Reading, PA 19602,1142 FRANKLIN ST

$15,500

Est. payment /mo

$22,000

29.5%
Est.Price: ?

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1142 FRANKLIN ST Reading, PA 19602

2,091 SqFt

SOLD DATE : 05/06/2016

Key Details

Sold Price $15,500

Property Type Multi-Family

Listing Status Sold

Purchase Type For Sale

Square Footage 2,091 sqft

Price per Sqft $7

Subdivision Southern Reading

MLS Listing ID 1002752204

Sold Date 05/06/16

Style Other

HOA Y/N N

Abv Grd Liv Area 2,091

Originating Board TREND

Year Built 1890

Annual Tax Amount $1,368

Tax Year 2016

Lot Size 2,178 Sqft

Acres 0.05

Lot Dimensions 20 X 115

Property Description

**Investor/Handyman Special** Well-located 2-unit ready for you to fix up and start generating positive cash flow. Located on the periphery of the Penn's Common historic district, this spacious property provides direct access to City Park (1/2 block away), Business 422 and is a high-demand rental area. Major anticipated improvements include plumbing, electrical, and some wall and ceiling repair. Projected revenue is $1,225/month ($525 for the single on the first floor, $700 for the 2/3 flr 3-bedroom). Schedule a time to walk through and see it for yourself.

Location

State PA

County Berks

Area Reading City (10201)

Zoning RESID

Rooms

Other Rooms Primary Bedroom

Basement Full

Interior

Hot Water Electric

Heating Electric

Cooling None

Fireplace N

Heat Source Electric

Laundry Hookup

Exterior

Water Access N

Accessibility None

Garage N

Building

Sewer Public Sewer

Water Public

Architectural Style Other

Additional Building Above Grade

New Construction N

Schools

High Schools Reading Senior

School District Reading

Others

Tax ID 03-5316-22-19-4570

Ownership Fee Simple

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Bright MLS (BMLS)
Listed by Twila J Fisher • Destination Realty LLC
Bought with Gary R Johnson • Sunrise Johnson's Real Estate

Jan Crowley

License ID: 660313

+1(443) 538-4326

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