267 N Front St Reading, PA 19601
Sixth Ward NeighborhoodEstimated payment $1,383/month
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.
Listing Agent
(610) 621-8342 sgoetz@c21gold.com Century 21 Gold License #RS110187a Listed on: 03/19/2025
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
Map
Home Values in the Area
Average Home Value in this Area
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 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 10/14/2025 10/14/25 | For Sale | $245,000 | +2.1% | -- | |
| 09/16/2025 09/16/25 | For Sale | $240,000 | 0.0% | -- | |
| 08/14/2025 08/14/25 | Pending | -- | -- | -- | |
| 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% | -- | View Prior Sale |
| 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 | -- | -- |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Deed | $142,500 | None Available | |
| Deed | $12,000 | Conestoga Title Insurance Co | |
| Deed | $17,000 | -- |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $105,000 | Commercial | |
| Previous Owner | $30,000 | Seller Take Back |
Source: Bright MLS
MLS Number: PABK2054856
APN: 06-5307-73-51-7868
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