Reading, PA 19602,318 PINE ST
Reading, PA 19602,318 PINE ST
2
$50,000
$69,900
28.5%
Est.Price: ?

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6 BD
1 BA
1,897 SqFt

318 PINE ST Reading, PA 19602

Est. payment /mo
SOLD DATE : 12/14/2018

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Key Details

Sold Price $50,000

Property Type Townhouse

Sub Type Interior Row/Townhouse

Listing Status Sold

Purchase Type For Sale

Square Footage 1,897 sqft

Price per Sqft $26

Subdivision City Of Reading

MLS Listing ID 1009914284

Sold Date 12/14/18

Style Traditional

Bedrooms 6

Full Baths 1

HOA Y/N N

Abv Grd Liv Area 1,897

Originating Board TREND

Year Built 1900

Annual Tax Amount $805

Tax Year 2018

Lot Size 1,307 Sqft

Acres 0.03

Lot Dimensions .

Property Description

Don't miss out on this opportunity! Investors Welcome! 5 bedroom 2 full bathroom home! Walking into this home you will notice the smell of fresh paint, hardwood and tile floors. Walking up the stairs onto the front porch and into the home the first thing you will see is the spacious living room that is open to the formal dining room. Beyond the dining room is the first floor full bath and the kitchen. Continuing up the staircase onto the second floor has 3 full private bedrooms and another full bathroom. Two more nicely sized bedrooms are on the third floor. Additionally, there is a large unfinished basement that would be great for storage! Another plus of this home is a carport for the off-street parking in the back. This home current has oil heat but seller is willing to convert to a gas heating system. This is a must see!!! Please also note the seller is willing to sell 318 Pine St (6 Bed 1 Bath), 320 Pine St ( 5 Bed 2 Bath) and 340 Pine St (6 Bed 2 Bath) all single family homes. Buy 2 homes and get the 3rd home at half price. All three homes for ($175,000) homes rent for $1,000 per month each, $36,000/year rental income, Landlord only pays taxes ($805, $1259, $1575= $3639) and home owners insurance ($1,950) Net income of $30,411/year. Tenants pay all utilities. 17% Cap Rate ? WOW!!!

Location

State PA

County Berks

Area Reading City (10201)

Zoning RES

Rooms

Other Rooms Living Room, Dining Room, Primary Bedroom, Bedroom 2, Bedroom 3, Kitchen, Bedroom 1, Other, Attic

Basement Full, Unfinished

Main Level Bedrooms 1

Interior

Interior Features Ceiling Fan(s)

Hot Water Electric

Heating Gas, Hot Water, Radiator

Cooling None

Flooring Wood, Vinyl

Fireplace N

Window Features Energy Efficient,Replacement

Heat Source Natural Gas

Laundry Basement

Exterior

Exterior Feature Porch(es)

Fence Other

Utilities Available Cable TV

Waterfront N

Water Access N

Roof Type Flat,Pitched,Shingle

Accessibility None

Porch Porch(es)

Parking Type None

Garage N

Building

Lot Description Level, Open, Rear Yard

Story 3+

Foundation Stone

Sewer Public Sewer

Water Public

Architectural Style Traditional

Level or Stories 3+

Additional Building Above Grade

Structure Type 9'+ Ceilings

New Construction N

Schools

High Schools Reading Senior

School District Reading

Others

Senior Community No

Tax ID 01-5306-34-67-9920

Ownership Fee Simple

SqFt Source Assessor

Acceptable Financing Conventional, VA, FHA 203(b)

Listing Terms Conventional, VA, FHA 203(b)

Financing Conventional,VA,FHA 203(b)

Special Listing Condition Standard

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Bright MLS (BMLS)
Listed by Clarence E Levan • United Real Estate Strive 212
Bought with Glen W Russell • EXP Realty, LLC

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Matthew Curcio

Broker Associate | License ID: 0121845

+1(856) 207-7592

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