1113 Spring St

Reading, PA 19604

$85,000
Last Sold Price
—
Beds
—
Baths
—Sq. Ft.
— / Sq. Ft.
—
Sq. Ft.
—
per Sq. Ft.
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Closed 2/27/18
Closed 2/27/18

Description

Solid 2-unit property in Northeast Reading that includes an 8-space parking lot and is currently rented out adding $175 per month income. The first floor tenant currently pays $575/month and although the second floor is currently owner occupied, it can create approximately additional $700/month. Gross annual income not including second floor unit is $8400 per year. This unique property has tons of possibilities and tons of income potential. Public records list the address as 1111 Spring Street.Solid 2-unit property in Northeast Reading that includes an 8-space parking lot and is currently rented out adding $175 per month income. The first floor tenant currently pays $575/month and although the second floor is currently owner occupied, it can create approximately additional $700/month. Gross annual income not including second floor unit is $8400 per year. This unique property has tons of possibilities and tons of income potential. Public records list the address as 1111 Spring Street.

Property Details for 1113 Spring Street

Tax ID Number
13-5317-46-15-2779
Ownership
Fee Simple
Condo Coop Association
No
HOA
No
Structure Type
Twin/Semi-Detached
Style
Other
Waterfront
No
Garage
No
LISTING UPDATED: 09/07/2020 03:26 AM

Property Details for 1113 Spring Street

StatusClosed
MLS #1000258455
Days on Market157
Taxes$2,059 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeMulti-Family / Fee Simple
Year Built1915
Lot Size0.07 AC / 3,049 SF
CountyBerks County
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Location

Listing Courtesy of Century 21 Gold

Sold By Century 21 Gold

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Building Information for 1113 Spring Street

Stories-Residences-Year Built1915Building Size-Lot Size0.07 AC / 3,049 SF

Payment Calculator

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$586 per month

30 year fixed, 6.15% Interest

Principal and Interest

$414

Property Taxes

$172

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

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Property Information for 1113 Spring Street

Location
Location
  • School District Name: READING
  • School District County ID: 300200397169
  • 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
Taxes and Assessment
Taxes and Assessment
  • Tax Year: 2017
  • Tax Assessed Value: $47,900
  • Improvement Assessed Value: $25,800
  • Land Assessed Value: $22,100
  • Land Use Code: 4282
  • Zoning: R-3
  • Tax Lot: 2779
Lease Information
Lease Information
  • Concessions: Yes
  • Concessions Amount: $6,000
  • Concession Remarks: Seller Assist
Unit Information
Unit Information
  • One Bedroom Units Count: 1
  • Two Bedroom Units Count: 1
  • Other Units: Unit 1,Unit 2,Unit 3
Rooms
Rooms
  • Room List: Primary Bedroom
Financial Information
Expenses
  • Insurance Expense: $641
  • Annual Heating Expense: $779
  • Electric Expense: $1,186
Financial Information
  • Gross Income: $8,400
Building Info
Building Info
  • Construction Materials: Other
  • Roof: Pitched, Shingle
  • Flooring Type: Wood, Vinyl
  • Basement Type: Full, Unfinished
  • Foundation Details: Stone
Lot / Land Information
Lot / Land Information
  • Lot Size Dimensions: -
  • Sign On Property: Yes
Parking
Parking
  • Type Of Parking: None
  • Total Non-Garage Parking Spaces: 8
  • Parking Features: Assigned, Rented/Permit Required, Private
Interior Features
Interior Features
  • Fireplace: No
  • Accessibility Features: None
  • Laundry Type: None
Exterior Features
Exterior Features
  • Exterior Features: Sidewalks, Street Lights
  • Pool: No Pool
Utilities
Utilities
  • Utilities: Cable TV Available
  • Heating: Yes
  • Cooling Type: None
  • Heating Type: Forced Air
  • Heating Fuel: Natural Gas
  • Hot Water: Electric
  • Water Source: Public
  • Sewer Septic: Public Sewer
  • Electric Service: 100 Amp Service, Fuses

Property History for 1113 Spring Street

DateEvent & SourcePriceAppreciation
Feb 27, 2018

Closed (Public Record)

Public Record #617184705

$85,000—
Feb 27, 2018

Closed

BRIGHT #1000258455

$85,000—
Jan 17, 2018

Pending

BRIGHT #1000258455

—
Aug 14, 2017

Listed (Active)

BRIGHT #1000258455

$89,900—
Nov 7, 2002

Expired

BRIGHT #PABK265922

$64,900—
Nov 8, 2001

Listed (Active)

BRIGHT #PABK265922

$64,900—
DateEvent & SourcePrice
02/27/2018

Closed (Public Record)

Public Record #617184705

$85,000
02/27/2018

Closed

BRIGHT #1000258455

$85,000
01/17/2018

Pending

BRIGHT #1000258455

—
08/14/2017

Listed (Active)

BRIGHT #1000258455

$89,900
11/07/2002

Expired

BRIGHT #PABK265922

$64,900
11/08/2001

Listed (Active)

BRIGHT #PABK265922

$64,900

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

Public Records for 1113 Spring Street

Taxable ValueLand$22,100Additions$25,800Total$47,900
Tax Record2025$1,300 ($108 / month)
Home Facts
Total Finished SqFt3,000 SqFtAbove Grade Finished SqFt3,000 SqFtStories2Lot Size3,049 SqFtStyleMulti-Family Dwelling (2-4)Year Built1915CountyBERKSAPN13531746152779

Schools near 1113 Spring Street

This home is within Reading School District.
Rating
School
Type
Grades
Distance
Twelfth & Marion El School
Public - PK to 4
Northeast Middle School
Public - 5 to 8
Reading Senior High School
Public - 9 to 12
Southwest Middle School
Public - 6 to 7
Rating
School
Distance
Twelfth & Marion El School
PublicPK to 4

Northeast 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 Century 21 Gold

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.