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$345,000
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Property Description
Welcome investors to this FULLY OCCUPIED 4-unit property grossing $3,475 a month! It has been well-maintained with upgrades throughout! Unit 1 is VERY spacious and consist of 3bd 1.5ba, the remaining three units are efficiencies with one bathroom each. Each unit is electric heat and separately metered. Off street parking in the back. Whether you're looking to expand your real estate portfolio or embark on a new investment journey, this property offers endless potential. Don't miss out on this remarkable multi-family property in the heart of the Callowhill Historic District.
Full Property Details
Full Property Details for 402 N 5th St
General
- Sold For: $345,000
- Taxes: $2,426 (2022)
- Status: Closed
- Type: Multi-Family
- Source: BrightMLSPhilly
- MLS ID: PABK2044302
- Added to Site: 717 day(s) ago
Parking
- Total Spaces: 3
- Parking Type: Off Street
Location
- Area: Reading City (10201)
- Municipality: READING CITY
- County: Berks
- Driving Directions: on the corner of n 5th st and buttonwood
School Information
- School District: Reading
Heating & Cooling
- Cooling Type: None
- Heating Type: Baseboard - Electric
- Heating Fuel: Electric
- Water Heater: Electric
Utilities
- Sewer: Public Sewer
- Water: Public
- Utility Description: Electric Available, Water Available
Structural Information
- Architectural Info: Converted Dwelling
- Architectural Style: Converted Dwelling
- Structure Type: Interior Row/Townhouse
- Construction: Brick
- Foundation: Brick/Mortar
- Stories/Levels: 3
- Square Feet: 3,049
- Sq. Ft. Source: Assessor
- Living Area: 3,049 Sq. Ft.
- Finished Above Grnd: 3,049 Sq. Ft.
- Year Built: 1900
- Year Built Source: Assessor
- Property Condition: Good
Unit Information
- 3 Bedroom Units: 1
Lot Features
- Lot Size (Acres): 0.05
- Lot Size (Sq. Ft.): 2,178
- Lot Size Source: Assessor
- Lot Dimensions: 0.00 x 0.00
- Zoning: MULTI
Financial Considerations
- Price Per Sq. Ft.: $113.15
- Assessment Year: 2023
- School Tax: $995
- City/TownTax: $1,006
- City/TownTax Freq: Annually
- County Tax: $425
- County Tax Freq: Annually
- Tax w/Assessment: $55,500
- Tax Amount: $2,426
- Tax Year: 2022
- Terms: Standard Sale
- Owner Pays: Common Area Maintenance, Insurance, Management, Sewer, Taxes - Real Estate, Trash Collection, Water
- Landlord Pays: Common Area Maintenance, Insurance, Management, Sewer, Taxes - Real Estate, Trash Collection, Water
- Tax Total Finished Sq. Ft.: 3049
Disclosures and Reports
- Ownership: Fee Simple
- Inclusions: all appliances
- Lot Number: 7543
Listed by Iron Valley Real Estate of Berks, Jose Ramon Acosta Jr.
Sold by Daryl Tillman Realty Group, Parul Khanna
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Schools
Schools serving 402 N 5th St
School District:Reading School District
| Name | Grades | Distance |
|---|---|---|
Lauers Park El School 251 North 2nd Street, Reading, PA 19601 | PK-4 | 0.3 mi |
Southwest Ms 300 Chestnut Street, Reading, PA 19602 | 5-8 | 0.7 mi |
Reading Senior High School 801 North 13th Street, Reading, PA 19604 | 9-12 | 1 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 402 N 5th St
Date
Details
Price
Change
Source
7/31/2024
Sold
$345,000
—
MLS
6/10/2024
Listed
$345,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
402 N 5th Street, Reading, PA 19601 (MLS# PABK2044302) is a Multi-Family property that was sold at $345,000 on July 31, 2024. Want to learn more about 402 N 5th Street? Do you have questions about finding other Multi-Family real estate for sale in Reading? You can browse all Reading real estate or contact a Coldwell Banker agent to request more information.

