422 Spring Street
Reading, PA 19601
- 5 beds
- 2 baths
- 2,340 sqft
- 1,742 sqft lot
- $96 per sqft
- 1915 build
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Investor Alert: Prime Opportunity to Expand Your Portfolio! Unlock the potential of this tenant-filled, 3-story traditional Townhome nestled in the heart of Reading. Whether you're a seasoned investor or just starting out, this property offers a perfect blend of stability and promise, poised to deliver immediate rental income with room for value appreciation. Step onto a welcoming covered front porch through the door to the living room featuring exposed beams and plank flooring, illuminating the classic layout that flows seamlessly into a spacious dining room. The adjoining kitchen, complete with ample cabinetry and counter space. A conveniently located half bath rounds out the main level, adding practicality to charm. Ascend to the second floor where you'll discover three well-proportioned bedrooms, each offering a cozy retreat for tenants. The highlight of this floor is the versatile bonus room. The full bathroom features a refreshing shower, tile flooring and walls, catering to modern needs while maintaining timeless elegance. The third floor unveils two additional bedrooms, providing flexible living arrangements. The basement is not merely an afterthought. Here, functional meets convenience with a dedicated laundry area equipped with a washer and dryer. This lower level also offers potential for additional storage. Additional highlights are Tenant-Filled providing immediate rental income stream. Some minor cosmetic work is needed. Situated in a thriving Reading neighborhood, with close proximity to schools, parks, and shopping centers. Why Wait? This property is more than just a house—it's an investment in your future. With its blend of character, functionality, and income potential, this Townhome won't be on the market for long. Seize this opportunity to add a valuable asset to your portfolio today. The right property is waiting for the right investor—make sure you're the one to seize this golden opportunity! Tenant occupied, Please be respectful
Listing courtesy of BRIGHT / Springer Realty Group
Last checked:
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Last updated Oct 17, 2024
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MLS# PABK2044784 —
The Building
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Year Built:1915
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Year Built Source:Assessor
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New Construction:No
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Construction Materials:Brick
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Structure Type:Interior Row/Townhouse
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Architectural Style:Straight Thru, Traditional
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Levels:3
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Security Features:Carbon Monoxide Detector(s), Smoke Detector
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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:Full, Unfinished
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Total SqFt Source:Assessor
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Total Below Grade SqFt Source:Assessor
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Above Grade Finished Area Units:Square Feet
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Above Grade Finished SqFt:2340
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Above Grade Finished SqFt Source:Assessor
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Below Grade Finished Area Units:Square Feet
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Below Grade Unfinished Area Units:Square Feet
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Below Grade Finished SqFt Source:Assessor
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Below Grade Unfinished SqFt Source:Assessor
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Tax Total Finished SqFt:2340
Interior
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Interior Features:Ceiling Fan(s), Dining Area, Exposed Beams, Floor Plan - Traditional, Kitchen - Eat-In
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Room List:Living Room, Dining Room, Bedroom 2, Bedroom 3, Bedroom 4, Bedroom 5, Kitchen, Basement, Bedroom 1, Bonus Room, Full Bath, Half Bath
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Room Count:9
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Flooring Type:Luxury Vinyl Plank
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Fireplace:No
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Living Area SqFt Source:Assessor
Room Dimensions
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Total SqFt:2340
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Living Area SqFt:2,340 Sqft
Financial & Terms
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Sale Type:Standard
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Acceptable Financing:Cash, Conventional
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Buyer Financing:Cash
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Possession:Negotiable
Location
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Directions:422 BUS E/Penn St, Continue straight onto Penn St, Turn left onto N 3rd St, Turn right onto Spring St, Property will be on the right
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Latitude:40.35022354
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Longitude:-75.92861938
The Property
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Property Type:Residential
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Property Condition:Very Good
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Lot Size Units:Square Feet
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Lot Size Acres:0.04
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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:1,742 Sqft
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Inclusions:Kitchen Appliances, Washer, Dryer. All As-Is condition and of No Value
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Exclusions:Tenants Personal Property
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Zoning:RESID
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Outdoor Living Structures:Deck(s), Porch(es)
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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:117R
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Riparian Rights:No
Listing Agent
- Contact info:
- Agent phone:
- (484) 336-8677
- Office phone:
- (484) 498-4000
Taxes
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Tax ID Number:14-5307-51-75-5623
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Tax Year:2023
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Tax Lot:5623
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Tax Annual Amount:$2,802
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Tax Assessed Value:$64,100
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Year Assessed:2023
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School Tax:1149.0
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County Tax:491.00
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City/Town Tax:1162.00
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Total Taxes Payment Frequency:Annually
Beds
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Bedrooms:5
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Upper Level Bedrooms:5
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Upper Level 1 Bedrooms:3
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Bedrooms Upper Level:2
Baths
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Total Baths:2
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Full Baths:1
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Half Baths:1
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Main Level Baths:1.00
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Main Level Half Baths:1
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Upper Level Full Baths:1
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Upper Level Total Baths:1
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Upper Level Total Baths:1.00
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Upper Level Full Baths:1
The Listing
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Close Sale Type:Standard Sale
Heating & Cooling
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Cooling Type:Central A/C
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Central Air:Yes
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Cooling Fuel:Electric
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Heating:Yes
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Heating Type:Forced Air
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Heating Fuel:Natural Gas
Utilities
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Utilities:Cable TV Available, Electric Available, Natural Gas Available, Sewer Available, Water Available
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Sewer/Septic:Public Sewer
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Electric Service:100 Amp Service
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Hot Water:Electric
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Water Source:Public
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Internet Services:Cable
Appliances
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Appliances:Dryer, Microwave, Oven/Range - Gas, Refrigerator, Washer, Stainless Steel Appliances, Water Heater
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Laundry Type:Basement, Has Laundry
Schools
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School District Name:Reading
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School District Source:3rd Party
The Community
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Subdivision Name:None Available
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Senior Community:No
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Exterior Features:Exterior Lighting, Sidewalks, Street Lights
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Pool:No Pool
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Association Recreation Fee:No
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HOA:No
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Condo/Coop Association: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
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).
Air Pollution Index
Provided by ClearlyEnergy
The air pollution index is calculated by county or urban area using the past three years data. The index ranks the county or urban area on a scale of 0 (best) - 100 (worst) across the United Sates.
Sale history
Date | Event | Source | Price | % Change |
---|---|---|---|---|
10/3/24
Oct 3, 2024
|
Sold | BRIGHT | $225,000 | -14.8% |
8/10/24
Aug 10, 2024
|
Pending | BRIGHT | $264,000 | |
7/17/24
Jul 17, 2024
|
Listed / Active | BRIGHT | $264,000 |