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Key Details
Sold Price $277,500
Property Type Commercial
Sub Type Mixed Use
Listing Status Sold
Purchase Type For Sale
Square Footage 5,000 sqft
Price per Sqft $55
MLS Listing ID PABK373770
Sold Date 07/13/21
HOA Y/N N
Originating Board BRIGHT
Year Built 1910
Annual Tax Amount $5,762
Tax Year 2020
Lot Size 7,841 Sqft
Acres 0.18
Lot Dimensions 0.00 x 0.00
Property Description
Mixed-used 4 unit apartment building with commercial space currently occupied by a church located next to Mingus Magic in the 18th ward redevelopment zone. The roof and gutters have been replaced and there are many replacement windows. The 4 apartments are comprised of 2- 2 bedroom apartments, 1 - 1 bedroom apartment with a bonus room, and 1 - 3 bedroom apartment. Landlord pays for water, sewer, trash, and hot water. The 4 apartment tenants pay for electric and heat (electric). 3 of the 4 apartments pay for cooking gas. 1 of the 4 apartments has an electric range. The commercial tenant has an excellent long-term history. The commercial pays for electric and gas heat.
Location
State PA
County Berks
Area Reading City (10201)
Zoning RES
Interior
Hot Water Natural Gas
Heating Baseboard - Electric, Forced Air
Cooling None
Heat Source Natural Gas, Electric
Exterior
Garage Spaces 8.0
Waterfront N
Water Access N
Accessibility None
Parking Type Parking Lot, On Street
Total Parking Spaces 8
Garage N
Building
Sewer Public Sewer
Water Public
New Construction N
Schools
School District Reading
Others
Tax ID 18-5306-57-54-7117
Ownership Fee Simple
SqFt Source Assessor
Special Listing Condition Standard
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Bought with Zachary Moore • Beckham & Pierce, Inc