Listed By:
Sunrise Johnson's Real Estate
Address
1043 Franklin Street, Reading, PA
Price
$ 297,000
Property Attributes
  • MLS#PABK2039234
  • TypePending
  • CountyBERKS
  • CityReading
  • AreaReading City
  • Zip19602
  • StyleApartment Building
  • Year Built1900
  • Taxes$ 1071
  • Price$ 297,000
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Sqr Footage2178
  • Lot Size2,178 SqFt
Data Source:
Bright MLS
Property Description

Investors Delight. Building features 8 units 6 individual rooms all rented at reasonable low rents to promote long term tenants, plus nice one- bedroom apartment, and a coin operated laundromat consisting of 6 washer and 2 dryer hookups, not open at this time. A new gas heater installed August 2023 and 2 car off street parking. this is a turnkey cash flow multi-unit with Good tenants! Going, Going, Gone!!!!!

Price History
2/5/2024 Listed $327,000
2/22/2024 4% - $317,000
3/5/2024 7% - $297,000

General Features

Sewer Public Sewer
Heating Radiator
Cooling None
Possession Immediate
Zoning RESID.
Construction Materials Brick,Stone
Year Built 1900
Property SubType Five Or More Units
Tax Year 2022
Percent Ownership Fee Simple
Cool Fuel None
Gross Income 43380.00
Business Type Apartment Building
Accessibility None
County BERKS
New Construction No
Property Type Commercial Sale
Water Access Y/N No
Status PENDING
Directions Franklin Street to 11th property on left
ModificationTimestamp 2024-04-25T15:38:09
City READING
Buyer Agent Compensation 3
Disclosures Lead Free Paint,Prop Disclosure
Total Units 8
MLS Area Reading City (10201)
Lot Size Square Feet 2178.00
Tax Assessed Value 24500.0
Waterfront Y/N No
Street Name FRANKLIN
Tax Annual Amount 1071.0
Property Condition Good
Price Per Sq Ft 136.36
Acceptable Financing Conventional,Cash
Vacation Rental Y/N No
Days on Market 74
Standard Status Pending
Year Built Source Estimated
Tax Lot 0619
Buyer Agent Compensation Type % Of Gross

Interior Features

Heating Fuel Natural Gas
Hot Water Electric
Heating Y/N Yes
Street Suffix STREET
Central Air Y/N No
Total Restrooms 3

Exterior Features

Water Source Public
Total Parking Spaces 2
Type of Parking On Street,Parking Lot
Land Use Code 4217
Water View Y/N No
Building Area Total 2178.00
Lot Dimensions 0.00 x 0.00
Lot Size Acres 0.05
Lot Size Units Square Feet
Lot Size Source Estimated
Land Assessed Value 11000.00
Navigable Water Y/N No
Water Oriented Y/N No
LotDimensionsSource Assessor
Car Parking Spaces 2

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Pending Average in 19602

Price
AVG $180K
$300K
Taxes
AVG $1,601
$1,071
Visits
AVG 81
80
Data Provided by Inside Real Estate®
Year Built
AVG 1903
1900

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