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1023 Chestnut St, Reading, PA 19602

Studio, 2,532 sqft
For Sale
$55,000
Zestimate®: $74,104
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A Zestimate® home valuation is Zillow's estimated market value. It is not an appraisal. Use it as a starting point to determine a home's value. Learn more

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My Notes
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Excellent cash flow, Tenants pay their own electric and gas. This nice 3 unit apartment will be a great investment. Oil heater installed in 2008. Don't miss your chance to make to have positive cash flow
Facts
  • Lot: 1,742 sqft
  • Multi Family
  • Built in 1905
  • 89 days on Zillow
  • Cooling: None
  • Heating: Forced air
  • Last sold: Jul 2005 for $81,000
  • Price/sqft: $22
  • MLS #: 6402159
Features
  • Flooring: Laminate, Linoleum / Vinyl
  • Parking: 0 space
Construction
  • Exterior material: Brick
  • Roof type: Other
  • Room count: 15
  • # Stories: 3.0
  • Structure type: Other
  • Unit count: 3
Other
  • Floor size: 2,532 sqft
  • Heating: Oil
  • Parcel #: 03531621097183
  • Zillow Home ID: 8831167
Home Values
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A Zestimate home valuation is Zillow's estimated market value. It is not an appraisal. Use it as a starting point to determine a home's value. Learn more

The Value Range is the high and low estimate market value for which Zillow values a home. The more information, the smaller the range, and the more accurate the Zestimate. See data coverage and accuracy table

Don't agree with your home's Zestimate? Owners can edit their home facts to make the Zestimate more accurate. Plus, you can leave an opinion on your Zestimate value below. Just click "Owner Estimate".
$74,104
-$13,663 Last 30 daysd
$56K
$90K
Zestimate range
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A Rent Zestimate is Zillow's estimated monthly rental price, computed using a proprietary formula. It is a starting point in determining the monthly rental price for a specific property. Learn more

The Rent Range is the high and low estimate for which an apartment or home could rent. The more information we have, the smaller the range, and the more accurate the Rent Zestimate. See data coverage and accuracy table
$746/mo
-$44 Last 30 daysd
$567
$985
Zestimate range

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Neighborhood for 1023 Chestnut Street

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Zillow predicts 19602 home values will rise 5.4% next year, compared to a 2.2% rise for Reading as a whole. Among 19602 homes, this home is 0.2% more expensive than the midpoint (median) home, but is priced 43.2% less per square foot.

Foreclosures will be a factor impacting home values in the next several years. In the 19602 market, the number of foreclosures waiting to be sold fell 13.8% in the last year. The number of unsold foreclosures is 73.3% less than in Reading, and 64.2% less than the national average. This lower local number could help 19602 home values rise more quickly than other regions in Reading.

Learn more about forecast calculations or 19602 home values.
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