NOT LISTED FOR SALE
Studio
2 Baths
3,239 Sq Ft
2,178 Sq Ft Lot

Last Sold April 25, 2024

Last sale price $220,000 $68 Per Sq Ft

29 Days on Market

About This Home

As of April 2024

Explore the possibilities with this expansive 4-unit property - an ideal canvas for both rental income and your creative touch. The front unit on the 1st floor boasts two bedrooms, a spacious kitchen, and the flexibility of a family room or 3rd bedroom. The rear 1st-floor unit is already leased, offering immediate returns. Each unit has its own electric heat helping to limit owner operating expenses! While the well-lit 2nd floor unit with 2 bedrooms adds equally comfortable space. The inviting 3rd floor with a 2-bedroom layout, enhances the property's overall appeal.
Conveniently situated just blocks away from West Reading and the Santander Arena, this property is also in close proximity to RACC College, local highways, and an array of excellent dining options. Take advantage of this opportunity to transform this property into a lucrative income-generating asset.

Last Agent to Sell the Property

Rebecca Quell

(610) 406-2274 rebeccaquell@weikelrealtygroup.com Keller Williams Platinum Realty - Wyomissing License #RS356625 Listed on: 03/06/2024

Keller Williams Platinum Realty - Wyomissing

Co-Listed By

Brandon Lesagonicz

(610) 301-9990 brealtorlego@gmail.com Keller Williams Platinum Realty - Wyomissing License #RS338658

Last Buyer's Agent

Rebecca Quell

(610) 406-2274 rebeccaquell@weikelrealtygroup.com Keller Williams Platinum Realty - Wyomissing License #RS356625 Listed on: 03/06/2024

Keller Williams Platinum Realty - Wyomissing

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,158

Year Built

  • Built in 1910

Lot Details

  • 2,178 Sq Ft Lot

Home Design

  • 3,239 Sq Ft Home
  • Brick Exterior Construction
  • Concrete Perimeter Foundation

Utilities

  • Electric Baseboard Heater
  • Electric Water Heater

Listing and Financial Details

  • Tax Lot 8447
  • Assessor Parcel Number 06-5307-72-42-8447

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,158

Year Built

Built in 1910

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Structure Type: Interior Row/Townhouse
  • Ownership: Fee Simple
  • New Construction: No
  • Year Built: 1910
  • Automatically Close On Close Date: No
  • Special Features: 12
  • Property Sub Type: MultiFamily

Interior Features

  • Foundation Details: Concrete Perimeter
  • Total Sq Ft: 3239
  • Living Area Sq Ft: 3239
  • Price Per Sq Ft: 87.99
  • Above Grade Finished Sq Ft: 3239
  • Above Grade Finished Area Units: Square Feet

Exterior Features

  • Other Structures: Above 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

Utilities

  • Central Air Conditioning: No
  • Heating Fuel: Electric
  • Heating Type: Baseboard - Electric
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association Recreation Fee: No

Schools

  • School District Source: Listing Agent

Lot Info

  • Lot Size Acres: 0.05
  • Lot Dimensions: 0.00 x 0.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 2178.00
  • Zoning: RESIDENTIAL

Rental Info

  • Vacation Rental: No

Tax Info

  • School Tax: 475.00
  • Tax Annual Amount: 1158.00
  • Assessor Parcel Number: 06-5307-72-42-8447
  • Tax Lot: 8447
  • County Tax Payment Frequency: Annually
  • Tax Year: 2023

Multi Family

  • Other Units: Unit 1,Unit 2,Unit 4,Unit 5,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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Average Value
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List Price
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
04/25/2024 04/25/24 Sold $220,000 -22.8% $68 / Sq Ft
04/04/2024 04/04/24 Pending -- -- --
03/06/2024 03/06/24 For Sale $285,000 -- $88 / Sq Ft
Source: Bright MLS

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $719 $26,500 $6,300 $20,200
2024 $1,177 $26,500 $6,300 $20,200
2023 $1,158 $26,500 $6,300 $20,200
2022 $1,158 $26,500 $6,300 $20,200
2021 $1,158 $26,500 $6,300 $20,200
2020 $1,147 $26,500 $6,300 $20,200
2019 $1,147 $26,500 $6,300 $20,200
2018 $1,147 $26,500 $6,300 $20,200
2017 $1,139 $26,500 $6,300 $20,200
2016 $651 $26,500 $6,300 $20,200
2015 $651 $26,500 $6,300 $20,200
2014 $599 $26,500 $6,300 $20,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: PABK2040406

Bright MLS

APN: 5307-72-42-8447