PA > Reading > Centre Park Histor
Reading, PA 19601,800 N 5TH ST
Reading, PA 19601,800 N 5TH ST
Reading, PA 19601,800 N 5TH ST
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$560,000
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6,969 Sqft Lot
Pending

800 N 5TH ST Reading, PA 19601

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Gary Pallay

Gary Pallay

+1(908) 698-1053

UPDATED:

08/29/2024 07:37 PM

Key Details

Property Type Multi-Family

Sub Type Detached

Listing Status Pending

Purchase Type For Sale

Subdivision Centre Park Histor

MLS Listing ID PABK2042566

Style Colonial

Originating Board BRIGHT

Year Built 1900

Annual Tax Amount $6,421

Tax Year 2024

Lot Size 6,969 Sqft

Acres 0.16

Lot Dimensions 0.00 x 0.00

Property Description

Incredible turnkey investment opportunity in the Centre Park Historic District! This fully rented and restored 5-unit apartment building gives an instant return! Walking up to the building a covered front porch leads to a foyer with mailboxes. From there, you’ll find the main lobby with a large sitting area, two utility closets, and a half bathroom. The foyer and lobby have been renovated. New carpet and new light fixtures have been installed and the original millwork adds charm. The basement has ample storage space, 2 sets of coin-operated washers and dryers are available for the tenants convenience. The garage roof and eaves were restored in 2017. The exterior brick and trim were also restored in 2017. All units have separate electric meters that were installed in 2018. A new roof was added in 2019. Starting on the first floor: Apartment (1) Private side entrance, 2-bedroom, 1-bath with its own separate high-efficiency HVAC system including central air. Apartment (5) Private corner entrance to a modern studio. Second floor: Apartment (2) Updated 1 bedroom, 1 bath, Apartment (4) - bedroom, 1-bath with updated flooring and toilet. Third Floor: Apartment (3) 3-bedroom, 1-bath. A large 2-car tandem side entry garage with a 1-car driveway, which is currently rented out. This building has been well maintained and is ready for it's new caretaker.

Location

State PA

County Berks

Area Reading City (10201)

Zoning COMMERCIAL

Rooms

Basement Full

Interior

Hot Water Electric

Heating Radiator, Steam

Cooling Central A/C, Window Unit(s)

Flooring Partially Carpeted, Hardwood

Inclusions One refrigerator and one stove per dwelling unit. Two washers and two dryers in basement. As-is condition.

Fireplace N

Window Features Wood Frame

Heat Source Natural Gas

Exterior

Garage Garage - Side Entry

Garage Spaces 3.0

Utilities Available Natural Gas Available

Waterfront N

Water Access N

Roof Type Rubber

Accessibility None

Parking Type On Street, Attached Garage, Driveway

Attached Garage 2

Total Parking Spaces 3

Garage Y

Building

Foundation Permanent

Sewer Public Sewer

Water Public

Architectural Style Colonial

Additional Building Above Grade, Below Grade

Structure Type High,Plaster Walls

New Construction N

Schools

School District Reading

Others

Tax ID 14-5307-59-74-7760

Ownership Fee Simple

SqFt Source Assessor

Security Features Main Entrance Lock

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Financing Cash,Conventional

Special Listing Condition Standard

Bright MLS (BMLS)
Listed by Marisa Aikman • Compass RE

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Gary Pallay

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+1(908) 698-1053

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800 N 5TH ST