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2317 LINCOLN AVE Reading, PA 19609
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Key Details
Sold Price $345,000
Property Type Multi-Family
Sub Type Detached
Listing Status Sold
Purchase Type For Sale
Square Footage 2,150 sqft
Price per Sqft $160
Subdivision West Lawn
MLS Listing ID PABK2050258
Sold Date 12/10/24
Style Dwelling with Rental,Contemporary,Ranch/Rambler
Abv Grd Liv Area 2,150
Originating Board BRIGHT
Year Built 1955
Annual Tax Amount $5,580
Tax Year 2004
Lot Size 5,227 Sqft
Acres 0.12
Property Description
Remarkable Investment Property in Wilson Schools with 2 single family ranch homes on one deed with fenced in yard back to alley. Complete remodels on both in 2018-2019. Newer Gas Furnaces in both with central air. Baseboard electric in one of the finished attics. All appliances remain as well as washer/dryer in each unit. Front rancher is 3 bedrooms and should rent for at least $1,900 per month and tenants will be leaving 1/30/25 and have only been paying $1,160 per month. Back unit is 2 bedrooms with possibility of 2 more in finished attic with electric baseboard in attic. Just cleaned up from past tenants and now will remain vacant for new buyers or investors which should easily rent for $1,400 per month. Immediate Possession for back unit and rental income till end of January for front unit. Quick Possession Possible!
Location
State PA
County Berks
Area Spring Twp (10280)
Zoning RES
Rooms
Basement Full, Unfinished, Outside Entrance, Heated, Side Entrance, Sump Pump
Interior
Interior Features Ceiling Fan(s), Window Treatments, 2nd Kitchen, Bathroom - Tub Shower, Carpet, Floor Plan - Traditional, Kitchen - Eat-In
Hot Water Natural Gas
Heating Forced Air, Baseboard - Electric
Cooling Central A/C
Flooring Fully Carpeted, Vinyl, Tile/Brick
Equipment Dryer - Electric, Oven/Range - Electric, Refrigerator, Washer, Water Heater, Dishwasher
Fireplace N
Window Features Replacement
Appliance Dryer - Electric, Oven/Range - Electric, Refrigerator, Washer, Water Heater, Dishwasher
Heat Source Natural Gas
Exterior
Exterior Feature Deck(s), Patio(s), Porch(es)
Garage Spaces 6.0
Utilities Available Cable TV Available
Water Access N
View Garden/Lawn, Street
Roof Type Shingle
Accessibility None
Porch Deck(s), Patio(s), Porch(es)
Total Parking Spaces 6
Garage N
Building
Lot Description Cleared, Front Yard, Landscaping, Level, Open, Rear Yard, SideYard(s)
Foundation Concrete Perimeter
Sewer Public Sewer
Water Public
Architectural Style Dwelling with Rental, Contemporary, Ranch/Rambler
Additional Building Above Grade
Structure Type Dry Wall,Paneled Walls
New Construction N
Schools
High Schools Wilson
School District Wilson
Others
Tax ID 80-4386-16-94-2580
Ownership Fee Simple
SqFt Source Estimated
Acceptable Financing Conventional, Cash, FHA, VA
Listing Terms Conventional, Cash, FHA, VA
Financing Conventional,Cash,FHA,VA
Special Listing Condition Standard
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Bought with Tanja Weller • Pagoda Realty