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602 N 5TH ST Reading, PA 19601
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Key Details
Sold Price $120,000
Property Type Single Family Home
Sub Type Twin/Semi-Detached
Listing Status Sold
Purchase Type For Sale
Square Footage 2,966 sqft
Price per Sqft $40
Subdivision Centre Park Histor
MLS Listing ID 1000377290
Sold Date 04/23/18
Style Other
HOA Y/N N
Abv Grd Liv Area 2,966
Originating Board TREND
Year Built 1900
Annual Tax Amount $3,518
Tax Year 2018
Lot Size 2,614 Sqft
Acres 0.06
Lot Dimensions IRREG
Property Description
Grand Centre Park Historic District Semi-Detached 3 Unit in very good condition and fully occupied with 2 long-term tenants and 1 new tenant. This very large all brick building boasts 3,000 sf and very spacious 1 BR units. Tenants pay for their own gas heat, gas hot water and electric. Owner pays for water/sewer, trash & recycling. Coin operated laundry in basement for additional income or convenience for tenants. This building is a solid income producing investment and a must have for your portfolio. 13% Cape Rate. Rents could be $100 a month higher.
Location
State PA
County Berks
Area Reading City (10201)
Zoning R3
Rooms
Other Rooms Primary Bedroom
Basement Full, Unfinished, Outside Entrance
Interior
Hot Water Electric
Heating Gas, Hot Water, Radiator, Zoned
Cooling None
Flooring Wood, Vinyl
Fireplace N
Heat Source Natural Gas
Laundry Common
Exterior
Utilities Available Cable TV Available
Waterfront N
Water Access N
Roof Type Pitched
Accessibility None
Garage N
Building
Foundation Stone
Sewer Public Sewer
Water Public
Architectural Style Other
Additional Building Above Grade
New Construction N
Schools
High Schools Reading Senior
School District Reading
Others
Tax ID 14-5307-67-73-7656
Ownership Fee Simple
Acceptable Financing Conventional, FHA 203(b)
Listing Terms Conventional, FHA 203(b)
Financing Conventional,FHA 203(b)
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Bought with Jose M Candelaria • RE/MAX Of Reading
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