$240,000
SOLD DEC 15, 2022

813 N 5th St Reading, PA 19601

-- Bed
-- Bath
2,545 Sq Ft
3,049 Sq Ft Lot

Recently Sold

$94 Per Sq Ft

4% Below List Price

111 Days on Market

Highlights

  • Straight Thru Architecture
  • Electric Baseboard Heater
  • 4-minute walk to Centre Park
  • Forced Air Heating System

About This Home

As of December 2022

Welcome to 813 N 5th St. Large three-unit building centrally located on a bus route. All units have separate water heaters and electric service. The property has a new roof and new gas furnace. Two units feature gas stove, and one is electric. The 1st floor, 2-bedroom unit rents for $850 a month. The 2nd floor, 1-bedroom unit rents for $750 per month. The 3rd floor, 2-bedroom unit is rented for $750 per month. The owners pays taxes, insurance ($800 a year), water and sewer ($240 a month), gas for heat ($25 low in summer to $280 high in winter), trash, and owner's electric meter. Tenants pay the gas for stoves, electric and hot water. Great investment opportunity to add to your portfolio!

Last Agent to Sell the Property

Zylkia Rivera

Keller Williams Platinum Realty - Wyomissing License #RS337559 Listed on: 07/26/2022

Keller Williams Platinum Realty - Wyomissing

Last Buyer's Agent

Melissa Graham

United Real Estate Strive 212 License #RS358416

United Real Estate Strive 212

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,384

Year Built

  • Built in 1898

Lot Details

  • 3,049 Sq Ft Lot

Parking

  • On-Street Parking

Home Design

  • Triplex
  • Straight Thru Architecture
  • Brick Exterior Construction
  • Pitched Roof
  • Architectural Shingle Roof
  • Stucco

Interior Spaces

  • 2,545 Sq Ft Home
  • Unfinished Basement
  • Basement Fills Entire Space Under The House

Schools

  • Reading Senior High School

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Forced Air Heating System
  • Electric Baseboard Heater
  • 100 Amp Service
  • Electric Water Heater

Listing and Financial Details

  • The owner pays for water, trash collection, real estate taxes, gas, insurance, sewer, common area maintenance
  • Tax Lot 9852
  • Assessor Parcel Number 14-5307-59-74-9852

Community Details

Overview

  • 3 Units
  • Centre Park Histor Subdivision

Building Details

  • Income includes apartment rentals
  • Insurance Expense $800
  • Gross Income $28,200

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,384

Year Built

Built in 1898

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Property Sub Type: Triplex
  • Structure Type: Twin/Semi-Detached
  • Architectural Style: Straight Thru
  • Ownership: Fee Simple
  • Exclusions: Tenants personal property
  • New Construction: No
  • Year Built: 1898
  • Automatically Close On Close Date: No
  • Remarks Public: Welcome to 813 N 5th St. Large three-unit building centrally located on a bus route. All units have separate water heaters and electric service. The property has a new roof and new gas furnace. Two units feature gas stove, and one is electric. The 1st floor, 2-bedroom unit rents for $850 a month. The 2nd floor, 1-bedroom unit rents for $750 per month. The 3rd floor, 2-bedroom unit is rented for $750 per month. The owners pays taxes, insurance ($800 a year), water and sewer ($240 a month), gas for heat ($25 low in summer to $280 high in winter), trash, and owner's electric meter. Tenants pay the gas for stoves, electric and hot water. Great investment opportunity to add to your portfolio!
  • Special Features: None

Interior Features

  • Fireplace: No
  • Foundation Details: Other
  • Basement: Yes
  • Basement Type: Full, Unfinished
  • Total Sq Ft: 2545
  • Living Area Sq Ft: 2545
  • Price Per Sq Ft: 98.19
  • Above Grade Finished Sq Ft: 2545
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 813

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Stucco, Brick
  • Exterior Features: Sidewalks
  • Roof: Pitched, Architectural Shingle
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Type Of Parking: On Street

Utilities

  • Central Air Conditioning: No
  • Cooling Fuel: Electric
  • Cooling Type: Wall Unit
  • Electric Service: 100 Amp Service
  • Heating Fuel: Natural Gas, Electric
  • Heating Type: Forced Air, Baseboard - Electric
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Public Sewer
  • Monthly Water Average: 240
  • Water Previous Twelve Months: 2880.00
  • Water Source: Public

Schools

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

Green Features

  • Clean Green Assessed: No

Lot Info

  • Improvement Assessed Value: 66000.00
  • Land Assessed Value: 11400.00
  • Land Use Code: 133
  • Lot Size Acres: 0.07
  • Lot Dimensions: 0.00 x 0.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 3049.00
  • Year Assessed: 2022
  • Zoning: R-3

Rental Info

  • Existing Lease Type: Month To Month
  • Number Of Units Month To Month: 1
  • Owner Pays: Water, Trash Collection, Taxes - Real Estate, Gas, Insurance, Sewer, Common Area Maintenance
  • Rent Control: No
  • Total Actual Rent: 28200.00
  • Units Leased Count: 3
  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 1454761
  • School Tax: 1388.00
  • Tax Annual Amount: 3384.00
  • Assessor Parcel Number: 14-5307-59-74-9852
  • Tax Lot: 9852
  • Tax Total Finished Sq Ft: 2343
  • County Tax Payment Frequency: Annually
  • Tax Year: 2022
  • Close Date: 12/15/2022

Multi Family

  • Gross Income: 28200.00
  • Gross Scheduled Income: 28200.00
  • Income Includes: Apartment Rentals
  • Other Units: Unit 1,Unit 2,Unit 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
12/15/2022 12/15/22 Sold $240,000 0.0% $94 / Sq Ft
11/14/2022 11/14/22 Pending -- -- --
11/14/2022 11/14/22 Off Market $240,000 -- --
10/09/2022 10/09/22 For Sale $249,900 +4.1% $98 / Sq Ft
09/09/2022 09/09/22 Off Market $240,000 -- --
09/07/2022 09/07/22 Pending -- -- --
07/26/2022 07/26/22 For Sale $249,900 +138.0% $98 / Sq Ft
08/16/2018 08/16/18 Sold $105,000 -19.2% $41 / Sq Ft
06/29/2018 06/29/18 Pending -- -- --
06/08/2018 06/08/18 For Sale $129,900 +42.7% $51 / Sq Ft
08/18/2017 08/18/17 Sold $91,000 0.0% $36 / Sq Ft
06/19/2017 06/19/17 Pending -- -- --
06/19/2017 06/19/17 Off Market $91,000 -- --
05/24/2017 05/24/17 For Sale $99,900 +9.8% $39 / Sq Ft
05/24/2017 05/24/17 Off Market $91,000 -- --
05/18/2017 05/18/17 For Sale $99,900 -- $39 / 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: PABK2019094

Bright MLS

APN: 5307-59-74-9852