NOT LISTED FOR SALE

700 N 3rd St Reading, PA 19601

Studio
-- Bath
-- Sq Ft
13,939 Sq Ft Lot

Last Sold April 29, 2014

Last sale price $265,000

266 Days on Market

Highlights

  • No HOA
  • Heating System Uses Gas
  • 3-minute walk to Second & Oley Playground

About This Home

As of April 2014

This lovely showpiece multi-unit is well appointment in Reading's Centre Park Historic District. 8 large and easy to rent units await your investment portofolio to start making you some money. This building is in excellent condition and features all the old world charm this area represents. If you are looking for that rare multi-unit building, this is a must see building. Sale includes a 7 unit building plus a separate carriage house. Gross annual income includes income from washers and dryers (coin operated) - approximately $200 per quarter. This property can be purchased with 1101 Greenwich St

Last Agent to Sell the Property

Carlos Aponte

(914) 712-6330 contact@erealtyadvisors.com eRealty Advisors, Inc Listed on: 06/11/2013

eRealty Advisors, Inc

Last Buyer's Agent

datacorrect BrightMLS

(844) 552-7444 datacorrect@brightmls.com Non Subscribing Office

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1913

Lot Details

  • 0.32 Acre Lot
  • Property is in good condition

Home Design

  • Brick Exterior Construction

Basement

  • Basement Fills Entire Space Under The House

Parking

  • 5 Open Parking Spaces
  • Private Parking

Schools

  • Reading Senior High School

Utilities

  • Heating System Uses Gas
  • Heating System Uses Natural Gas
  • Natural Gas Water Heater

Listing and Financial Details

  • Tax Lot 6189
  • Assessor Parcel Number 14-5307-58-64-6189

Community Details

Overview

  • No Home Owners Association

Building Details

  • Electric Expense $1,136
  • Insurance Expense $3,000
  • Maintenance Expense $500
  • Other Expense $500
  • Operating Expense $21,064

Property Details

Home Type

Multi-Family

Year Built

Built in 1913

Lot Details

0.32 Acres

Listing Details

  • Property Type: Multi-Family
  • Structure Type: Interior Row/Townhouse
  • Ownership: Fee Simple
  • New Construction: No
  • Other Expense: 500.00
  • Year Built: 1913
  • Special Features: VirtualTour
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: No
  • Room List: Primary Bedroom
  • Basement: Yes
  • Basement Type: Full

Exterior Features

  • Construction Materials: Brick
  • Construction Completed: No
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Open Parking Spaces Count: 5
  • Parking Features: Private

Utilities

  • Annual Heating Expense: 3960.00
  • Central Air Conditioning: No
  • Electric Expense: 1136.00
  • Heating Fuel: Natural Gas
  • Heating Type: Gas
  • Heating: Yes
  • Hot Water: Natural Gas
  • Sewer/Septic System: Public Sewer
  • Water Sewer Expenses: 5291.00
  • Water Source: Public

Condo/Co-op/Association

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

Schools

  • High School: READING SENIOR

Lot Info

  • Improvement Assessed Value: 129000.00
  • Land Assessed Value: 38000.00
  • Lot Size Acres: 0.32
  • Lot Dimensions: IRREG
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 13939.00
  • Property Condition: Good
  • Zoning: RES

Rental Info

  • Vacation Rental: No

Multi Family

  • Gross Income: 62600.00
  • Other Units: Unit 1,Unit 2,Unit 4,Unit 5,Unit 8,Unit 3,Unit 6,Unit 7

Tax Info

  • Assessor Parcel Number: 1454493
  • Tax Annual Amount: 6677.00
  • Assessor Parcel Number: 14-5307-58-64-6189
  • Tax Lot: 6189
  • Tax Year: 2014

MLS Schools

  • School District Name: READING
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Property History

Date Event Price List to Sale Price per Sq Ft
04/29/2014 04/29/14 Sold $265,000 -11.6% --
03/04/2014 03/04/14 Pending -- -- --
06/11/2013 06/11/13 For Sale $299,900 -- --
Source: Bright MLS

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $4,533 $167,000 $38,000 $129,000
2024 $7,415 $167,000 $38,000 $129,000
2023 $7,301 $167,000 $38,000 $129,000
2022 $7,301 $167,000 $38,000 $129,000
2021 $7,301 $167,000 $38,000 $129,000
2020 $7,227 $167,000 $38,000 $129,000
2019 $7,227 $167,000 $38,000 $129,000
2018 $7,227 $167,000 $38,000 $129,000
2017 $7,179 $167,000 $38,000 $129,000
2016 $4,101 $167,000 $38,000 $129,000
2015 $4,101 $167,000 $38,000 $129,000
2014 $3,774 $167,000 $38,000 $129,000
Source: Public Records

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Map

Source: Bright MLS

MLS Number: 1003483222

Bright MLS
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