NOT LISTED FOR SALE

432 S 5th St Reading, PA 19602

Studio
-- Bath
-- Sq Ft
2,614 Sq Ft Lot

Last Sold May 26, 2017

Last sale price $183,000

5 Days on Market

Highlights

  • Wood Flooring
  • Wood Siding
  • Heating Available
  • No HOA

About This Home

As of May 2017

Great 5 unit on S. 5th Street, located in the Callowhill Historic District. Well maintained brick multi unit with good income. New gas furnace and chimney liner installed 9/14. Owners unit has commercial kitchen and 2 bedrooms. The 4 others are 1 bedroom units fully rented. the building has a current cap rate over 15 percent. Recently inspected by city codes. Great investment property for the savey investor. Public transportation available. Solid structure with newer electric service.

Last Agent to Sell the Property

Michael Yourkavitch

(610) 373-9900 j5sd@aol.com Coldwell Banker Realty Listed on: 03/08/2017

Coldwell Banker Realty

Co-Listed By

Debora Scheidt

(610) 373-9900 deb@debscheidt.com Coldwell Banker Realty License #RS283762

Last Buyer's Agent

datacorrect BrightMLS

(844) 552-7444 datacorrect@brightmls.com Non Subscribing Office

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,902

Year Built

  • Built in 1905

Lot Details

  • 2,614 Sq Ft Lot
  • Property is in good condition

Parking

  • On-Street Parking

Home Design

  • Brick Exterior Construction
  • Stone Foundation
  • Pitched Roof
  • Shingle Roof
  • Wood Siding
  • Concrete Perimeter Foundation

Flooring

  • Wood
  • Wall to Wall Carpet
  • Vinyl

Unfinished Basement

  • Basement Fills Entire Space Under The House
  • Basement Storage

Schools

  • Reading Senior High School

Utilities

  • Heating Available
  • 200+ Amp Service
  • Electric Water Heater

Listing and Financial Details

  • Tax Lot 7631
  • Assessor Parcel Number 01-5306-35-77-7631

Community Details

Overview

  • No Home Owners Association

Building Details

  • Electric Expense $600
  • Insurance Expense $1,000
  • Maintenance Expense $1,000
  • Operating Expense $9,802

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,902

Year Built

Built in 1905

Lot Details

2,614 Sq Ft Lot

Listing Details

  • Property Type: Multi-Family
  • Structure Type: Interior Row/Townhouse
  • Ownership: Fee Simple
  • New Construction: No
  • Storage: Basement
  • Year Built: 1905
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring Type: Wood, Fully Carpeted, Vinyl
  • Fireplace: No
  • Entry Location: Foyer
  • Foundation Details: Stone, Concrete Perimeter
  • Room List: Primary Bedroom
  • Basement: Yes
  • Basement Type: Full, Unfinished

Exterior Features

  • Construction Materials: Wood Siding, Brick
  • Exterior Features: Sidewalks, Street Lights
  • Roof: Pitched, Shingle
  • 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: 2300.00
  • Central Air Conditioning: No
  • Electric Expense: 600.00
  • Electric Service: 200+ Amp Service
  • Heating Fuel: Electric
  • Heating Type: Electric
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Public Sewer
  • Water Sewer Expenses: 2000.00
  • Water Source: Public

Condo/Co-op/Association

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

Schools

  • High School: READING SENIOR

Lot Info

  • Improvement Assessed Value: 43600.00
  • Land Assessed Value: 23900.00
  • Lot Size Acres: 0.06
  • Lot Dimensions: .06
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 2614.00
  • Property Condition: Good
  • Zoning: COM

Rental Info

  • Vacation Rental: No

Multi Family

  • Gross Income: 35880.00
  • Other Units: Unit 1,Unit 2,Unit 4,Unit 5,Unit 3

Tax Info

  • Assessor Parcel Number: 1440096
  • Tax Annual Amount: 2902.00
  • Assessor Parcel Number: 01-5306-35-77-7631
  • Tax Lot: 7631
  • Tax Year: 2017

MLS Schools

  • School District Name: READING
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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
05/26/2017 05/26/17 Sold $183,000 +22.1% --
03/13/2017 03/13/17 Pending -- -- --
03/08/2017 03/08/17 For Sale $149,900 -- --
Source: Bright MLS

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Map

Source: Bright MLS

MLS Number: 1003656163

Bright MLS
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