1235 Spring Street Reading, PA $ 269,900
1235 Spring Street
$ 269,900
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1235 Spring Street

Reading, PA, 19604
$ 269,900
Bedrooms6 Baths0.0

Monthly Estimate*

$ 1,794

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Multi-Family Home for sale in Reading, PA

for $269,900 with 6 bedrooms. This home was built in 1890 on a lot size of 0.03.

Excellent opportunity to own an investment property. Large 3 unit plus rented garage that is very close to 13th St. The interior has had a lot of recent refreshing with new paint and some new carpet. Two of the units are vacant so you can choose your own tenants. Basement apartment and garage are rented. Gas heat and gas hot water. Very reasonable taxes.

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Multi-Family Pending

Price

$ 269,900

Bedrooms

6

Property Type

Multi-Family

Taxes

$ 2,269

Style

Traditional

Lot Size

0.03

Year Built

1890

Town/City

Reading

County/Region

Berks

MLS | Web ID

PABK2042904

Features
Interior
Heating Fuel Natural Gas
Basement Fully Finished
Flooring Carpet Vinyl Luxury Vinyl Plank Wood
Hot Water Natural Gas
Furnished Units None
Basement (Y/N) Y
Heating Y/N Y
Fireplace Y/N N
Street Suffix STREET
Central Air Y/N N
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General
Sewer Public Sewer
Heating Hot Water
Cooling Wall Unit
Utilities Cable TV Available
Possession Immediate
Roof Pitched Rubber Slate Asphalt
Appliances Oven/Range - Electric Refrigerator
Exterior Features Sidewalks
Zoning 138 R
Patio/Porch Features Porch(es) Deck(s)
Architectural Style Traditional
Construction Materials Brick
Year Built 1890
Electric 100 Amp Service Fuses
Property SubType Triplex
Tax Year 2023
Percent Ownership Fee Simple
Cool Fuel Electric
Municipality READING CITY
Gross Income 34500.00
Accessibility None
County BERKS
Net Operating Income 5871.00
Operating Expense 5871.00
Insurance Expense 867.00
New Construction N
Property Type Multi-Family
Garage Y/N N
Water Access Y/N N
Other Structures Above Grade Below Grade
Status PENDING
Directions From Penn St left onto N 3rd St right onto Spring St house is on the corner of Spring & Birch Streets
City READING
Buyer Agent Compensation 2.5
Total Units 3
MLS Area Reading City (10201)
Lot Size Square Feet 1306.00
Waterfront Y/N N
Number of Units Leased 1
Street Name SPRING
Tax Annual Amount 2269.0
Property Condition Average Good
Two Bedroom 1
Structure Type End of Row/Townhouse
Price Per Sq Ft Total 124.84
Acceptable Financing Cash Conventional
Rent Control Y/N N
Vacation Rental Y/N N
Days on Market 11
Location Type Urban
Lease Type Yearly
Standard Status Pending
Year Built Source Assessor
Tax Lot 9758
Total Actual Rent 34500.00
Cap Rate 11.00
Buyer Agent Compensation Type % Of Gross
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Exterior
Pool No Pool
Water Source Public
Inclusions 2 fridges 2 ranges
Type of Parking On Street
Foundation Details Stone
Water View Y/N N
Lot Size Acres 0.03
Lot Size Units Square Feet
Lot Size Source Assessor
Land Assessed Value 13800.00
Navigable Water Y/N N
Water Oriented Y/N N
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Internal Only
Street Number 1 1235
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* Excluded Features
List By
Re/Max Of Reading

Broker

dmattes@goberkscounty.com

Email

Affordability Calculator

$1,983
Per Month
90%
10%
0%
Monthly Principal & Interest
$1,794
Monthly Property Taxes
$189
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
2183915 Elementary School
2183912 Middle School
Reading Senior High School High School
Pricing History
DatePricePrice ChangeDescription
5/8/2024$269,900 Listed Price

Map


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1235 Spring Street, Reading, PA, 19604 is a Multi-Family Home for sale at $269,900 with a lot size of 0.03. 1235 Spring Street has 6 bedrooms, 0.0 baths, and was built in 1890. The property's zip code is 19604 which is in Reading, PA