Sold for $335,000

$335,000

640 N 3rd St, Reading, PA 19601

10beds

5baths

2,723sqft

Quadruplex

Built in 1886

-- sqft lot

$412,100 Zestimate^®

$123/sqft

$1,384 Estimated rent

Home value

$412,100

$383,000 - $445,000

$1,384/mo

Zestimate^® history

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Owner options

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$1,384/mo

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$1,384/mo

Rent Zestimate^®

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$2,206/mo

Est. payment

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$2,206/mo

Est. payment

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What's special

Welcome to your new real estate investment opportunity! This three-story building is a great way to jumpstart your portfolio and start making money right away. With four fully rented units, you'll find yourself with a steady and reliable source of income! Unit one was previously used as the owners unit and consists of 3 bedrooms, 2 bath, Laundry, Garage, a Back Yard and 2 finished rooms with bathroom in the walk out lower level. The unit has vinyl plank flooring and a walk in shower. Unit one is rented for $1,000 per month. Unit two is a 2 bedroom, 1 bath with a side private entrance. This unit rents for $750 per month. Unit Three is located on the second floor and is a 3 bedroom, 1 bath with new carpeting, Vinyl plank flooring and fresh paint. This unit rents for $950 per month. Unit four is a 2 bedroom, 1 bath with Vinyl plank flooring and new carpet. This unit rents for $775. The gross yearly income for this property is $41,700

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 10
Bathrooms: 5

Basement

Area: 0

Heating

Hot Water, Natural Gas

Cooling

None

Appliances

Included: Oven/Range - Gas, Refrigerator, Washer, Dryer, Gas Water Heater

Features

Flooring: Carpet, Laminate, Vinyl
Has fireplace: No

Interior area

Total structure area: 2,723
Total interior livable area: 2,723 sqft

Property

Parking

Total spaces: 2
Parking features: Basement, Garage Faces Side, Inside Entrance, Attached, On Street
Attached garage spaces: 2
Has uncovered spaces: Yes

Accessibility

Accessibility features: None

Features

Patio & porch: Porch
Exterior features: Sidewalks
Pool features: None

Lot

Size: 4,356 sqft

Details

Additional structures: Above Grade, Below Grade
Parcel number: 14530758646080
Zoning: RESIDENTIAL
Special conditions: Standard

Construction

Type & style

Home type: MultiFamily
Architectural style: Traditional
Property subtype: Quadruplex

Materials

Brick
Foundation: Stone
Roof: Slate

Condition

New construction: No
Year built: 1886

Utilities & green energy

Sewer: Public Sewer
Water: Public

Community & neighborhood

Security

Security features: Fire Escape

Location

Region: Reading
Municipality: READING CITY

HOA & financial

Other financial information

Total actual rent: 41700

Other

Other facts

Listing agreement: Exclusive Agency
Income includes: Apartment Rentals
Listing terms: Cash,Conventional
Ownership: Fee Simple

Price history

Date	Event	Price
6/13/2023	Sold	$335,000$123/sqft
Source: Bright MLS #PABK2028996 Report a problem
4/29/2023	Pending sale	$335,000$123/sqft
Source: Bright MLS #PABK2028996 Report a problem
4/22/2023	Listed for sale	$335,000$123/sqft
Source: Bright MLS #PABK2028996 Report a problem