Seller's Agent in 2024
Joseph Colon
Coldwell Banker Realty
(484) 650-6749
5 in this area
207 Total Sales
312 Bern St Reading, PA 19601
Northwest Reading NeighborhoodEstimated Value: $160,889 - $201,000
5
Beds
1
Bath
1,692
Sq Ft
$108/Sq Ft
Est. Value
Highlights
- Traditional Architecture
- Window Unit Cooling System
- 1-minute walk to Keffer Park
- No HOA
- Forced Air Heating System
About This Home
As of June 2024Introducing a lucrative investment opportunity - a portfolio of 7 properties in prime locations. This portfolio offers a diverse range of properties, each with its unique charm and potential for high returns.
The properties included in this portfolio are:
1. 312 Bern St, Reading, PA,19601
2. 318 Bern St, Reading, PA,19601
3. 644 Birch St,Reading, PA,19604
4. 1130 Buttonwood St,Reading, PA,19604
5. 211 N. 2nd St, Reading, PA,19601
6. 1026 Spring St, Reading, PA,19604
7. 1208 Fidelity St, Reading, PA,19604
With a combined net operating income of $104,379, this portfolio is a profitable venture. The owner's expenses are limited to real estate taxes and insurance, allowing for maximum profitability. Tenants are responsible for all utilities.
The portfolio boasts an impressive cap rate of 9.6%, demonstrating the strong income potential and value of these properties.
The entire portfolio is being offered at a package price of $1,085,000. However, the owner is open to selling each property individually. To inquire about the individual pricing for each property, please reach out for further details.
It's important to note that all properties, except for 1026 Spring St, are currently occupied. This provides immediate cash flow and reduces the need for finding new tenants.
Investing in this 7-property portfolio offers a unique opportunity to diversify your real estate holdings and maximize your investment potential. Don't miss out on this chance to secure a strong and profitable investment. Contact us today to inquire about individual property prices and take the first step towards building your real estate portfolio.
Last Agent to Sell the Property
(610) 373-9900 josephcolonrealtor@gmail.com Coldwell Banker Realty Listed on: 03/21/2024
Co-Listed By
(610) 373-9900 giselle.delgado@cbrealty.com Coldwell Banker Realty License #RS361489
Last Buyer's Agent
(610) 372-0212 urestrive212@gmail.com United Real Estate Strive 212 License #RS371791
Townhouse Details
Home Type
- Townhome
Est. Annual Taxes
- $1,080
Year Built
- Built in 1900
Lot Details
- 1,306 Sq Ft Lot
Home Design
- Traditional Architecture
- Brick Exterior Construction
- Concrete Perimeter Foundation
Interior Spaces
- 1,692 Sq Ft Home
- Property has 3 Levels
- Basement Fills Entire Space Under The House
Bedrooms and Bathrooms
- 1 Full Bathroom
Utilities
- Window Unit Cooling System
- Forced Air Heating System
- Heating System Uses Natural Gas
- Natural Gas Water Heater
Community Details
- No Home Owners Association
- Reading Subdivision
Listing and Financial Details
- Tax Lot 9934
- Assessor Parcel Number 14-5307-26-69-9934
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
Mar 21, 2024
Closed on
Jun 10, 2024
Sold by
Bought by
Seller's Agent
Joseph Colon
Coldwell Banker Realty
Buyer's Agent
Belle Guzman
United Real Estate Strive 212
List Price
$155,000
Sold Price
$160,000
Premium/Discount to List
$5,000
3.23%
Views
115
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$22,147
Avg. Annual Appreciation
6.41%
Original Mortgage
$155,200
Interest Rate
0.0687%
Mortgage Type
New Conventional
Purchase Details
Closed on
Apr 12, 2023
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
$266,250
Interest Rate
0.064%
Mortgage Type
New Conventional
Purchase Details
Listed on
Nov 11, 2016
Closed on
Dec 20, 2016
Sold by
Bought by
Seller's Agent
Tina Werts
Iron Valley Real Estate of Berks
Buyer's Agent
Marisa Aikman
Compass RE
List Price
$18,630
Sold Price
$18,365
Premium/Discount to List
-$265
-1.42%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
27.14%
Purchase Details
Closed on
Feb 12, 2016
Sold by
Bought by
Purchase Details
Closed on
Jan 22, 2016
Sold by
Bought by
Purchase Details
Closed on
Jul 9, 2010
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
$41,820
Interest Rate
0.055%
Mortgage Type
FHA
Create a Home Valuation Report for This Property
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Home Values in the Area
Average Home Value in this Area
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 |
|---|---|---|---|
| $160,000 | None Listed On Document | ||
| $355,000 | Stewart Title | ||
| $18,365 | None Available | ||
| -- | None Available | ||
| $20,000 | None Available | ||
| $42,400 | None Available |
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 |
|---|---|---|---|
| Closed | $155,200 | ||
| Closed | $266,250 | ||
| Closed | $41,820 |
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 | Prior Sale |
|---|---|---|---|---|---|
| 06/14/2024 06/14/24 | Sold | $160,000 | -5.9% | $95 / Sq Ft | |
| 04/29/2024 04/29/24 | Pending | -- | -- | -- | |
| 04/29/2024 04/29/24 | Price Changed | $170,000 | +9.7% | $100 / Sq Ft | |
| 03/21/2024 03/21/24 | For Sale | $155,000 | +744.0% | $92 / Sq Ft | |
| 12/23/2016 12/23/16 | Sold | $18,365 | 0.0% | $11 / Sq Ft | View Prior Sale |
| 12/06/2016 12/06/16 | Pending | -- | -- | -- | |
| 11/16/2016 11/16/16 | Off Market | $18,365 | -- | -- | |
| 11/11/2016 11/11/16 | For Sale | $18,630 | -- | $11 / 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 | $697 | $24,700 | $12,000 | $12,700 |
| 2025 | $670 | $24,700 | $12,000 | $12,700 |
| 2024 | $1,097 | $24,700 | $12,000 | $12,700 |
| 2023 | $1,080 | $24,700 | $12,000 | $12,700 |
| 2022 | $1,080 | $24,700 | $12,000 | $12,700 |
| 2021 | $1,080 | $24,700 | $12,000 | $12,700 |
| 2020 | $1,069 | $24,700 | $12,000 | $12,700 |
| 2019 | $1,069 | $24,700 | $12,000 | $12,700 |
| 2018 | $1,069 | $24,700 | $12,000 | $12,700 |
| 2017 | $1,062 | $24,700 | $12,000 | $12,700 |
| 2016 | $607 | $24,700 | $12,000 | $12,700 |
| 2015 | $607 | $24,700 | $12,000 | $12,700 |
| 2014 | $558 | $24,700 | $12,000 | $12,700 |
Source: Public Records
Agents Affiliated with this Home
-
Joseph Colon
-
Giselle Delgado
Seller Co-Listing Agent in 2024
Giselle Delgado
Coldwell Banker Realty
(610) 373-9900
2 in this area
31 Total Sales
-
Belle Guzman
B
Buyer's Agent in 2024
Belle Guzman
United Real Estate Strive 212
1 in this area
9 Total Sales
-
Tina Werts
T
Seller's Agent in 2016
Tina Werts
Iron Valley Real Estate of Berks
(610) 401-3541
-
Marisa Aikman
Buyer's Agent in 2016
Marisa Aikman
Compass RE
(610) 750-0910
68 Total Sales
Map
Source: Bright MLS
MLS Number: PABK2040938
APN: 14-5307-26-69-9934
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