$452,000
$450,000
0.4%For more information regarding the value of a property, please contact us for a free consultation.
4,356 Sqft Lot
SOLD DATE : 11/20/2017
Key Details
Sold Price $452,000
Property Type Multi-Family
Sub Type Detached
Listing Status Sold
Purchase Type For Sale
Subdivision Northwest Reading
MLS Listing ID 1001271843
Sold Date 11/20/17
Style Other
HOA Y/N N
Originating Board TREND
Year Built 1930
Annual Tax Amount $11,302
Tax Year 2017
Lot Size 4,356 Sqft
Acres 0.1
Lot Dimensions IRRG
Property Description
Completely remodeled Apartment Building, a previous warehouse located just outside the Historic District. This property comes with 8, two bedrooms apartments and 1, one bedroom. There are individual heating and air-conditioning units in each apartment. Each apartment has it's own refrigerator, stove, dishwasher, and microwave. Each apartment unit pays their own air-conditioning, heating, hot water and electric. There is also designated, inside parking for each unit. This property is immaculate! One of a kind! Apartment complex should be completely rented by end of September. The Taxes are in the process of being reassessed. This should bring up he cap rate substantially.
Location
State PA
County Berks
Area Reading City (10201)
Zoning MULTI
Rooms
Other Rooms Primary Bedroom
Basement Unfinished
Interior
Interior Features Ceiling Fan(s), Sprinkler System, Elevator
Hot Water Electric
Heating Electric, Forced Air
Cooling Central A/C
Flooring Fully Carpeted, Vinyl
Fireplace N
Window Features Energy Efficient
Heat Source Electric
Laundry Common
Exterior
Garage Spaces 12.0
Utilities Available Cable TV Available
Water Access N
Roof Type Flat
Accessibility None
Attached Garage 4
Total Parking Spaces 12
Garage Y
Building
Foundation Concrete Perimeter
Sewer Public Sewer
Water Public
Architectural Style Other
New Construction N
Schools
High Schools Reading Senior
School District Reading
Others
Tax ID 14-5307-50-65-9556
Ownership Fee Simple
Security Features Security System
Acceptable Financing Conventional
Listing Terms Conventional
Financing Conventional
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 Thomas A. Smucker • BHHS Homesale Realty- Reading Berks