Reading, PA 19601,127 SPRING ST
Reading, PA 19601,127 SPRING ST
Reading, PA 19601,127 SPRING ST
38
$282,000
$282,000
Est.Price: ?

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3,283 SqFt

127 SPRING ST Reading, PA 19601

Est. payment /mo
SOLD DATE : 01/11/2022

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Key Details

Sold Price $282,000

Property Type Multi-Family

Sub Type End of Row/Townhouse

Listing Status Sold

Purchase Type For Sale

Square Footage 3,283 sqft

Price per Sqft $85

Subdivision Northwest Reading

MLS Listing ID PABK2006478

Sold Date 01/11/22

Style Victorian

Abv Grd Liv Area 3,283

Originating Board BRIGHT

Year Built 1910

Annual Tax Amount $2,479

Tax Year 2021

Lot Size 1,742 Sqft

Acres 0.04

Lot Dimensions 0.00 x 0.00

Property Description

Attention Investors & owner occupants! Very large Queen Anne Historic District stone & brick Queen Anne Victorian end of row 4 Unit in very good condition. All units have electric baseboard heat. 3 Units have gas cooking and 1 with electric cooking. One gas hot water heater for the entire building is paid for the owner. Unit 1st floor has 5 rooms, 3 BRS, Liv, Kit, Bath, electric cooking, rented for $950 a month on a M/M basis. Unit 2 - 2nd floor front has 4 rooms, 1 BR, living room, dining room, kitchen, bath, gas cooking, rented for $700 a month on a M/M basis. Unit 3 - 2nd floor rear is an efficiency, 2 rooms, Br, kit, bath, gas cooking, rented for $625 a month on a M/M basis. Unit 4 - 3rd floor has 3 rooms, 1 BR, liv, kit, bath, gas cooking, rented for $775 a month on a one year lease by a new tenant in 11/1/21. Rubber roofs. 200 AMP electric main with 100 AMP individual breaker panels. Replacement windows. Hardwood floors. Many updates throughout! Great curb appeal! Total income: $37,200. Expenses: $8,082. Net income: $29,118. Expenses breakdown: Taxes: $2,479. Insurance: $1,691. W/S: $2514. Electric: $803. Gas: $495. Cap Rate: 11%. This beauty is a solid investment located in a very nice neighborhood next to the Children's Home of Reading is a must for your real estate portfolio! Owner occupants choose your unit and live for free.

Location

State PA

County Berks

Area Reading City (10201)

Zoning R3

Rooms

Basement Full, Interior Access, Outside Entrance, Unfinished

Interior

Interior Features Carpet, Wood Floors

Hot Water Natural Gas

Heating Baseboard - Electric

Cooling Window Unit(s)

Flooring Hardwood, Laminated, Vinyl, Carpet

Fireplaces Number 1

Equipment Oven/Range - Electric, Refrigerator, Water Heater

Fireplace Y

Window Features Double Pane,Replacement

Appliance Oven/Range - Electric, Refrigerator, Water Heater

Heat Source Electric

Exterior

Exterior Feature Porch(es), Roof

Utilities Available Above Ground, Cable TV Available, Electric Available, Natural Gas Available, Phone Available, Sewer Available, Water Available

Water Access N

Roof Type Rubber,Architectural Shingle

Accessibility 2+ Access Exits

Porch Porch(es), Roof

Garage N

Building

Foundation Stone

Sewer Public Sewer

Water Public

Architectural Style Victorian

Additional Building Above Grade, Below Grade

New Construction N

Schools

School District Reading

Others

Tax ID 15-5307-49-55-9820

Ownership Fee Simple

SqFt Source Estimated

Security Features Carbon Monoxide Detector(s),Smoke Detector

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Financing Cash,Conventional

Special Listing Condition Standard

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Bright MLS (BMLS)
Listed by Jose M Candelaria • RE/MAX Of Reading
Bought with Anabel Rodriguez Rodriguez Elizalde • Houwzer, LLC

GET MORE INFORMATION

Josh Heller

Owner | License ID: RS338767 / NMLS #2348781

+1(717) 200-4148

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