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1220 Spruce Street, Reading, PA 19602

$53,500

  • For Sale
  • Active
  • Townhouse
  • 5 Beds
  • 2 Full Baths
  • 2,012 Sq. Ft.
  • Updated 1 day ago
1220 Spruce Street, Reading, PA 19602View this property at 1220 Spruce Street, Reading, PA 19602
1220 Spruce StreetReadingPA19602

Property Description

Start making positive cash flow immediately on this group of 2 properties in Reading, Pennsylvania. Units are for sale individually or as a package. Both units are currently rented and generating $1,525 a month in rent. All of the utilities are being paid in full at all properties with the exception of 1 unit where the owner is paying water/trash/sewer. Both properties have been fully rehabbed within the last four years and many extras have been added during this time frame. The properties are being managed by a professional, local property management company. The properties are being liquidated for 25% less than the appraised value...appraisals can be provided for serious inquiries. For more information, please visit MLS #'s 6971003 and
6971005. Please provide a return email or phone number if you wish to be contacted. Buyer must provide their own financing...no owner financing

Full Property Detailsfor 1220 Spruce Street

General

  • Price: $53,500
  • Taxes: $1,757 (2018)
  • Status: Active
  • Type: Townhouse
  • MLS ID: 1000255385
  • Updated: 6/16/2018
  • Added: 420 day(s) ago

Business

  • Includes: Land Only

Interior

  • Rooms/Areas: Living Room, Dining Room, Master Bedroom, Bedroom 2, Bedroom 3, Kitchen, Bedroom 1

Rooms

Bathrooms

  • Total Bathrooms: 2
  • Full Bathrooms: 2

Bedrooms

  • Total Bedrooms: 5

Other Rooms

  • Laundry: None

Parking

  • Parking Features: Street
  • Parking Type: On Street

Location

  • Area: Reading City (10201)
  • County: Berks
  • Development Name: None Available
  • Subdivision: None Available
  • Cross Streets: 12Th
  • Driving Directions: from Penn Street, take 10th St south to Left on Spruce

School Information

  • School District: Reading

Heating & Cooling

  • Cooling Type: Wall Unit
  • Heating Type: Oil, Hot Water
  • Heating Fuel: Oil
  • Water Heater: Natural Gas

Utilities

  • Sewer: Public Sewer
  • Water: Public

Structural Information

  • Architectural Info: Victorian
  • Structure Type: Row/Townhouse
  • Construction: Brick
  • Basement: Yes
  • Basement Desc.: Full
  • Stories/Levels: 0
  • Square Feet: 2,012
  • Sq. Ft. Source: Assessor
  • Living Area: 2,012 Sq. Ft.
  • Finished Above Grnd: 2,012 Sq. Ft.
  • Year Built: 1910
  • Year Built Source: Estimated

Lot Features

  • Lot Size (Acres): 0.04
  • Lot Size (Sq. Ft.): 1,742
  • Lot Dimensions: 16*110
  • Zoning: R3

Financial Considerations

  • Price Per Sq. Ft.: $26.59
  • Tax w/Assessment: $40,600
  • Tax Amount: $1,757
  • Tax Year: 2018

Disclosures and Reports

  • Ownership: Fee Simple
  • Lot: 8414

Listed by Destination Realty LLC, Sean H Moretti

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Schools

Schoolsserving 1220 Spruce Street

School District:Reading School District
School Name
Grades
Distance
Amanda E. Stout Elementary School
321 South 10th Street, Reading, PA 19602
PK-5
0.2 mi
Southern Middle School, Reading, PA
931 Chestnut St, Reading, PA 19602
6-7
0.3 mi
Reading Intermediate High School
215 North 12th Street, Reading, PA 19604
8-9
0.6 mi
Reading Senior High School
801 N 13th St, Reading, PA 19604
10-12
1.3 mi
Disclaimer: School data provided by Pitney Bowes. School attendance boundaries are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History

Price & Sales Historyfor 1220 Spruce Street Get Price Alerts

Date
Details
Price
Change
Source
3/26/2018
Price Reduced
$53,500
-0.93%
MLS
4/24/2017
Listed
$54,000
116%
MLS
6/28/2012
Sold
$25,000
Public Record
Disclaimer: Historical sales and tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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Community Info

Community Infofor 1220 Spruce Street

Listed by Destination Realty LLC, Sean H Moretti

1220 Spruce Street, Reading, PA 19602 (MLS# 1000255385) is a Townhouse property with 5 bedrooms and 2 full bathrooms. 1220 Spruce Street is currently listed for $53,500 and was received on April 24, 2017. Want to learn more about 1220 Spruce Street? Do you have questions about finding other Townhouse real estate for sale in Reading? You can browse all Reading real estate or contact a Coldwell Banker agent to request more information.