$60,000
SOLD MAY 10, 2019
-- Bed
-- Bath
2,494 Sq Ft
1,742 Sq Ft Lot

Recently Sold

$24 Per Sq Ft

8% Below List Price

Highlights

  • Traditional Architecture
  • 1 Car Detached Garage
  • Hot Water Heating System
  • No HOA
  • Oversized Parking

About This Home

As of May 2020

Very large NE Reading 3 unit end of row about 2500 square feet in need of work. 2 story 1.5 car garage. Unit 1 has 3 rooms, 1 BR, gas hot water heat and gas hot water paid for by tenant and is rented for $550/month. Unit 2, 2nd floor rear, efficiency unit gutted, setup for gas heat and has electric hot water both paid for by tenant, projected rent $550/month. Unit 3, 2nd & 3rd floor front has 4 rooms, 2 private BRS, currently vacant, gas hot water heat and gas hot water paid by tenant, projected rent $725/month. Being sold AS IS! Cash sales only!

Last Agent to Sell the Property

Jose Candelaria

RE/MAX Of Reading License #RS193774L Listed on: 04/05/2019

RE/MAX Of Reading

Last Buyer's Agent

Jose Candelaria

RE/MAX Of Reading License #RS193774L Listed on: 04/05/2019

RE/MAX Of Reading

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1900

Lot Details

  • 1,742 Sq Ft Lot
  • Property is in below average condition

Parking

  • 1 Car Detached Garage
  • Oversized Parking
  • Parking Storage or Cabinetry
  • Rear-Facing Garage
  • On-Street Parking

Home Design

  • Triplex
  • Traditional Architecture
  • Fixer Upper
  • Brick Exterior Construction
  • Stone Foundation
  • Shingle Roof
  • Asphalt Roof
  • Metal Roof
  • Piling Construction

Interior Spaces

  • 2,494 Sq Ft Home
  • Basement Fills Entire Space Under The House
  • Fire Escape

Outdoor Features

  • Exterior Lighting

Utilities

  • Hot Water Heating System
  • 200+ Amp Service
  • Multi-Tank Natural Gas Water Heater
  • Municipal Trash

Listing and Financial Details

  • Tax Lot 4582
  • Assessor Parcel Number 12-5317-53-04-4582

Community Details

Overview

  • No Home Owners Association
  • 3 Units
  • 3-Story Building

Building Details

  • 2 Vacant Units
  • Income includes apartment rentals
  • Insurance Expense $1,500
  • Other Expense $2,520
  • Gross Income $21,900

Property Details

Home Type

Multi-Family

Year Built

Built in 1900

Lot Details

0

Parking

1

Listing Details

  • Property Type: Multi-Family
  • Property Sub Type: Triplex
  • Structure Type: Interior Row/Townhouse
  • Architectural Style: Traditional
  • Ownership: Fee Simple
  • Historic: No
  • Home Warranty: No
  • Inclusions: Range/Oven
  • New Construction: No
  • Other Expense: 2520.00
  • Year Built: 1900
  • Remarks Public: Very large NE Reading 3 unit end of row about 2500 square feet in need of work. 2 story 1.5 car garage. Unit 1 has 3 rooms, 1 BR, gas hot water heat and gas hot water paid for by tenant and is rented for $550/month. Unit 2, 2nd floor rear, efficiency unit gutted, setup for gas heat and has electric hot water both paid for by tenant, projected rent $550/month. Unit 3, 2nd & 3rd floor front has 4 rooms, 2 private BRS, currently vacant, gas hot water heat and gas hot water paid by tenant, projected rent $725/month. Being sold AS IS! Cash sales only!
  • Special Features: None

Interior Features

  • Fireplace: No
  • Foundation Details: Pilings, Stone
  • Basement: Yes
  • Basement Type: Full
  • Total Sq Ft: 2494
  • Living Area Sq Ft: 2494
  • Price Per Sq Ft: 26.06
  • Above Grade Finished Sq Ft: 2494
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 750

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Other Structures List: Garage(s)
  • Construction Materials: Brick
  • Exterior Features: Exterior Lighting, Fire Escape, Sidewalks, Street Lights
  • Roof: Asphalt, Metal, Shingle
  • Spa: No
  • 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: Additional Storage Area, Garage - Rear Entry, Oversized
  • Number Of Detached Garage Spaces: 1
  • Total Garage And Parking Spaces: 1
  • Type Of Parking: Detached Garage, On Street

Utilities

  • Central Air Conditioning: No
  • Electric Service: 200+ Amp Service
  • Heating Fuel: Natural Gas
  • Heating Type: Hot Water
  • Heating: Yes
  • Hot Water: Natural Gas, Electric, Multi-Tank
  • Sewer/Septic System: Public Sewer
  • Water Source: Public
  • Municipal Trash: Yes

Condo/Co-op/Association

  • HOA: No
  • Association Recreation Fee: No

Schools

  • School District: READING
  • School District Key: 300200397169
  • School District Source: Listing Agent

Green Features

  • Clean Green Assessed: No

Lot Info

  • Improvement Assessed Value: 32300.00
  • Land Assessed Value: 13000.00
  • 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
  • Property Condition: Below Average, Major Rehab Needed
  • Year Assessed: 2018
  • Zoning: R3

Rental Info

  • Existing Lease Type: Yearly
  • Rent Control: No
  • Total Actual Rent: 21900.00
  • Units Leased Count: 1
  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 1450359
  • School Tax: 812.00
  • Tax Annual Amount: 1960.00
  • Assessor Parcel Number: 12-5317-53-04-4582
  • Tax Lot: 4582
  • Tax Total Finished Sq Ft: 2494
  • County Tax Payment Frequency: Annually
  • Tax Year: 2018
  • Close Date: 05/10/2019

Multi Family

  • Number Of Units Vacant: 2
  • Gross Income: 21900.00
  • Gross Scheduled Income: 21900.00
  • Income Includes: Apartment Rentals
  • Other Units: Unit 1,Unit 2,Unit 3
  • Single Room Units Count: 1

MLS Schools

  • School District Name: READING

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
05/29/2020 05/29/20 Sold $77,500 -11.4% $31 / Sq Ft
05/22/2020 05/22/20 For Sale $87,500 +45.8% $35 / Sq Ft
05/21/2020 05/21/20 Pending -- -- --
05/10/2019 05/10/19 Sold $60,000 -7.7% $24 / Sq Ft
04/05/2019 04/05/19 Pending -- -- --
04/05/2019 04/05/19 For Sale $65,000 -- $26 / 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: PABK339110

Bright MLS

APN: 5317-53-04-4582