$40,000
SOLD MAR 31, 2018
-- Bed
-- Bath
-- Sq Ft
1,742 Sq Ft Lot

Recently Sold

47% Below List Price

44 Days on Market

Highlights

  • No HOA
  • En-Suite Primary Bedroom
  • Radiator
  • Tile or Brick Flooring

About This Home

As of October 2023

If you are in the market for a money maker, look no further! The first floor of this building is leased to a long term restaurant for $750 a month. The second apartment is a 1 bedroom bringing in $600 a month. The third unit is currently rented out for $475 a month. Schedule your private tour and learn how to live in a building for free while someone else pays it down for you!

Last Agent to Sell the Property

Jorge Diaz

Light House Realtors, LLC License #RS328499 Listed on: 01/31/2018

Last Buyer's Agent

Jorge Diaz

Light House Realtors, LLC License #RS328499 Listed on: 01/31/2018

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $982

Year Built

  • Built in 1902

Lot Details

  • 1,742 Sq Ft Lot
  • Property is in good condition

Parking

  • On-Street Parking

Home Design

  • Triplex
  • Flat Roof Shape
  • Stone Foundation
  • Pitched Roof
  • Stone Siding

Flooring

  • Laminate
  • Tile or Brick

Schools

  • Reading Senior High School

Utilities

  • Radiator
  • Heating System Uses Gas
  • 200+ Amp Service
  • Natural Gas Water Heater

Additional Features

  • En-Suite Primary Bedroom
  • Basement Fills Entire Space Under The House

Listing and Financial Details

  • Tax Lot 3420
  • Assessor Parcel Number 07-5307-75-82-3420

Community Details

Overview

  • No Home Owners Association

Building Details

  • Insurance Expense $1,000
  • Operating Expense $8,276

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$982

Year Built

Built in 1902

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Property Sub Type: Triplex
  • Structure Type: Interior Row/Townhouse
  • Ownership: Fee Simple
  • New Construction: No
  • Year Built: 1902
  • Remarks Public: If you are in the market for a money maker, look no further! The first floor of this building is leased to a long term restaurant for $750 a month. The second apartment is a 1 bedroom bringing in $600 a month. The third unit is currently rented out for $475 a month. Schedule your private tour and learn how to live in a building for free while someone else pays it down for you!
  • Special Features: None

Interior Features

  • Flooring Type: Tile/Brick, Laminated
  • Interior Amenities: Store/Office
  • Fireplace: No
  • Entry Location: Private
  • Foundation Details: Stone
  • Room List: Primary Bedroom
  • Basement: Yes
  • Basement Type: Full
  • Street Number Modifier: 346

Exterior Features

  • Construction Materials: Stone
  • Exterior Features: Sidewalks, Street Lights
  • Roof: Flat, Pitched
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Parking Features: Street
  • Type Of Parking: On Street

Utilities

  • Annual Heating Expense: 5100.00
  • Central Air Conditioning: No
  • Electric Service: 200+ Amp Service
  • Heating Fuel: Natural Gas, Electric
  • Heating Type: Gas, Electric, Radiator
  • Heating: Yes
  • Hot Water: Natural Gas
  • Sewer/Septic System: Public Sewer
  • Water Sewer Expenses: 1200.00
  • Water Source: Public

Condo/Co-op/Association

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

Schools

  • School District: READING
  • High School: READING SENIOR
  • School District Key: 300200397169
  • High School: READING SENIOR

Lot Info

  • Improvement Assessed Value: 12700.00
  • Land Assessed Value: 10000.00
  • Land Use Code: 4126
  • Lot Size Acres: 0.04
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 1742.00
  • Property Attached Yn: Yes
  • Property Condition: Good
  • Zoning: MIX

Rental Info

  • Vacation Rental: No

Multi Family

  • Gross Income: 21900.00
  • Other Units: Unit 1,Unit 2,Unit 3

Tax Info

  • Assessor Parcel Number: 1445328
  • Tax Annual Amount: 982.00
  • Assessor Parcel Number: 07-5307-75-82-3420
  • Tax Lot: 3420
  • Tax Year: 2018
  • Close Date: 03/31/2018

MLS Schools

  • School District Name: READING

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
10/03/2023 10/03/23 Sold $217,000 -7.6% $70 / Sq Ft
09/18/2023 09/18/23 Pending -- -- --
09/12/2023 09/12/23 Price Changed $234,900 -6.0% $76 / Sq Ft
08/17/2023 08/17/23 Price Changed $250,000 -7.4% $81 / Sq Ft
06/23/2023 06/23/23 For Sale $270,000 +24.4% $87 / Sq Ft
06/16/2023 06/16/23 Off Market $217,000 -- --
05/04/2023 05/04/23 For Sale $200,000 +400.0% $65 / Sq Ft
03/31/2018 03/31/18 Sold $40,000 0.0% --
03/16/2018 03/16/18 Pending -- -- --
02/23/2018 02/23/18 Off Market $40,000 -- --
01/31/2018 01/31/18 For Sale $74,900 -- --
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: 1005905379

Bright MLS