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    800 N 5TH Street

    READING, PA 19601
    • $400,000
    • STATUS: Pending
    • ON SITE: 14 days
    • ID#: PABK377582
    Pending
    $400,000
    • 0
      BEDS
    • 0.16
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    Neighborhood:
    Type:
    Commercial
    Built:
    1915
    County:

    School Ratings & Info

    School District:

    Description

    Fabulous investment opportunity! This fully rented, meticulously restored 5-unit apartment building gives an instant return! The property features: +G- A large 2-car tandem side entry garage with a 1-car driveway, which can be rented out for extra income +G- The covered front porch leads to a foyer with mailboxes. From there, you+GGll 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. +G- In the basement (with plenty of storage space), 2 sets of coin-operated washers and dryers add $65/week of income. +G- The garage roof and eaves were restored in 2017 +G- The exterior brick and trim were also restored in 2017 +G- New electric meters were installed in 2018 +G- A new roof was added in 2019 Now, to the apartments! First floor: +G- Apartment (1) Private side entrance, 2-bedroom, 1-bath with its own separate high-efficiency HVAC system including central air. +G- Apartment (5) Private corner entrance to a modern studio. Second floor: +G- Apartment (2) Updated 1 bedroom, 1 bath +G- Apartment (4) - bedroom, 1-bath (with new flooring and commode). Third Floor: +G- Apartment (3) 3-bedroom, 1-bath Properties like this don+GGt come along often! Call today for a private showing!

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    ©2021 Bright MLS, All Rights Reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale may no longer be available because they are for instance, under contract, sold, or are no longer being offered for sale. Information is deemed reliable but is not guaranteed accurate by the MLS or Iron Valley Real Estate. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. Data last updated: 2021-06-19T23:52:02.11.
    www.amandakrallteam.com/homes/117956931
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    800 N 5TH Street READING, PA 19601

    • Price: $400,000
    • Status: Pending
    • ID#: PABK377582
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.16
    Acres
    1915
    Built
    Neighborhood:
    Reading City (10201)
    County:
    Berks
    Area:
    Reading City (10201)
    School District:
    Reading
    Property Description
    Fabulous investment opportunity! This fully rented, meticulously restored 5-unit apartment building gives an instant return! The property features: +G- A large 2-car tandem side entry garage with a 1-car driveway, which can be rented out for extra income +G- The covered front porch leads to a foyer with mailboxes. From there, you+GGll 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. +G- In the basement (with plenty of storage space), 2 sets of coin-operated washers and dryers add $65/week of income. +G- The garage roof and eaves were restored in 2017 +G- The exterior brick and trim were also restored in 2017 +G- New electric meters were installed in 2018 +G- A new roof was added in 2019 Now, to the apartments! First floor: +G- Apartment (1) Private side entrance, 2-bedroom, 1-bath with its own separate high-efficiency HVAC system including central air. +G- Apartment (5) Private corner entrance to a modern studio. Second floor: +G- Apartment (2) Updated 1 bedroom, 1 bath +G- Apartment (4) - bedroom, 1-bath (with new flooring and commode). Third Floor: +G- Apartment (3) 3-bedroom, 1-bath Properties like this don+GGt come along often! Call today for a private showing!
    Exterior Features

    Construction Materials Brick Garage YN No Parking Types DrivewayPrivate Garage Property Condition Very Good Riparian Rights YN No Roof PitchedShingle Water Access YN No Water Oriented YN No Water View YN No Waterfront YN No

    Interior Features

    Building Area Total 3750.00 Cooling Central A/C Exclusions Staging items On Porch And Common SpacesTenants Personal Property Flooring CarpetCeramic TileVinyl Heating Forced AirSteam Heating YN Yes Net Square Feet 3750.00

    Property Features

    Acceptable Financing CashConventional Accessibility Features None Assessment Year 2021 Association YN No Business Type Apartment Building Central Air YN Yes Cooling Fuel Electric Cross Street Washington Street Electric 200+ Amp Service Heating Fuel Natural Gas Historic YN Yes Hot Water Electric Municipality Reading City Navigable Water YN N New Construction YN No Number Of Units Total 5 Original MLSNumber 304605754528 Ownership Interest Fee Simple Possession Negotiable Property Sub Type Five Or More Units Sale Type Standard Sewer Public Sewer Tax Annual Amount 6321.00 Tax Assessment Amount 144600.00 Tax Lot 7760 Utilities Cable Tv AvailablePhone Available Vacation Rental YN No Water Source Public Zoning Res

    Listing courtesy of Daryl Tillman Realty Group.


    ©2021 Bright MLS, All Rights Reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale may no longer be available because they are for instance, under contract, sold, or are no longer being offered for sale. Information is deemed reliable but is not guaranteed accurate by the MLS or Iron Valley Real Estate. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. Data last updated: 2021-06-19T23:52:02.11.
     
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