462 Centre Avenue

Reading, PA 19601

$314,500
Price
4
Beds
3
Baths
2,802 Sq. Ft.
$112 / Sq. Ft.
2,802
Sq. Ft.
$112
per Sq. Ft.

Description

This beautifully maintained triplex, located on a quiet street near the historic district, is an incredible opportunity for investors or those seeking rental income. The first-floor unit features a spacious living room, an eat-in kitchen, bathroom, and 2 bedrooms. The second-floor unit offers a cozy living and dining room, a kitchen, bathroom, and 1 bedroom with the potential to convert into 2 bedrooms. The third-floor unit includes a charming living room/kitchen combo, a bathroom, and 1 bedroom....This beautifully maintained triplex, located on a quiet street near the historic district, is an incredible opportunity for investors or those seeking rental income. The first-floor unit features a spacious living room, an eat-in kitchen, bathroom, and 2 bedrooms. The second-floor unit offers a cozy living and dining room, a kitchen, bathroom, and 1 bedroom with the potential to convert into 2 bedrooms. The third-floor unit includes a charming living room/kitchen combo, a bathroom, and 1 bedroom. Recently upgraded from oil to gas heat, this property also boasts ample storage, with yard space easy to maintain, and laundry hookups in the basement. Fully occupied with steady rental income, tenants pay their own electric and gas utility. This gem won’t last long—schedule your showing today!
  1. Listed by Veronica Palmer • Iron Valley Real Estate of Berks
    P: (484)-663-9476 realestateronni1@gmail.com

Property Details for 462 Centre Avenue

Tax ID Number
07-5307-67-73-6140
Ownership
Fee Simple
Structure Type
End of Row/Townhouse
Style
Side-by-Side
Waterfront
No
Garage
No
Expected On Market Date
12-09-2024
Municipality
READING CITY
LISTING UPDATED: 12/13/2024 12:23 PM

Property Details for 462 Centre Avenue

StatusActive
MLS #PABK2051696
Days on Market9
Taxes$2,305 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeMulti-Family / Fee Simple
Year Built1900
Lot Size0.05 AC / 2,178 SF
CountyBerks County

Building Information for 462 Centre Avenue

Stories-Residences3Year Built1900Building Size-Lot Size0.05 AC / 2,178 SF

Property Information for 462 Centre Avenue

Location
Location
  • School District Name: READING
  • School District County ID: 300200397169
  • SchoolDistrictSource: Listing Agent
  • County: BERKS
  • MLS Area: Reading City (10201)
Waterfront / Water Access
Waterfront / Water Access
  • Water View: No
  • Water Access: No
  • Water Oriented: No
  • Navigable Water: No
  • Tidal Water: No
  • Riparian Rights Y/N: No
Taxes and Assessment
Taxes and Assessment
  • Tax Year: 2024
  • Tax Assessed Value: $51,900
  • Year Assessed: 2024
  • County Tax: $433
  • Improvement Assessed Value: $44,700
  • City Town Tax: $941
  • Land Assessed Value: $7,200
  • Clean Green Assessed: No
  • Land Use Code: 138R
  • Historic: No
  • Zoning: RES
  • Zoning Dscrp: buyer's agent/buyer will need to verify zoning at buyer's expense
  • Tax Lot: 6140
  • School Tax: $931
  • Automatically Update Tax Values Y/N: Yes
Lease Information
Lease Information
  • Owner Pays: Trash Collection, Water, Sewer, Heat, Insurance
Unit Information
Unit Information
  • Single Room Units Count: 0
  • One Bedroom Units Count: 2
  • Two Bedroom Units Count: 1
  • Three Bedroom Units Count: 0
  • Other Units: Unit 1,Unit 2,Unit 3
  • Units Leased Count: 1
  • Number Of Units Vacant: 0
  • Rent Control: No
Multi Family
Unit 1
  • Type: Unit 1
  • Unit Type Occupied YN: Yes
  • Unit Type Lease Type: Yearly
  • Beds Total: 2
  • Full Baths Count: 1
Unit 2
  • Type: Unit 2
  • Unit Type Occupied YN: Yes
  • Unit Type Lease Type: None
  • Beds Total: 1
  • Full Baths Count: 1
  • Unit Type Features: 2nd floor 1 bedroom has the potential to be converted into a 2 bedroom
Unit 3
  • Type: Unit 3
  • Unit Type Occupied YN: No
  • Unit Type Lease Type: None
  • Beds Total: 1
  • Full Baths Count: 1
  • Unit Type Features: last rented for $900.00
Financial Information
Expenses
  • Operating Expense: $6,384
Financial Information
  • Annual Rental Income: $37,500
  • Existing Lease Type: Yearly, None
Building Info
Building Info
  • Building Level Count: 3
  • Building Units Total: 3
Lot / Land Information
Lot / Land Information
  • Lot Size Source: Assessor
  • Lot Size Dimensions: 0.00 x 0.00
  • Lot Dimensions Source: Assessor
  • Parcel ID: 1444942
Parking
Parking
  • Type Of Parking: On Street
Interior Features
Interior Features
  • Fireplace: No
  • Accessibility Features: 2+ Access Exits
Exterior Features
Exterior Features
  • Pool: No Pool
  • Other Structures: Above Grade, Below Grade
Utilities
Utilities
  • Heating: Yes
  • Cooling Type: Window Unit(s)
  • Cooling Fuel: None
  • Heating Type: Radiator
  • Heating Fuel: Natural Gas
  • Hot Water: Electric
  • Water Source: Public
  • Sewer Septic: Public Sewer
Confidential Data
Listing Office
  • List Agent AOR: Tri-County Suburban REALTORS

Property History for 462 Centre Avenue

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 462 Centre Avenue

Taxable ValueLand$7,200Additions$44,700Total$51,900
Tax Record2024$1,374 ($115 / month)
Home Facts
Baths3Total Finished SqFt2,802 SqFtAbove Grade Finished SqFt2,802 SqFtStories3Lot Size2,178 SqFtStyleMulti-Family Dwelling (2-4)Year Built1900CountyBERKSAPN5307-67-73-6140

Schools near 462 Centre Avenue

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
Lauers Park El School
PublicPK to 4

SOUTHWEST MS
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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462 Centre Avenue is a multi-family home for sale in Reading, PA 19601. This property was listed for sale on December 9, 2024 by Iron Valley Real Estate of Berks, it's currently listed at $314,500. It has been on the market for a total of 9 days and was last sold on October 5, 2022. This listing's school district is Reading School District. Nearby schools include Lauers Park El School, SOUTHWEST MS and Reading Senior High School. 462 Centre Avenue is a 4-bed, 3-bath, 2,802 sqft multi-family home built in 1900.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Iron Valley Real Estate of Berks

Based on information from one of the following Multiple Listing Services: BRIGHT, Greator Scranton Board of REALTORS®. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by BRIGHT, Greator Scranton Board of REALTORS® is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.