$300,000
SOLD NOV 18, 2024

527 Greenwich St Reading, PA 19601

-- Bed
-- Bath
3,406 Sq Ft
2,613 Sq Ft Lot

Recently Sold

$88 Per Sq Ft

9% Above List Price

7 Days on Market

About This Home

As of November 2024

Spacious 3-2 Bedroom Units – Prime City Location with Excellent Rental Income!
Discover this fantastic investment opportunity with spacious 3-2 bedroom units in a convenient location in the heart of the city with easy access to public transportation, shopping, restaurants, and entertainment options. These well-designed units offer great rental income, making them perfect for both investors and homeowners looking to generate a strong return on investment (ROI).
Don't miss out on this rare chance to secure a property that not only offers a comfortable living space but also an impressive financial return.

Last Agent to Sell the Property

Anthony Borelli

Century 21 Gold License #RS227951L

Century 21 Gold

Last Buyer's Agent

Fernando Hernandez

Iron Valley Real Estate of Berks

Iron Valley Real Estate of Berks

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,220

Year Built

  • Built in 1900

Lot Details

  • 2,613 Sq Ft Lot

Parking

  • On-Street Parking

Home Design

  • Triplex
  • Victorian Architecture
  • Brick Exterior Construction

Interior Spaces

  • 3,406 Sq Ft Home
  • Basement Fills Entire Space Under The House

Utilities

  • Hot Water Baseboard Heater
  • Natural Gas Water Heater

Listing and Financial Details

  • Tax Lot 2623
  • Assessor Parcel Number 14-5307-67-83-2623

Community Details

Overview

  • 3 Units

Building Details

  • Operating Expense $9,575
  • Net Operating Income $33,625

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,220

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Property Sub Type: Triplex
  • Structure Type: Twin/Semi-Detached
  • Architectural Style: Victorian
  • Ownership: Fee Simple
  • New Construction: No
  • Year Built: 1900
  • Automatically Close On Close Date: No
  • Remarks Public: Spacious 3-2 Bedroom Units – Prime City Location with Excellent Rental Income! Discover this fantastic investment opportunity with spacious 3-2 bedroom units in a convenient location in the heart of the city with easy access to public transportation, shopping, restaurants, and entertainment options. These well-designed units offer great rental income, making them perfect for both investors and homeowners looking to generate a strong return on investment (ROI). Don't miss out on this rare chance to secure a property that not only offers a comfortable living space but also an impressive financial return.
  • Special Features: None

Interior Features

  • Fireplace: No
  • Foundation Details: Other
  • Basement: Yes
  • Basement Type: Full
  • Total Sq Ft: 3406
  • Living Area Sq Ft: 3406
  • Price Per Sq Ft: 80.71
  • Above Grade Finished Sq Ft: 3406
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 527

Exterior Features

  • Other Structures: Above Grade, Below 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
  • Type Of Parking: On Street

Utilities

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

Schools

  • School District: READING
  • School District Key: 300200397169
  • School District Source: Listing Agent

Lot Info

  • Land Use Code: 133
  • Lot Size Acres: 0.06
  • Lot Dimensions: 0.00 x 0.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 2613.00
  • Year Assessed: 2024
  • Zoning: R-3

Rental Info

  • Existing Lease Type: Yearly
  • Total Actual Rent: 43200.00
  • Vacation Rental: No

Tax Info

  • Tax Annual Amount: 1220.00
  • Assessor Parcel Number: 14-5307-67-83-2623
  • Tax Lot: 2623
  • Tax Total Finished Sq Ft: 3112
  • County Tax Payment Frequency: Annually
  • Tax Year: 2024
  • Close Date: 11/18/2024

Multi Family

  • Operating Expense: 9575.00
  • Other Units: Unit 1,Unit 2,Unit 3

MLS Schools

  • School District Name: READING

Map

Range of Values:

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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 Change Sq Ft Price
11/18/2024 11/18/24 Sold $300,000 +9.1% $88 / Sq Ft
10/21/2024 10/21/24 Pending -- -- --
10/14/2024 10/14/24 For Sale $274,900 -- $81 / Sq Ft
Source: Bright MLS

Source: Bright MLS

MLS Number: PABK2049804

Bright MLS

APN: 5307-67-83-2623