
738 N 3rd St Reading, PA 19601
Highlights
- Victorian Architecture
- Radiant Heating System
- 1-minute walk to Centre Park
About This Home
As of October 2024BACK ON THE MARKET DUE TO BUYER'S FINANCING FALLING THROUGH (AFTER INSPECTION AND APPRAISAL CONTINGENCIES HAD ALREADY BEEN MET).....A RARELY OFFERED TRUE-BLUE "QUADRAPLEX" 4-UNIT MULTI-FAMILY BUILDING IN GOOD CONDITION! Building is fully occupied with loyal and mostly long-term tenants who pay their rent on time! Located in the "Centre Park Historic District." Boasting nearly 3,500 sq ft of living space (with large rooms in each unit), this gem offers old world charm with original of woodwork meets modern touches. Such a beautiful community and picturesque block! This building consists of three 1-bedroom apartment units plus one 2-bedroom apartment unit, with a serene backyard in the rear. It features a newer energy efficient heating system and is ripe for owner-occupants who'd like to have the rent-paying tenants help defray the mortgage and expenses. The new owner benefit from the revenue generated by the coin-operated washers and dryers located on-site which helps defray the landlord’s utility cost. Investors will also love this GREAT opportunity in this sought after, historical neighborhood. Must see in person to fully appreciate this one. NOTE: Seller may possibly consider an “assist/concession” for the right, qualified buyer with an attractive offer. Sellers says make ALL written offers known!
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $2,377
Year Built
- Built in 1910
Lot Details
- 3,920 Sq Ft Lot
- Property is in good condition
Parking
- On-Street Parking
Home Design
- 3,379 Sq Ft Home
- Quadruplex
- Victorian Architecture
- Brick Exterior Construction
- Brick Foundation
- Concrete Perimeter Foundation
Utilities
- Cooling System Utilizes Natural Gas
- Radiant Heating System
- Underground Utilities
- Natural Gas Water Heater
Additional Features
- Unfinished Basement
Listing and Financial Details
- The owner pays for heat, water, common area maintenance, sewer, snow removal, real estate taxes, lawn/shrub care, pest control
- Tax Lot 6561
- Assessor Parcel Number 14-5307-58-64-6561
Community Details
Overview
- 4 Units
- Centre Park Histor Subdivision
Building Details
- Income includes apartment rentals, laundry
- Gross Income $34,440
Map
Home Values in the Area
Average Home Value in this Area
Property History
Date | Event | Price | Change | Sq Ft Price |
---|---|---|---|---|
10/17/2024 10/17/24 | Sold | $290,000 | -17.1% | $86 / Sq Ft |
09/06/2024 09/06/24 | Pending | -- | -- | -- |
08/01/2024 08/01/24 | Off Market | $350,000 | -- | -- |
06/17/2024 06/17/24 | Off Market | $350,000 | -- | -- |
06/15/2024 06/15/24 | Price Changed | $350,000 | 0.0% | $104 / Sq Ft |
06/15/2024 06/15/24 | For Sale | $350,000 | -5.4% | $104 / Sq Ft |
05/07/2024 05/07/24 | For Sale | $370,000 | -- | $109 / Sq Ft |
About the Listing Agent

I'm an 17-year real estate expert with KW Main Line/Keller Williams, serving Philadelphia, PA and also New Jersey, providing home-buyers and sellers with professional, responsive and attentive real estate services. Want an agent who'll really listen to what you want in a home? Need an agent who knows how to effectively market your home so it sells? Give me a call! I'm eager to help and would love to talk to you.
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Source: Bright MLS
MLS Number: PABK2042088

APN: 5307-58-64-6561
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