
925 Spruce St Reading, PA 19602
Southeast Community NeighborhoodHighlights
- Traditional Architecture
- No HOA
- Hot Water Heating System
About This Home
As of March 2025Turnkey Cash-Flowing Investment in Growing Reading City
Seize this incredible investment opportunity in the rapidly developing Reading City. This tenant-occupied, income-generating property offers immediate cash flow with a reliable tenant who pays on time, every time and takes excellent care of the home— even handling minor repairs themselves.
Situated in a prime location near schools, grocery stores, and public transportation, this 4-bedroom, 1-bathroom home boasts ample square footage and strong rental demand. Market rent potential is estimated at $1,750/month, including Section 8 eligibility. This property is being sold with a tenant in place, subject to the terms of their lease.
With recent comparable sales (ARVs) in the area ranging from approximately $165K–$185K, acquiring this property at just $125K presents significant equity upside. Additionally, the tenants have expressed interest in a rent-to-own arrangement, subject to negotiation with the buyer.
Don't miss out on this turnkey investment—schedule your showing today!
Townhouse Details
Home Type
- Townhome
Est. Annual Taxes
- $1,132
Year Built
- Built in 1900
Lot Details
- 1,306 Sq Ft Lot
Parking
- On-Street Parking
Home Design
- Traditional Architecture
- Brick Exterior Construction
- Brick Foundation
- Stone Foundation
Interior Spaces
- 1,314 Sq Ft Home
- Property has 3 Levels
- Unfinished Basement
Bedrooms and Bathrooms
- 4 Bedrooms
- 1 Full Bathroom
Utilities
- Cooling System Mounted In Outer Wall Opening
- Hot Water Heating System
- Electric Water Heater
Community Details
- No Home Owners Association
- Southern Reading Subdivision
Listing and Financial Details
- Tax Lot 2549
- Assessor Parcel Number 02-5316-29-08-2549
Ownership History
Purchase Details
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.Purchase Details
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.Purchase Details
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.Purchase Details
Purchase Details
Purchase Details
Similar Homes in Reading, PA
Home Values in the Area
Average Home Value in this Area
Purchase History
Date | Type | Sale Price | Title Company |
---|---|---|---|
Deed | $111,000 | None Listed On Document | |
Deed | $44,000 | Edge Abstract | |
Deed | $15,000 | None Available | |
Sheriffs Deed | $1,400 | None Available | |
Deed | $33,000 | None Available | |
Sheriffs Deed | $1,100 | -- |
Mortgage History
Date | Status | Loan Amount | Loan Type |
---|---|---|---|
Previous Owner | $9,886 | Commercial | |
Previous Owner | $48,750 | Purchase Money Mortgage | |
Previous Owner | $49,500 | New Conventional |
Property History
Date | Event | Price | Change | Sq Ft Price |
---|---|---|---|---|
03/11/2025 03/11/25 | Sold | $111,000 | -11.2% | $84 / Sq Ft |
02/17/2025 02/17/25 | Pending | -- | -- | -- |
02/13/2025 02/13/25 | For Sale | $125,000 | +184.1% | $95 / Sq Ft |
11/18/2020 11/18/20 | Sold | $44,000 | -25.4% | $33 / Sq Ft |
02/03/2020 02/03/20 | For Sale | $59,000 | -- | $45 / Sq Ft |
Tax History Compared to Growth
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 | $692 | $25,500 | $6,600 | $18,900 |
2024 | $1,132 | $25,500 | $6,600 | $18,900 |
2023 | $1,115 | $25,500 | $6,600 | $18,900 |
2022 | $1,115 | $25,500 | $6,600 | $18,900 |
2021 | $1,115 | $25,500 | $6,600 | $18,900 |
2020 | $1,104 | $25,500 | $6,600 | $18,900 |
2019 | $1,104 | $25,500 | $6,600 | $18,900 |
2018 | $1,104 | $25,500 | $6,600 | $18,900 |
2017 | $1,096 | $25,500 | $6,600 | $18,900 |
2016 | $626 | $25,500 | $6,600 | $18,900 |
2015 | $626 | $25,500 | $6,600 | $18,900 |
2014 | $576 | $25,500 | $6,600 | $18,900 |
Agents Affiliated with this Home
-
Seller's Agent in 2025
JOSE VAZQUEZ
Light House Realtors, LLC
(484) 450-8771
3 in this area
37 Total Sales
-
Buyer's Agent in 2025
Lourdes Gonzalez-Nieves
Iron Valley Real Estate of Berks
(484) 450-8771
8 in this area
78 Total Sales
-
Seller's Agent in 2020
Javon Phillips
United Real Estate Strive 212
(484) 650-7488
1 in this area
18 Total Sales
-
Seller Co-Listing Agent in 2020
Michelange Alexis
Iron Valley Real Estate of Berks
(610) 401-7122
2 in this area
89 Total Sales
-
Buyer's Agent in 2020
Lizeth Alanis
Iron Valley Real Estate of Berks
(484) 650-8318
2 in this area
64 Total Sales
Map
Source: Bright MLS
MLS Number: PABK2053580

APN: 02-5316-29-08-2549