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$375,000
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Property Description
Fully renovated, Huge 3 units apartment bldg , apt #1 first floor 3 bd ($ 1500 ) , apt # 2 second floor 4 bd ($1600 ), apt # 3 second floor 3 bd ( $ 1500 ). Cash Cow tenants pay own gas heat and hot water, owners pay only taxes , insurance , water and trash. Total income $55.000 Total expenses $ 7.000 WOW 14 % cap rate. Tremendous opportunity for investors . owner occupied could live virtually free in a large unit with income from the other two units. contact listing broker, serious inquiries with POF.
Full Property Details
Full Property Details for 408 S 9th St
General
- Sold For: $375,000
- Taxes: $2,229 (2024)
- Status: Closed
- Type: Triplex
- Source: BrightMLSPhilly
- MLS ID: PABK2045324
- Added to Site: 543 day(s) ago
Interior
- Interior Features: Other
Parking
- Parking Type: On Street
Location
- Area: Reading City (10201)
- Municipality: READING CITY
- County: Berks
- Driving Directions: south 9th St
School Information
- School District: Reading
- Elementary School: Amanda E. Stout
- Middle School: Southern
Heating & Cooling
- Cooling Type: None
- Heating Type: Forced Air
- Heating Fuel: Natural Gas Available
- Water Heater: Natural Gas
Utilities
- Sewer: Public Sewer
- Water: Public
- Utility Description: Water Available, Sewer Available, Natural Gas Available, Electric Available
Structural Information
- Architectural Info: Other
- Architectural Style: Other
- Structure Type: Twin/Semi-Detached
- Construction: Brick
- Basement: Yes
- Basement Desc.: Poured Concrete
- Foundation: Concrete Perimeter
- Stories/Levels: 0
- Square Feet: 3,216
- Sq. Ft. Source: Assessor
- Living Area: 3,216 Sq. Ft.
- Finished Above Grnd: 3,216 Sq. Ft.
- Year Built: 1889
- Year Built Source: Assessor
- Property Condition: Excellent
Unit Information
- 3 Bedroom Units: 2
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: R
Financial Considerations
- Price Per Sq. Ft.: $116.6
- Assessment Year: 2024
- School Tax: $900
- City/TownTax: $910
- City/TownTax Freq: Annually
- County Tax: $419
- County Tax Freq: Annually
- Tax w/Assessment: $50,200
- Tax Amount: $2,229
- Tax Year: 2024
- Terms: Standard Sale
- Tax Total Finished Sq. Ft.: 3216
Disclosures and Reports
- Ownership: Fee Simple
- Lot Number: 9049
Listed by Reading Realty Group, Reading Realty Group
Sold by Bright MLS, Unrepresented Buyer
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Schools
Schools serving 408 S 9th St
School District:Reading School District
| Name | Grades | Distance |
|---|---|---|
Amanda E Stout Elementary School 321 South 10th Street, Reading, PA 19602 | PK-4 | 0.2 mi |
Southern Middle School, Reading, PA 931 Chestnut Street, Reading, PA 19602 | 5-8 | 0.2 mi |
Reading Senior High School 801 North 13th Street, Reading, PA 19604 | 9-12 | 1.3 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 408 S 9th St
Date
Details
Price
Change
Source
10/11/2024
Sold
$375,000
—
MLS
8/26/2024
Listed
$375,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
408 S 9th Street, Reading, PA 19602 (MLS# PABK2045324) is a Triplex property that was sold at $375,000 on October 11, 2024. Want to learn more about 408 S 9th Street? Do you have questions about finding other Triplex real estate for sale in Reading? You can browse all Reading real estate or contact a Coldwell Banker agent to request more information.

