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601 LANCASTER AVE Reading, PA 19611
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Key Details
Sold Price $729,000
Property Type Multi-Family
Sub Type Other
Listing Status Sold
Purchase Type For Sale
Square Footage 5,100 sqft
Price per Sqft $142
MLS Listing ID PABK373106
Sold Date 03/25/21
Style Other
HOA Y/N N
Abv Grd Liv Area 5,100
Originating Board BRIGHT
Year Built 1900
Annual Tax Amount $3,156
Tax Year 2020
Lot Size 2,178 Sqft
Acres 0.05
Lot Dimensions 0.00 x 0.00
Property Description
INCOME GENERATOR! No maintenance required! This 5 unit apartment building has been completely rehabbed. The building has a new roof, windows, and exterior. The plumbing and electrical have been updated throughout. The plumbing from the street has also been replaced along with the sidewalks. Each unit has a brand-new kitchen and bathroom. All units are occupied with an 8% cap rate!
Location
State PA
County Berks
Area Reading City (10201)
Zoning CHECK WITH LISTING AGENT
Rooms
Basement Full
Interior
Hot Water Natural Gas
Heating Baseboard - Hot Water
Cooling Wall Unit
Flooring Ceramic Tile
Equipment Oven/Range - Electric, Refrigerator
Appliance Oven/Range - Electric, Refrigerator
Heat Source Natural Gas
Exterior
Water Access N
Roof Type Rubber
Accessibility None
Garage N
Building
Lot Description Corner
Foundation Concrete Perimeter, Stone
Sewer Public Sewer
Water Public
Architectural Style Other
Additional Building Above Grade, Below Grade
Structure Type Dry Wall
New Construction N
Schools
School District Reading
Others
Tax ID 18-5306-57-54-3180
Ownership Fee Simple
SqFt Source Assessor
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Financing Cash,Conventional
Special Listing Condition Standard
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Bought with Rachael A Riker • Keller Williams Realty Group
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