$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
Waterfront N
Water Access N
Roof Type Flat
Accessibility None
Parking Type 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
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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! "