NOT LISTED FOR SALE

535 Franklin St Reading, PA 19602

-- Bed
4 Baths
2,988 Sq Ft
2,178 Sq Ft Lot

Last Sold August 19, 2014

Last sale price $75,000 $25 Per Sq Ft

1,809 Days on Market

Highlights

  • Wood Flooring
  • En-Suite Primary Bedroom
  • Hot Water Heating System
  • No HOA

About This Home

As of August 2014

Great condition 4 unit apartment building plus 1 office. Each unit has been remodeled as well as common areas. Building is well maintained with excellent rental history and cash flow. Tenants pay hot water and electric. Great investment!

Last Agent to Sell the Property

Ed Hong

Keller Williams Platinum Realty - Wyomissing Listed on: 08/11/2009

Keller Williams Platinum Realty - Wyomissing

Last Buyer's Agent

Gregory Martire

Springer Realty Group License #RS225353L

Springer Realty Group

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,383

Year Built

  • Built in 1905

Lot Details

  • 2,178 Sq Ft Lot
  • Property is in good condition

Parking

  • On-Street Parking

Home Design

  • Flat Roof Shape
  • Brick Exterior Construction
  • Stone Foundation

Interior Spaces

  • En-Suite Primary Bedroom
  • 2,988 Sq Ft Home
  • Basement Fills Entire Space Under The House

Flooring

  • Wood
  • Tile or Brick
  • Vinyl

Schools

  • Reading Senior High School

Utilities

  • Radiator
  • Heating System Uses Oil
  • Hot Water Heating System
  • 200+ Amp Service
  • Electric Water Heater

Listing and Financial Details

  • Tax Lot 2649
  • Assessor Parcel Number 04-5306-27-89-2649

Community Details

Overview

  • No Home Owners Association

Building Details

  • Electric Expense $250
  • Insurance Expense $2,320
  • Other Expense $400
  • Operating Expense $11,968

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,383

Year Built

Built in 1905

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Structure Type: Interior Row/Townhouse
  • Ownership: Fee Simple
  • Inclusions: 4 Stoves, 4 Refrigerator
  • New Construction: No
  • Other Expense: 400.00
  • Year Built: 1905
  • Remarks Public: Great condition 4 unit apartment building plus 1 office. Each unit has been remodeled as well as common areas. Building is well maintained with excellent rental history and cash flow. Tenants pay hot water and electric. Great investment!
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring Type: Wood, Vinyl, Tile/Brick
  • Fireplace: No
  • Entry Location: Foyer
  • Foundation Details: Stone
  • Room List: Primary Bedroom
  • Basement: Yes
  • Basement Type: Full
  • Total Sq Ft: 2988
  • Living Area Sq Ft: 2988
  • Price Per Sq Ft: 25.10
  • Above Grade Finished Sq Ft: 2988
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 535

Exterior Features

  • Other Structures: Above Grade
  • Construction Materials: Brick
  • Construction Completed: No
  • Roof: Flat
  • 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: 5500.00
  • Central Air Conditioning: No
  • Electric Expense: 250.00
  • Electric Service: 200+ Amp Service
  • Heating Fuel: Oil
  • Heating Type: Oil, Hot Water, Radiator
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Public Sewer
  • Water Sewer Expenses: 2193.00
  • 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: 27400.00
  • Land Assessed Value: 7200.00
  • Land Use Code: 138R
  • Lot Size Acres: 0.05
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 2178.00
  • Property Condition: Good

Rental Info

  • Vacation Rental: No

Multi Family

  • Gross Income: 28200.00
  • Other Units: Unit 1,Unit 2,Unit 4,Unit 5,Unit 3
  • Single Room Units Count: 1

Tax Info

  • Assessor Parcel Number: 1442764
  • Tax Annual Amount: 1383.00
  • Assessor Parcel Number: 04-5306-27-89-2649
  • Tax Lot: 2649
  • Tax Year: 2014
  • Close Date: 08/19/2014

MLS Schools

  • School District Name: READING

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
08/19/2014 08/19/14 Sold $75,000 -51.6% $25 / Sq Ft
07/25/2014 07/25/14 Pending -- -- --
08/11/2009 08/11/09 For Sale $155,000 -- $52 / 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: 1005368072

Bright MLS

APN: 5306-27-89-2649