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127 S 3rd Street, Reading, PA 19602
$349,900
127 S 3rd Street, Reading, PA 19602View this property at 127 S 3rd Street, Reading, PA 19602
127 S 3rd StreetReadingPA19602
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Property Description
Check out this 6-unit Apartment Building that has tons of upside! The property is over 6,000 square feet, which is rare to find in today's market. The property has 6 separate electrical meters. All the units have high ceilings and tons of square footage in each unit. This property easily can bring over $70,000 a year in Gross Revenue.
Full Property Details
Full Property Details for 127 S 3rd St
General
- Price: $349,900
- Taxes: $2,120 (2022)
- Status: Active
- Type: Apartment
- MLS ID: PABK2038302
- Updated: 3/20/2024
- Added to Site: 123 day(s) ago
Business
- Business Type: Apartment Building
Parking
- Parking Type: None
Location
- Area: Reading City (10201)
- Municipality: READING CITY
- County: Berks
- Driving Directions: Turn right onto N 5th St 2.1 mi Continue on Chestnut St. Drive to S 3rd St 1 min (0.3 mi) Turn right onto Chestnut St 0.2 mi Turn right onto S 3rd St
Heating & Cooling
- Cooling Type: None
- Heating Type: Baseboard - Electric
- Heating Fuel: Electric
- Water Heater: Electric
Utilities
- Sewer: Public Sewer
- Water: Public
Structural Information
- Construction: Brick, Vinyl Siding
- Stories/Levels: 0
- Year Built: 1900
- Year Built Source: Estimated
Unit Information
- # Tenants: Multiple
Lot Features
- Lot Size (Acres): 0.08
- Lot Size (Sq. Ft.): 3,484
- Lot Size Source: Estimated
- Lot Dimensions: 0.00 x 0.00
- Zoning: RES
Financial Considerations
- Price Per Sq. Ft.: $51.6
- Assessment Year: 2023
- School Tax: $870
- City/TownTax: $879
- City/TownTax Freq: Annually
- County Tax: $371
- County Tax Freq: Annually
- Tax w/Assessment: $48,500
- Tax Amount: $2,120
- Tax Year: 2022
Disclosures and Reports
- Buyer’s Brokerage Compensation: 2.5%
- Ownership: Fee Simple
- Lot Number: 8351
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Schools
Schools serving 127 S 3rd St
School District:Reading School District
Rating | Name | Grades | Distance |
---|---|---|---|
315 S 5th St, Reading, PA 19602 | K-5 | 0.3 mi | |
Southwest Middle School
300 Chestnut St, Reading, PA 19602 | 6-7 | 0.1 mi | |
801 N 13th St, Reading, PA 19604 | 10-12 | 1.5 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 127 S 3rd St
Date
Details
Price
Change
Source
1/03/2024
Listed
$349,900
112.06%
MLS
7/15/2020
Sold
$165,000
—
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 127 S 3rd St
Year
Property Taxes
Change
Tax Assessment
Change
2023
$2,120
—
$48,500
—
2022
$2,120
—
$48,500
—
2021
$2,120
1%
$48,500
—
2020
$2,099
—
$48,500
—
2019
$2,099
—
$48,500
—
2018
$2,099
1%
$48,500
—
2017
$2,085
1%
$48,500
—
2016
$2,060
5%
$48,500
—
2015
$1,963
1%
$48,500
—
2014
$1,939
—
$48,500
—
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 127 S 3rd St
127 S 3rd Street, Reading, PA 19602 (MLS# PABK2038302) is a Apartment property. 127 S 3rd Street is currently listed for $349,900 and was received on January 03, 2024. This property is listed by Nehemiah Lindo from our Wyomissing Office.Want to learn more about 127 S 3rd 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.