Address
800 N 5Th Street Reading, PA
Price
$ 400,000
Property Attributes
  • MLS#PABK377582
  • TypePending
  • CountyBERKS
  • CityReading
  • AreaReading City
  • Zip19601
  • StyleApartment Building
  • Year Built1915
  • Taxes$ 6321
  • Price$ 400,000
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Sqr Footage3750
  • Lot Size6,970 SqFt
Listing Provided Courtesy Of:
Daryl Tillman Realty Group
Data Source:
Bright MLS
Property Description

Fabulous investment opportunity! This fully rented, meticulously restored 5-unit apartment building gives an instant return! The property features: • A large 2-car tandem side entry garage with a 1-car driveway, which can be rented out for extra income • The covered front porch leads to a foyer with mailboxes. From there, you’ll find the main lobby with a large sitting area, 2 utility closets, and a half bathroom. The foyer and lobby have been renovated and re-painted. New carpet and new light fixtures have been recently installed. • In the basement (with plenty of storage space), 2 sets of coin-operated washers and dryers add $65/week of income. • The garage roof and eaves were restored in 2017 • The exterior brick and trim were also restored in 2017 • New electric meters were installed in 2018 • A new roof was added in 2019 Now, to the apartments! First floor: • Apartment (1) Private side entrance, 2-bedroom, 1-bath with its own separate high-efficiency HVAC system including central air. • Apartment (5) Private corner entrance to a modern studio. Second floor: • Apartment (2) Updated 1 bedroom, 1 bath • Apartment (4) - bedroom, 1-bath (with new flooring and commode). Third Floor: • Apartment (3) 3-bedroom, 1-bath Properties like this don’t come along often! Call today for a private showing!

Price History
6/6/2021 Listed $400,000

General Features

Acceptable Financing Cash, Conventional
Accessibility None
Business Type Apartment Building
Construction Materials Brick
Cool Fuel Electric
Cooling Central A/C
County BERKS
Days on Market 9
Electric 200+ Amp Service
Exclusions Staging items on porch and common spaces, tenants personal property
Flooring Carpet, Ceramic Tile, Vinyl
Heating Forced Air, Steam
Historic Y/N Yes
MLS Area Reading City (10201)
Municipality READING CITY
New Construction No
Ownership Fee Simple
Possession Negotiable
Price Per Sq Ft 106.67
Property SubType Five Or More Units
Property Type Commercial Sale
PropertyCondition Very Good
Roof Pitched, Shingle
Sewer Public Sewer
Tax Annual Amount 6321.0
Tax Lot 7760
Tax Year 2020
Total Units 5
Utilities Cable TV Available, Phone Available
Vacation Rental Y/N No
Water Access Y/N No
Zoning RES

Interior Features

Central Air Y/N Yes
Heating Fuel Natural Gas
Heating Y/N Yes
Hot Water Electric

Exterior Features

Building Area Total 3750.00
Car Parking Spaces 3
Lot Dimensions 0.00 x 0.00
Lot Size Acres 0.16
Lot Size Source Assessor
Lot Size Square Feet 6970.00
Navigable Water Y/N No
Total Parking Spaces 3
Type of Parking Driveway, Private Garage
Water Oriented Y/N No
Water Source Public
Water View Y/N No
Waterfront Y/N No

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Pending Average in 19601

Price
AVG $200K
$400K
Taxes
AVG $2,983
$6,321
Visits
AVG 43
10
Year Built
AVG 1915
1915

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