$185,000
$195,000
5.1%For more information regarding the value of a property, please contact us for a free consultation.
1,307 SqFt
SOLD DATE : 11/23/2020
Key Details
Sold Price $185,000
Property Type Multi-Family
Sub Type End of Row/Townhouse
Listing Status Sold
Purchase Type For Sale
Square Footage 1,307 sqft
Price per Sqft $141
MLS Listing ID PABK365488
Sold Date 11/23/20
Style Transitional
HOA Y/N N
Abv Grd Liv Area 1,307
Originating Board BRIGHT
Year Built 1910
Annual Tax Amount $2,594
Tax Year 2020
Lot Size 1,307 Sqft
Acres 0.03
Lot Dimensions 0.00 x 0.00
Property Description
This 3 unit in West Reading is only one block off of Penn Ave. It is fully rented with a 8% cap rate. The first floor is a deli and the rent is $800 per month. The second floor unit is 1 bedroom and they have been there for 10 years and the rent is $750. The third floor is a one bedroom and is rented for $750 per month. Owner expenses are:Gas $2354, Water & Sewer $2477, Electric $4199 Insurance $1983.
Location
State PA
County Berks
Area West Reading Boro (10293)
Zoning COMMERICAL
Interior
Hot Water Natural Gas
Heating Hot Water
Cooling Wall Unit
Heat Source Natural Gas
Exterior
Water Access N
Roof Type Flat
Accessibility None
Garage N
Building
Sewer Public Sewer
Water Public
Architectural Style Transitional
Additional Building Above Grade, Below Grade
New Construction N
Schools
School District Wyomissing Area
Others
Tax ID 93-5306-05-29-3779
Ownership Fee Simple
SqFt Source Assessor
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Financing Cash,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 Marisa Aikman • Century 21 Gold
"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "