Reading, PA 19601,610 N 5TH ST
Reading, PA 19601,610 N 5TH ST
Reading, PA 19601,610 N 5TH ST
$576,000
Est. payment /mo
$595,000
3.2%
Est.Price: ?

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10,000 SqFt
SOLD DATE : 01/09/2023

Key Details

Sold Price $576,000

Property Type Commercial

Sub Type Five Or More Units

Listing Status Sold

Purchase Type For Sale

Square Footage 10,000 sqft

Price per Sqft $57

Subdivision Centre Park Histor

MLS Listing ID PABK2024408

Sold Date 01/09/23

Originating Board BRIGHT

Year Built 1905

Annual Tax Amount $11,204

Tax Year 2022

Lot Size 0.330 Acres

Acres 0.33

Lot Dimensions 0.00 x 0.00

Property Description

Sellers are moving on with another project which makes this an incredible opportunity to own this beautifully preserved, ornate piece of history! With a projected income of over $10,000 a month, this 90% completed, 8-unit, mixed-use property has the perfect mix of gorgeous old world charm and stunning modern updates. The scrolled woodworking, leaded and stained glass, original hardwood floors, and decorative tilework will simply take your breath away. The statement piece of this unbelievable property is the covered, cylindrical front porch with bold columns and decorative tile flooring. Leaded glass double doors invite you into a stunning vestibule with decorative tilework that opens up into the massive tiled foyer and grand staircase. The landing to the second floor offers a wall of shimmering stained glass windows that will simply leave you in awe! 7 of the 8 units can be found in the main building with an 8th studio apartment in the carriage house above the 3 car garage with partial basement! All of the units have updated kitchens and bathrooms, most with brand new appliances. Several of the kitchens offer beautiful breakfast bars and refinished original hardwood flooring. New lighting, paint and gorgeous hardwood floors are just a few of the things you will find while touring this incredible property. Each unit offers new water heaters installed in 2021, all new HVAC systems offering natural gas forced-air heating with central air and separate electric meters for each unit. All new electric has been run throughout the building, the roof has recently been replaced, as well as the sewer and water lines. The three-car detached garage offers opportunity for additional income and massive unfinished basement allows for generous storage space and offers a walkout exit to the rear yard. You absolutely will not want to miss out on your opportunity to own this stunning gem of a property! Call today for your private showing.

Location

State PA

County Berks

Area Reading City (10201)

Zoning R-3

Interior

Hot Water Electric

Heating Forced Air

Cooling Central A/C

Flooring Ceramic Tile, Hardwood, Laminated, Carpet

Heat Source Natural Gas

Exterior

Garage Spaces 3.0

Waterfront N

Water Access N

Roof Type Shingle

Accessibility None

Parking Type Private Garage

Total Parking Spaces 3

Garage N

Building

Sewer Public Sewer

Water Public

New Construction N

Schools

School District Reading

Others

Tax ID 14-5307-59-73-7803

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 Daryl E Tillman • Daryl Tillman Realty Group
Bought with Ana Marie Guzman Rodriguez • Simple Realty

Jason Freeby

Real Estate Team Leader

+1(908) 443-1405

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