**Multiple Offers Received. Highest & Best Deadline 12PM (End of Day) Friday July 7th** Here is a great opportunity to own a well maintained 2 unit property in the City of Reading. Owners have owned the property for a very long time and have not increased monthly rent amounts. Market Rent for the first floor 2 bedroom is $1,100/month and $1,000/month for the 2nd level 2 bedroom apartment with owner paying all utilities. The cap rate is 10% based on market rents stated above.
Sold for $153,000 on 07/26/23
$153,000
128 W Spring St, Reading, PA 19601
4beds
3baths
2,196sqft
Townhouse
Built in 1900
-- sqft lot
$-- Zestimate®
$70/sqft
$1,655 Estimated rent
Home value
Not available
Estimated sales range
Not available
$1,655/mo
Zestimate® history
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Owner options
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What's special
Zillow last checked: 8 hours ago
Listing updated: July 27, 2023 at 09:44am
Listed by:
Chris Marrella 609-442-9946,
Keller Williams Platinum Realty - Wyomissing,
Listing Team: The Michele Mccartney Team
Bought with:
Vielka Ynirio, RS306212
Iron Valley Real Estate of Berks
Source: Bright MLS,MLS#: PABK2031992
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 3
Basement
- Area: 0
Heating
- Radiator, Natural Gas
Cooling
- Wall Unit(s), Electric
Appliances
- Included: Gas Water Heater
Features
- Ceiling Fan(s)
- Basement: Full
- Has fireplace: No
Interior area
- Total structure area: 2,196
- Total interior livable area: 2,196 sqft
Property
Parking
- Parking features: On Street
- Has uncovered spaces: Yes
Accessibility
- Accessibility features: None
Features
- Patio & porch: Porch
- Exterior features: Sidewalks
- Pool features: None
Lot
- Size: 1,742 sqft
Details
- Additional structures: Above Grade, Below Grade
- Parcel number: 15530749553693
- Zoning: RES
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Architectural style: Traditional
- Property subtype: Townhouse
Materials
- Brick
- Foundation: Concrete Perimeter
Condition
- New construction: No
- Year built: 1900
Utilities & green energy
- Electric: 100 Amp Service
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Cable Connected
Community & neighborhood
Location
- Region: Reading
- Subdivision: None Available
- Municipality: READING CITY
Other
Other facts
- Listing agreement: Exclusive Right To Sell
- Income includes: Apartment Rentals
- Ownership: Fee Simple
Price history
| Date | Event | Price |
|---|---|---|
| 7/26/2023 | Sold | $153,000+27.6%$70/sqft |
Source:  Bright MLS #PABK2031992 | ||
| 7/11/2023 | Pending sale | $119,900$55/sqft |
Source: Bright MLS #PABK2031992 | ||
| 7/8/2023 | Listing removed | $119,900$55/sqft |
Source: Bright MLS #PABK2031992 | ||
| 7/5/2023 | Listed for sale | $119,900$55/sqft |
Source: Bright MLS #PABK2031992 | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $2,474 +1.5% | $54,900 |
| 2024 | $2,438 +1.6% | $54,900 |
| 2023 | $2,400 | $54,900 |
Find assessor info on the county website
Neighborhood: 19601
Nearby schools
GreatSchools rating
- 5/10Northwest Middle SchoolGrades: 5-8Distance: 0.1 mi
- 2/10Reading Senior High SchoolGrades: 9-12Distance: 1.4 mi
- 3/10Riverside El SchoolGrades: PK-4Distance: 0.5 mi
Schools provided by the listing agent
- High: Reading Senior
- District: Reading
Source: Bright MLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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