Reading, PA 19602,422 FRANKLIN ST
Reading, PA 19602,422 FRANKLIN ST
Reading, PA 19602,422 FRANKLIN ST
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$299,900
Est. payment /mo
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6,500 SqFt
Price Dropped by $10K

422 FRANKLIN ST Reading, PA 19602

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UPDATED:

10/30/2024 03:34 PM

Key Details

Property Type Multi-Family

Sub Type Detached

Listing Status Active

Purchase Type For Sale

Square Footage 6,500 sqft

Price per Sqft $46

MLS Listing ID PABK2048802

Style Other

Abv Grd Liv Area 6,500

Originating Board BRIGHT

Year Built 1880

Annual Tax Amount $3,175

Tax Year 2024

Lot Size 1,742 Sqft

Acres 0.04

Lot Dimensions 0.00 x 0.00

Property Description

Welcome to 422 Franklin St, a spacious and versatile multi-family home located in a prime area directly behind Reading Public Library, offering excellent potential for residential use and adaptability. The property spans 6,500 square feet, providing ample space for various possibilities.

The first-floor unit, previously rented at $1,200 per month, features a full kitchen, two bedrooms, and two full bathrooms. The layout offers flexibility, making it ideal for tenants or potential conversion into other uses.

The second floor offers a full kitchen, four bedrooms, and one bathroom, providing ample living space for families or multiple occupants. It could also be adapted to mixed-use as needed based on approval by the City of Reading.

The full basement offers plenty of space for storage.

The building is located directly across the street from the public parking lot and is in move-in condition, ready for new tenants.

Both floors have separate electric and gas meters, making the property convenient for multiple tenants. The first-floor unit benefits from forced air heating and air conditioning, while the second-floor unit operates with a boiler heating system, allowing for independent utility control.

This property is ideal for multi-family living or other adaptive uses. The property is currently zoned Residential, it is the buyer’s responsibility to verify with local zoning authorities that their intended use complies with current zoning regulations.

An agent is related to the owners.

Location

State PA

County Berks

Area Reading City (10201)

Zoning COM

Rooms

Basement Full

Interior

Interior Features Kitchen - Eat-In

Hot Water Natural Gas

Heating Forced Air, Radiator

Cooling Central A/C

Fireplace N

Heat Source Natural Gas

Exterior

Waterfront N

Water Access N

Accessibility None

Parking Type None

Garage N

Building

Foundation Concrete Perimeter

Sewer Public Sewer

Water Public

Architectural Style Other

Additional Building Above Grade, Below Grade

New Construction N

Schools

High Schools Reading

School District Reading

Others

Tax ID 04-5306-27-79-5543

Ownership Fee Simple

SqFt Source Assessor

Acceptable Financing Conventional

Listing Terms Conventional

Financing Conventional

Special Listing Condition Standard


Bright MLS (BMLS)
Listed by Cheryl Arroyo • Iron Valley Real Estate of Berks

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Gary Pallay

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422 FRANKLIN ST