1012 Penn Street
Reading City, PA 19602
- 4 beds
- 2 baths
- 2,950 sqft
- 2,178 sqft lot
- $64 per sqft
- 1915 build
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Concrete and Brick building with a rear yard! Both apartments are spacious, offer great light with lots of windows, updated flooring, are in good condition, and are generous in size. The building has an updated roof, windows, porch, and HVAC unit. Unit 1 (1 BR) has a new qualified tenant with a lease starting 3/1/2023 - $850/month rent + tenant pays electric/internet/cable. Unit 2 (3 BR) has a long-term (9-year) tenant paying $850 + tenant pays electric/internet/cable/gas month to month. (The current market value for the 3-bedroom unit is $1,400). The long-term tenant would like to continue staying as a tenant with new owners. Please allow 48 hours advance notice for tours to allow the owner to notify tenants. The owner is selling "AS IS" new owners will be responsible for ANY and ALL repairs and/or city requirements. Owner currently pays: taxes, water, sewer/trash, and hallway electricity. (Pre-approval needed for showing confirmation.)
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Last updated Feb 19, 2025
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MLS# 711203 —
The Building
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Year Built:1915
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Construction:Brick
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Stories:3.0
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SqFt:2,950 Sqft
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SqFt Source:Tax Records
Location
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Area:Reading
The Property
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Property Type:Investment Property
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Property Subtype:Investment Property
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Property Subtype Category:Apartment Style, Row/Townhouse
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Zoning Code:RESIDENTIAL
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Lot Size Source:Estimated
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Lot SqFt:2178
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Features:Wash/Dry Hook-ups
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Acres:0.050
Listing Agent
- Contact info:
- No listing contact info available
Taxes
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Total Taxes:$1,796.72
Beds
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Bedrooms:4
Baths
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Baths:2
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Full Baths:2
Heating & Cooling
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Heat:No
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Cooling:Window AC
Utilities
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Water:Public
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Water/Sewer:1915
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Sewer:Public
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Gas:No
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Electric:342
Schools
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School District:Not Applicable
The Community
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Subdivision:Not in Development
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Association:Lehigh Valley MLS
Parking
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Parking:Off Site
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Parking Spaces:4
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Soundscore™
Provided by HowLoud
Soundscore is an overall score that accounts for traffic, airport activity, and local sources. A Soundscore rating is a number between 50 (very loud) and 100 (very quiet).
Sale history
| Date | Event | Source | Price | % Change |
|---|---|---|---|---|
|
8/17/23
Aug 17, 2023
|
Sold | GLVR | $190,000 | -5.0% |
|
7/7/23
Jul 7, 2023
|
Price Changed | GLVR | $200,000 | -14.9% |
|
6/28/23
Jun 28, 2023
|
Price Changed | GLVR | $235,000 | -2.1% |
