Seller's Agent in 2024
Joseph Colon
Coldwell Banker Realty
(484) 650-6749
5 in this area
209 Total Sales
318 Bern St Reading, PA 19601
Northwest Reading NeighborhoodEstimated Value: $170,767 - $217,000
5
Beds
1
Bath
1,763
Sq Ft
$112/Sq Ft
Est. Value
Highlights
- Traditional Architecture
- Forced Air Heating System
- 1-minute walk to Keffer Park
- No HOA
About This Home
As of May 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
(484) 650-6749 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) 484-8663 Rgbatistateam@gmail.com Realty One Group Alliance License #rs336061
Townhouse Details
Home Type
- Townhome
Est. Annual Taxes
- $1,316
Year Built
- Built in 1900
Lot Details
- 1,306 Sq Ft Lot
Parking
- On-Street Parking
Home Design
- Traditional Architecture
- Brick Exterior Construction
- Concrete Perimeter Foundation
Interior Spaces
- 1,763 Sq Ft Home
- Property has 3 Levels
- Basement Fills Entire Space Under The House
Bedrooms and Bathrooms
- 5 Bedrooms
- 1 Full Bathroom
Utilities
- Window Unit Cooling System
- Forced Air Heating System
- Natural Gas Water Heater
Community Details
- No Home Owners Association
- Reading Subdivision
Listing and Financial Details
- Tax Lot 9974
- Assessor Parcel Number 14-5307-26-69-9974
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Mar 21, 2024
Closed on
May 21, 2024
Sold by
All Star Team Of 4 Llc
Bought by
Perez Romery A Brito
Seller's Agent
Joseph Colon
Coldwell Banker Realty
Buyer's Agent
Ron and Gigi Batista Team
Realty One Group Alliance
List Price
$170,000
Sold Price
$170,000
Views
133
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
$26,692
Avg. Annual Appreciation
9.80%
Original Mortgage
$7,450
Interest Rate
7.1%
Mortgage Type
New Conventional
Purchase Details
Closed on
Apr 12, 2023
Sold by
K E D Enterprises Inc
Bought by
All Star Team Of 4 Llc
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
6.4%
Mortgage Type
New Conventional
Purchase Details
Closed on
Mar 22, 2004
Sold by
Us Bank Na
Bought by
Delp John
Purchase Details
Closed on
Nov 18, 2003
Sold by
Walker Denson and Snyder Amber
Bought by
Us Bank Na
Purchase Details
Closed on
Oct 19, 2001
Sold by
G S Realty & Investment Co
Bought by
Walker Denson and Snyder Amber
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$35,100
Interest Rate
10.37%
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 | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Perez Romery A Brito | $170,000 | Stewart Title | |
| All Star Team Of 4 Llc | $355,000 | Stewart Title | |
| Delp John | $13,500 | -- | |
| Us Bank Na | $2,700 | -- | |
| Walker Denson | $43,900 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Closed | Perez Romery A Brito | $7,450 | |
| Open | Perez Romery A Brito | $166,920 | |
| Previous Owner | All Star Team Of 4 Llc | $266,250 | |
| Previous Owner | Walker Denson | $35,100 | |
| Closed | Walker Denson | $4,390 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 05/20/2024 05/20/24 | Sold | $170,000 | 0.0% | $96 / Sq Ft | |
| 04/19/2024 04/19/24 | For Sale | $170,000 | 0.0% | $96 / Sq Ft | |
| 04/09/2024 04/09/24 | Price Changed | $170,000 | +9.7% | $96 / Sq Ft | |
| 04/09/2024 04/09/24 | Pending | -- | -- | -- | |
| 04/05/2024 04/05/24 | Pending | -- | -- | -- | |
| 03/21/2024 03/21/24 | For Sale | $155,000 | +565.6% | $88 / Sq Ft | |
| 03/15/2017 03/15/17 | Sold | $23,289 | +29.4% | $17 / Sq Ft | View Prior Sale |
| 02/07/2017 02/07/17 | Pending | -- | -- | -- | |
| 01/30/2017 01/30/17 | For Sale | $18,000 | -- | $13 / Sq Ft |
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 | $817 | $30,100 | $12,000 | $18,100 |
| 2024 | $1,337 | $30,100 | $12,000 | $18,100 |
| 2023 | $1,316 | $30,100 | $12,000 | $18,100 |
| 2022 | $1,316 | $30,100 | $12,000 | $18,100 |
| 2021 | $1,316 | $30,100 | $12,000 | $18,100 |
| 2020 | $1,303 | $30,100 | $12,000 | $18,100 |
| 2019 | $1,303 | $30,100 | $12,000 | $18,100 |
| 2018 | $1,303 | $30,100 | $12,000 | $18,100 |
| 2017 | $1,294 | $30,100 | $12,000 | $18,100 |
| 2016 | $739 | $30,100 | $12,000 | $18,100 |
| 2015 | $739 | $30,100 | $12,000 | $18,100 |
| 2014 | $680 | $30,100 | $12,000 | $18,100 |
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
-
Ron and Gigi Batista Team
Buyer's Agent in 2024
Ron and Gigi Batista Team
Realty One Group Alliance
(610) 484-8663
5 in this area
94 Total Sales
-
D
Seller's Agent in 2017
David Sweeney
eHomeoffer Realty, Inc.
-
Marisa Aikman
Buyer's Agent in 2017
Marisa Aikman
Compass RE
(610) 750-0910
63 Total Sales
Map
Source: Bright MLS
MLS Number: PABK2040940
APN: 14-5307-26-69-9974
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