$153,000
$119,900
27.6%For more information regarding the value of a property, please contact us for a free consultation.
128 W SPRING ST Reading, PA 19601
2,196 SqFt
Key Details
Sold Price $153,000
Property Type Multi-Family
Sub Type Interior Row/Townhouse
Listing Status Sold
Purchase Type For Sale
Square Footage 2,196 sqft
Price per Sqft $69
Subdivision None Available
MLS Listing ID PABK2031992
Sold Date 07/26/23
Style Traditional
Abv Grd Liv Area 2,196
Originating Board BRIGHT
Year Built 1900
Annual Tax Amount $2,400
Tax Year 2022
Lot Size 1,742 Sqft
Acres 0.04
Lot Dimensions 0.00 x 0.00
Property Description
**Multiple Offers Received. Highest & Best Deadline 12PM (End of Day) Friday July 7th**
Here is a great opportunity to own a well maintained 2 unit property in the City of Reading. Owners have owned the property for a very long time and have not increased monthly rent amounts. Market Rent for the first floor 2 bedroom is $1,100/month and $1,000/month for the 2nd level 2 bedroom apartment with owner paying all utilities. The cap rate is 10% based on market rents stated above.
Location
State PA
County Berks
Area Reading City (10201)
Zoning RES
Rooms
Basement Full
Interior
Interior Features Ceiling Fan(s)
Hot Water Natural Gas
Heating Radiator
Cooling Wall Unit
Fireplace N
Heat Source Natural Gas
Exterior
Exterior Feature Porch(es)
Utilities Available Cable TV
Waterfront N
Water Access N
Accessibility None
Porch Porch(es)
Parking Type On Street
Garage N
Building
Foundation Concrete Perimeter
Sewer Public Sewer
Water Public
Architectural Style Traditional
Additional Building Above Grade, Below Grade
New Construction N
Schools
High Schools Reading Senior
School District Reading
Others
Tax ID 15-5307-49-55-3693
Ownership Fee Simple
SqFt Source Assessor
Special Listing Condition Standard
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Bought with Vielka M Garcia • Iron Valley Real Estate of Berks