Reading, PA 19602,1008 PENN ST
Reading, PA 19602,1008 PENN ST
Reading, PA 19602,1008 PENN ST
Reading, PA 19602,1008 PENN ST
Reading, PA 19602,1008 PENN ST
Reading, PA 19602,1008 PENN ST
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Listed by Collier Golden • RE/MAX Of Reading
Bought with Collier Golden • RE/MAX Of Reading

$100,000

$89,900

11.2%
Est.Price: ?

For more information regarding the value of a property, please contact us for a free consultation.

Est. payment /mo

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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Bright MLS (BMLS)
Derek Blazer

+1(410) 499-5404

derek@theblazerteam.com

2314 Boston St., Baltimore, MD, 21224, United States

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