NOT LISTED FOR SALE

32 W Lancaster Ave Reading, PA 19607

-- Bed
2 Baths
2,016 Sq Ft
8,276 Sq Ft Lot

Last Sold December 30, 2015

Last sale price $146,200 $73 Per Sq Ft

Highlights

  • No HOA
  • Cooling System Mounted In Outer Wall Opening
  • Baseboard Heating

About This Home

As of December 2015

3 unit prop zoned comm-Currently used as two 1 bdrm apts w/nice size rooms, 1 full bath & both occupied renting for $575/month-3rd unit is comm space in LL, previously used as dog groomer-Natural gas heating system-New roof-High traffic exposure-Parking for approx 9 vehicles-Great opportunity to gain rental income & open a business such as retail, hairdresser, groomer, etc

Last Agent to Sell the Property

Andy Sollenberger

(717) 669-8813 Andy@KingswayRealty.com Kingsway Realty - Ephrata License #RS313192 Listed on: 02/11/2013

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,409

Year Built

  • Built in 1920

Lot Details

  • 8,276 Sq Ft Lot

Parking

  • Off-Street Parking

Home Design

  • Poured Concrete
  • Shingle Roof
  • Composition Roof
  • Stucco

Partially Finished Basement

  • Basement Fills Entire Space Under The House
  • Exterior Basement Entry

Schools

  • Governor Mifflin High School

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Baseboard Heating
  • Hot Water Heating System
  • 100 Amp Service
  • Natural Gas Water Heater
  • Cable TV Available

Listing and Financial Details

  • Tenant pays for hot water, electricity
  • Assessor Parcel Number 77-4395-07-68-4333

Community Details

Overview

  • No Home Owners Association
  • 3 Units

Building Details

  • Income includes apartment rentals, professional offices
  • Insurance Expense $957
  • Operating Expense $4,304
  • Net Operating Income $11,887

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,409

Year Built

Built in 1920

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Current Use: Office
  • New Construction: No
  • Storage: Basement
  • Year Built: 1920
  • Remarks Public: 3 unit prop zoned comm-Currently used as two 1 bdrm apts w/nice size rooms, 1 full bath & both occupied renting for $575/month-3rd unit is comm space in LL, previously used as dog groomer-Natural gas heating system-New roof-High traffic exposure-Parking for approx 9 vehicles-Great opportunity to gain rental income & open a business such as retail, hairdresser, groomer, etc
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: No
  • Basement: Yes
  • Basement Type: Poured Concrete, Full, Outside Entrance, Partially Finished
  • Street Number Modifier: 32

Exterior Features

  • Construction Materials: Stucco
  • Construction Completed: No
  • Roof: Composite, Shingle
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Type Of Parking: Off Street

Utilities

  • Annual Heating Expense: 2147.00
  • Central Air Conditioning: No
  • Cooling Type: Wall Unit
  • Cooling: Yes
  • Electric Service: 100 Amp Service, Circuit Breakers, Fuses
  • Heating Fuel: Natural Gas
  • Heating Type: Baseboard, Hot Water
  • Heating: Yes
  • Hot Water: Electric, Natural Gas
  • Sewer/Septic System: Public Sewer
  • Utilities: Cable Tv Available
  • Water Sewer Expenses: 1200.00
  • Water Source: Public

Condo/Co-op/Association

  • Condo Co-Op Association: No
  • HOA: No

Schools

  • School District: GOVERNOR MIFFLIN
  • High School: GOVERNOR MIFFLIN
  • School District Key: 300200397317
  • High School: GOVERNOR MIFFLIN

Lot Info

  • Land Use Code: Comm
  • Lot Size Acres: 0.19
  • Lot Dimensions: .19 acre
  • Zoning: COMM
  • Zoning Description: Commercial,Res/Multi-Family
  • In City Limits: Yes

Rental Info

  • Tenant Pays: Hot Water, Electricity
  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 1563542
  • School Tax: 1606.86
  • Tax Annual Amount: 2408.59
  • Assessor Parcel Number: 77-4395-07-68-4333
  • County Tax Payment Frequency: Annually
  • Close Date: 12/30/2015

Multi Family

  • Gross Income: 18600.00
  • Income Includes: Apartment Rentals, Professional Offices
  • Operating Expense: 4304.00
  • Other Units: Unit 1,Unit 2,Unit 4,Unit 5,Unit 3,Unit 6

MLS Schools

  • School District Name: GOVERNOR MIFFLIN

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/30/2015 12/30/15 Sold $146,200 0.0% $73 / Sq Ft
11/15/2014 11/15/14 Sold $146,200 -13.9% $73 / Sq Ft
11/15/2013 11/15/13 Pending -- -- --
11/15/2013 11/15/13 Pending -- -- --
02/11/2013 02/11/13 For Sale $169,900 0.0% $84 / Sq Ft
01/22/2013 01/22/13 For Sale $169,900 -- $84 / Sq Ft
Source: Bright MLS

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Andy Sollenberger

    Seller's Agent in 2015

    Andy Sollenberger

    Kingsway Realty - Ephrata

    (717) 669-8813

    82 Total Sales

    Andy Sollenberger
    Section Image

  • B

    Buyer's Agent in 2014

    Bonnie Eshelman

    RE/MAX of Reading

    Section Image
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Map

Source: Bright MLS

MLS Number: 1002728211

Bright MLS

APN: 4395-07-68-4333

Pennsylvania Berks County Reading 19607

32 W Lancaster Ave, Reading, PA

This home is located at 32 W Lancaster Ave, Reading, PA 19607 since 11 February 2013. This property was built in 1920. 32 W Lancaster Ave is a home located in Berks County with nearby schools including Cumru Elementary School, Governor Mifflin Intermediate School, and Governor Mifflin Middle School.

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