NOT LISTED FOR SALE

347 S 5th St Reading, PA 19602

-- Bed
4 Baths
2,048 Sq Ft
1,742 Sq Ft Lot

Last Sold July 30, 2024

Last sale price $285,000 $139 Per Sq Ft

24 Days on Market

Highlights

  • Traditional Floor Plan
  • Hot Water Heating System
  • Historic Home
  • Traditional Architecture

About This Home

As of July 2024

Start making money with this 4 unit. Long term owner is retiring. Tenants pay hot water and electric. Money maker - schedule your appointment today!

Last Agent to Sell the Property

Rick Heffner

(610) 929-4926 rheffner@goberkscounty.com RE/MAX Of Reading License #RS209882L Listed on: 06/05/2024

RE/MAX Of Reading

Last Buyer's Agent

Ashley Freese

(617) 247-1933 ashfreeserealtor@gmail.com Amo Realty License #RS302107

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,023

Year Built

  • Built in 1900

Lot Details

  • 1,742 Sq Ft Lot
  • Historic Home
  • Property is in average condition

Parking

  • On-Street Parking

Home Design

  • Quadruplex
  • Traditional Architecture
  • Brick Exterior Construction
  • Stone Foundation

Interior Spaces

  • 2,048 Sq Ft Home
  • Traditional Floor Plan
  • Basement Fills Entire Space Under The House

Utilities

  • Hot Water Heating System
  • 200+ Amp Service
  • Natural Gas Water Heater
  • Municipal Trash

Listing and Financial Details

  • The owner pays for accounting/legal, advertising/licenses and permits, common area maintenance, electricity, gas, heat, heater maintenance contract, insurance, lawn/shrub care, pest control, repairs, sewer, snow removal, real estate taxes, trash collection, water
  • Tax Lot 9047
  • Assessor Parcel Number 01-5306-35-78-9047

Community Details

Overview

  • 4 Units

Building Details

  • 2 Vacant Units
  • Income includes apartment rentals
  • Insurance Expense $922
  • Trash Expense $3

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,023

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Property Sub Type: Quadruplex
  • Structure Type: Interior Row/Townhouse
  • Architectural Style: Traditional
  • Ownership: Fee Simple
  • Historic: Yes
  • New Construction: No
  • Year Built: 1900
  • Automatically Close On Close Date: No
  • Building Winterized: No
  • Special Features: None

Interior Features

  • Interior Amenities: Floor Plan - Traditional
  • Fireplace: No
  • Foundation Details: Stone
  • Basement: Yes
  • Basement Type: Full
  • Total Sq Ft: 2048
  • Living Area Sq Ft: 2048
  • Price Per Sq Ft: 139.16
  • Above Grade Finished Sq Ft: 2048
  • Above Grade Finished Area Units: Square Feet

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Brick
  • Exterior Features: Sidewalks, Street Lights
  • View: Street
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Type Of Parking: On Street

Utilities

  • Central Air Conditioning: No
  • Previous Twelve Months Electric Expense: 333.78
  • Electric Service: 200+ Amp Service, Circuit Breakers
  • Heating Fuel: Natural Gas
  • Heating Type: Hot Water
  • Heating: Yes
  • Hot Water: Natural Gas
  • Pest Control Expense: 137.00
  • Sewer/Septic System: Public Sewer
  • Water Previous Twelve Months: 2771.68
  • Water Source: Public
  • Municipal Trash: Yes

Schools

  • School District Source: Listing Agent

Lot Info

  • Lot Size Acres: 0.04
  • Lot Dimensions: 0.00 x 0.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 1742.00
  • Property Condition: Average
  • Zoning: RESIDENTIAL

Rental Info

  • Number Of Units Month To Month: 2
  • Owner Pays: Accounting/Legal, Advertising/Licenses And Permits, Common Area Maintenance, Electricity, Gas, Heat, Heater Maintenance Contract, Insurance, Lawn/Shrub Care, Pest Control, Repairs, Sewer, Snow Removal, Taxes - Real Estate, Trash Collection, Water
  • Vacation Rental: No

Tax Info

  • School Tax: 715.00
  • School Tax Pymnt Freq: Annually
  • Tax Annual Amount: 2023.00
  • Assessor Parcel Number: 01-5306-35-78-9047
  • Tax Lot: 9047
  • County Tax Payment Frequency: Annually
  • Tax Year: 2023

Multi Family

  • Number Of Units Vacant: 2
  • Income Includes: Apartment Rentals
  • Other Units: Unit 1,Unit 2,Unit 4,Unit 3

MLS Schools

  • School District Name: READING

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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Sold Price
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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 List to Sale Price per Sq Ft
07/30/2024 07/30/24 Sold $285,000 0.0% $139 / Sq Ft
07/01/2024 07/01/24 Price Changed $285,000 -4.7% $139 / Sq Ft
06/29/2024 06/29/24 Pending -- -- --
06/05/2024 06/05/24 For Sale $299,000 -- $146 / 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: PABK2044114

Bright MLS

APN: 5306-35-78-9047