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442 Cherry Street, Reading, PA 19611
$500,000
442 Cherry Street, Reading, PA 19611View this property at 442 Cherry Street, Reading, PA 19611
442 Cherry StreetReadingPA19611
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Property Description
Get into business in the thriving West Reading area. This laundromat has been completely upgraded with over 250k of new equipment, HVAC, new macadam, electric, vending, TV, change machine...everything. Since rehab the business has been steadily increasing monthly and offers a very good return for the new owner. This area has been booming with all the investment in the area and offers a sound investment in the area.
Full Property Details
Full Property Details for 442 Cherry St
General
- Price: $500,000
- Taxes: $1,306 (2023)
- Status: Active
- Type: Retail
- MLS ID: PABK2036450
- Updated: 3/5/2024
- Added to Site: 184 day(s) ago
Business
- Business Type: Other/General Retail
Parking
- Total Spaces: 2
- Parking Type: Parking Lot
Location
- Area: West Reading Boro (10293)
- Municipality: WEST READING BORO
- County: Berks
- Driving Directions: Just off 5th St in West Reading
Heating & Cooling
- Central air: Yes
- Cooling Type: Central A/C
- Heating Type: Forced Air
- Heating Fuel: Natural Gas
- Water Heater: Natural Gas
Utilities
- Sewer: Public Sewer
- Water: Public
Structural Information
- Construction: Brick, Frame
- Stories/Levels: 0
- Year Built: 1900
- Year Built Source: Estimated
Unit Information
- # Tenants: Single
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: RP
Financial Considerations
- Price Per Sq. Ft.: $454.55
- Assessment Year: 2023
- School Tax: $1,035
- City/TownTax: $37
- City/TownTax Freq: Annually
- County Tax: $234
- County Tax Freq: Annually
- Tax w/Assessment: $30,600
- Tax Amount: $1,306
- Tax Year: 2023
Disclosures and Reports
- Buyer’s Brokerage Compensation: 2.5%
- Ownership: Fee Simple
- Lot Number: 4903
Listed by RE/MAX Of Reading, Tod Slabik
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Schools
Schools serving 442 Cherry 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 | 0.2 mi | |
801 N 13th St, Reading, PA 19604 | 10-12 | 1.3 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 442 Cherry St
Date
Details
Price
Change
Source
10/29/2023
Listed
$500,000
400%
MLS
6/08/2022
Sold
$100,000
—
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 442 Cherry St
Year
Property Taxes
Change
Tax Assessment
Change
2023
$1,123
-28%
$30,600
—
2022
$1,570
2%
$30,600
—
2021
$1,543
3%
$30,600
—
2020
$1,498
2%
$30,600
—
2019
$1,466
3%
$30,600
—
2018
$1,425
2%
$30,600
—
2017
$1,393
2%
$30,600
—
2016
$1,370
2%
$30,600
—
2015
$1,345
1%
$30,600
—
2014
$1,332
—
$30,600
—
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 442 Cherry St
442 Cherry Street, Reading, PA 19611 (MLS# PABK2036450) is a Retail property. 442 Cherry Street is currently listed for $500,000 and was received on October 29, 2023. Want to learn more about 442 Cherry Street? Do you have questions about finding other Retail real estate for sale in Reading? You can browse all Reading real estate or contact a Coldwell Banker agent to request more information.