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1253 Cotton Street, Reading, PA 19602

$29,400

  • For Sale
  • Active
  • Townhouse
  • 3 Beds
  • 1 Full Bath
  • 1 Partial Bath
  • 1,152 Sq. Ft.
1253 Cotton Street, Reading, PA 19602View this property at 1253 Cotton Street, Reading, PA 19602
1253 Cotton StreetReadingPA19602

Property Description

A great investment opportunity for positive cash flow, this 3BR/1BA home is currently being rented for $700 a month. The current occupants pay all utilities, with the exception of water/sewer/trash. This home was rehabbed in October of 2013; renovations included new laminate hardwood flooring in the living room and bedrooms, new linoleum flooring in the kitchen and laundry room area, and fresh paint throughout. This property and its sister property are being managed by a local property management company. 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 Details for 1253 Cotton Street

General

  • Price: $29,400
  • Taxes: $1,088 (2017)
  • Status: Active
  • Type: Townhouse
  • MLS ID: 1000255401
  • Updated: 12/31/2017
  • Added: 302 day(s) ago

Property History

  • 1253 Cotton Street, Reading, PA
  • Listed at $29,400 on 4/24/17

Business

  • Includes: Land Only

Interior

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

Rooms

Bathrooms

  • Total Bathrooms: 2
  • Full Bathrooms: 1
  • Half Bathrooms: 1

Bedrooms

  • Total Bedrooms: 3

Other Rooms

  • Laundry: Main Floor

Parking

  • Parking Features: Street

Location

  • Area: Reading City (10201)
  • County: Berks
  • Development Name: None Available
  • Subdivision: None Available
  • Cross Streets: South 12Th St
  • Driving Directions: from Penn Street, follow 12th st south to Spruce. Property on the right

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: Traditional
  • Structure Type: Townhouse/Rowhouse
  • Construction: Brick
  • Basement: Yes
  • Basement Desc.: Full
  • Square Feet: 1,152
  • Sq. Ft. Source: Assessor
  • Finished Above Grnd: 1,152 Sq. Ft.
  • Year Built: 1920
  • Year Built Source: Estimated

Additional Structures

  • Other Structures: Above Grade

Lot Features

  • Lot Size (Acres): 0.02
  • Lot Size (Sq. Ft.): 871
  • Lot Dimensions: 12*80
  • Zoning: R3

Financial Considerations

  • Tax w/Assessment: $25,300
  • Tax Amount: $1,088
  • Tax Year: 2017
  • Heat Included: Yes

Disclosures and Reports

  • Ownership: Fee Simple
  • Lot: 920

Listed by Destination Realty LLC, Sean H Moretti

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Schools

Schools serving 1253 Cotton Street

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

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Community Info

Community Infofor 1253 Cotton Street

1253 Cotton Street, Reading, PA 19602 (MLS# 1000255401) is a Townhouse property with 3 bedrooms, 1 full bathroom and 1 partial bathroom. 1253 Cotton Street is currently listed for $29,400 and was received on April 24, 2017. Want to learn more about 1253 Cotton 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.

Listed by Destination Realty LLC, Sean H Moretti

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