Sold
Last Sold Price
3 beds3 baths3,026 sqft
108 Philadelphia Ave, Reading, PA 19607
Multi FamilyProperty Type
0.08 acresLot Size
1928Year Built
$101/sq ftPrice per sq ft

Description

This listing is being sold with 110 E Philadelphia Ave for a total purchase price of 599,900.00. Each have their own deeds. There are 3 apartments in each building and a paved parking lot that both share to the rear of the property. 110 also has a coin operated laundry that is shared with 108. These are both amazing turn key and well kept investment properties that have been family owned for years. Tenants in 108 each have their own electric hot water heater and are responsible for their electric...This listing is being sold with 110 E Philadelphia Ave for a total purchase price of 599,900.00. Each have their own deeds. There are 3 apartments in each building and a paved parking lot that both share to the rear of the property. 110 also has a coin operated laundry that is shared with 108. These are both amazing turn key and well kept investment properties that have been family owned for years. Tenants in 108 each have their own electric hot water heater and are responsible for their electric bill. New roof on both buildings in 2017. Other updates include newer windows, updated kitchens, and flooring. Both have been continually updated and renewed. This is an excellent investment property to add to your portfolio. Conveniently located with easy access to major roads and shopping.
  • Listed by: Linda Strain 610.780.0033 lstrain@GoBerksCounty.com • RE/MAX Of Reading
Listing closed: 07/22/2022 12:00 AM • Source: BRIGHT, MLS#: PABK2015632

Recent comparable sales

Median sold price

$360,000

Avg days on market

37

Sale-to-list ratio

96.2%

Reading, PA

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Location

Listing Courtesy of RE/MAX Of Reading

Sold By RE/MAX Of Reading

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Property Information for 108 Philadelphia Avenue

Property Details
  • Taxes: $3,578 / year
  • MLS Type: Multi-Family / Fee Simple
  • County: Berks County
  • Tax ID Number: 77-4395-08-77-6900
  • Ownership: Fee Simple
  • Structure Type: Twin/Semi-Detached
  • Style: Traditional
  • Waterfront: No
  • Garage: No
  • Municipality: SHILLINGTON BORO
  • Central Air: No
  • Basement: Yes
  • Above Grade Finished SQFT: 3,026.00
  • Above Grade Fin SQFT Source: Assessor
  • Below Grade Finished SQFT: .00
  • Below Grade Fin SQFT Source: Assessor
  • Below Grade Unfinished SQFT: .00
  • Below Grade Unfin SQFT Source: Assessor
  • Total Below Grade SQFT: .00
  • Total Below Grade SQFT Source: Assessor
  • New Construction: No
Building Information
  • Residences: 3
  • Year Built: 1928
  • Lot Size: 0.08 AC / 3,484 SF
Location
Location
  • School District Name: GOVERNOR MIFFLIN
  • School District County ID: 300200397317
  • SchoolDistrictSource: Listing Agent
  • County: BERKS
  • MLS Area: Shillington Boro (10277)
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: 2022
  • Tax Assessed Value: $81,500
  • Year Assessed: 2022
  • County Tax: $624
  • Improvement Assessed Value: $54,500
  • City Town Tax: $582
  • Land Assessed Value: $27,000
  • Clean Green Assessed: No
  • Land Use Code: 163
  • Zoning: R3
  • Tax Lot: 6900
  • School Tax: $2,372
  • Tax Page Number: 3
  • Automatically Update Tax Values Y/N: Yes
Lease Information
Lease Information
  • Owner Pays: Water, Sewer, Gas, Insurance, Taxes - Real Estate
  • Concessions: No
Unit Information
Unit Information
  • Single Room Units Count: 0
  • One Bedroom Units Count: 3
  • Two Bedroom Units Count: 0
  • Three Bedroom Units Count: 0
  • Other Units: Unit 1,Unit 2,Unit 3
  • Units Leased Count: 3
  • Number Of Units Vacant: 0
  • Number Of Units Month To Month: 1
Multi Family
Unit 1
  • Type: Unit 1
  • Unit Type Occupied YN: Yes
  • Level: 1
  • Unit Type Lease Type: Yearly
  • Beds Total: 1
  • Full Baths Count: 1
  • Total Rooms: 5
Unit 2
  • Type: Unit 2
  • Unit Type Occupied YN: Yes
  • Level: 2
  • Unit Type Lease Type: Yearly
  • Beds Total: 1
  • Full Baths Count: 1
  • Total Rooms: 4
Unit 3
  • Type: Unit 3
  • Unit Type Occupied YN: Yes
  • Level: 3
  • Unit Type Lease Type: Month to Month
  • Beds Total: 1
  • Full Baths Count: 1
  • Total Rooms: 4
Financial Information
Expenses
  • Operating Expense: $10,142
Financial Information
  • Gross Income: $30,000
  • Net Operating Income: $19,858
  • Annual Rental Income: $30,000
  • Income Includes: Apartment Rentals
  • Existing Lease Type: Yearly, Month to Month
Building Info
Building Info
  • Building Units Total: 3
  • Total Finished SQFT: 3,026.00
Lot / Land Information
Lot / Land Information
  • Lot Size Source: Assessor
  • Lot Size Dimensions: 0.00 x 0.00
  • Lot Dimensions Source: Assessor
  • Parcel ID: 1563938
Parking
Parking
  • Type Of Parking: Parking Lot
Interior Features
Interior Features
  • Fireplaces Count: 0
  • Accessibility Features: None
Exterior Features
Exterior Features
  • Pool: No Pool
  • Other Structures: Above Grade, Below Grade
Utilities
Utilities
  • Heating: Yes
  • Cooling Type: None
  • Cooling Fuel: None
  • Heating Type: Baseboard - Hot Water
  • Heating Fuel: Natural Gas
  • Hot Water: Electric
  • Water Source: Public
  • Sewer Septic: Public Sewer
Confidential Data
Listing Office
  • List Agent Office Ext: 3073
  • List Agent AOR: Reading-Berks Association of REALTORS
  • List Agent URL: www.LindaStrain.com

Property History for 108 Philadelphia Avenue

DateEvent & SourcePriceAppreciation
Jul 22, 2022

Closed

BRIGHT #PABK2015632

$304,700
Jul 18, 2022

Closed (Public Record)

Public Record #1494924863

$304,700
May 19, 2022

Pending

BRIGHT #PABK2015632

DateEvent & SourcePrice
07/22/2022

Closed

BRIGHT #PABK2015632

$304,700
07/18/2022

Closed (Public Record)

Public Record #1494924863

$304,700
05/19/2022

Pending

BRIGHT #PABK2015632

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

Public Records for 108 Philadelphia Avenue

Taxable ValueLand$27,000Additions$54,500Total$81,500
Tax Record2026$1,316 ($110 / month)
Home Facts
Beds4Baths3Total Finished SqFt3,026 SqFtAbove Grade Finished SqFt3,026 SqFtStories3Lot Size3,485 SqFtStyleSingle Family ResidenceYear Built1928Year Renovated1928CountyBERKSAPN77-4395-08-77-6900

Schools near 108 Philadelphia Avenue

This home is within Governor Mifflin School District.
Rating
School
Type
Grades
Distance
Public - PK to 4
Public - 5 to 6
Public - 7 to 8
Public - 9 to 12
Rating
School
Distance
Cumru El School
PublicPK to 4

Intermediate School
Public5 to 6

Governor Mifflin Middle School
Public7 to 8

Governor Mifflin Senior High School
Public9 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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No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of any information, descriptions or measurements (including square footage measurements and property condition), such should be independently verified through appropriate means, including, but not limited to, in person inspection and public records, and Compass International Holdings, its subsidiaries, affiliates and independently owned and operated franchisees, and their affiliated agents and associated third parties expressly disclaim 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 seller's discretion. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of RE/MAX Of Reading

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.