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Key Details
Sold Price $170,000
Property Type Multi-Family
Sub Type Interior Row/Townhouse
Listing Status Sold
Purchase Type For Sale
Square Footage 2,228 sqft
Price per Sqft $76
Subdivision Reading
MLS Listing ID PABK371136
Sold Date 03/16/21
Style Traditional
HOA Y/N N
Abv Grd Liv Area 2,228
Originating Board BRIGHT
Year Built 1900
Annual Tax Amount $1,679
Tax Year 2021
Lot Size 1,307 Sqft
Acres 0.03
Lot Dimensions 0.00 x 0.00
Property Description
Welcome to this fully occupied amazing investment opportunity at 515 Laurel Street. This well maintained four unit property is an excellent investment opportunity. All four units offer 1 bedroom and 1 bathroom, electric heat, electric hot water, fully occupied, and long term tenants. Tenants pay separate electric and water bills. With a cap rate of 11.6% this is a no brainer buy. Schedule your private tour today!!!
Location
State PA
County Berks
Area Reading City (10201)
Zoning RESI
Rooms
Basement Full
Interior
Hot Water Electric
Heating Baseboard - Electric
Cooling Window Unit(s)
Flooring Hardwood, Ceramic Tile, Laminated
Equipment Stove, Refrigerator
Window Features Double Pane
Appliance Stove, Refrigerator
Heat Source Electric
Exterior
Utilities Available Natural Gas Available
Waterfront N
Water Access N
Roof Type Rubber
Accessibility None
Parking Type On Street
Garage N
Building
Sewer Public Sewer
Water Public
Architectural Style Traditional
Additional Building Above Grade, Below Grade
Structure Type Plaster Walls,Dry Wall
New Construction N
Schools
High Schools Reading Senior
School District Reading
Others
Tax ID 01-5306-43-77-9497
Ownership Fee Simple
SqFt Source Assessor
Acceptable Financing Cash, Conventional, FHA, VA
Listing Terms Cash, Conventional, FHA, VA
Financing Cash,Conventional,FHA,VA
Special Listing Condition Standard
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Bought with Joe Colon • Keller Williams Platinum Realty