$235,000
$210,000
11.9%For more information regarding the value of a property, please contact us for a free consultation.
201-205 PERSHING BLVD Reading, PA 19607
2,197 SqFt
Key Details
Sold Price $235,000
Property Type Multi-Family
Sub Type Triplex
Listing Status Sold
Purchase Type For Sale
Square Footage 2,197 sqft
Price per Sqft $106
MLS Listing ID PABK375660
Sold Date 05/05/21
Style Other
HOA Y/N N
Abv Grd Liv Area 2,197
Originating Board BRIGHT
Year Built 1930
Annual Tax Amount $5,346
Tax Year 2020
Lot Size 0.280 Acres
Acres 0.28
Lot Dimensions 0.00 x 0.00
Property Description
This is a very nice 3 unit property with 2 apartments in the brick home, one 2 bedroom on the first floor and a 3 bedroom on the second floor. The owner pays the gas heat for these and the owners electric and the water, sewer and trash and lawn. The rents are $900 for the first floor and $950 for the second floor. The tenants pay for the electric Rents are month to month and should be higher. The rear home is rented for $820 per month and the tenant pays the gas heat and electric. There is a lease till Jan 2022. This rent should also be more. Here are the owners cost for one year: Taxes $5761...Insurance $2493....Water $1181....Sewer $1481...UGI $1232....PPL $383...Trash $578...Erlich $758...Cut Grass $1080...Total of $14,947. Net profit is $17,093. With rent increases the net should be $28,133 per year. The sale included the side lot also, TAX ID 39-5306-17-01-8469
Location
State PA
County Berks
Area Cumru Twp (10239)
Zoning HR
Rooms
Basement Full
Interior
Hot Water Electric
Heating Hot Water
Cooling None
Fireplace N
Heat Source Natural Gas
Exterior
Parking Features Garage - Rear Entry
Garage Spaces 3.0
Water Access N
Roof Type Shingle
Accessibility None
Attached Garage 1
Total Parking Spaces 3
Garage Y
Building
Sewer Public Sewer
Water Public
Architectural Style Other
Additional Building Above Grade, Below Grade
New Construction N
Schools
School District Governor Mifflin
Others
Tax ID 39-5306-17-01-8523
Ownership Fee Simple
SqFt Source Assessor
Acceptable Financing Cash, Conventional, FHA
Listing Terms Cash, Conventional, FHA
Financing Cash,Conventional,FHA
Special Listing Condition Standard
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Bought with Branden Lee Spece • United Real Estate Strive 212
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