51 North 9th Street

Reading, PA 19601

$900,000
Price
Beds
10,344 Sq. Ft.
$87 / Sq. Ft.
10,344
Sq. Ft.
$87
per Sq. Ft.

Description

Great investment opportunity; This 8 units building has been well kept, and always rented.Great investment opportunity; This 8 units building has been well kept, and always rented.
  1. Listed by Angelo Giannotti • RE/MAX Of Reading
    P: (610)-670-2770 agiannotti@goberkscounty.com

Property Details for 51 North 9th Street

Tax ID Number
08-5317-77-00-0796
Ownership
Fee Simple
Structure Type
End of Row/Townhouse
Style
Other
Waterfront
No
Views
City
Garage
No
Municipality
READING CITY
LISTING UPDATED: 12/16/2024 05:53 PM

Property Details for 51 North 9th Street

StatusPending
MLS #PABK2051362
Days on Market26
Taxes$5,089 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeMulti-Family / Fee Simple
Year Built1911
Lot Size0.06 AC / 2,614 SF
CountyBerks County

Building Information for 51 North 9th Street

Stories-Residences4Year Built1911Building Size-Lot Size0.06 AC / 2,614 SF

Property Information for 51 North 9th Street

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: $114,600
  • Year Assessed: 2024
  • County Tax: $956
  • Improvement Assessed Value: $100,500
  • City Town Tax: $2,078
  • Land Assessed Value: $14,100
  • Clean Green Assessed: No
  • Municipal Trash: Yes
  • Land Use Code: 4124
  • Agricultural Tax Due: No
  • Historic: No
  • Zoning: MIXED USE
  • Tax Lot: 0796
  • School Tax: $2,055
  • School Tax Payment Frequency: Annually
  • Automatically Update Tax Values Y/N: Yes
Lease Information
Lease Information
  • Owner Pays: Gas, Sewer, Taxes - Real Estate, Trash Collection, Water
Unit Information
Unit Information
  • Single Room Units Count: 0
  • One Bedroom Units Count: 0
  • Two Bedroom Units Count: 0
  • Three Bedroom Units Count: 0
  • Other Units: Unit 1,Unit 2,Unit 4,Unit 5,Unit 8,Unit 3,Unit 6,Unit 7
  • Units Leased Count: 8
Multi Family
Unit 1
  • Type: Unit 1
  • Unit Type Occupied YN: Yes
  • Level: 1
  • Unit Type Finished SQFT: 750
  • Unit Type Lease Type: Yearly
  • Unit Type Features: restaurant
Unit 2
  • Type: Unit 2
  • Unit Type Occupied YN: Yes
  • Level: 3
  • Unit Type Finished SQFT: 700
  • Unit Type Features: apartment
Unit 3
  • Type: Unit 4
  • Unit Type Occupied YN: Yes
  • Level: 1
  • Unit Type Finished SQFT: 1000
  • Unit Type Features: apartment
Unit 4
  • Type: Unit 5
  • Unit Type Occupied YN: Yes
  • Level: 1
  • Unit Type Finished SQFT: 800
  • Unit Type Features: apartment
Unit 5
  • Type: Unit 8
  • Unit Type Occupied YN: Yes
  • Level: 2
  • Unit Type Finished SQFT: 900
  • Unit Type Features: apartment
Unit 6
  • Type: Unit 3
  • Unit Type Occupied YN: Yes
  • Level: 1
  • Unit Type Finished SQFT: 900
  • Unit Type Features: apartment
Unit 7
  • Type: Unit 6
  • Unit Type Occupied YN: Yes
  • Level: 2
  • Unit Type Finished SQFT: 900
  • Unit Type Features: apartment
Unit 8
  • Type: Unit 7
  • Unit Type Occupied YN: Yes
  • Level: 2
  • Unit Type Finished SQFT: 850
  • Unit Type Features: apartment
Financial Information
Expenses
  • Operating Expense Includes: Insurance, Snow Removal, Trash
  • Maintenance Expense: $950
Financial Information
  • Gross Income: $117,660
  • Net Operating Income: $97,404
  • Cap Rate: 11.00
  • Existing Lease Type: Month to Month
Building Info
Building Info
  • Building Units Total: 4
  • Total Finished SQFT: 10,344.00
Lot / Land Information
Lot / Land Information
  • Lot Size Source: Estimated
  • Lot Size Dimensions: 0.00 x 0.00
  • Lot Dimensions Source: Assessor
  • Lot Features: Corner
  • Soil Types: Unknown
  • Road Surface Type: Paved
  • Road Responsibility: City/County
  • Location Type: Corner Lot/Unit
  • Parcel ID: 1445702
Parking
Parking
  • Type Of Parking: None
Interior Features
Interior Features
  • Interior Features: Other
  • Fireplace: No
  • Accessibility Features: None
  • Security Features: Carbon Monoxide Detector(s), Security System, Smoke Detector
  • Door Features: Double Entry
Exterior Features
Exterior Features
  • Spa: No
  • Pool: No Pool
  • Other Structures: Above Grade, Below Grade
Utilities
Utilities
  • Utilities: Cable TV
  • Heating: Yes
  • Cooling Type: None
  • Cooling Fuel: None
  • Heating Type: Hot Water
  • Heating Fuel: Electric, Natural Gas
  • Hot Water: Natural Gas
  • Water Source: Public
  • Sewer Septic: Public Septic
  • Electric Service: 200+ Amp Service
Confidential Data
Listing Office
  • List Agent AOR: Reading-Berks Association of REALTORS

Property History for 51 North 9th Street

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

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

Public Records for 51 North 9th Street

Taxable ValueLand$14,100Additions$100,500Total$114,600
Tax Record2024$3,034 ($253 / month)
Home Facts
Total Finished SqFt10,344 SqFtAbove Grade Finished SqFt10,344 SqFtStories4Lot Size2,614 SqFtStyleStoresYear Built1911CountyBERKSAPN5317-77-00-0796

Schools near 51 North 9th 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
Tenth & Penn El School
PublicPK to 4

Southern 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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Listing Courtesy of RE/MAX Of Reading

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.