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1/23
1126 Franklin Street, Reading, PA 19602
$375,000
1126 Franklin Street, Reading, PA 19602View this property at 1126 Franklin Street, Reading, PA 19602
1126 Franklin StreetReadingPA19602
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1/23
Property Description
Calling all multi-unit real estate investors! 5 residential units, within a prime location making it easy to rent out. Both the exterior and interior of the property have been recently freshly painted, in addition to recently replaced flooring throughout. Review the numbers and make this cash flow yours! Please reach out today for additional details and to schedule your private showing. Current rental/lease income per unit/per month. Unit/Apartment 1: 4850. Unit/Apartment 2: $850. Unit/Apartment 3: $850. Unit/Apartment 4: $900. Unit/Apartment 5: $900.
Full Property Details
Full Property Details for 1126 Franklin St
General
- Price: $375,000
- Taxes: $1,604 (2022)
- Status: Active
- Type: Apartment
- MLS ID: PABK2040558
- Updated: 3/12/2024
- Added to Site: 47 day(s) ago
Business
- Business Type: Apartment Building
Interior
- Flooring: Carpet, Tile/Brick, Vinyl, Other
Additional Information
- Security/Safety: Smoke Detector
Parking
- Parking Type: Driveway
Location
- Area: Reading City (10201)
- Municipality: READING CITY
- County: Berks
- Driving Directions: Head east on Penn Avenue, right on S 10th St, left on Franklin St.
- Location Details: Corner Lot/Unit
Heating & Cooling
- Cooling Type: None
- Heating Type: Forced Air, Radiator
- Heating Fuel: Electric, Natural Gas
- Water Heater: Electric, Natural Gas
Utilities
- Sewer: Public Sewer
- Water: Public
- Utility Description: Electric Available, Natural Gas Available
Structural Information
- Construction: Brick, Other
- Roof: Other
- Stories/Levels: 0
- Year Built: 1900
- Year Built Source: Estimated
Unit Information
- # Tenants: Multiple
- Other Units: Unit 1, Unit 2, Unit 4, Unit 5, Unit 3
Unit 1
- Unit Description: Unit 1
Unit 2
- Unit Description: Unit 2
Unit 3
- Unit Description: Unit 3
Unit 4
- Unit Description: Unit 4
Unit 5
- Unit Description: Unit 5
Lot Features
- Lot Size (Acres): 0.03
- Lot Size (Sq. Ft.): 1,306
- Lot Size Source: Assessor
- Lot Dimensions: 0.00 x 0.00
- Lot Features: Rear Yard
- Zoning: COMMERCIAL
- Lot Description: Rear Yard
Financial Considerations
- Price Per Sq. Ft.: $100
- Assessment Year: 2023
- School Tax: $658
- City/TownTax: $665
- City/TownTax Freq: Annually
- County Tax: $281
- County Tax Freq: Annually
- Tax w/Assessment: $36,700
- Tax Amount: $1,604
- Tax Year: 2022
- Owner Pays: Sewer, Taxes - Personal property, Taxes - Real Estate, Trash Collection, Water, Other
- Landlord Pays: Sewer, Taxes - Personal property, Taxes - Real Estate, Trash Collection, Water, Other
Disclosures and Reports
- Buyer’s Brokerage Compensation: 2.5%
- Ownership: Fee Simple
- Investment: Yes
- Lot Number: 3562
Listed by Pagoda Realty, Jimmy Thelusca
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Schools
Schools serving 1126 Franklin St
School District:Reading School District
Rating | Name | Grades | Distance |
---|---|---|---|
321 S 10th St, Reading, PA 19602 | K-5 | 0.3 mi | |
931 Chestnut St, Reading, PA 19602 | 6-7 | 0.2 mi | |
801 N 13th St, Reading, PA 19604 | 10-12 | 1.1 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 1126 Franklin St
Date
Details
Price
Change
Source
3/11/2024
Listed
$375,000
44.23%
MLS
9/02/2022
Sold
$260,000
—
Public Record
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 1126 Franklin St
Year
Property Taxes
Change
Tax Assessment
Change
2023
$1,604
—
$36,700
—
2022
$1,604
—
$36,700
—
2021
$1,604
1%
$36,700
—
2020
$1,588
—
$36,700
—
2019
$1,588
—
$36,700
—
2018
$1,588
1%
$36,700
—
2017
$1,578
1%
$36,700
—
2016
$1,559
5%
$36,700
—
2015
$1,485
1%
$36,700
—
2014
$1,467
—
$36,700
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 1126 Franklin St
1126 Franklin Street, Reading, PA 19602 (MLS# PABK2040558) is a Apartment property. 1126 Franklin Street is currently listed for $375,000 and was received on March 11, 2024. Want to learn more about 1126 Franklin Street? Do you have questions about finding other Apartment real estate for sale in Reading? You can browse all Reading real estate or contact a Coldwell Banker agent to request more information.