$15,500
$22,000
29.5%For more information regarding the value of a property, please contact us for a free consultation.
2,091 SqFt
SOLD DATE : 05/06/2016
Key Details
Sold Price $15,500
Property Type Multi-Family
Listing Status Sold
Purchase Type For Sale
Square Footage 2,091 sqft
Price per Sqft $7
Subdivision Southern Reading
MLS Listing ID 1002752204
Sold Date 05/06/16
Style Other
HOA Y/N N
Abv Grd Liv Area 2,091
Originating Board TREND
Year Built 1890
Annual Tax Amount $1,368
Tax Year 2016
Lot Size 2,178 Sqft
Acres 0.05
Lot Dimensions 20 X 115
Property Description
**Investor/Handyman Special** Well-located 2-unit ready for you to fix up and start generating positive cash flow. Located on the periphery of the Penn's Common historic district, this spacious property provides direct access to City Park (1/2 block away), Business 422 and is a high-demand rental area. Major anticipated improvements include plumbing, electrical, and some wall and ceiling repair. Projected revenue is $1,225/month ($525 for the single on the first floor, $700 for the 2/3 flr 3-bedroom). Schedule a time to walk through and see it for yourself.
Location
State PA
County Berks
Area Reading City (10201)
Zoning RESID
Rooms
Other Rooms Primary Bedroom
Basement Full
Interior
Hot Water Electric
Heating Electric
Cooling None
Fireplace N
Heat Source Electric
Laundry Hookup
Exterior
Waterfront N
Water Access N
Accessibility None
Parking Type On Street
Garage N
Building
Sewer Public Sewer
Water Public
Architectural Style Other
Additional Building Above Grade
New Construction N
Schools
High Schools Reading Senior
School District Reading
Others
Tax ID 03-5316-22-19-4570
Ownership Fee Simple
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Bought with Gary R Johnson • Sunrise Johnson's Real Estate