NOT LISTED FOR SALE

906 Franklin St Reading, PA 19602

Southeast Community Neighborhood
-- Bed
2 Baths
1,584 Sq Ft
1,307 Sq Ft Lot

Last Sold September 10, 2020

Last sale price $57,500 $36 Per Sq Ft

About This Home

As of September 2020

Discover the charm of city living in this bright 2 bedroom, 1 bath unit located on the upper floor of a two unit brick building in the heart of Southeast Reading. Situated just one block from the BARTA bus terminal, this home offers excellent walkability and easy access to downtown amenities.

For more information or to schedule a viewing please contact Scott @four eight four two five eight nine six four eight Ext. 190
Water, Sewer and Trash included in the rent.

Rent is $725/mo.

This home is not section 8 or housing voucher approved.

For more information or to schedule a viewing please contact Scott @four eight four two five eight nine six four eight Ext. 190
Rental Applicant Requirements:

*Must be 18+ years of age
*Verifiable income equal to or greater than 3x rent amount
*No previous/current evictions
*No utility bills in collections
*No bankruptcies within the last 3 years

Stout Associates Realtors
4718 Kutztown Rd
Temple Pa 19560

Last Agent to Sell the Property

Clair Mckoy

(484) 769-5680 clair.mckoy@icloud.com Iron Valley Real Estate of Berks Listed on: 02/18/2020

Iron Valley Real Estate of Berks

Co-Listed By

Melinda O'Neill

(610) 301-2742 moneill@empirebp.com Iron Valley Real Estate of Berks

Last Buyer's Agent

DAVE JOHNSON

(484) 366-5847 djohnson@stoutassociates.com Stout Associates Realtors

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,251

Year Built

  • Built in 1900

Lot Details

  • 1,307 Sq Ft Lot

Parking

  • On-Street Parking

Home Design

  • Duplex
  • Brick Exterior Construction

Interior Spaces

  • 1,584 Sq Ft Home
  • Basement Fills Entire Space Under The House

Utilities

  • Hot Water Heating System
  • Electric Water Heater

Listing and Financial Details

  • The owner pays for water, sewer, trash collection, insurance, electricity, real estate taxes
  • Tax Lot 1524
  • Assessor Parcel Number 03-5316-21-09-1524

Community Details

Overview

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

Building Details

  • Income includes apartment rentals
  • Net Operating Income $9,120

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,251

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Property Sub Type: Duplex
  • Structure Type: Interior Row/Townhouse
  • Ownership: Fee Simple
  • Historic: No
  • Inclusions: 2 refrigerators, 2 ranges
  • New Construction: No
  • Year Built: 1900
  • Automatically Close On Close Date: No
  • Remarks Public: Fully occupied 2 unit property just 1 block away from the bus station. 1 Bedroom apartment on the 1st floor ( could almost be considered a 2 bedroom and a 2 bedroom apartment on the 2nd floor. Each unit pays their own utilities and electric heat. Landlord pays for water trash and recycling ONLY!!!The rents are currently $500 per apartment and with some TLC rents could be raised to 650-850. With a little bit of elbow greese this could be a $$money maker$$$. This property can be purchased as a package with 1009 chestnut, reading and would qualify for a package discount. Bring your Offer!!
  • Special Features: None

Interior Features

  • Fireplace: No
  • Basement: Yes
  • Basement Type: Full
  • Total Sq Ft: 1584
  • Living Area Sq Ft: 1584
  • Price Per Sq Ft: 44.13
  • Above Grade Finished Sq Ft: 1584
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 906

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: No
  • Type Of Parking: On Street

Utilities

  • Central Air Conditioning: No
  • Heating Fuel: Electric
  • Heating Type: Hot Water
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Public Sewer
  • Monthly Water Average: 190
  • Water Previous Twelve Months: 2280.00
  • Water Source: Public

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: 22300.00
  • Land Assessed Value: 6600.00
  • Land Use Code: 133R
  • Lot Size Acres: 0.03
  • Lot Dimensions: 0.00 x 0.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 1307.00
  • Year Assessed: 2020
  • Zoning: RESIDENTIAL
  • Zoning Description: residential 2 unit

Rental Info

  • Existing Lease Type: Month To Month
  • Ground Rent Exists: No
  • Number Of Units Month To Month: 2
  • Owner Pays: Water, Sewer, Trash Collection, Insurance, Electricity, Taxes - Real Estate
  • Rent Control: No
  • Total Actual Rent: 12000.00
  • Units Leased Count: 2
  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 1441920
  • School Tax: 518.00
  • Tax Annual Amount: 1251.00
  • Assessor Parcel Number: 03-5316-21-09-1524
  • Tax Lot: 1524
  • Tax Total Finished Sq Ft: 1584
  • County Tax Payment Frequency: Annually
  • Tax Year: 2019
  • Close Date: 09/10/2020

Multi Family

  • Gross Income: 12000.00
  • Income Includes: Apartment Rentals
  • Vacancy Allowance Rate: 5.00

MLS Schools

  • School District Name: READING

Range of Values:

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Sold Price
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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
10/08/2024 10/08/24 Off Market $750 -- --
10/01/2024 10/01/24 Price Changed $750 -6.3% $1 / Sq Ft
08/26/2022 08/26/22 For Rent $800 0.0% --
09/10/2020 09/10/20 Sold $57,500 -17.7% $36 / Sq Ft
08/25/2020 08/25/20 Pending -- -- --
06/21/2020 06/21/20 Price Changed $69,900 -7.9% $44 / Sq Ft
06/21/2020 06/21/20 For Sale $75,900 +32.0% $48 / Sq Ft
06/18/2020 06/18/20 Off Market $57,500 -- --
05/30/2020 05/30/20 For Sale $75,900 +32.0% $48 / Sq Ft
03/24/2020 03/24/20 Off Market $57,500 -- --
03/14/2020 03/14/20 Price Changed $75,900 -5.0% $48 / Sq Ft
02/18/2020 02/18/20 For Sale $79,900 -- $50 / Sq Ft
Source: Bright MLS

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Clair Mckoy

    Seller's Agent in 2020

    Clair Mckoy

    Iron Valley Real Estate of Berks

    (484) 769-5680

    1 in this area

    132 Total Sales

    Clair Mckoy
    Section Image
  • Melinda O'Neill

    Seller Co-Listing Agent in 2020

    Melinda O'Neill

    Iron Valley Real Estate of Berks

    (610) 301-2742

    1 in this area

    113 Total Sales

    Melinda O'Neill
    Section Image

  • D

    Buyer's Agent in 2020

    DAVE JOHNSON

    Stout Associates Realtors

    (484) 366-5847

    34 Total Sales

    DAVE JOHNSON
    Section Image
See All Agents

Map

Source: Bright MLS

MLS Number: PABK354524

Bright MLS

APN: 5316-21-09-1524

Pennsylvania Berks County Reading 19602 Southeast Community

906 Franklin St, Reading, PA

This home is located at 906 Franklin St, Reading, PA 19602 since 18 February 2020. This property was built in 1900. 906 Franklin St is a home located in Berks County with nearby schools including Amanda E. Stout Elementary School, Southern Middle School, and Reading Senior High School.

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