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Off market
  • $224,000

    223 Raymond St, Reading, PA 19605

    2beds
    1,140sqft
    MultiFamily
    Built in 1925
    -- sqft lot
    $224,000 Zestimate®
    $196/sqft
    $1,508 Estimated rent

    Home value

    $224,000

    $208,000 - $242,000

    $1,508/mo

    Zestimate® history
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    $1,531/mo

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    What's special

    This Muhlenberg 2 unit is a great investment for the 1st time entrepreneur as well as those looking to add to their portfolio. The 1st floor unit has new flooring throughout, new kitchen cabinets and newer appliances. The 2nd floor unit has new carpet, an updated bath and newer appliances. The long term tenant (10 years) prefers to stay and pays his own electric. The detached 2 car garage has garage door openers, as well as it's own electric and rents for $100 per month. The homes basement provides convenient on-site washer/dryer access for both tenants and has generated $50 per month of additional income! The mechanicals are solid! A new high efficiency gas heater was installed in 2009. Gas hot water. Replacement windows recently installed. (2nd floor only) The Rubber roof is in good condition. This property provides excellent cash flow and would be a great opportunity for an owner occupied Buyer.Both tenants are on month to month leases! Put this one on your must see list! Call for details!

    This property is off market, which means it's not currently listed for sale or rent on Zillow. This may be different from what's available on other websites or public sources.

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 2
    • Bathrooms: 2
    • Full bathrooms: 2
    Heating
    • Other, Gas
    Cooling
    • Wall
    Features
    • CeilngFan(s), WindowTrmts, Energy Efficient Windows, Replacement Windows
    • Flooring: Tile, Carpet, Hardwood, Laminate
    Interior area
    • Total interior livable area: 1,140 sqft

    Property

    Parking
    • Parking features: Garage - Detached
    Features
    • Exterior features: Brick
    Lot
    • Size: 2,178 sqft
    Details
    • Parcel number: 66530816849250

    Construction

    Type & style
    • Home type: MultiFamily
    Materials
    • masonry
    Condition
    • Average+Prop
    • Year built: 1925

    Community & neighborhood

    Location
    • Region: Reading

    Other

    Other facts
    • CurrentFinancing: Conventional, VA, FHA 203(b), USDA
    • LocaleListingStatus: ACTIVE
    • Ownership: Fee Simple
    • ExteriorFeatures: Sidewalks, StreetLights, Fencing
    • GarageSpaces: 2-CarGarage
    • GarageType: GarDoorOpner
    • Heating: Radiator
    • HotWater: Natural Gas
    • Roof: ShingleRoof, PitchedRoof, FlatRoof
    • SewerSeptic: Public Sewer
    • State: PA
    • Water: Public
    • ElectricService: 100-150AmpEl
    • InteriorSquareFeetSource: Assessor
    • InteriorFeatures: CeilngFan(s), WindowTrmts, Energy Efficient Windows, Replacement Windows
    • Exterior: Alum/Steel Siding
    • LaundryType: HookupLaundr, YesLaundry, Common Laundry
    • Parking: Street
    • PropertyCondition: Average+Prop
    • Storage: Garage
    • Design: Duplex
    • Entrance: KeyedEntr
    • AdditionalIncomeSources: Laundry
    • Ownership: Fee Simple

    Price history

    DateEventPrice
    8/3/2020Sold$120,000+18.8%$105/sqft
    Source: Public Record Report a problem
    7/20/2017Sold$101,000-6%$89/sqft
    Source: Public Record Report a problem
    4/17/2017Price change$107,500-8.5%$94/sqft
    Source: RE/MAX Of Reading #6900711 Report a problem
    12/12/2016Listed for sale$117,500+15.3%$103/sqft
    Source: RE/MAX Of Reading #6900711 Report a problem
    9/3/2008Sold$101,900+2%$89/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$3,488 +8.5%$66,800
    2024$3,216 +6.5%$66,800
    2023$3,018 +1.7%$66,800

    Find assessor info on the county website

    Neighborhood: 19605

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • High: Muhlenberg
    • District: Muhlenberg

    Source: The MLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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