Bought with Juan Cortes-Carreno • BHHS Homesale Realty- Reading Berks
$285,000
$285,000
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1,312 SqFt
SOLD DATE : 04/02/2025
Key Details
Sold Price $285,000
Property Type Multi-Family
Sub Type End of Row/Townhouse
Listing Status Sold
Purchase Type For Sale
Square Footage 1,312 sqft
Price per Sqft $217
MLS Listing ID PABK2054036
Sold Date 04/02/25
Style Other
Abv Grd Liv Area 1,312
Year Built 1912
Annual Tax Amount $2,029
Tax Year 2024
Lot Size 1,306 Sqft
Acres 0.03
Lot Dimensions 0.00 x 0.00
Property Sub-Type End of Row/Townhouse
Source BRIGHT
Property Description
This 3-unit property presents a fantastic opportunity for investors seeking immediate income potential and long-term growth. Two of the three units are currently vacant, offering the chance to hand-pick tenants and maximize rental income. One of the vacant units does need a remodel. The other two units are rent-ready and awaiting occupants. This property has undergone a significant upgrade, converting from oil to gas and featuring brand new, high-efficiency boilers. This ensures lower operating costs and increased tenant appeal.
Location
State PA
County Berks
Area Reading City (10201)
Zoning MULTI UNIT
Rooms
Basement Unfinished
Interior
Hot Water Natural Gas, Electric
Heating Hot Water
Cooling None
Fireplace N
Heat Source Oil
Exterior
Water Access N
Accessibility None
Garage N
Building
Foundation Brick/Mortar
Sewer Public Sewer
Water Public
Architectural Style Other
Additional Building Above Grade, Below Grade
New Construction N
Schools
School District Reading
Others
Tax ID 14-5307-59-84-1555
Ownership Fee Simple
SqFt Source 1312
Acceptable Financing Cash, Conventional, FHA 203(k)
Listing Terms Cash, Conventional, FHA 203(k)
Financing Cash,Conventional,FHA 203(k)
Special Listing Condition Standard
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Agent | License ID: 0787303
129 CHESTER AVE., MOORESTOWN, Jersey, 08057, United States