267 N Front St Reading, PA 19601
Sixth Ward Neighborhood
--
Bed
--
Bath
--
Sq Ft
1,742
Sq Ft Lot
Highlights
- No HOA
- Mobility Improvements
- En-Suite Primary Bedroom
- Cooling System Mounted In Outer Wall Opening
- Tile or Brick Flooring
- 2-minute walk to Barbey's Park
About This Home
As of April 2018Don't pass up this great investment opportunity! This large corner lot building has 2 residential units on the upper floor, 4 garages, and a fully equipped and operational laundromat on the first floor. The property has a newer rubber roof and replacement windows throughout. Each unit pays its own electric. The owner is responsible for the taxes, insurance, and owner's electric meter. The laundromat was started 4 years ago, is up to codes and has 9 washers and 10 dryers. There is space to grow the laundromat with the additional washers and dryers in storage that the owner is willing to leave. If you are starting in real estate or expanding your portfolio, this is a great opportunity!!
Last Agent to Sell the Property
Keller Williams Platinum Realty - Wyomissing License #RS337559 Listed on: 03/08/2018
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $1,311
Year Built
- Built in 1895
Lot Details
- 1,742 Sq Ft Lot
- Property is in good condition
Home Design
- Brick Exterior Construction
- Vinyl Siding
Flooring
- Laminate
- Tile or Brick
- Vinyl
Parking
- 4 Open Parking Spaces
- 8 Parking Spaces
Schools
- Reading Senior High School
Utilities
- Cooling System Mounted In Outer Wall Opening
- Baseboard Heating
- 200+ Amp Service
- Electric Water Heater
Additional Features
- En-Suite Primary Bedroom
- Basement Fills Entire Space Under The House
- Mobility Improvements
- Energy-Efficient Windows
Listing and Financial Details
- Tax Lot 7868
- Assessor Parcel Number 06-5307-73-51-7868
Community Details
Overview
- No Home Owners Association
Building Details
- Electric Expense $300
- Insurance Expense $2,400
- Operating Expense $4,011
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Mar 8, 2018
Closed on
Apr 20, 2018
Sold by
Abreu Alejandro
Bought by
Blacksmith Holdins Llc
Seller's Agent
Zylkia Rivera
Keller Williams Platinum Realty - Wyomissing
Buyer's Agent
Scott Goetz
Century 21 Gold
List Price
$160,000
Sold Price
$142,500
Premium/Discount to List
-$17,500
-10.94%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.45%
Original Mortgage
$105,000
Interest Rate
4.46%
Mortgage Type
Commercial
Purchase Details
Closed on
Apr 19, 2007
Sold by
Pena Doris
Bought by
Abreu Alejandro
Purchase Details
Closed on
Jan 12, 2001
Sold by
Cooley Nathan
Bought by
Pena Doris
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$30,000
Interest Rate
7.64%
Mortgage Type
Seller Take Back
Similar Homes in Reading, PA
Create a Home Valuation Report for This Property
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
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
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 08/06/2025 08/06/25 | For Sale | $240,000 | 0.0% | -- |
| 06/16/2025 06/16/25 | Off Market | $240,000 | -- | -- |
| 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
Tax History Compared to Growth
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
Agents Affiliated with this Home
-
Seller's Agent in 2025
Scott Goetz
Century 21 Gold
(610) 621-8342
79 Total Sales
-
Seller's Agent in 2018
Zylkia Rivera
Keller Williams Platinum Realty - Wyomissing
(484) 769-5873
1 in this area
269 Total Sales
Map
Source: Bright MLS
MLS Number: 1000248936
APN: 06-5307-73-51-7868
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