800 N 5th Street
Reading, PA 19601
- – beds
- – baths
- – sqft
- 6,969 sqft lot
- 1900 build
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Incredible turnkey investment opportunity in the Centre Park Historic District! This fully rented and restored 5-unit apartment building gives an instant return! Walking up to the building a covered front porch leads to a foyer with mailboxes. From there, you’ll find the main lobby with a large sitting area, two utility closets, and a half bathroom. The foyer and lobby have been renovated. New carpet and new light fixtures have been installed and the original millwork adds charm. The basement has ample storage space, 2 sets of coin-operated washers and dryers are available for the tenants convenience. The garage roof and eaves were restored in 2017. The exterior brick and trim were also restored in 2017. All units have separate electric meters that were installed in 2018. A new roof was added in 2019. Starting on the first floor: Apartment (1) Private side entrance, 2-bedroom, 1-bath with its own separate high-efficiency HVAC system including central air. Apartment (5) Private corner entrance to a modern studio. Second floor: Apartment (2) Updated 1 bedroom, 1 bath, Apartment (4) - bedroom, 1-bath with updated flooring and toilet. Third Floor: Apartment (3) 3-bedroom, 1-bath. A large 2-car tandem side entry garage with a 1-car driveway, which is currently rented out. This building has been well maintained and is ready for it's new caretaker.
Listing courtesy of BRIGHT / Compass Pennsylvania, LLC
Last checked:
Checking…
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Last updated Nov 6, 2024
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MLS# PABK2042566 —
The Building
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Year Built:1900
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Year Built Source:Estimated
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New Construction:No
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Construction Materials:Brick
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Structure Type:Detached
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Architectural Style:Colonial
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Building Levels:3
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Building Units Total:4
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Roof:Rubber
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Security Features:Main Entrance Lock
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Window Features:Wood Frame
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Accessibility Features:None
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Foundation Details:Permanent
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Basement:Yes
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Basement Type:Full
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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
Interior
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Flooring Type:Partially Carpeted, Hardwood
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Fireplace:No
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Wall & Ceilings:High, Plaster Walls
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Living Area SqFt Source:Assessor
Room Dimensions
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Living Area SqFt:0 Sqft
Financial & Terms
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Sale Type:Standard
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Acceptable Financing:Cash, Conventional
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Buyer Financing:Conventional
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Possession:Immediate, Subject to Existing Lease
Location
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Directions:Heading north on N 5th St toward Douglass St, the property will be on your left right after Douglass St.
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Cross Street:Douglass
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Latitude:40.34767000
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Longitude:-75.92782000
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Location Type:Corner Lot/Unit
The Property
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Property Type:Multi-Family
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Property Subtype:Other
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Property Condition:Very Good
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Lot Size Units:Square Feet
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Lot Size Acres:0.16
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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:6,969 Sqft
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Inclusions:One refrigerator and one stove per dwelling unit. Two washers and two dryers in basement. As-is condition.
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Exclusions:Tenants personal property
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Zoning:COMMERCIAL
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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:4116
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Ground Rent Exists:No
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Riparian Rights:No
Listing Agent
- Contact info:
- Agent phone:
- (610) 750-0910
- Office phone:
- (610) 947-0408
Taxes
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Tax ID Number:14-5307-59-74-7760
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Tax Year:2024
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Tax Lot:7760
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Tax Annual Amount:$6,421
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Tax Assessed Value:$144,600
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Year Assessed:2024
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School Tax:2593.0
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County Tax:1207.00
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City/Town Tax:2621.00
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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:Central A/C, Window Unit(s)
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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:Radiator, Steam
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Heating Fuel:Natural Gas
Utilities
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Utilities:Natural Gas Available
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Sewer/Septic:Public Sewer
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Electric Service:200+ Amp Service
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Hot Water:Electric
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Water Source:Public
Schools
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School District Name:Reading
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School District Source:Listing Agent
The Community
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Subdivision Name:Centre Park Histor
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Pool:No Pool
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Spa:No
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Association Recreation Fee:No
Parking
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Total Garage and Parking Spaces:3
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Garage:Yes
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Garage Features:Garage - Side Entry
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Garage Spaces:2.00
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Type of Parking:On Street, Attached Garage, Driveway
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Parking Features:Asphalt Driveway
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# of Attached Garage Spaces:2
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Driveway - # of Spaces:1
Extra Units
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Other Units:Unit 1,Unit 2,Unit 4,Unit 5,Unit 3,Unit 6
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Vacation Rental:No
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Units Furnished:None
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Single Room Units:1
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One Bedroom Units:2
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Two 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).
Max Internet Speed
Provided by BroadbandNow®
This is the maximum advertised internet speed available for this home. Under 10 Mbps is in the slower range, and anything above 30 Mbps is considered fast. For heavier internet users, some plans allow for more than 100 Mbps.
Sale history
Date | Event | Source | Price | % Change |
---|---|---|---|---|
11/5/24
Nov 5, 2024
|
Sold | BRIGHT | $535,000 | -4.5% |
8/29/24
Aug 29, 2024
|
Pending | BRIGHT | $560,000 | |
5/29/24
May 29, 2024
|
Price Changed | BRIGHT | $560,000 | -2.6% |