$395,000
$375,000
5.3%For more information regarding the value of a property, please contact us for a free consultation.
619 WALNUT ST Reading, PA 19601
5,500 SqFt
Key Details
Sold Price $395,000
Property Type Commercial
Sub Type Mixed Use
Listing Status Sold
Purchase Type For Sale
Square Footage 5,500 sqft
Price per Sqft $71
MLS Listing ID PABK370972
Sold Date 01/14/21
HOA Y/N N
Originating Board BRIGHT
Year Built 1900
Annual Tax Amount $2,363
Tax Year 2020
Lot Size 1,742 Sqft
Acres 0.04
Lot Dimensions 59' x 108' x 59' x 108'
Property Description
These properties are being sold as a package, consisting of 615, 617, and 619 Walnut Street. A total of 13 units, with 5 units at 615, 4 units at 617 and 4 units at 619 (presently first floor unit is commercial office unit consisting of approximately 1,400 square feet. The three parcels share the rear, five car parking area off Reed Street. The property is in need of various levels of TLC and rehabilitation. Most all the residential units have not been rented for many many years. For the Investor who does much of their own work, this can become a cashflow king starting with the 619 address. The three properties have the following tax ID numbers, 615; 07-5307-75-81-6403, 617; 07-5307-75-81-6423 and 619; 07-5307-75-81-6442. Together the 2020 taxes total for the three properties are $6,431.00 per year. All units are presently UNOCCUPIED, ready for your plan and investor management. Help fill the demand for good residential housing in Reading, PA.
Location
State PA
County Berks
Area Reading City (10201)
Zoning C-R COMMERCIAL RESIDENTIA
Interior
Hot Water Natural Gas, Electric, Coal
Heating Hot Water, Radiant
Cooling None
Heat Source Oil
Exterior
Garage Spaces 5.0
Waterfront N
Water Access N
Roof Type Rubber,Asphalt
Accessibility None
Parking Type Other, Parking Lot, On Street, Off Site
Total Parking Spaces 5
Garage N
Building
Sewer Public Sewer
Water Public
New Construction N
Schools
High Schools Reading Senior
School District Reading
Others
Tax ID 07-5307-75-81-6442
Ownership Fee Simple
SqFt Source Assessor
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Financing Cash,Conventional
Special Listing Condition Probate Listing
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Bought with Robert Kearney • RE/MAX Of Reading