NOT LISTED FOR SALE

323 S Reading Ave Boyertown, PA 19512

-- Bed
4 Baths
2,368 Sq Ft
5,662 Sq Ft Lot

Last Sold April 29, 2022

Last sale price $301,000 $127 Per Sq Ft

4 Days on Market

About This Home

As of April 2022

**MULTIPLE OFFERS HAVE NOW BEEN RECEIVED - DEADLINE FOR HIGHEST AND BEST OFFER IF 7PM ON THURS. 3/17. Beautifully maintained, fully occupied 4 unit in Boyertown. This building features 4 - one bedrm units, all with long time, excellent tenants who hope to stay. There are 2 units on first flr and 2 units on second flr. Ranges and refrigerators for all units transfer with the sale. This property has been family owned for decades. The slate roof was removed in 2000 and replaced with shingle roof. Furnace was updated to gas burner system in 2013. Unit interiors have been continually updated and renewed. This is an excellent investment property to add to your portfolio. Easy access to Rts 73 & 100.

Last Agent to Sell the Property

Susan Bernhard

Realty One Group Exclusive License #RS161553A Listed on: 03/14/2022

Realty One Group Exclusive

Last Buyer's Agent

Stanley Rothenberger

Brode & Brooks Inc

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,235

Year Built

  • Built in 1910

Lot Details

  • 5,662 Sq Ft Lot
  • Corner Lot

Home Design

  • 2,368 Sq Ft Home
  • Quadruplex
  • Converted Dwelling
  • Brick Exterior Construction

Basement

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

Parking

  • 2 Parking Spaces
  • 2 Off-Street Spaces
  • Gravel Driveway
  • On-Street Parking

Utilities

  • Radiator
  • Natural Gas Water Heater

Listing and Financial Details

  • The owner pays for common area maintenance, gas, heater maintenance contract, insurance, lawn/shrub care, real estate taxes, trash collection, water, sewer
  • Tax Lot 9392
  • Assessor Parcel Number 33-5387-19-60-9392

Community Details

Overview

  • 4 Units
  • 2-Story Building

Building Details

  • Net Operating Income $18,075

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,235

Year Built

Built in 1910

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Property Sub Type: Quadruplex
  • Structure Type: Detached
  • Architectural Style: Converted Dwelling
  • Ownership: Fee Simple
  • Inclusions: 4 refrigerators, 4 ranges, shed
  • New Construction: No
  • Year Built: 1910
  • Automatically Close On Close Date: No
  • Remarks Public: **MULTIPLE OFFERS HAVE NOW BEEN RECEIVED - DEADLINE FOR HIGHEST AND BEST OFFER IF 7PM ON THURS. 3/17. Beautifully maintained, fully occupied 4 unit in Boyertown. This building features 4 - one bedrm units, all with long time, excellent tenants who hope to stay. There are 2 units on first flr and 2 units on second flr. Ranges and refrigerators for all units transfer with the sale. This property has been family owned for decades. The slate roof was removed in 2000 and replaced with shingle roof. Furnace was updated to gas burner system in 2013. Unit interiors have been continually updated and renewed. This is an excellent investment property to add to your portfolio. Easy access to Rts 73 & 100.
  • Special Features: None

Interior Features

  • Foundation Details: Other
  • Room Count: 12
  • Basement: Yes
  • Basement Type: Full, Outside Entrance
  • Total Sq Ft: 2368
  • Living Area Sq Ft: 2368
  • Price Per Sq Ft: 109.38
  • Above Grade Finished Sq Ft: 2368
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 323

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Brick
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Parking Features: Gravel Driveway
  • Total Garage And Parking Spaces: 2
  • Type Of Parking: On Street, Off Street
  • Off Street Parking Spaces: 2

Utilities

  • Central Air Conditioning: No
  • Monthly Average Electric: 22
  • Previous Twelve Months Electric Expense: 262.00
  • Gas Avg Month: 156.00
  • Gas Prev12 Months: 1872.00
  • Heating Fuel: Natural Gas
  • Heating Type: Radiator
  • Heating: Yes
  • Hot Water: Natural Gas
  • Sewer/Septic System: Public Sewer
  • Monthly Water Average: 135
  • Water Previous Twelve Months: 1617.00
  • Water Source: Public

Schools

  • School District: BOYERTOWN AREA
  • School District Key: 300200397307
  • School District Source: Listing Agent

Green Features

  • Clean Green Assessed: No

Lot Info

  • Improvement Assessed Value: 72700.00
  • Land Assessed Value: 43900.00
  • Land Use Code: 133
  • Lot Features: Corner
  • Lot Size Acres: 0.13
  • Lot Dimensions: 0.00 x 0.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 5662.00
  • Year Assessed: 2022
  • Zoning: GR
  • Zoning Description: General Residential

Rental Info

  • Existing Lease Type: Month To Month
  • Number Of Units Month To Month: 4
  • Owner Pays: Common Area Maintenance, Gas, Heater Maintenance Contract, Insurance, Lawn/Shrub Care, Taxes - Real Estate, Trash Collection, Water, Sewer
  • Rent Control: No
  • Total Actual Rent: 28800.00
  • Units Leased Count: 4
  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 1484594
  • School Tax: 3387.00
  • Tax Annual Amount: 5235.00
  • Assessor Parcel Number: 33-5387-19-60-9392
  • Tax Lot: 9392
  • Tax Page Number: 77
  • Tax Total Finished Sq Ft: 2368
  • County Tax Payment Frequency: Annually
  • Tax Year: 2022
  • Close Date: 04/29/2022

Multi Family

  • Gross Income: 28800.00
  • Other Units: Unit 1,Unit 2,Unit 4,Unit 3

MLS Schools

  • School District Name: BOYERTOWN AREA

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
04/29/2022 04/29/22 Sold $301,000 0.0% $127 / Sq Ft
03/18/2022 03/18/22 Pending -- -- --
03/17/2022 03/17/22 Off Market $301,000 -- --
03/14/2022 03/14/22 For Sale $259,000 -- $109 / Sq Ft
Source: Bright MLS

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: PABK2012890

Bright MLS

APN: 5387-19-60-9392