NOT LISTED FOR SALE

541 Chestnut St West Reading, PA 19611

-- Bed
2 Baths
1,546 Sq Ft
2,178 Sq Ft Lot

Last Sold August 09, 2021

Last sale price $174,000 $113 Per Sq Ft

9 Days on Market

Highlights

  • Traditional Architecture
  • No HOA
  • Level Lot
  • West Reading Elementary Center Rated A-
  • 1 Car Direct Access Garage
  • Radiator

About This Home

As of August 2021

2 unit in Wyomissing schools. Ideal location in West Reading Borough near many restaurants, bars, parks, pool, hospital & museum. Building includes separate Electric meters and furnaces. Separate water heaters, heated enclosed front porch, yard and detached garage with electric. Long term tenants. Tenants pay electric, heat, water, sewer & trash (owner pays water, sewer & trash and gets reimburse by tenant accordingly.) Garage which is currently not rented. Was once rented for $150. *Roof, siding, gutters and spouting replaced 2015.

Last Listed By

BARRY CIABATTONI

RE/MAX Of Reading License #RS191095L Listed on: 06/18/2021

RE/MAX Of Reading

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,398

Year Built

  • Built in 1900

Lot Details

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

Parking

  • 1 Car Direct Access Garage
  • Public Parking
  • Rear-Facing Garage
  • On-Street Parking

Home Design

  • Duplex
  • Traditional Architecture
  • Brick Exterior Construction
  • Asphalt Roof
  • Rubber Roof
  • Vinyl Siding

Interior Spaces

  • 1,546 Sq Ft Home
  • Basement Fills Entire Space Under The House

Kitchen

  • Built-In Range
  • Dishwasher

Utilities

  • Window Unit Cooling System
  • Radiator
  • 100 Amp Service
  • Natural Gas Water Heater
  • Municipal Trash
  • Phone Available
  • Cable TV Available

Listing and Financial Details

  • The owner pays for insurance, sewer, real estate taxes, trash collection, water
  • Tax Lot 9567
  • Assessor Parcel Number 93-5306-05-19-9567

Community Details

Overview

  • No Home Owners Association
  • 2 Units

Building Details

  • Rent Control
  • Income includes apartment rentals
  • Insurance Expense $669
  • Other Expense $225
  • Trash Expense $680
  • Gross Income $18,000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,398

Year Built

Built in 1900

Lot Details

0

Parking

1

Listing Details

  • Property Type: Multi-Family
  • Property Sub Type: Duplex
  • Structure Type: Interior Row/Townhouse
  • Architectural Style: Traditional
  • Ownership: Fee Simple
  • Exclusions: window unit A/C's, window treatments
  • Historic: No
  • Home Warranty: No
  • Inclusions: range, reiterator, DW's, Dryer, Washer (not operational)
  • New Construction: No
  • Other Expense: 225.00
  • Year Built: 1900
  • Automatically Close On Close Date: No
  • Building Winterized: No
  • Remarks Public: 2 unit in Wyomissing schools. Ideal location in West Reading Borough near many restaurants, bars, parks, pool, hospital & museum. Building includes separate Electric meters and furnaces. Separate water heaters, heated enclosed front porch, yard and detached garage with electric. Long term tenants. Tenants pay electric, heat, water, sewer & trash (owner pays water, sewer & trash and gets reimburse by tenant accordingly.) Garage which is currently not rented. Was once rented for $150. *Roof, siding, gutters and spouting replaced 2015.
  • Special Features: None

Interior Features

  • Appliances: Built-In Range, Dishwasher, Refrigerator
  • Fireplace: No
  • Basement: Yes
  • Basement Type: Full
  • Total Sq Ft: 1546
  • Living Area Sq Ft: 1546
  • Price Per Sq Ft: 116.36
  • Above Grade Finished Sq Ft: 1546
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 541

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Brick, Vinyl Siding
  • Roof: Asphalt, Rubber
  • Spa: No
  • View: Street
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage Spaces: 1.00
  • Garage: Yes
  • Parking Features: Public
  • Garage Features: Garage - Rear Entry, Inside Access
  • Number Of Detached Garage Spaces: 1
  • Total Garage And Parking Spaces: 1
  • Type Of Parking: Detached Garage, On Street

Utilities

  • Central Air Conditioning: No
  • Cooling Fuel: Electric
  • Cooling Type: Window Unit(s)
  • Electric Service: 100 Amp Service, Circuit Breakers
  • Heating Fuel: Natural Gas
  • Heating Type: Radiator
  • Heating: Yes
  • Hot Water: Natural Gas
  • Sewer/Septic System: Public Sewer
  • Utilities: Cable Tv, Electric Available, Natural Gas Available, Phone Available, Sewer Available, Water Available
  • Water Source: Public
  • Municipal Trash: Yes

Condo/Co-op/Association

  • HOA: No

Schools

  • School District: WYOMISSING AREA
  • School District Key: 300200397308
  • School District Source: Listing Agent

Green Features

  • Clean Green Assessed: No

Lot Info

  • Improvement Assessed Value: 50400.00
  • Land Assessed Value: 17000.00
  • Land Use Code: 138R
  • Lot Features: Level, Rear Yard
  • Lot Size Acres: 0.05
  • Lot Dimensions: 0.00 x 0.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 2178.00
  • Property Condition: Good
  • Year Assessed: 2021
  • Zoning: RESIDENTIAL
  • Zoning Description: Residential

Rental Info

  • Existing Lease Type: Yearly
  • Owner Pays: Insurance, Sewer, Taxes - Real Estate, Trash Collection, Water
  • Rent Control: Yes
  • Units Furnished: All
  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 1587387
  • School Tax: 2150.00
  • School Tax Pymnt Freq: Annually
  • Tax Annual Amount: 3398.00
  • Assessor Parcel Number: 93-5306-05-19-9567
  • Tax Lot: 9567
  • Tax Total Finished Sq Ft: 1546
  • County Tax Payment Frequency: Annually
  • Tax Year: 2021
  • Close Date: 08/09/2021

Multi Family

  • Gross Scheduled Income: 18000.00
  • Income Includes: Apartment Rentals
  • Other Units: Unit 1,Unit 2,Unit 3

MLS Schools

  • School District Name: WYOMISSING AREA

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
08/09/2021 08/09/21 Sold $174,000 -3.3% $113 / Sq Ft
06/27/2021 06/27/21 Pending -- -- --
06/18/2021 06/18/21 For Sale $179,900 +40.5% $116 / Sq Ft
06/15/2012 06/15/12 Sold $128,000 -4.5% $83 / Sq Ft
05/02/2012 05/02/12 Pending -- -- --
04/23/2012 04/23/12 For Sale $134,000 -- $87 / 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: PABK2000362

Bright MLS

APN: 5306-05-19-9567