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240-876-3419240-876-3419

815 N 5th STREET, Reading, PA 19601 (MLS # PABK341414)

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PRICE $135,000
BEDS 5
BATHS 2 full
HOME SIZE 2,480 sq ft
LOT SIZE 3,049 sqft

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.

DAYS ON MARKET 66 LAST UPDATED 5/23/2019
YEAR BUILT 1898 COUNTY Berks
STATUS Pending PROPERTY TYPE(S) Multi-Family, Multi-Family / Triplex, Residential Income / Twin/Semi-Detached

SCHOOLS
School District Reading


ADDITIONAL DETAILS
ACCESSIBILITY FEATURES None
APPLIANCES Oven/Range - Electric, Oven/Range - Gas, Range Hood, Refrigerator
ARCHITECTURAL STYLE Converted Dwelling
AUTOMATICALLY UPDATE TAX VALUES Y/N Y
BASEMENT TYPE Full
BASEMENT YN Y
CENTRAL AIR YN N
CITY/TOWN TAX 844.00
CITY/TOWN TAX PYMNT FREQ Annually
CONSTRUCTION MATERIALS Brick
COOLING FUEL None
COOLING TYPE None
COUNTY TAX 365.00
COUNTY TAX PYMNT FREQ Annually
CROSS STREET WINDSOR STREET
ELECTRIC SERVICE 200+ Amp Service
EXISTING LEASE TYPE Long Term, Month to Month, Yearly
EXTERIOR FEATURES Exterior Lighting, Fire Escape, Sidewalks, Street Lights
FIREPLACE YN N
FIREPLACES COUNT 0
FLOORING TYPE Carpet, Ceramic Tile, Hardwood, Vinyl
FOUNDATION DETAILS Stone
HEATING FUEL Natural Gas
HEATING TYPE Baseboard - Electric, Hot Water, Radiator
HEATING YN Y
HISTORIC YN N
HOT WATER Multi-tank, Natural Gas
INCLUSIONS 3 Range/Ovens, 3 Refrigerators.
INCOME INCLUDES Apartment Rentals
INSURANCE EXPENSE 487.00
INTERIOR FEATURES Built-Ins, Carpet, Stain/Lead Glass, Wood Floors
LAND USE CODE 133
LISTAGENTSTATELICENSENUMBER Lic# RS193774L - PA
LISTING AGREEMENT TYPE Exclusive Right
LISTING SERVICE TYPE Full Service
LIVING AREA SQFT SOURCE Assessor
LOT SIZE DIMENSIONS 0.00 x 0.00
LOT SIZE SOURCE Assessor
LOT SIZE UNITS Square Feet
MUNICIPAL TRASH Y/N Y
NAVIGABLE WATER YN N
ONE BEDROOM UNITS COUNT 2
OPERATING EXPENSE 5483.00
OPERATING EXPENSE INCLUDES Insurance, Trash
OTHER EXPENSE 4896.00
OTHER UNITS Unit 1, Unit 2, Unit 3
OWNER PAYS Insurance, Sewer, Sewer Maintenance, Taxes - Real Estate, Trash Collection, Water
OWNERSHIP INTEREST Fee Simple
PHOTO OPTION Lister Will Upload All
POOL No Pool
POSSESSION Settlement, Subject to Existing Lease
PRICE PER SQFT 54.44
PROPERTY CONDITION Average+
PROPERTY SUB TYPE Triplex
PROPERTY TYPE Multi-Family
RIPARIAN RIGHTS YN N
ROOF Asphalt, Shingle
ROOM COUNT 11
SCHOOLDISTRICTSOURCE Listing Agent
SEWER SEPTIC Public Sewer
SINGLE ROOM UNITS COUNT 0
SPA YN N
STANDARD STATUS Pending
STRUCTURE TYPE Twin/Semi-Detached
SUB SYSTEM LOCALE BRIGHT_MAIN
TAX ANNUAL AMOUNT 2064.0
TAX ASSESSED VALUE 47700.0
TAX LOT 9855
TAX TOTAL FINISHED SQFT 2480
TAX YEAR 2018
THREE BEDROOM UNITS COUNT 1
TIDAL WATER YN N
TOTAL SQFT SOURCE Assessor
TOTAL TAXES PYMNT FREQ Annually
TWO BEDROOM UNITS COUNT 0
TYPE OF PARKING On Street
UTILITIES Cable TV, Electric Available, Natural Gas Available, Phone Available, Sewer Available, Water Available
VACATION RENTAL YN N
WATER ACCESS YN N
WATER ORIENTED YN N
WATER SOURCE Public
WATER VIEW YN N
WATERFRONT YN N
YEAR ASSESSED 2019
YEAR BUILT SOURCE Assessor
ZONING R3
ZONING DSCRP Residential 3 Unit

ZESTIMATE
815 N 5th STREET, Reading, PA

RENT ZESTIMATE
$ / mo.  815 N 5th STREET, Reading, PA

81 Very Walkable



 
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Last Updated: 7/19/19 12:34 AM PDT