Bought with Collier Golden • RE/MAX Of Reading
$100,000
$89,900
11.2%For more information regarding the value of a property, please contact us for a free consultation.
1,742 Sqft Lot
SOLD DATE : 11/01/2021
Key Details
Sold Price $100,000
Property Type Multi-Family
Sub Type Duplex
Listing Status Sold
Purchase Type For Sale
MLS Listing ID PABK2004862
Sold Date 11/01/21
Style Traditional
Year Built 1900
Annual Tax Amount $2,168
Tax Year 2021
Lot Size 1,742 Sqft
Acres 0.04
Lot Dimensions 0.00 x 0.00
Property Sub-Type Duplex
Source BRIGHT
Property Description
Opportunity awaits on the last block of Penn St before City Park in the Penn's Common Historic District. This 2-unit has tremendous potential for an investor or entrepreneur with vision. Both units are vacant and waiting for new tenants. The store on the main level will need remodeling, but the right business will be able to use the existing custom built-in fixtures. Storage space and a half bath along with access to the basement is in the backroom area of the store. The apartment upstairs has a huge living room, full bath, nice kitchen and large bedroom with balcony on the second floor. The third floor has 2 nice-sized rooms that could be converted into bedrooms with the appropriate city approval. All buyers should do their due diligence regarding zoning and commercial uses of the first level and how many bedrooms are allowed in the upstairs apartment. The apartment was last approved and rented as a 1-bedroom apartment in early 2020.
Location
State PA
County Berks
Area Reading City (10201)
Zoning COMMERCIAL RESIDENTIAL
Rooms
Basement Full
Interior
Interior Features Store/Office, Built-Ins
Hot Water Electric
Heating Hot Water
Cooling Window Unit(s)
Heat Source Oil
Exterior
Water Access N
Roof Type Flat
Accessibility None
Garage N
Building
Foundation Stone
Sewer Public Sewer
Water Public
Architectural Style Traditional
Additional Building Above Grade, Below Grade
New Construction N
Schools
School District Reading
Others
Tax ID 03-5317-77-00-6171
Ownership Fee Simple
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Financing Cash,Conventional
Special Listing Condition Standard
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