$335,000
SOLD JUL 1, 2024
-- Bed
-- Bath
2,141 Sq Ft
1,742 Sq Ft Lot

Recently Sold

$156 Per Sq Ft

3% Below List Price

9 Days on Market

Highlights

  • Traditional Architecture
  • 1 Car Detached Garage
  • Electric Baseboard Heater

About This Home

As of July 2024

Fantastic income-generating opportunity in the heart of Reading! This 4-unit building offers immediate returns for savvy investors or owner-occupiers. With Unit 1 fetching $1000, Unit 2 at $750, Unit 3 at $800, and Unit 4 at $700, the potential for steady cash flow is evident from day one. Plus, enjoy the added convenience of a 1-car garage. Whether you're looking to have tenants cover your mortgage or seeking a profitable investment, this property is not to be missed!

Last Agent to Sell the Property

Mr. Nelson Gamez

Realty One Group Alliance License #RM426110 Listed on: 05/10/2024

Realty One Group Alliance

Last Buyer's Agent

Mark Crystal

Sands & Company Real Estate License #RS338130

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,810

Year Built

  • Built in 1900

Lot Details

  • 1,742 Sq Ft Lot

Parking

  • 1 Car Detached Garage
  • Rear-Facing Garage

Home Design

  • 2,141 Sq Ft Home
  • Quadruplex
  • Traditional Architecture
  • Brick Exterior Construction

Utilities

  • Heating System Uses Oil
  • Electric Baseboard Heater
  • Natural Gas Water Heater

Community Details

  • 4 Units

Listing and Financial Details

  • Tax Lot 1619
  • Assessor Parcel Number 12-5317-61-03-1619

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,810

Year Built

Built in 1900

Lot Details

0

Parking

1

Listing Details

  • Property Type: Multi-Family
  • Property Sub Type: Quadruplex
  • Structure Type: Interior Row/Townhouse
  • Architectural Style: Traditional
  • Ownership: Fee Simple
  • New Construction: No
  • Year Built: 1900
  • Automatically Close On Close Date: No
  • Remarks Public: Fantastic income-generating opportunity in the heart of Reading! This 4-unit building offers immediate returns for savvy investors or owner-occupiers. With Unit 1 fetching $1000, Unit 2 at $750, Unit 3 at $800, and Unit 4 at $700, the potential for steady cash flow is evident from day one. Plus, enjoy the added convenience of a 1-car garage. Whether you're looking to have tenants cover your mortgage or seeking a profitable investment, this property is not to be missed!
  • Special Features: None

Interior Features

  • Fireplace: No
  • Foundation Details: Other
  • Total Sq Ft: 2141
  • Living Area Sq Ft: 2141
  • Price Per Sq Ft: 161.09
  • Above Grade Finished Sq Ft: 2141
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 613

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 Spaces: 1.00
  • Garage: Yes
  • Garage Features: Garage - Rear Entry
  • Number Of Detached Garage Spaces: 1
  • Total Garage And Parking Spaces: 1
  • Type Of Parking: Detached Garage

Utilities

  • Central Air Conditioning: No
  • Heating Fuel: Oil
  • Heating Type: Baseboard - Electric
  • 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: 138R
  • Lot Size Acres: 0.04
  • Lot Dimensions: 0.00 x 0.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 1742.00
  • Year Assessed: 2023
  • Zoning: RES

Rental Info

  • Vacation Rental: No

Tax Info

  • School Tax: 742.00
  • Tax Annual Amount: 1810.00
  • Assessor Parcel Number: 12-5317-61-03-1619
  • Tax Lot: 1619
  • Tax Total Finished Sq Ft: 2141
  • County Tax Payment Frequency: Annually
  • Tax Data Updated: No
  • Tax Year: 2023
  • Close Date: 07/01/2024

Multi Family

  • Other Units: Unit 1,Unit 2,Unit 4,Unit 3
  • Single Room Units Count: 3

MLS Schools

  • School District Name: READING

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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
07/01/2024 07/01/24 Sold $335,000 -2.9% $156 / Sq Ft
05/19/2024 05/19/24 Pending -- -- --
05/10/2024 05/10/24 For Sale $344,900 +122.5% $161 / Sq Ft
12/10/2021 12/10/21 Sold $155,000 0.0% $72 / Sq Ft
11/14/2021 11/14/21 Off Market $155,000 -- --
09/28/2021 09/28/21 For Sale $169,500 +9.4% $79 / Sq Ft
09/22/2021 09/22/21 Off Market $155,000 -- --
09/20/2021 09/20/21 Pending -- -- --
09/17/2021 09/17/21 Price Changed $169,500 -2.9% $79 / Sq Ft
09/07/2021 09/07/21 Price Changed $174,500 -0.3% $82 / Sq Ft
08/05/2021 08/05/21 For Sale $175,000 -- $82 / 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: PABK2043116

Bright MLS

APN: 5317-61-03-1619