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Jennifer Grosskopf

jengrosskopf@gmail.com +1(215) 498-4010

Listed by Jose M Candelaria • RE/MAX Of Reading

$ 220,000

Est. payment -/mo

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Active

125 N 8TH ST Reading, PA 19601

1,580 SqFt

UPDATED:

Key Details

Property Type Multi-Family, Townhouse

Sub Type Interior Row/Townhouse

Listing Status Active

Purchase Type For Sale

Square Footage 1,580 sqft

Price per Sqft $139

MLS Listing ID PABK2065436

Style Colonial

Abv Grd Liv Area 1,580

Year Built 1900

Annual Tax Amount $1,659

Tax Year 2025

Lot Size 1,742 Sqft

Acres 0.04

Lot Dimensions 0.00 x 0.00

Property Sub-Type Interior Row/Townhouse

Source BRIGHT

Property Description

Downtown City of Reading middle row 2 unit building located in the C-R zoning district, currently being used as 2 fully occupied residential units but the main level is zoned commercial and not legally permitted for residential. Unit 1 - 1st fl, 3 rooms, 1 BR, liv, kit, bath, electric cooking, gas F/A heat, central air unit not working, replacement windows. rented for $750 a month on a M/M basis. Tenant pays for electric & gas heat. Unit 2 - 2nd & 3rd fl, 4 rooms, 2 BRS, liv, kit, bath, electric cooking. electric hot water for both units, gas F/A heat, replacement windows. rented for $800 a month on a M/M basis. Tenant pays for electric, electric hot water for both units, gas heat. Note: There's only ONE electric hot water heater for both units and its paid by the unit 2 tenant. Total income: 18,600. Total expenses: 6,439. NOI: 12,161. Cap Rate: 5.50%. Expenses breakdown: Taxes: 1,659. Ins: 1,500. W/S/T/R: 3,180. Permit: 100. Additional features include an asphalt shingle roof, 200 AMP main electric, 2-100 AMP breaker panels, off street parking for 2 cars. To be sold as a package deal with 129 N. 8th Street, Reading, PA 19601 - 225k. 132 Cedar Street, Reading, PA 19601 - 20k & 134 Cedar Street, Reading, PA 19601 - 20k. Total package price is $465k. This is an estate sale and is to be sold AS IS.

Location

State PA

County Berks

Area Reading City (10201)

Zoning C-R

Rooms

Basement Interior Access, Outside Entrance, Unfinished

Interior

Interior Features 2nd Kitchen, Bathroom - Tub Shower, Entry Level Bedroom

Hot Water Electric, Multi-tank

Heating Forced Air

Cooling Central A/C, Window Unit(s)

Flooring Ceramic Tile, Laminated

Inclusions 2 Range/Ovens, 2 Refrigerators

Equipment Oven/Range - Electric, Range Hood, Water Heater, Washer, Dryer - Electric

Fireplace N

Window Features Double Hung,Double Pane,Replacement

Appliance Oven/Range - Electric, Range Hood, Water Heater, Washer, Dryer - Electric

Heat Source Natural Gas

Exterior

Exterior Feature Patio(s), Porch(es), Roof

Garage Spaces 14.0

Utilities Available Above Ground

Water Access N

Roof Type Asphalt

Accessibility None

Porch Patio(s), Porch(es), Roof

Total Parking Spaces 14

Garage N

Building

Foundation Stone

Above Ground Finished SqFt 1580

Sewer Public Sewer

Water Public

Architectural Style Colonial

Additional Building Above Grade, Below Grade

New Construction N

Schools

School District Reading

Others

Tax ID 08-5307-84-91-5078

Ownership Fee Simple

SqFt Source 1580

Security Features Smoke Detector,Carbon Monoxide Detector(s)

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Financing Cash,Conventional

Special Listing Condition Probate Listing

Jennifer Grosskopf

Agent | RSRS299355

+1(215) 498-4010

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Jennifer Grosskopf

125 N 8TH ST Reading, PA 19601

Key Details

Location

Rooms

Interior

Exterior

Building

Schools

Others

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125 N 8TH ST