Wyomissing, PA 19610,19 READING AVE
Wyomissing, PA 19610,19 READING AVE
Wyomissing, PA 19610,19 READING AVE
25
$258,000
$280,000
7.9%
Est.Price: ?

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2,128 SqFt

19 READING AVE Wyomissing, PA 19610

Est. payment /mo
SOLD DATE : 12/28/2021

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Key Details

Sold Price $258,000

Property Type Single Family Home

Sub Type Twin/Semi-Detached

Listing Status Sold

Purchase Type For Sale

Square Footage 2,128 sqft

Price per Sqft $121

MLS Listing ID PABK2006400

Sold Date 12/28/21

Style Victorian

Abv Grd Liv Area 2,128

Originating Board BRIGHT

Year Built 1925

Annual Tax Amount $3,451

Tax Year 2021

Lot Size 3,049 Sqft

Acres 0.07

Property Description

Wyomissing Borough very large Victorian semi-detached brick 3 unit fully rented and in overall good condition. Some longterm tenants. Paved off-street parking for 3 cars. Oil S/W winter heat and hot water paid for by the owner. tenants pay for their electric. Owner pays for W/S/T/R. Covered front porch and rear 2nd level deck. Laundry hookup in basement. Attached storage in the rear of the building. 200 AMP electric with 4 - 100 AMP breaker panels. Unit 1 - 1st floor has 4 rooms, 2 private BRS, liv, kit, bath, electric cooking, tenant pays electric, $895 a month by a 20 plus year tenant. Unit 2 - 2nd floor has 4 rooms, 2 private BRS, liv, kit, bath, electric cooking, rear deck, parking space, rented for $975 a month by a 1 year tenant on a M/M basis. Unit 3 - 3rd floor is an efficiency, 2 rooms, electric cooking, electric baseboard in the bathroom, rented for $675 a month by a 8 month tenant on a one year lease. Annual income: $30,540. Total expenses: $8,000. NOI: $22,540. Cap rate: 8%. Expenses breakdown: Taxes: $3451. Insurance: $628. Oil: $1470. Owner's Electric: $413. W/S/T/R: $1938. Excellent investment opportunity in the very popular Wyomissing School District and just a short walk to West Reading Strip with restaurants, shopping and offering a multitude of events and activities and near major roads, schools and the hospital. A must for your investment portfolio. Being sold AS IS!

Location

State PA

County Berks

Area Wyomissing Boro (10296)

Zoning RES

Rooms

Basement Full, Interior Access, Outside Entrance, Rear Entrance

Interior

Interior Features Ceiling Fan(s), Carpet

Hot Water Oil, S/W Changeover

Heating Radiator

Cooling Window Unit(s)

Flooring Wood, Fully Carpeted, Vinyl, Tile/Brick

Equipment Oven/Range - Electric, Refrigerator

Fireplace N

Window Features Double Pane,Replacement

Appliance Oven/Range - Electric, Refrigerator

Heat Source Oil

Exterior

Exterior Feature Deck(s), Patio(s), Porch(es)

Garage Spaces 3.0

Utilities Available Above Ground

Water Access N

Roof Type Pitched,Rubber

Accessibility 2+ Access Exits

Porch Deck(s), Patio(s), Porch(es)

Total Parking Spaces 3

Garage N

Building

Foundation Concrete Perimeter

Sewer Public Sewer

Water Public

Architectural Style Victorian

Additional Building Above Grade

New Construction N

Schools

High Schools Wyomissing Area Junior-Senior

School District Wyomissing Area

Others

Tax ID 96-4397-20-90-3256

Ownership Fee Simple

SqFt Source Estimated

Security Features Carbon Monoxide Detector(s),Smoke Detector

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Financing Cash,Conventional

Special Listing Condition Standard

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Bright MLS (BMLS)
Listed by Jose M Candelaria • RE/MAX Of Reading
Bought with Jose M Candelaria • RE/MAX Of Reading

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Bradley Perez

Agent | License ID: 1972347

+1(609) 383-5668

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