NOT LISTED FOR SALE
Studio
-- Bath
10,344 Sq Ft
2,614 Sq Ft Lot

Sale Details

Date Sold: April 11, 2025

Last sale price $900,000 $87 Per Sq Ft

22 Days on Market

Highlights

  • City View
  • Wood Flooring
  • Double Door Entry
  • 0.06 Acre Lot
  • Corner Lot
  • 4-minute walk to City Park

About This Home

As of April 2025

Great investment opportunity; This 8 units building has been well kept, and always rented.

Last Agent to Sell the Property

Angelo Giannotti

(610) 670-2770 info@goberkscounty.com RE/MAX Of Reading License #RS-271069 Listed on: 11/21/2024

RE/MAX Of Reading

Last Buyer's Agent

Angelo Giannotti

(610) 670-2770 info@goberkscounty.com RE/MAX Of Reading License #RS-271069 Listed on: 11/21/2024

RE/MAX Of Reading

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,089

Year Built

  • Built in 1911

Lot Details

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

Home Design

  • Stone Foundation
  • Plaster Walls
  • Rubber Roof
  • Stone Siding

Interior Spaces

  • 10,344 Sq Ft Home
  • Ceiling height of 9 feet or more
  • Double Door Entry
  • City Views
  • Partially Finished Basement

Flooring

  • Wood
  • Carpet
  • Ceramic Tile
  • Vinyl

Home Security

  • Home Security System
  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Utilities

  • Heating System Uses Natural Gas
  • Hot Water Heating System
  • 200+ Amp Service
  • Natural Gas Water Heater
  • Municipal Trash
  • Public Septic
  • Cable TV Available

Listing and Financial Details

  • The owner pays for gas, sewer, real estate taxes, trash collection, water
  • Tax Lot 0796
  • Assessor Parcel Number 08-5317-77-00-0796

Community Details

Overview

  • 4 Units

Building Details

  • Maintenance Expense $950
  • Net Operating Income $97,404

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,089

Year Built

Built in 1911

Lot Details

2,614 Sq Ft Lot

Listing Details

  • Property Type: Multi-Family
  • Structure Type: End Of Row/Townhouse
  • Ownership: Fee Simple
  • Exclusions: personal belonging
  • Historic: No
  • Inclusions: refrigerators and stoves in the residential units.
  • New Construction: No
  • Year Built: 1911
  • Automatically Close On Close Date: No
  • Building Winterized: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring Type: Carpet, Ceramic Tile, Hardwood, Vinyl
  • Fireplace: No
  • Door Features: Double Entry
  • Wall Ceiling Types: 9'+ Ceilings, Plaster Walls
  • Foundation Details: Stone
  • Basement: Yes
  • Basement Type: Partially Finished
  • Total Sq Ft: 10344
  • Living Area Sq Ft: 10344
  • Price Per Sq Ft: 87.01
  • Above Grade Finished Sq Ft: 10344
  • Above Grade Finished Area Units: Square Feet

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Stone
  • Road Surface Type: Paved
  • Roof: Rubber
  • Spa: No
  • View: City
  • 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
  • Electric Service: 200+ Amp Service
  • Heating Fuel: Electric, Natural Gas
  • Heating Type: Hot Water
  • Heating: Yes
  • Hot Water: Natural Gas
  • Security: Carbon Monoxide Detector(s), Security System, Smoke Detector
  • Sewer/Septic System: Public Septic
  • Utilities: Cable Tv
  • Water Source: Public
  • Municipal Trash: Yes

Schools

  • School District Source: Listing Agent

Lot Info

  • Lot Features: Corner
  • Lot Size Acres: 0.06
  • Lot Dimensions: 0.00 x 0.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 2614.00
  • Property Condition: Good
  • Soil Types: Unknown
  • Zoning: MIXED USE

Rental Info

  • Existing Lease Type: Month To Month
  • Owner Pays: Gas, Sewer, Taxes - Real Estate, Trash Collection, Water
  • Units Leased Count: 8
  • Vacation Rental: No

Tax Info

  • School Tax: 2055.00
  • School Tax Pymnt Freq: Annually
  • Tax Annual Amount: 5089.00
  • Assessor Parcel Number: 08-5317-77-00-0796
  • Tax Lot: 0796
  • County Tax Payment Frequency: Annually
  • Tax Year: 2024

Multi Family

  • Gross Income: 117660.00
  • Other Units: Unit 1,Unit 2,Unit 4,Unit 5,Unit 8,Unit 3,Unit 6,Unit 7

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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft Prior Sale
04/11/2025 04/11/25 Sold $900,000 0.0% $87 / Sq Ft
12/13/2024 12/13/24 Pending -- -- --
11/21/2024 11/21/24 For Sale $900,000 +168.7% $87 / Sq Ft
07/24/2020 07/24/20 Sold $335,000 -5.9% $32 / Sq Ft View Prior Sale
12/05/2019 12/05/19 Pending -- -- --
12/05/2019 12/05/19 For Sale $355,900 -- $34 / Sq Ft
Source: Bright MLS

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: PABK2051362

Bright MLS
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