For more information regarding the value of a property, please contact us for a free consultation.
Key Details
Sold Price $40,000
Property Type Multi-Family
Sub Type Interior Row/Townhouse
Listing Status Sold
Purchase Type For Sale
Square Footage 2,220 sqft
Price per Sqft $18
Subdivision Northeast Reading
MLS Listing ID 1008344288
Sold Date 06/09/21
Style Converted Dwelling
HOA Y/N N
Abv Grd Liv Area 2,220
Originating Board TREND
Year Built 1900
Annual Tax Amount $1,640
Tax Year 2018
Lot Size 1,307 Sqft
Acres 0.03
Lot Dimensions IRREG
Property Description
Very large Northeast Reading 3 unit in need of work but with some good updates. Unit 1 is on the 1st floor and has 4 rooms, 2 BRS and is owner occupied with projected rent of $650/month. Unit 2 is on the 2nd floor and has 4 rooms, 2 BRS, rented by a 19 year tenant at $550/month. Unit 3 is on the 3rd floor and has 4 rooms, 2 BRS, rented by a 19 year tenant at 560/month. Rents are very low and could be raised but you do have long term tenants. More features include a 1 car detached garage, newer gas boiler about 6-7 years old, 200 AMP eletric and enclosed firepescapes for units 2 & 3. Overall a solid investment property that needs some work. Cash or commercial financing only. Being sold AS IS.
Location
State PA
County Berks
Area Reading City (10201)
Zoning R-3
Rooms
Other Rooms Primary Bedroom
Basement Full, Unfinished, Outside Entrance, Drainage System
Interior
Hot Water Electric
Heating Hot Water, Radiator
Cooling None
Flooring Fully Carpeted, Vinyl
Fireplace N
Window Features Replacement
Heat Source Natural Gas
Laundry None
Exterior
Parking Features Garage - Rear Entry
Garage Spaces 1.0
Utilities Available Cable TV Available
Water Access N
Roof Type Pitched
Accessibility None
Total Parking Spaces 1
Garage Y
Building
Foundation Stone
Sewer Public Sewer
Water Public
Architectural Style Converted Dwelling
Additional Building Above Grade
New Construction N
Schools
High Schools Reading Senior
School District Reading
Others
Tax ID 17-5317-21-08-4980
Ownership Fee Simple
SqFt Source Assessor
Security Features Security Gate
Acceptable Financing Conventional
Listing Terms Conventional
Financing Conventional
Special Listing Condition Standard
Read Less Info
Want to know what your home might be worth? Contact us for a FREE valuation!
Our team is ready to help you sell your home for the highest possible price ASAP
Bought with Jose M Candelaria • RE/MAX Of Reading