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1261 Reading Road, Denver, PA 17517
$255,000
1261 Reading Road, Denver, PA 17517View this property at 1261 Reading Road, Denver, PA 17517
1261 Reading RoadDenverPA17517
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Property Description
Real Estate Consists Of A Wood-Sided Dwelling, Built in Approx 1890, Containing A First Floor Commercial Unit and Two Residential Apartments. Property Is Zoned Neighborhood Commercial Which Provides For A Wide Variety Of Potential Uses! Unit #1 - First Floor - Approx. 1,650 Sq. Ft. Commercial / Retail Unit Consisting Of Mostly Open Space. (Once A Cigar Factory, Previously An Antique Store). There Is A Kitchenette As Well As A Half Bath. Main Front Entrance As Well As A Loading Dock in The Rear. Hand Operated Freight Elevator. Full Basement. Oil Hot Water Heat. Unit #2 - 2Nd Floor - 2 Bedroom, 1 Bathroom Residential Apartment. Oil Hot Water Heat (Same Furnace That Serves First Floor). Unit #3 - 3Rd Floor - 3 Bedroom / 1.5 Bath Residential Apartment With Laundry. Propane Heat. Situated On A 0.27 (+/-) Acre Lot, There Is Parking in The Rear For Approximately 8 Vehicles. This Building Features Nearly 5,000 Sq. Ft., and Immense Potential Throughout. This Is A Fantastic Investment Opportunity, and The Seller Is Motivated To Sell. You Won't Want To Miss This!
Full Property Details
Full Property Details for 1261 Reading Rd
General
- Sold For: $255,000
- Taxes: $4,285 (2023)
- Status: Closed
- Type: Triplex
- MLS ID: PALA2027984
- Added to Site: 533 day(s) ago
Exterior
- Exterior Features: Awning(s)
- Porch/Patio/Deck: Deck(s)
Parking
- Total Spaces: 8
- Parking Type: Off Street, Parking Lot
Location
- Area: Brecknock Twp (10504)
- Municipality: BRECKNOCK TWP
- County: Lancaster
- Development Name: Bowmansville
- Subdivision: Bowmansville
- Driving Directions: From the intersection of 897 and 272 in Denver, Turn right onto 897/W Swartzville Rd. Turn left onto Lauschtown Rd. then turn right onto Reading Rd. The property is on the right.
School Information
- School District: Eastern Lancaster County
Heating & Cooling
- Cooling Type: Window Unit(s)
- Cooling Fuel: Electric
- Heating Type: Hot Water, Other
- Heating Fuel: Oil, Propane - Owned
- Water Heater: Electric
Utilities
- Sewer: Public Sewer
- Water: Well
Structural Information
- Architectural Info: Straight Thru, Traditional
- Architectural Style: Straight Thru, Traditional
- Structure Type: Detached
- Construction: Wood Siding
- Basement: Yes
- Basement Desc.: Full, Unfinished
- Foundation: Block
- Stories/Levels: 0
- Square Feet: 5,000
- Sq. Ft. Source: Estimated
- Living Area: 5,000 Sq. Ft.
- Finished Above Grnd: 5,000 Sq. Ft.
- Year Built: 1890
- Year Built Source: Assessor
Lot Features
- Lot Size (Acres): 0.27
- Lot Size (Sq. Ft.): 11,761
- Lot Size Source: Assessor
- Zoning: NEIGHBORHOOD COMMERCIAL
Financial Considerations
- Price Per Sq. Ft.: $55.8
- Assessment Year: 2023
- School Tax: $3,314
- City/TownTax: $230
- City/TownTax Freq: Annually
- County Tax: $739
- County Tax Freq: Annually
- Tax w/Assessment: $254,200
- Tax Amount: $4,285
- Tax Year: 2023
- Terms: Standard Sale
Disclosures and Reports
- Buyer’s Brokerage Compensation: 3%
- Ownership: Fee Simple
Listed by Berkshire Hathaway HomeServices Homesale Realty, Brad Wolf
Sold by Howard Hanna Krall Real Estate, Shawn W. Koppenhaver
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Schools
Schools serving 1261 Reading Rd
School District:Eastern Lancaster County School District
Rating | Name | Grades | Distance |
---|---|---|---|
669 E Main St, New Holland, PA 17557 | 7-8 | 6.6 mi | |
669 E Main St, New Holland, PA 17557 | 9-12 | 6.6 mi |
Disclaimer: School ratings provided by
GreatSchools. Ratings are on a scale of 1-10.
Learn more about GreatSchools ratings.
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 1261 Reading Rd
Date
Details
Price
Change
Source
6/16/2023
Sold
$255,000
-8.6%
MLS
3/15/2023
Price Reduced
$279,000
-3.46%
MLS
2/09/2023
Price Reduced
$289,000
-3.67%
MLS
11/16/2022
Listed
$300,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
1261 Reading Road, Denver, PA 17517 (MLS# PALA2027984) is a Triplex property that was sold at $255,000 on June 16, 2023. Want to learn more about 1261 Reading Road? Do you have questions about finding other Triplex real estate for sale in Denver? You can browse all Denver real estate or contact a Coldwell Banker agent to request more information.