$118,000
$109,900
7.4%For more information regarding the value of a property, please contact us for a free consultation.
2,116 SqFt
SOLD DATE : 05/12/2021
Key Details
Sold Price $118,000
Property Type Multi-Family
Sub Type Interior Row/Townhouse
Listing Status Sold
Purchase Type For Sale
Square Footage 2,116 sqft
Price per Sqft $55
Subdivision None Available
MLS Listing ID PABK375504
Sold Date 05/12/21
Style Traditional
HOA Y/N N
Abv Grd Liv Area 2,116
Originating Board BRIGHT
Year Built 1900
Annual Tax Amount $1,709
Tax Year 2021
Lot Size 1,742 Sqft
Acres 0.04
Lot Dimensions 0.00 x 0.00
Property Description
Investment Alert! Great two unit ready and waiting for you. Very well maintained building ready for a new owner to take over. Room to grow your rents here which are currently under market along with oversized one car garage currently used by the owner. First floor unit is a really nice one bedroom unit currently rented at $625. Tenant pays electric. Unit 2 covers second and third floors. This unit was just painted and rents at $700 per month for this three private bedroom unit. Building is gas heat and hot water, expenses are as follows: Gas heat $1,189, Electric $318, Water, Sewer & Trash $2,500. Tenant pays electric and gas for hot water and cooking. Between two units and garage building should rent at $1,600 a month plus. Don't miss out on a great opportunity and great building!
Location
State PA
County Berks
Area Reading City (10201)
Zoning R-3
Rooms
Basement Full, Interior Access
Interior
Interior Features Carpet, Wood Floors
Hot Water Natural Gas
Heating Hot Water, Radiator
Cooling None
Flooring Carpet, Tile/Brick, Vinyl
Equipment Oven/Range - Electric, Refrigerator
Fireplace N
Appliance Oven/Range - Electric, Refrigerator
Heat Source Natural Gas
Exterior
Parking Features Oversized, Garage - Rear Entry
Garage Spaces 1.0
Water Access N
Roof Type Pitched
Street Surface Paved
Accessibility None
Road Frontage City/County
Total Parking Spaces 1
Garage Y
Building
Lot Description Rear Yard
Foundation Concrete Perimeter, Stone
Sewer Public Sewer
Water Public
Architectural Style Traditional
Additional Building Above Grade, Below Grade
Structure Type Dry Wall,Paneled Walls
New Construction N
Schools
School District Reading
Others
Tax ID 12-5317-53-04-6749
Ownership Fee Simple
SqFt Source Assessor
Acceptable Financing Cash, Conventional, FHA, VA
Listing Terms Cash, Conventional, FHA, VA
Financing Cash,Conventional,FHA,VA
Special Listing Condition Standard
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Bought with Jose Manzueta • Iron Valley Real Estate of Berks
“Molly's job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! ”