1049 Penn St
Description
- Listed by William J Sands • Sands & Company Real EstateP: (610)-376-9999 sands@parealestate.com
- Listed by Gerald J Pelker • Sands & Company Real EstateP: (610)-376-9999 sands@parealestate.com
Property Details for 1049 Penn Street
Property Details for 1049 Penn Street
| Status | Closed |
|---|---|
| MLS # | PABK2013528 |
| Days on Market | 5 |
| Taxes | $4,371 / year |
| HOA Fees | - |
| Condo/Co-op Fees | - |
| Property Type | Multi Family |
| MLS Type | Multi-Family / Fee Simple |
| Year Built | 1900 |
| Lot Size | 0.06 AC / 2,614 SF |
| County | Berks County |
Location
Sold By Sands & Company Real Estate
Building Information for 1049 Penn Street
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$2,188 per month
30 year fixed, 6.36% Interest
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1Property Information for 1049 Penn Street
- School District Name: READING
- School District County ID: 300200397169
- SchoolDistrictSource: Listing Agent
- County: BERKS
- MLS Area: Reading City (10201)
- Water View: No
- Water Access: No
- Water Oriented: No
- Navigable Water: No
- Tidal Water: No
- Riparian Rights Y/N: No
- Tax Year: 2018
- Tax Assessed Value: $101,000
- County Tax: $773
- Improvement Assessed Value: $73,700
- City Town Tax: $1,831
- Land Assessed Value: $27,300
- Land Use Code: 4126
- Historic: Yes
- Historic Designation ID: PENN'SCOMMON
- Zoning: MIX USE R-3
- Tax Lot: 0269
- School Tax: $1,811
- School Tax Payment Frequency: Annually
- Automatically Update Tax Values Y/N: No
- Owner Pays: Common Area Maintenance, Gas, Heat, Insurance, Management, Sewer, Snow Removal, Taxes - Real Estate, Water
- Concessions: No
- Concession Remarks: none
- Single Room Units Count: 1
- One Bedroom Units Count: 1
- Two Bedroom Units Count: 2
- Three Bedroom Units Count: 0
- Other Units: Unit 1,Unit 2,Unit 4,Unit 3
- Units Leased Count: 4
- Number Of Units Vacant: 0
- Rent Control: No
- Type: Unit 1
- Unit Type Occupied YN: Yes
- Unit Type Lease Type: Yearly
- Beds Total: 0
- Half Baths Count: 2
- Full Baths Count: 0
- Unit Type Baths Total: 2
- Unit Type Features: Restaurant Space Lower Level- Pays its own Elect, Natural Gas for Hot Water, & Trash, Unit is on a 3 Year Lease with2 years Left
- Total Rooms: 3
- Type: Unit 2
- Unit Type Occupied YN: Yes
- Level: 1
- Beds Total: 1
- Full Baths Count: 1
- Total Rooms: 4
- Type: Unit 3
- Unit Type Occupied YN: Yes
- Level: 2
- Beds Total: 2
- Full Baths Count: 1
- Total Rooms: 5
- Type: Unit 4
- Unit Type Occupied YN: Yes
- Level: 3
- Beds Total: 2
- Full Baths Count: 1
- Total Rooms: 5
- Operating Expense: $16,410
- Gross Income: $43,140
- Net Operating Income: $26,730
- Annual Rental Income: $43,140
- Income Includes: Apartment Rentals, Shop Rentals
- Cap Rate: 7.86
- Existing Lease Type: Month to Month, Yearly
- Building Level Count: 4
- Building Units Total: 4
- Total Finished SQFT: 6,182.00
- Total Finished SQFT Source: Estimated
- Total SQFT: 6,182.00
- Total SQFT Source: Estimated
- Construction Materials: Brick, Stone
- Foundation Details: Other
- Lot Size Source: Estimated
- Lot Size Dimensions: IRREGULAR
- Lot Dimensions Source: Estimated
- Location Type: Corner Lot/Unit
- Parcel ID: 1445989
- Type Of Parking: On Street
- Fireplace: No
- Accessibility Features: None
- Spa: No
- Exterior Features: Sidewalks, Street Lights
- Pool: No Pool
- Other Structures: Above Grade
- Heating: Yes
- Cooling Type: None
- Cooling Fuel: Electric
- Heating Type: Hot Water
- Heating Fuel: Natural Gas
- Hot Water: Natural Gas
- Water Source: Public
- Sewer Septic: Public Sewer
- List Agent AOR: Reading-Berks Association of REALTORS
- List Agent URL: www.parealestate.com
Property History for 1049 Penn Street
| Date | Event & Source | Price | Appreciation |
|---|---|---|---|
| Feb 15, 2026 | Expired BRIGHT #PABK2061466 | — | |
| Aug 15, 2025 | Listed (Active) BRIGHT #PABK2061466 | $950,000 | — |
| Jun 6, 2022 | Closed BRIGHT #PABK2013528 | $366,000 | — |
| Apr 29, 2022 | Closed (Public Record) Public Record #1491391014 | $366,000 | +14.2% / yr |
| Apr 6, 2022 | Pending BRIGHT #PABK2013528 | — | |
| Mar 31, 2022 | Temp Off Market BRIGHT #PABK2013528 | — | |
| Mar 28, 2022 | Pending BRIGHT #PABK2013528 | — | |
| Mar 27, 2022 | Listed (Active) BRIGHT #PABK2013528 | $339,900 | — |
| Jul 31, 2018 | Closed (Public Record) Public Record #627971884 | $222,500 | — |
| Jul 31, 2018 | Closed (Public Record) Public Record #627971884 | $222,500 | -1.4% / yr |
| Jul 31, 2018 | Closed BRIGHT #1004439257 | $222,500 | — |
| Jul 31, 2018 | Closed BRIGHT #1004439407 | $222,500 | — |
| Jun 23, 2018 | Pending BRIGHT #1004439257 | — | |
| Jun 23, 2018 | Pending BRIGHT #1004439407 | — | |
| Jan 11, 2018 | Listed (Active) BRIGHT #1004439257 | $249,900 | — |
| Jan 11, 2018 | Listed (Active) BRIGHT #1004439407 | $249,900 | — |
| Jan 30, 2006 | Closed (Public Record) Public Record #244126654 | $265,000 | — |
| Sep 8, 2005 | Withdrawn BRIGHT #PABK293660 | $289,900 | — |
| Aug 19, 2005 | Listed (Active) BRIGHT #PABK293660 | $289,900 | — |
| Date | Event & Source | Price |
|---|---|---|
| 02/15/2026 | Expired BRIGHT #PABK2061466 | — |
| 08/15/2025 | Listed (Active) BRIGHT #PABK2061466 | $950,000 |
| 06/06/2022 | Closed BRIGHT #PABK2013528 | $366,000 |
| 04/29/2022 | Closed (Public Record) Public Record #1491391014 | $366,000 +14.2% / yr |
| 04/06/2022 | Pending BRIGHT #PABK2013528 | — |
| 03/31/2022 | Temp Off Market BRIGHT #PABK2013528 | — |
| 03/28/2022 | Pending BRIGHT #PABK2013528 | — |
| 03/27/2022 | Listed (Active) BRIGHT #PABK2013528 | $339,900 |
| 07/31/2018 | Closed (Public Record) Public Record #627971884 | $222,500 |
| 07/31/2018 | Closed (Public Record) Public Record #627971884 | $222,500 -1.4% / yr |
| 07/31/2018 | Closed BRIGHT #1004439257 | $222,500 |
| 07/31/2018 | Closed BRIGHT #1004439407 | $222,500 |
| 06/23/2018 | Pending BRIGHT #1004439257 | — |
| 06/23/2018 | Pending BRIGHT #1004439407 | — |
| 01/11/2018 | Listed (Active) BRIGHT #1004439257 | $249,900 |
| 01/11/2018 | Listed (Active) BRIGHT #1004439407 | $249,900 |
| 01/30/2006 | Closed (Public Record) Public Record #244126654 | $265,000 |
| 09/08/2005 | Withdrawn BRIGHT #PABK293660 | $289,900 |
| 08/19/2005 | Listed (Active) BRIGHT #PABK293660 | $289,900 |
For completeness, we often displays two records for one sale: the MLS record and the public record.
Public Records for 1049 Penn Street
Schools near 1049 Penn Street
Rating | School | Type | Grades | Distance |
|---|---|---|---|---|
| Public - | PK to 4 | |||
| Public - | 5 to 8 | |||
| Public - | 9 to 12 | |||
| Private - | 1 to 12 |
Rating | School | Distance |
|---|---|---|
Tenth & Penn El School PublicPK to 4 | ||
Southern Middle School Public5 to 8 | ||
Reading Senior High School Public9 to 12 | ||
New Story Private1 to 12 |
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 Sands & Company Real Estate
Based on information from one of the following Multiple Listing Services: BRIGHT, Greater LeHigh Valley Regional MLS, Greator Scranton Board of REALTORS® and Pocono Mountains Association 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, Greater LeHigh Valley Regional MLS, Greator Scranton Board of REALTORS® and Pocono Mountains Association 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.