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738 N 3rd Street

Reading, PA 19601

– beds
– baths
3,379 sqft
3,920 sqft lot
$85 per sqft
1910 build

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BACK ON THE MARKET DUE TO BUYER'S FINANCING FALLING THROUGH (AFTER INSPECTION AND APPRAISAL CONTINGENCIES HAD ALREADY BEEN MET).....A RARELY OFFERED TRUE-BLUE "QUADRAPLEX" 4-UNIT MULTI-FAMILY BUILDING IN GOOD CONDITION! Building is fully occupied with loyal and mostly long-term tenants who pay their rent on time! Located in the "Centre Park Historic District." Boasting nearly 3,500 sq ft of living space (with large rooms in each unit), this gem offers old world charm with original of woodwork meets modern touches. Such a beautiful community and picturesque block! This building consists of three 1-bedroom apartment units plus one 2-bedroom apartment unit, with a serene backyard in the rear. It features a newer energy efficient heating system and is ripe for owner-occupants who'd like to have the rent-paying tenants help defray the mortgage and expenses. The new owner benefit from the revenue generated by the coin-operated washers and dryers located on-site which helps defray the landlord’s utility cost. Investors will also love this GREAT opportunity in this sought after, historical neighborhood. Must see in person to fully appreciate this one. NOTE: Seller may possibly consider an “assist/concession” for the right, qualified buyer with an attractive offer. Sellers says make ALL written offers known!

Listing courtesy of BRIGHT / Keller Williams Main Line

Last checked: Checking… • Last updated Oct 18, 2024 •

MLS# PABK2042088 —

The Building

Year Built:

1910
Year Built Source:

Assessor
New Construction:

No
Construction Materials:

Brick
Structure Type:

Twin/Semi-Detached
Architectural Style:

Victorian
Building Units Total:

4
Accessibility Features:

None
Foundation Details:

Brick/Mortar, Concrete Perimeter
Basement:

Yes
Basement Type:

Unfinished
Building Winterized:

No
Total SqFt Source:

Assessor
Total Below Grade SqFt Source:

Assessor
Tax Total Finished SqFt:

3379

Interior

Fireplace:

No
Living Area SqFt Source:

Assessor

Room Dimensions

Total SqFt:

3379
Living Area SqFt:

3,379 Sqft

Financial & Terms

Sale Type:

Standard
Acceptable Financing:

Cash, Conventional, FHA, VA
Buyer Financing:

Conventional
Possession:

Settlement

Location

Directions:

GPS
Latitude:

40.34720000
Longitude:

-75.93181000

The Property

Property Type:

Multi-Family
Property Subtype:

Quadruplex
Property Condition:

Good
Lot Size Units:

Square Feet
Lot Size Acres:

0.09
Lot Size Source:

Assessor
Lot Size Dimensions:

0.00 x 0.00
Lot Dimensions Source:

Assessor
Lot SqFt:

3,920 Sqft
Zoning:

MULTI
Other Structures:

Above Grade, Below Grade
Water View:

No
Waterfront:

No
Water Oriented:

No
Water Access:

No
Navigable Water:

No
Tidal Water:

No
Land Use Code:

133
Riparian Rights:

No

Listing Agent

Contact info:

Taxes

Tax ID Number:

14-5307-58-64-6561
Tax Year:

2024
Tax Lot:

6561
Tax Annual Amount:

$2,377
Tax Assessed Value:

$89,800
Year Assessed:

2024
County Tax:

749.00
City/Town Tax:

1628.00
Total Taxes Payment Frequency:

Annually

The Listing

Close Sale Type:

Standard Sale

Heating & Cooling

Cooling Type:

None
Central Air:

No
Cooling Fuel:

Natural Gas
Heating:

Yes
Heating Type:

Radiant
Heating Fuel:

Natural Gas

Utilities

Utilities:

Under Ground
Sewer/Septic:

Public Sewer
Hot Water:

Natural Gas
Water Source:

Public

Schools

School District Name:

Reading
School District Source:

Listing Agent

The Community

Subdivision Name:

Centre Park Histor
Pool:

No Pool

Parking

Garage:

No
Type of Parking:

On Street

Extra Units

Vacation Rental:

No
Units Furnished:

None
Single Room Units:

1
One Bedroom Units:

2
Two Bedroom Units:

1

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Sale history

Date	Event	Source	Price	% Change
10/17/24 Oct 17, 2024	Sold	BRIGHT	$290,000	-17.1%
10/14/24 Oct 14, 2024	Pending	BRIGHT	$350,000
6/15/24 Jun 15, 2024	Listed / Active	BRIGHT	$350,000	-5.4%

Multifamily Sold on 10/17/2024

$290,000

Listing provided by broker:

Amber Noble

Keller Williams Main Line

info@mainlinekw.com

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Listing Courtesy of: BRIGHT and Keller Williams Main Line.

The information included in this listing 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. The information on each listing is furnished by the owner and deemed reliable to the best of his/her knowledge, but should be verified by the purchaser. BRIGHT MLS and Estately assume no responsibility for typographical errors, misprints or misinformation. This property is offered without respect to any protected classes in accordance with the law. 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.

738 N 3rd Street

Reading, PA 19601