Reading, PA 19611,601 LANCASTER AVE
Reading, PA 19611,601 LANCASTER AVE
Reading, PA 19611,601 LANCASTER AVE
$729,000
Est. payment /mo
$729,000
Est.Price: ?

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5,100 SqFt
SOLD DATE : 03/25/2021

Key Details

Sold Price $729,000

Property Type Multi-Family

Sub Type Other

Listing Status Sold

Purchase Type For Sale

Square Footage 5,100 sqft

Price per Sqft $142

MLS Listing ID PABK373106

Sold Date 03/25/21

Style Other

HOA Y/N N

Abv Grd Liv Area 5,100

Originating Board BRIGHT

Year Built 1900

Annual Tax Amount $3,156

Tax Year 2020

Lot Size 2,178 Sqft

Acres 0.05

Lot Dimensions 0.00 x 0.00

Property Description

INCOME GENERATOR! No maintenance required! This 5 unit apartment building has been completely rehabbed. The building has a new roof, windows, and exterior. The plumbing and electrical have been updated throughout. The plumbing from the street has also been replaced along with the sidewalks. Each unit has a brand-new kitchen and bathroom. All units are occupied with an 8% cap rate!

Location

State PA

County Berks

Area Reading City (10201)

Zoning CHECK WITH LISTING AGENT

Rooms

Basement Full

Interior

Hot Water Natural Gas

Heating Baseboard - Hot Water

Cooling Wall Unit

Flooring Ceramic Tile

Equipment Oven/Range - Electric, Refrigerator

Appliance Oven/Range - Electric, Refrigerator

Heat Source Natural Gas

Exterior

Waterfront N

Water Access N

Roof Type Rubber

Accessibility None

Parking Type On Street

Garage N

Building

Lot Description Corner

Foundation Concrete Perimeter, Stone

Sewer Public Sewer

Water Public

Architectural Style Other

Additional Building Above Grade, Below Grade

Structure Type Dry Wall

New Construction N

Schools

School District Reading

Others

Tax ID 18-5306-57-54-3180

Ownership Fee Simple

SqFt Source Assessor

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Financing Cash,Conventional

Special Listing Condition Standard

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Bright MLS (BMLS)
Listed by Renee Hamilton • BHHS Homesale Realty- Reading Berks
Bought with Rachael A Riker • Keller Williams Realty Group

Jason Freeby

Real Estate Team Leader

+1(908) 443-1405

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