Reading, PA 19601,815 N 5TH ST
Reading, PA 19601,815 N 5TH ST
Reading, PA 19601,815 N 5TH ST
33
$130,000
$135,000
3.7%
Est.Price: ?

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2,480 SqFt

815 N 5TH ST Reading, PA 19601

Est. payment /mo
SOLD DATE : 06/27/2019

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Key Details

Sold Price $130,000

Property Type Single Family Home

Sub Type Twin/Semi-Detached

Listing Status Sold

Purchase Type For Sale

Square Footage 2,480 sqft

Price per Sqft $52

Subdivision Centre Park Histor

MLS Listing ID PABK341414

Sold Date 06/27/19

Style Converted Dwelling

HOA Y/N N

Abv Grd Liv Area 2,480

Originating Board BRIGHT

Year Built 1898

Annual Tax Amount $2,064

Tax Year 2018

Lot Size 3,049 Sqft

Acres 0.07

Lot Dimensions 0.00 x 0.00

Property Description

Very large all brick semi-detached fully rented 3 unit in the beautiful Centre Park Historic District. Stable investment with long term tenants. Rents are under market value. Building is well maintained overall with beautiful natural woodwork. Unit 1, 1st floor has 5 rooms, 3 BRS, hardwood floor, gas hot water heat, gas hot water & gas cooking all paid by tenant, rented for $625/month by a 1 year tenant. Unit 2, 2nd floor has 3 rooms, 1 BR, gas hot water heater, electric baseboard heat & cooking paid by tenant, very nice unit, rented for $600/month by a 2 year tenant. Unit 3, 3rd floor has 3 rooms, 1 BR but is currently being used a 2 private BR, gas hot water heater, electric baseboard heat & cooking paid by tenant, nice unit rented for $575/month by a 3 year tenant. 200 AMP electric main. Newer oil heater in basement is disconnected and not in use. Large fenced yard. Covered front porch. Total gross income: $21,600. Total expenses: $5,483. Taxes: $2,064. Insurance: $487. Water/Sewer/Trash/Recycling: $2,424. Owner's Electric: $408. Permits: $100. Net Income: $16,117. CAP RATE: 12%. Excellent investment opportunity and a must for your investment portfolio. Will not last in this hot real estate market with very low inventory.

Location

State PA

County Berks

Area Reading City (10201)

Zoning R3

Rooms

Basement Full

Interior

Interior Features Carpet, Built-Ins, Stain/Lead Glass, Wood Floors

Hot Water Natural Gas, Multi-tank

Heating Hot Water, Radiator, Baseboard - Electric

Cooling None

Flooring Carpet, Ceramic Tile, Hardwood, Vinyl

Equipment Oven/Range - Electric, Oven/Range - Gas, Refrigerator, Range Hood

Fireplace N

Appliance Oven/Range - Electric, Oven/Range - Gas, Refrigerator, Range Hood

Heat Source Natural Gas

Exterior

Utilities Available Cable TV, Electric Available, Natural Gas Available, Phone Available, Sewer Available, Water Available

Water Access N

Roof Type Asphalt,Shingle

Accessibility None

Garage N

Building

Foundation Stone

Sewer Public Sewer

Water Public

Architectural Style Converted Dwelling

Additional Building Above Grade, Below Grade

New Construction N

Schools

School District Reading

Others

Tax ID 14-5307-59-74-9855

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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Bright MLS (BMLS)
Listed by Jose M Candelaria • RE/MAX Of Reading
Bought with Denise J Commings • RE/MAX Of Reading

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Joanna Dieter

Agent | License ID: 665620

+1(410) 949-6855

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