408 S 9th Street
Reading, PA 19602
- – beds
- – baths
- 3,216 sqft
- 2,178 sqft lot
- $116 per sqft
- 1889 build
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Fully renovated, Huge 3 units apartment bldg , apt #1 first floor 3 bd ($ 1500 ) , apt # 2 second floor 4 bd ($1600 ), apt # 3 second floor 3 bd ( $ 1500 ). Cash Cow tenants pay own gas heat and hot water, owners pay only taxes , insurance , water and trash. Total income $55.000 Total expenses $ 7.000 WOW 14 % cap rate. Tremendous opportunity for investors . owner occupied could live virtually free in a large unit with income from the other two units. contact listing broker, serious inquiries with POF.
Listing courtesy of BRIGHT / Reading Realty Group
Last checked:
Checking…
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Last updated Oct 17, 2024
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MLS# PABK2045324 —
The Building
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Year Built:1889
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Year Built Source:Assessor
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Year Major Reno/Remodel:2024
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New Construction:Yes
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Construction Completed:No
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Construction Materials:Brick
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Structure Type:Twin/Semi-Detached
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Architectural Style:Other
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Historic:No
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Building Units Total:3
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Accessibility Features:None
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Foundation Details:Concrete Perimeter
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Basement:Yes
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Basement Type:Poured Concrete
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Building Winterized:No
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Total SqFt Source:Assessor
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Total Below Grade SqFt Source:Assessor
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Tax Total Finished SqFt:3216
Interior
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Interior Features:Other
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Fireplace:No
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Living Area SqFt Source:Assessor
Room Dimensions
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Total SqFt:3216
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Living Area SqFt:3,216 Sqft
Financial & Terms
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Sale Type:Standard
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Buyer Financing:Cash
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Possession:Immediate
Location
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Directions:south 9th St
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Latitude:40.32944000
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Longitude:-75.92050000
The Property
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Property Type:Multi-Family
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Property Subtype:Triplex
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Property Condition:Excellent
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Lot Size Units:Square Feet
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Lot Size Acres:0.05
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Lot Size Source:Assessor
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Lot Size Dimensions:0.00 x 0.00
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Lot Dimensions Source:Assessor
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Lot SqFt:2,178 Sqft
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Zoning:R
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Other Structures:Above Grade, Below Grade
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Water View:No
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Waterfront:No
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Water Oriented:No
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Water Access:No
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Navigable Water:No
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Tidal Water:No
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Land Use Code:138R
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Ground Rent Exists:No
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Riparian Rights:No
Listing Agent
- Contact info:
- Agent phone:
- (610) 507-2073
- Office phone:
- (610) 507-2073
Taxes
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Tax ID Number:02-5306-36-98-9049
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Tax Year:2024
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Tax Lot:9049
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Tax Annual Amount:$2,229
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Tax Assessed Value:$50,200
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Year Assessed:2024
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School Tax:900.0
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County Tax:419.00
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City/Town Tax:910.00
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Total Taxes Payment Frequency:Annually
The Listing
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Close Sale Type:Standard Sale
Heating & Cooling
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Cooling Type:None
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Central Air:No
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Cooling Fuel:None
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Heating:Yes
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Heating Type:Forced Air
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Heating Fuel:Natural Gas Available
Utilities
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Utilities:Water Available, Sewer Available, Natural Gas Available, Electric Available
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Sewer/Septic:Public Sewer
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Electric Service:150 Amps
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Hot Water:Natural Gas
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Water Source:Public
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Internet Services:Other
Schools
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Elementary School:Amanda E. Stout
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Middle School:Southern
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School District Name:Reading
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School District Source:3rd Party
The Community
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Pool:No Pool
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Spa:No
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Association Recreation Fee:No
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Municipal Trash:No
Parking
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Garage:No
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Type of Parking:On Street
Extra Units
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Vacation Rental:No
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Three Bedroom Units:2
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).
Bike Score®
Provided by WalkScore® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’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 |
---|---|---|---|---|
10/11/24
Oct 11, 2024
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Sold | BRIGHT | $375,000 | |
9/6/24
Sep 6, 2024
|
Pending | BRIGHT | $375,000 | |
8/25/24
Aug 25, 2024
|
Listed / Active | BRIGHT | $375,000 |