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55 Carroll Street, Reading, PA 19611

$82,500 Sale Pending

  • For Sale
  • Pending
  • Duplex
  • Updated 2 days ago
55 Carroll Street, Reading, PA 19611View this property at 55 Carroll Street, Reading, PA 19611
55 Carroll StreetReadingPA19611

Property Description

This 2 unit apartment has separate gas and electric meters and separate entrances. The first unit has a large living room and dining room and a large eat-in kitchen. Upstairs there are 2 bedrooms and one full bath. Presently this unit is vacant but had rented at $800 per month. The second unit is rented by a long-term tenant for $575 per month and has one bedroom, living room, full bath, and kitchen. The access to the 2nd unit is by the fire escape at the rear of the property. This is a good sized corner property with oil heat and plenty of parking available. In order to view the 2nd unit your appointment would have to be after 5pm weekdays or most anytime on weekends. This property brings positive cash flow, when fully rented, in
the amount of approximately $8,521 or at a 10% CAP Rate an $84,310 value.

Full Property Detailsfor 55 Carroll Street

General

  • Price: $82,500
  • Taxes: $2,799 (2017)
  • Status: Pending
  • Type: Duplex
  • MLS ID: 1000257581
  • Updated: 4/24/2018
  • Added: 279 day(s) ago

Property History

  • 55 Carroll Street, Reading, PA
  • Reduced to $82,500 on 2/8/18
  • Listed at $85,900 on 7/21/17

Business

  • Includes: Land Only

Interior

  • Flooring: Fully Carpeted

Rooms

Bedrooms

  • Master Bedroom: Unspecified

Other Rooms

  • Laundry: Washer In Unit, Dryer In Unit

Exterior

  • Exterior Features: Sidewalks, Street Lights

Parking

  • Parking Features: Street

Location

  • Area: Reading City (10201)
  • County: Berks
  • Development Name: None Available
  • Subdivision: None Available
  • Cross Streets: Fern Ave
  • Direction Faces: Southwest

School Information

  • School District: Reading
  • High School: Reading Senior

Heating & Cooling

  • Cooling Type: None
  • Heating Type: Oil, Radiator
  • Heating Fuel: Oil
  • Water Heater: Natural Gas

Utilities

  • Sewer: Public Sewer
  • Water: Public
  • Water/Sewer: 1200
  • Utility Description: Cable TV Available

Structural Information

  • Architectural Info: Other
  • Structure Type: Twin/Semi-Detached
  • Construction: Brick
  • Basement: Yes
  • Basement Entrance: Yes
  • Basement Desc.: Full, Outside Entrance, Drainage System
  • Foundation: Stone
  • Storage: Basement
  • Entry Location: Private
  • Year Built: 1925
  • Year Built Source: Estimated
  • Property Condition: Average+Prop

Unit Information

  • Other Units: Unit 1, Unit 2

Unit 1

  • Unit Description: Unit 1
  • Total Bathrooms: 1
  • Bedrooms: 2

Unit 2

  • Unit Description: Unit 2
  • Total Bathrooms: 1
  • Bedrooms: 1

Lot Features

  • Lot Size (Acres): 0.07
  • Lot Size (Sq. Ft.): 3,049
  • Lot Dimensions: IRREGULAR
  • Zoning: R-2

Financial Considerations

  • Price Per Sq. Ft.: $27.06
  • Annual Heat Cost: $1,200
  • Tax w/Assessment: $65,100
  • Tax Amount: $2,799
  • Tax Year: 2017

Disclosures and Reports

  • Ownership: Fee Simple
  • Lot: 5812

Listed by RE/MAX Of Reading, Philip N Macaronis

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Schools

Schoolsserving 55 Carroll Street

School District:Reading School District
School Name
Grades
Distance
Millmont Elementary School
400 Summit Avenue, Reading, PA 19611
0.2 mi
Southwest Middle School
300 Chestnut St, Reading, PA 19602
6-7
0.8 mi
Reading Intermediate High School
215 North 12th Street, Reading, PA 19604
8-9
1.6 mi
Reading Senior High School
801 N 13th St, Reading, PA 19604
10-12
2.3 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 55 Carroll Street

Listed by RE/MAX Of Reading, Philip N Macaronis

55 Carroll Street, Reading, PA 19611 (MLS# 1000257581) is a Duplex property with 0 bedrooms and 0 full bathrooms. 55 Carroll Street is currently listed for $82,500 and was received on July 21, 2017. Want to learn more about 55 Carroll Street? Do you have questions about finding other Duplex real estate for sale in Reading? You can browse all Reading real estate or contact a Coldwell Banker agent to request more information.