NOT LISTED FOR SALE
-- Bed
2 Baths
2,026 Sq Ft
1,742 Sq Ft Lot

Last Sold January 27, 2012

Last sale price $47,000 $23 Per Sq Ft

460 Days on Market

Highlights

  • No HOA
  • En-Suite Primary Bedroom
  • Replacement Windows
  • Tile or Brick Flooring
  • Forced Air Heating System
  • Energy-Efficient Windows

About This Home

As of January 2012

Very large 2 unit in wonderful condition! Recently rehabbed from top to bottom. New rubber roofs, replacement windows. Owner pays for oil heat! Tenants pay for electric which includes hot water & cooking. 200 amp main electric. Unit 1 has 4 rooms, 2 private BR's, modern ceramic tiled bath, large modern kitchen with appliances. Unit 2 has 5 rms, 3 private BR's, modern kitchen with appliances & bath with ceramic tile. Both units are currently vacant so the option is there for an owner occupant or investor! This building is big & spacious and in excellent condition!! Rents are projected!! Excellent income potential - 15% Cap Rate!

Last Listed By

Jose Candelaria

RE/MAX Of Reading License #RS193774L Listed on: 09/17/2010

RE/MAX Of Reading

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $693

Year Built

  • Built in 1900

Lot Details

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

Parking

  • On-Street Parking

Home Design

  • Duplex
  • Converted Dwelling
  • Brick Exterior Construction
  • Stone Foundation
  • Pitched Roof
  • Stucco

Interior Spaces

  • En-Suite Primary Bedroom
  • 2,026 Sq Ft Home
  • Replacement Windows

Flooring

  • Tile or Brick
  • Vinyl

Unfinished Basement

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

Eco-Friendly Details

  • Energy-Efficient Windows

Schools

  • Reading Senior High School

Utilities

  • Forced Air Heating System
  • Heating System Uses Oil
  • 200+ Amp Service
  • Electric Water Heater

Listing and Financial Details

  • Tax Lot 2412
  • Assessor Parcel Number 06-5307-74-72-2412

Community Details

Overview

  • No Home Owners Association

Building Details

  • Insurance Expense $600
  • Other Expense $610
  • Operating Expense $5,803

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$693

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Property Sub Type: Duplex
  • Structure Type: Row/Townhouse
  • Architectural Style: Converted Dwelling
  • Ownership: Fee Simple
  • Inclusions: 2 Range/Ovens, 2 Ref's.
  • New Construction: No
  • Other Expense: 610.00
  • Year Built: 1900
  • Special Features: None

Interior Features

  • Flooring Type: Vinyl, Tile/Brick
  • Window Features: Energy Efficient, Replacement
  • Fireplace: No
  • Entry Location: Foyer
  • Foundation Details: Stone
  • Room List: Master Bedroom
  • Basement: Yes
  • Basement Type: Full, Unfinished, Outside Entrance
  • Total Sq Ft: 2026
  • Living Area Sq Ft: 2026
  • Price Per Sq Ft: 29.57
  • Above Grade Finished Sq Ft: 2026
  • Above Grade Finished Area Units: Square Feet

Exterior Features

  • Other Structures: Above Grade
  • Construction Materials: Stucco, Brick
  • Construction Completed: No
  • Exterior Features: Sidewalks, Street Lights
  • Roof: 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: 3000.00
  • Central Air Conditioning: No
  • Electric Service: 200+ Amp Service, Circuit Breakers
  • Heating Fuel: Oil
  • Heating Type: Oil, Forced Air
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Public Sewer
  • Water Sewer Expenses: 900.00
  • 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: 12600.00
  • Land Assessed Value: 7000.00
  • Land Use Code: 138R
  • Lot Size Acres: 0.04
  • Lot Dimensions: IRREG
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 1742.00
  • Property Condition: Good
  • Zoning: RES

Rental Info

  • Vacation Rental: No

Multi Family

  • Gross Income: 15300.00
  • Other Units: Unit 1,Unit 2

Tax Info

  • Assessor Parcel Number: 1444608
  • Tax Annual Amount: 693.00
  • Assessor Parcel Number: 06-5307-74-72-2412
  • Tax Lot: 2412
  • Tax Year: 2010
  • Close Date: 01/27/2012

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
01/27/2012 01/27/12 Sold $47,000 -27.6% $23 / Sq Ft
12/21/2011 12/21/11 Pending -- -- --
09/17/2010 09/17/10 For Sale $64,900 -- $32 / 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: 1004961962

Bright MLS

APN: 5307-74-72-2412