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
  • No HOA
  • Hot Water Heating System

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

(484) 269-3638 edhong@kw.com Keller Williams Platinum Realty - Wyomissing Listed on: 08/11/2009

Keller Williams Platinum Realty - Wyomissing

Last Buyer's Agent

Gregory Martire

(484) 997-8068 GregoryMartire@gmail.com 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

  • 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
  • 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

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

  • High School: READING SENIOR

Lot Info

  • Improvement Assessed Value: 27400.00
  • Land Assessed Value: 7200.00
  • 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

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

MLS Schools

  • School District Name: READING

Range of Values:

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Value Increase
--
Percent Increase
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Adjusted for Inflation
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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
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

  • Ed Hong

    Seller's Agent in 2014

    Ed Hong

    Keller Williams Platinum Realty - Wyomissing

    (484) 269-3638

    1 in this area

    41 Total Sales

    Ed Hong
    Section Image
  • Gregory Martire

    Buyer's Agent in 2014

    Gregory Martire

    Springer Realty Group

    (484) 997-8068

    215 Total Sales

    Gregory Martire
    Section Image
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Map

Source: Bright MLS

MLS Number: 1005368072

Bright MLS

APN: 5306-27-89-2649

Pennsylvania Berks County Reading 19602

535 Franklin St, Reading, PA

Not Listed for Sale

MultiFamily

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