Reading, PA 19601,125 N 8TH ST
Reading, PA 19601,125 N 8TH ST
Reading, PA 19601,125 N 8TH ST
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$220,000
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1,580 SqFt
Pending

125 N 8TH ST Reading, PA 19601

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Key Details

Property Type Multi-Family, Townhouse

Sub Type Interior Row/Townhouse

Listing Status Pending

Purchase Type For Sale

Square Footage 1,580 sqft

Price per Sqft $139

MLS Listing ID PABK2065436

Style Colonial

Abv Grd Liv Area 1,580

Year Built 1900

Annual Tax Amount $1,659

Tax Year 2025

Lot Size 1,742 Sqft

Acres 0.04

Lot Dimensions 0.00 x 0.00

Property Sub-Type Interior Row/Townhouse

Source BRIGHT

Property Description

Downtown City of Reading middle row 2 unit building located in the C-R zoning district, currently being used as 2 fully occupied residential units but the main level is zoned commercial and not legally permitted for residential. Unit 1 - 1st fl, 3 rooms, 1 BR, liv, kit, bath, electric cooking, gas F/A heat, central air unit not working, replacement windows. rented for $750 a month on a M/M basis. Tenant pays for electric & gas heat. Unit 2 - 2nd & 3rd fl, 4 rooms, 2 BRS, liv, kit, bath, electric cooking. electric hot water for both units, gas F/A heat, replacement windows. rented for $800 a month on a M/M basis. Tenant pays for electric, electric hot water for both units, gas heat. Note: There's only ONE electric hot water heater for both units and its paid by the unit 2 tenant. Total income: 18,600. Total expenses: 6,439. NOI: 12,161. Cap Rate: 5.50%. Expenses breakdown: Taxes: 1,659. Ins: 1,500. W/S/T/R: 3,180. Permit: 100. Additional features include an asphalt shingle roof, 200 AMP main electric, 2-100 AMP breaker panels, off street parking for 2 cars. To be sold as a package deal with 129 N. 8th Street, Reading, PA 19601 - 225k. 132 Cedar Street, Reading, PA 19601 - 20k & 134 Cedar Street, Reading, PA 19601 - 20k. Total package price is $465k. This is an estate sale and is to be sold AS IS.

Location

State PA

County Berks

Area Reading City (10201)

Zoning C-R

Rooms

Basement Interior Access, Outside Entrance, Unfinished

Interior

Interior Features 2nd Kitchen, Bathroom - Tub Shower, Entry Level Bedroom

Hot Water Electric, Multi-tank

Heating Forced Air

Cooling Central A/C, Window Unit(s)

Flooring Ceramic Tile, Laminated

Inclusions 2 Range/Ovens, 2 Refrigerators

Equipment Oven/Range - Electric, Range Hood, Water Heater, Washer, Dryer - Electric

Fireplace N

Window Features Double Hung,Double Pane,Replacement

Appliance Oven/Range - Electric, Range Hood, Water Heater, Washer, Dryer - Electric

Heat Source Natural Gas

Exterior

Exterior Feature Patio(s), Porch(es), Roof

Garage Spaces 14.0

Utilities Available Above Ground

Water Access N

Roof Type Asphalt

Accessibility None

Porch Patio(s), Porch(es), Roof

Total Parking Spaces 14

Garage N

Building

Foundation Stone

Above Ground Finished SqFt 1580

Sewer Public Sewer

Water Public

Architectural Style Colonial

Additional Building Above Grade, Below Grade

New Construction N

Schools

School District Reading

Others

Tax ID 08-5307-84-91-5078

Ownership Fee Simple

SqFt Source 1580

Security Features Smoke Detector,Carbon Monoxide Detector(s)

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Financing Cash,Conventional

Special Listing Condition Probate Listing


Bright MLS (BMLS)
Hope Greenlee
Bobbi Evans
R.J. Breeden
Hope Greenlee
Hope Greenlee
Agent License ID: 658745

Hope  Greenlee is a seasoned Realtor with 17 years of experience in the real estate industry. She hails from Baltimore County, is a proud graduate of Parkville High School, and pursued a business degree in Pittsburgh, Pennsylvania. With a background as a Multi-Site Property Manager spanning over two decades across Maryland, Hope has honed her skills and expertise in various facets of real estate. She is a devoted mother to five children and a passionate, market-savvy professional who prioritises her clients' satisfaction and best interests above all else. Hope's approach is characterised by professionalism, patience, and unwavering loyalty, ensuring a seamless and satisfying real estate experience. She is now part of The Breeden Group of Berkshire Hathaway Homesale Realty.

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