NOT LISTED FOR SALE

56-1 Hill Ave Reading, PA 19606

-- Bed
2 Baths
1,161 Sq Ft
1985 Built

Last Sold April 02, 2012

Last sale price $60,000 $52 Per Sq Ft

12 Days on Market

About This Home

As of April 2012

Strong Numbers*No Headaches*Perfect Investment! This updated/1st FL/end unit/2 BR/2 BA condo is literally maintenance free! Located in a well groomed community close to major routes and amenities. The $203 HOA fee covers everything you can think of! It's difficult to find an easier 8-9% return on your investment! Property is just 30 mins. from Brownstown & 25 mins. from Shady Maple. See it today!

Last Agent to Sell the Property

Jesse Landis

Kingsway Realty - Lancaster Listed on: 02/09/2012

Last Buyer's Agent

Jack Fry

RE/MAX Of Reading License #RM028607C

RE/MAX Of Reading

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1985

Home Design

  • Shingle Roof
  • Composition Roof
  • Vinyl Siding

Laundry

  • Washer and Dryer Hookup

Parking

  • 2 Parking Spaces
  • Off-Street Parking

Outdoor Features

  • Shed
  • Storage Shed

Schools

  • Exeter Township High School

Utilities

  • Forced Air Heating and Cooling System
  • 100 Amp Service
  • Natural Gas Water Heater
  • Cable TV Available

Additional Features

  • Basement

Listing and Financial Details

  • Tenant pays for heat, hot water, water
  • Assessor Parcel Number 43532506382870C91

Community Details

Overview

  • Property has a Home Owners Association
  • Laurel Springs Subdivision

Building Details

  • Income includes apartment rentals
  • Insurance Expense $400
  • Other Expense $2,436
  • Operating Expense $2,836
  • Net Operating Income $5,138

Property Details

Home Type

Multi-Family

Year Built

Built in 1985

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • New Construction: No
  • Other Expense: 2436.00
  • Storage: Shed
  • Year Built: 1985
  • Remarks Public: Strong Numbers*No Headaches*Perfect Investment! This updated/1st FL/end unit/2 BR/2 BA condo is literally maintenance free! Located in a well groomed community close to major routes and amenities. The $203 HOA fee covers everything you can think of! It's difficult to find an easier 8-9% return on your investment! Property is just 30 mins. from Brownstown & 25 mins. from Shady Maple. See it today!
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Washer/Dryer Hookups Only
  • Fireplace: No
  • Basement: Yes
  • Basement Type: Slab
  • Street Number Modifier: 56-1

Exterior Features

  • Construction Materials: Vinyl Siding
  • Construction Completed: No
  • Roof: Composite, Shingle
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Parking Spaces Total: 2.00
  • Type Of Parking: Off Street

Utilities

  • Central Air Conditioning: Yes
  • Cooling Type: Central A/C
  • Cooling: Yes
  • Electric Service: 100 Amp Service
  • Heating Fuel: Natural Gas
  • Heating Type: Forced Air
  • Heating: Yes
  • Hot Water: Natural Gas
  • Security: Smoke Detector
  • Sewer/Septic System: Public Sewer
  • Utilities: Cable Tv Available
  • Water Source: Public

Condo/Co-op/Association

  • Condo Co-Op Association: Yes
  • HOA: No

Schools

  • School District: EXETER TOWNSHIP
  • High School: EXETER TOWNSHIP
  • School District Key: 300200397319
  • High School: EXETER TOWNSHIP

Lot Info

  • Property Attached Yn: Yes
  • Zoning Description: Residential
  • In City Limits: Yes

Rental Info

  • Tenant Pays: Heat, Hot Water, Water
  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 1503476
  • School Tax: 1677.01
  • Tax Annual Amount: 2225.80
  • Assessor Parcel Number: 43532506382870C91
  • County Tax Payment Frequency: Annually
  • Close Date: 04/02/2012

Multi Family

  • Gross Income: 10200.00
  • Income Includes: Apartment Rentals
  • Operating Expense: 2836.00
  • Other Units: Unit 1,Unit 2,Unit 4,Unit 5,Unit 3,Unit 6

MLS Schools

  • School District Name: EXETER TOWNSHIP

Range of Values:

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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 Change Sq Ft Price
04/02/2012 04/02/12 Sold $60,000 +0.2% $52 / Sq Ft
02/21/2012 02/21/12 Pending -- -- --
02/09/2012 02/09/12 For Sale $59,900 -- $52 / Sq Ft
Source: Bright MLS

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2012

    Jesse Landis

    Kingsway Realty - Lancaster

    (717) 283-6241

    55 Total Sales

    Jesse Landis
    Section Image
  • Jack Fry

    Buyer's Agent in 2012

    Jack Fry

    RE/MAX of Reading

    (610) 693-5263

    30 Total Sales

    Jack Fry
    Section Image
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Map

Source: Bright MLS

MLS Number: 1002724697

Bright MLS
Pennsylvania Berks County Reading 19606

56-1 Hill Ave, Reading, PA

This home is located at 56-1 Hill Ave, Reading, PA 19606 since 09 February 2012. This property was built in 1985. 56-1 Hill Ave is a home located in Berks County with nearby schools including Mount Penn Primary Center, Mount Penn Elementary Center, and Antietam Middle Senior High School.

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