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800 N 5TH ST Reading, PA 19601
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Key Details
Sold Price $400,000
Property Type Multi-Family
Sub Type Detached
Listing Status Sold
Purchase Type For Sale
Square Footage 3,750 sqft
Price per Sqft $106
MLS Listing ID PABK378818
Sold Date 07/09/21
Style Traditional
HOA Y/N N
Abv Grd Liv Area 3,750
Originating Board BRIGHT
Year Built 1915
Annual Tax Amount $6,321
Tax Year 2020
Lot Size 6,970 Sqft
Acres 0.16
Lot Dimensions 0.00 x 0.00
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 COMMERCIAL
Interior
Hot Water Electric
Heating Steam, Forced Air
Cooling Window Unit(s), Central A/C
Heat Source Natural Gas
Exterior
Parking Features Additional Storage Area
Garage Spaces 3.0
Water Access N
Accessibility None
Attached Garage 3
Total Parking Spaces 3
Garage Y
Building
Sewer Public Sewer
Water Public
Architectural Style Traditional
Additional Building Above Grade, Below Grade
New Construction N
Schools
School District Reading
Others
Tax ID 14-5307-59-74-7760
Ownership Fee Simple
SqFt Source Assessor
Special Listing Condition Standard
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Bought with Marisa Aikman • Century 21 Gold