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629 & 631 N 5TH Street

READING, PA 19601
  • $800,000
  • STATUS: Active
  • ON SITE: 51 Days
  • ID#: PABK2017494
UPDATED: 34 min ago
$800,000
  • 0
    BEDS
  • 0.11
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Commercial
Built:
1915
County:

School Information

High School:
School District:

Description

This Centre Park duplex includes two parcels... 629 and 631 N 5th St. Offered together, they include 10 apartments and 6 garages each with a parking space. ||| 629 N 5th St has four apartments, configured as #1 first floor front, a studio. #2 first floor rear, three bedrooms. #3 the entire second floor with really large rooms, one bedroom. #4 the entire third floor again with large rooms, 1.5 bathrooms and one super size bedroom... Tenants pay electric, gas... owner pays water, sewer, trash and recycling. ||| 631 N 5th St is attached to 629 N 5th, a very large duplex! 631 has 6 two bedroom apartments, two on each floor. These are huge apartments... with tenants paying electric, and gas for hot water and cooking fuel... owner pays heat produced by a natural gas fired 400,000 BTU Well McLean, 2 zone hot water heating system... owners other expenses include water, sewer, trash and recycling, lawn maintenance, snow removal. This location commands the best rents in Reading. When you give this property a tune up you will command premium rents. Today, rents are at or just under market value with room for improvement. Rented for $140 each there are 6 private garages each with one parking space and several storage lockers in the basement... three of these are rented for $35 each. You will find stunning architecture through out the neighborhood, this corner building stands out as a true landmark at the intersection of N 5th and Oley Sts. Please allow 48 hours notice for showings, but make time to check it out... there really are none others like it!

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©2022 Bright MLS, All Rights Reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale may no longer be available because they are for instance, under contract, sold, or are no longer being offered for sale. Information is deemed reliable but is not guaranteed accurate by the MLS or ExecuHome Realty. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. Data last updated: 2022-08-18T13:03:02.113.
www.execuhome.com/homes/130312375
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629 & 631 N 5TH Street READING, PA 19601

  • Price: $800,000
  • Status: Active
  • On Site: 51 Days
  • Updated: 34 min ago
  • ID#: PABK2017494
0
Beds
0
Baths
0
½ Baths
0.11
Acres
1915
Built
Neighborhood:
Centre Park Histor
County:
Berks
Area:
Reading City (10201)
High School:
Reading Senior
School District:
Reading
Property Description
This Centre Park duplex includes two parcels... 629 and 631 N 5th St. Offered together, they include 10 apartments and 6 garages each with a parking space. ||| 629 N 5th St has four apartments, configured as #1 first floor front, a studio. #2 first floor rear, three bedrooms. #3 the entire second floor with really large rooms, one bedroom. #4 the entire third floor again with large rooms, 1.5 bathrooms and one super size bedroom... Tenants pay electric, gas... owner pays water, sewer, trash and recycling. ||| 631 N 5th St is attached to 629 N 5th, a very large duplex! 631 has 6 two bedroom apartments, two on each floor. These are huge apartments... with tenants paying electric, and gas for hot water and cooking fuel... owner pays heat produced by a natural gas fired 400,000 BTU Well McLean, 2 zone hot water heating system... owners other expenses include water, sewer, trash and recycling, lawn maintenance, snow removal. This location commands the best rents in Reading. When you give this property a tune up you will command premium rents. Today, rents are at or just under market value with room for improvement. Rented for $140 each there are 6 private garages each with one parking space and several storage lockers in the basement... three of these are rented for $35 each. You will find stunning architecture through out the neighborhood, this corner building stands out as a true landmark at the intersection of N 5th and Oley Sts. Please allow 48 hours notice for showings, but make time to check it out... there really are none others like it!
Exterior Features

Construction Materials Brick Garage YN No Location Type Corner Lot/Unit Lot Features Front YardLevelSideyard(S)Rear YardZero Lot Line Parking Features Private Parking Types On StreetDrivewayPrivate Garage Property Condition Good Riparian Rights YN No Road Responsibility City/County Road Surface Type Paved Roof ShingleAsphalt Soil Types Unknown View StreetOther Water Access YN No Water Oriented YN No Water View YN No Waterfront YN No

Interior Features

Building Area Total 9750.00 Cooling None Flooring Partially CarpetedWoodVinylOther Heating Baseboard - Hot Water Heating YN Yes Net Square Feet 999.00

Property Features

Acceptable Financing Conventional Accessibility Features None Assessment Year 2020 Business Type Apartment Building Central Air YN No Cooling Fuel None Cross Street Oley Electric 100 Amp Service Elevators 0 Entry Level 1 Foundation Details StoneSlab Heating Fuel Natural Gas Historic YN Yes Hot Water Natural Gas Lease Considered YN No Municipality Reading City Navigable Water YN N New Construction YN No Number Of Units Total 10 Original MLSNumber 801658880654 Ownership Interest Fee Simple Possession Immediate0-30 Days Cd31-60 Days Cd Property Sub Type Five Or More Units Sale Type Standard Sewer Public Sewer Tax Annual Amount 5912.00 Tax Assessment Amount 223100.00 Tax Lot 9064 Transportation Airport Less Than 10 MilesBus Stop Less Than 1 Mile Trash Expense 2270.00 Utilities Cable Tv AvailableElectric AvailableNatural Gas AvailablePhone AvailableSewer AvailableWater Available Vacation Rental YN No Water Source Public Zoning R3 Zoning Description High Density Residential And Mixed Use Allowed

Listing courtesy of Destination Realty Llc.


©2022 Bright MLS, All Rights Reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale may no longer be available because they are for instance, under contract, sold, or are no longer being offered for sale. Information is deemed reliable but is not guaranteed accurate by the MLS or ExecuHome Realty. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. Data last updated: 2022-08-18T13:03:02.113.
 
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