Reading, PA 19601,800 N 5TH ST
Reading, PA 19601,800 N 5TH ST
Reading, PA 19601,800 N 5TH ST
Reading, PA 19601,800 N 5TH ST
Reading, PA 19601,800 N 5TH ST
Reading, PA 19601,800 N 5TH ST
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Listed by Daryl E Tillman • Daryl Tillman Realty Group
Bought with Marisa Aikman • Century 21 Gold

$400,000

$400,000

Est.Price: ?

For more information regarding the value of a property, please contact us for a free consultation.

Est. payment /mo

3,750 SqFt


SOLD DATE : 07/09/2021

Key Details

Sold Price $400,000

Property Type Commercial

Sub Type Five Or More Units

Listing Status Sold

Purchase Type For Sale

Square Footage 3,750 sqft

Price per Sqft $106

MLS Listing ID PABK377582

Sold Date 07/09/21

HOA Y/N N

Year Built 1915

Available Date 2021-06-07

Annual Tax Amount $6,321

Tax Year 2020

Lot Size 6,970 Sqft

Acres 0.16

Lot Dimensions 0.00 x 0.00

Property Sub-Type Five Or More Units

Source BRIGHT

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, youll 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 dont come along often! Call today for a private showing!

Location

State PA

County Berks

Area Reading City (10201)

Zoning RES

Interior

Hot Water Electric

Heating Forced Air, Steam

Cooling Central A/C

Flooring Carpet, Ceramic Tile, Vinyl

Heat Source Natural Gas

Exterior

Garage Spaces 3.0

Utilities Available Cable TV Available, Phone Available

Water Access N

Roof Type Pitched,Shingle

Accessibility None

Total Parking Spaces 3

Garage N

Building

Sewer Public Sewer

Water Public

New Construction N

Schools

School District Reading

Others

Tax ID 14-5307-59-74-7760

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)
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"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(856) 904-7785

valsellsnj@gmail.com

251 Masonville Rd, Mt Laurel, NJ, 08054-1600, USA

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