800 North 5th Street
800 North 5th Street
$560,000
6
5
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Listed By Compass
Description
Incredible turnkey investment opportunity in the Centre Park Historic District! This fully rented and restored 5-unit apartment building gives an instant return! Walking up to the building a covered front porch leads to a foyer with mailboxes. From there, you’ll find the main lobby with a large sitting area, two utility closets, and a half bathroom. The foyer and lobby have been renovated. New carpet and new light fixtures have been installed and the original millwork adds charm. The basement has...Incredible turnkey investment opportunity in the Centre Park Historic District! This fully rented and restored 5-unit apartment building gives an instant return! Walking up to the building a covered front porch leads to a foyer with mailboxes. From there, you’ll find the main lobby with a large sitting area, two utility closets, and a half bathroom. The foyer and lobby have been renovated. New carpet and new light fixtures have been installed and the original millwork adds charm. The basement has ample storage space, 2 sets of coin-operated washers and dryers are available for the tenants convenience. The garage roof and eaves were restored in 2017. The exterior brick and trim were also restored in 2017. All units have separate electric meters that were installed in 2018. A new roof was added in 2019. Starting on the first floor: Apartment (1) Private side entrance, 2-bedroom, 1-bath with its own separate high-efficiency HVAC system including central air. Apartment (5) Private corner entrance to a modern studio. Second floor: Apartment (2) Updated 1 bedroom, 1 bath, Apartment (4) - bedroom, 1-bath with updated flooring and toilet. Third Floor: Apartment (3) 3-bedroom, 1-bath. A large 2-car tandem side entry garage with a 1-car driveway, which is currently rented out. This building has been well maintained and is ready for it's new caretaker.
Listing Agent
Property Details for 800 North 5th Street
Tax ID Number
14-5307-59-74-7760
OwnershipFee Simple
Structure TypeDetached
StyleColonial
WaterfrontNo
GarageYes
Expected On Market Date05-01-2024
SubdivisionCENTRE PARK HISTOR
Location
LISTING UPDATED: 05/29/2024 03:09 PM
Property Details for 800 North 5th Street
Status | Active |
---|---|
MLS # | PABK2042566 |
Days on Market | 34 |
Taxes | $6,321 / year |
HOA Fees | - |
Condo/Co-op Fees | - |
Compass Type | Multi Family |
MLS Type | Multi-Family / Fee Simple |
Year Built | 1900 |
Lot Size | 0.16 AC / 6,969 SF |
County | Berks County |
Location
Building Information for 800 North 5th Street
Stories-Residences4Year Built1900Building Size-Lot Size0.16 AC / 6,969 SF
Payment Calculator
$3,583 per month
The Payment Calculator is for illustrative purposes only.
Property Information for 800 North 5th Street
Property History for 800 North 5th Street
Date | Event & Source | Price | Appreciation |
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Date | Event & Source | Price |
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For completeness, Compass often displays two records for one sale: the MLS record and the public record.
Public Records for 800 North 5th Street
Taxable ValueLand$59,500Additions$85,100Total$144,600
Tax Record2024$3,828 ($319 / month)
Home Facts
Total Finished SqFt7,536 SqFtAbove Grade Finished SqFt7,536 SqFtStories3Lot Size6,970 SqFtStyleOffice BuildingYear Built1915CountyBERKSAPN5307-59-74-7760
Schools near 800 North 5th Street
This home is within Reading School District.
Rating | School | Type | Grades | Distance |
---|---|---|---|---|
Public - | PK to 4 | |||
Public - | 5 to 8 | |||
Public - | 9 to 12 | |||
Public - | 6 to 7 |
Rating | School | Distance |
---|---|---|
Riverside El School PublicPK to 4 | ||
Central Middle School Public5 to 8 | ||
Reading Senior High School Public9 to 12 | ||
Southwest Middle School Public6 to 7 |
School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.
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