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312 Lancaster Avenue

READING, PA 19611
  • $560,000
  • STATUS: Closed
  • ON SITE: 109 Days
  • ID#: PABK2030626
Sold - 06/30/2023
$560,000
SOLD - 06/30/2023
  • 0
    BEDS
  • 0.24
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 8,905
    SQFT
  • $63
    $/SQFT
Neighborhood:
Type:
Multi-Family
Built:
1900
County:

School Ratings & Info

School District:

Description

6 unit apartment building including 3 efficiency apartments, 2 one bedroom apartments and 1 two/three bedroom apartment. There is also a dental office with 6 dental exam rooms, lab, waiting room, conference room and private offices all on the first floor. The dental office is handicap accessible with level entry into the building, ADA compliant hallways and bathroom facilities. Current rental income from the apartments is $38,000 yearly. Yearly income from the dental office is $24,000 (estimated) Expenses:Insurance $5,092, Electric $5,156 Gas $1,547 Water/Sewer $5,227 Trash $5,735.

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©2023 Bright MLS, All Rights Reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale may no longer be available because they are for instance, under contract, sold, or are no longer being offered for sale. Information is deemed reliable but is not guaranteed accurate by the MLS or LoCoMusings | Century 21 Redwood Realty. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. Data last updated: 2023-09-22T23:56:52.78.
www.locomusings.com/homes/140205812
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312 Lancaster Avenue READING, PA 19611

  • Price: $549,900
  • Status: Closed
  • On Site: 109 Days
  • Updated: 86 min ago
  • ID#: PABK2030626
0
Beds
0
Baths
0
½ Baths
0.24
Acres
8,905
SQFT
$63
$/SQFT
1900
Built
Neighborhood:
Reading City (10201)
County:
Berks
Area:
Reading City (10201)
School District:
Reading
Property Description
6 unit apartment building including 3 efficiency apartments, 2 one bedroom apartments and 1 two/three bedroom apartment. There is also a dental office with 6 dental exam rooms, lab, waiting room, conference room and private offices all on the first floor. The dental office is handicap accessible with level entry into the building, ADA compliant hallways and bathroom facilities. Current rental income from the apartments is $38,000 yearly. Yearly income from the dental office is $24,000 (estimated) Expenses:Insurance $5,092, Electric $5,156 Gas $1,547 Water/Sewer $5,227 Trash $5,735.
Exterior Features

Architectural Style Victorian Construction Materials BrickAluminum Siding Exterior Features Fire Escape Garage YN No Parking Types Parking Lot Pool No Pool Property Condition Good Riparian Rights YN No Roof FlatPitchedShingle Water Access YN No Water Oriented YN No Water View YN No Waterfront YN No

Interior Features

Above Grade Fin SQFT 7405 Basement FullInterior AccessOutside EntrancePartially FinishedPoured ConcreteImprovedHeatedConnecting Stairway Basement YN Yes Below Grade Finished Area 1500 Below Grade Unfinished Area 0 Cooling Wall UnitCentral A/C Fireplaces Total 0 Heating 90% Forced AirBaseboard - ElectricBaseboard - Hot Water Heating YN Yes Security Features 24 Hour Security Single Room Units 3 Three Bedroom Units 1 Two Bedroom Units 1

Property Features

Accessibility Features 36"+ Wide Halls Assessment Year 2023 Buyer Financing Cash Central Air YN Yes Close Sale Terms Standard Sale Cooling Fuel Electric Electric 200+ Amp Service Electric Average Monthly 430 Electric Last12 Months 5156.27 Foundation Details Concrete Perimeter Heating Fuel ElectricNatural Gas Hot Water Natural GasElectric Municipality Reading City Navigable Water YN N New Construction YN No Number Of Units Total 1 Original MLSNumber 802377512950 Ownership Interest Fee Simple Possession 0-30 Days CdSubject To Existing Lease Property Sub Type Other Sale Type Standard Sewer Public Sewer Structure Design Type Detached Tax Annual Amount 13154.00 Tax Assessment Amount 300900.00 Tax Lot 2049 Vacation Rental YN No Water Average Monthly 436 Water Last12 Months 5227.00 Water Source Public Zoning C-H Commercial Highway Di

Listing courtesy of Re/Max Of Reading: .


©2023 Bright MLS, All Rights Reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale may no longer be available because they are for instance, under contract, sold, or are no longer being offered for sale. Information is deemed reliable but is not guaranteed accurate by the MLS or LoCoMusings | Century 21 Redwood Realty. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. Data last updated: 2023-09-22T23:56:52.78.
 
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