, 2023
Closed on
May 23, 2023
Sold by
Bought by
Seller's Agent
Yelena Pidgorodetskiy
Elite Real Estate Professionals
Buyer's Agent
Wander Batista
EXP Realty, LLC
List Price
$229,500
Sold Price
$226,000
Premium/Discount to List
-$3,500
-1.53%
Views
104

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$162,720
Interest Rate
0.0639%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 28, 2006
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$148,697
Interest Rate
0.0634%
Mortgage Type
FHA

Purchase Details

Closed on
Oct 15, 2004
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$142,310
Interest Rate
0.058%
Mortgage Type
Credit Line Revolving
Source: Public Records
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$226,000 None Listed On Document
$149,900 None Available
$149,800 --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $162,720
Previous Owner $148,697
Previous Owner $142,310
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2026 $1,587 $56,200 $10,600 $45,600
2025 $1,525 $56,200 $10,600 $45,600
2024 $2,496 $56,200 $10,600 $45,600
2023 $2,457 $56,200 $10,600 $45,600
2022 $2,457 $56,200 $10,600 $45,600
2021 $2,457 $56,200 $10,600 $45,600
2020 $2,432 $56,200 $10,600 $45,600
2019 $2,432 $56,200 $10,600 $45,600
2018 $2,432 $56,200 $10,600 $45,600
2017 $2,416 $56,200 $10,600 $45,600
2016 $1,380 $56,200 $10,600 $45,600
2015 $1,380 $56,200 $10,600 $45,600
2014 $1,270 $56,200 $10,600 $45,600
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

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