$240,000

Estimated payment $1,455/month

Total Views 18,294
-- Bed
-- Bath
-- Sq Ft
-- Price per Sq Ft

Highlights

  • Traditional Architecture
  • Ramp on the main level
  • 2-minute walk to Barbey's Park
  • 2 Car Attached Garage
  • Electric Baseboard Heater

About This Home

Nice large corner property with first floor laundromat that needs a little upgrading of some machines with potential to create a positive cash flow once fully operational. There is not another laundromat in the immediate area. Or this space can be used as a store front for your business. There are two 3 bedroom apartments on the second level that are currently rented, one at 750/month and the other at 850/month. There are also 2 garages that could also be rented to generate more cash flow. Great opportunity to buy one, two or all three properties.

Last Listed By

Scott Goetz

Century 21 Gold License #RS110187a Listed on: 03/19/2025

Century 21 Gold

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,366

Year Built

  • Built in 1895

Lot Details

  • 1,742 Sq Ft Lot
  • Property is in good condition

Parking

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

Home Design

  • Triplex
  • Traditional Architecture
  • Brick Exterior Construction

Utilities

  • Electric Baseboard Heater
  • 200+ Amp Service
  • Electric Water Heater

Additional Features

  • Basement Fills Entire Space Under The House
  • Ramp on the main level

Community Details

  • 3 Units
  • 2-Story Building

Listing and Financial Details

  • Tax Lot 7868
  • Assessor Parcel Number 06-5307-73-51-7868

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,366

Year Built

Built in 1895

Lot Details

0

Parking

2

Listing Details

  • Property Type: Multi-Family
  • Property Sub Type: Triplex
  • Structure Type: End Of Row/Townhouse
  • Architectural Style: Traditional
  • Accessibility Features: Ramp - Main Level
  • Ownership: Fee Simple
  • New Construction: No
  • Year Built: 1895
  • Remarks Public: Nice large corner property with first floor laundromat that needs a little upgrading of some machines with potential to create a positive cash flow once fully operational. There is not another laundromat in the immediate area. Or this space can be used as a store front for your business. There are two 3 bedroom apartments on the second level that are currently rented, one at 750/month and the other at 850/month. There are also 2 garages that could also be rented to generate more cash flow. Great opportunity to buy one, two or all three properties.
  • Special Features: None

Interior Features

  • Fireplace: No
  • Foundation Details: Other
  • Basement: Yes
  • Basement Type: Full
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 267

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Brick
  • 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: Attached Garage, On Street

Utilities

  • Central Air Conditioning: No
  • Electric Service: 200+ Amp Service
  • Heating Fuel: Electric
  • Heating Type: Baseboard - 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

Lot Info

  • Land Use Code: 4124
  • Lot Size Acres: 0.04
  • Lot Dimensions: 0.00 x 0.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 1742.00
  • Property Condition: Good
  • Year Assessed: 2025
  • Zoning: R-3

Rental Info

  • Owner Pays: Sewer, Water, Taxes - Real Estate, Common Area Maintenance
  • Units Leased Count: 2
  • Vacation Rental: No

Tax Info

  • School Tax: 543.00
  • Tax Annual Amount: 1366.00
  • Assessor Parcel Number: 06-5307-73-51-7868
  • Tax Lot: 7868
  • County Tax Payment Frequency: Annually
  • Tax Year: 2025

Multi Family

  • Single Room Units Count: 1

MLS Schools

  • School District Name: READING

Map

Range of Values:

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Average Value
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

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
2025 $822 $30,300 $10,000 $20,300
2024 $1,345 $30,300 $10,000 $20,300
2023 $1,325 $30,300 $10,000 $20,300
2022 $1,325 $30,300 $10,000 $20,300
2021 $1,325 $30,300 $10,000 $20,300
2020 $1,311 $30,300 $10,000 $20,300
2019 $1,311 $30,300 $10,000 $20,300
2018 $1,311 $30,300 $10,000 $20,300
2017 $1,303 $30,300 $10,000 $20,300
2016 $744 $30,300 $10,000 $20,300
2015 $744 $30,300 $10,000 $20,300
2014 $685 $30,300 $10,000 $20,300
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/09/2025 06/09/25 For Sale $240,000 0.0% --
06/01/2025 06/01/25 Off Market $240,000 -- --
04/25/2025 04/25/25 Price Changed $240,000 -4.0% --
04/21/2025 04/21/25 Price Changed $250,000 -3.8% --
03/19/2025 03/19/25 For Sale $260,000 +82.5% --
04/20/2018 04/20/18 Sold $142,500 0.0% --
03/11/2018 03/11/18 Pending -- -- --
03/11/2018 03/11/18 Off Market $142,500 -- --
03/08/2018 03/08/18 For Sale $160,000 -- --
Source: Bright MLS

Purchase History

Date Type Sale Price Title Company
Deed $142,500 None Available
Deed $12,000 Conestoga Title Insurance Co
Deed $17,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $170,000 New Conventional
Closed $105,000 Commercial
Previous Owner $30,000 Seller Take Back
Source: Public Records

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Source: Bright MLS

MLS Number: PABK2054856

Bright MLS

APN: 06-5307-73-51-7868