116 Carpenter Street

Closed 1/18/24
Closed 1/18/24
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Sold
Last Sold Price
$142,000
4 beds1,200 sqft
116 Carpenter St, Reading, PA 19602
Multi FamilyProperty Type
0.03 acresLot Size
1900Year Built
$118/sq ftPrice per sq ft

Description

Welcome to this fantastic multi-unit property featuring two separate 2-bedroom units. Unit 1 - The upper unit is a spacious 2-bedroom residence with 1 bathroom. The property is currently leased on a yearly basis at $975.00 per month. Unit 2 - Lower Level: On the lower level, you'll find another 2-bedroom unit with 1 bathroom. The flexibility of a month-to-month lease at $950.00 per month makes it an attractive option for various tenant needs. This multi-unit property offers an excellent cash flow...Welcome to this fantastic multi-unit property featuring two separate 2-bedroom units. Unit 1 - The upper unit is a spacious 2-bedroom residence with 1 bathroom. The property is currently leased on a yearly basis at $975.00 per month. Unit 2 - Lower Level: On the lower level, you'll find another 2-bedroom unit with 1 bathroom. The flexibility of a month-to-month lease at $950.00 per month makes it an attractive option for various tenant needs. This multi-unit property offers an excellent cash flow opportunity. The owner pays for the water, sewer, and trash. The tenants pay for the electricity. Don't miss the chance to make this versatile property yours - contact us today to schedule a viewing and explore the potential it holds.
  • Listed by: Luke T. Berg 484.955.6341 lukeberghomes@gmail.com • United Real Estate Strive 212
Listing closed: 01/18/2024 12:00 AM • Source: BRIGHT, MLS#: PABK2036834

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Recent comparable sales

Median sold price

$143,000

Avg days on market

21

Sale-to-list ratio

97.9%

Reading, PA

9 comparable properties found

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1765 Perkiomen Avenue, Reading, PA 19602

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$150,000 | 245 Mulberry Street, Reading, PA 19604
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Location

Listing Courtesy of United Real Estate Strive 212

Sold By Keller Williams Platinum Realty - Wyomissing

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Principal and Interest

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Property Information for 116 Carpenter Street

Property Details
  • Taxes: $664 / year
  • MLS Type: Multi-Family / Fee Simple
  • County: Berks County
  • Tax ID Number: 05-5306-26-69-9473
  • Ownership: Fee Simple
  • Structure Type: End of Row/Townhouse
  • Style: Traditional
  • Waterfront: No
  • Garage: No
  • Expected On Market Date: 11-10-2023
  • Municipality: READING CITY
  • Central Air: No
  • Basement: No
  • Above Grade Finished SQFT: 1,200.00
  • Above Grade Fin SQFT Source: Estimated
  • 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: 2
  • Year Built: 1900
  • Lot Size: 0.03 AC / 1,306 SF
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: 2022
  • Tax Assessed Value: $15,200
  • County Tax: $116
  • Improvement Assessed Value: $10,800
  • City Town Tax: $276
  • Land Assessed Value: $4,400
  • Clean Green Assessed: No
  • Land Use Code: 3326
  • Zoning: RESIDENTIAL
  • Tax Lot: 9473
  • School Tax: $273
  • Automatically Update Tax Values Y/N: Yes
Lease Information
Lease Information
  • Owner Pays: Sewer, Trash Collection, Water
Unit Information
Unit Information
  • Single Room Units Count: 0
  • One Bedroom Units Count: 0
  • Two Bedroom Units Count: 2
  • Three Bedroom Units Count: 0
  • Other Units: Unit 1,Unit 2
  • Units Leased Count: 2
  • Rent Control: No
Multi Family
Unit 1
  • Type: Unit 2
  • Unit Type Lease Type: Month to Month
  • Beds Total: 2
Unit 2
  • Type: Unit 1
  • Unit Type Occupied YN: Yes
  • Unit Type Lease Type: Month to Month
  • Beds Total: 2
Financial Information
Expenses
  • Operating Expense: $2,400
Financial Information
  • Gross Scheduled Income: $23,100
  • Annual Rental Income: $23,100
  • Existing Lease Type: Month to Month, Yearly
Building Info
Building Info
  • Building Level Count: 2
  • Building Units Total: 2
Lot / Land Information
Lot / Land Information
  • Lot Size Source: Assessor
  • Lot Size Dimensions: 0.00 x 0.00
  • Lot Dimensions Source: Assessor
  • Soil Types: Unknown
  • Road Surface Type: Paved
  • Road Responsibility: City/County
  • Location Type: Urban
  • Parcel ID: 1443114
Parking
Parking
  • Type Of Parking: On Street, Parking Lot
Interior Features
Interior Features
  • Fireplace: No
  • Appliances: Oven/Range - Electric
  • Accessibility Features: None
  • Door Features: Double Entry
  • Window Features: Double Pane
Exterior Features
Exterior Features
  • Outdoor Living Structures: Patio(s)
  • Pool: No Pool
  • Other Structures: Above Grade, Below Grade
Utilities
Utilities
  • Utilities: Electric Available
  • Heating: Yes
  • Cooling Type: None
  • Cooling Fuel: None
  • Heating Type: Baseboard - Electric
  • Heating Fuel: Electric
  • Hot Water: Electric
  • Water Source: Public
  • Sewer Septic: Public Sewer
  • Electric Service: 100 Amp Service
Confidential Data
Listing Office
  • List Agent AOR: Reading-Berks Association of REALTORS
  • List Agent URL: www.lukeberghomes.com

Property History for 116 Carpenter Street

DateEvent & SourcePriceAppreciation
Jan 18, 2024

Closed

BRIGHT #PABK2036834

$142,000—
Jan 12, 2024

Closed (Public Record)

Public Record #1526474385

$142,000

+16.9% / yr

Jan 5, 2024

Pending

BRIGHT #PABK2036834

—
DateEvent & SourcePrice
01/18/2024

Closed

BRIGHT #PABK2036834

$142,000
01/12/2024

Closed (Public Record)

Public Record #1526474385

$142,000

+16.9% / yr

01/05/2024

Pending

BRIGHT #PABK2036834

—

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

Public Records for 116 Carpenter Street

Taxable ValueLand$4,400Additions$10,800Total$15,200
Tax Record2026$429 ($36 / month)
Home Facts
Total Finished SqFt1,740 SqFtAbove Grade Finished SqFt1,740 SqFtStories2Lot Size1,307 SqFtStyleWarehouseYear Built1900CountyBERKSAPN05530626699473

Schools near 116 Carpenter Street

This home is within Reading School District.
Rating
School
Type
Grades
Distance
Tyson-Schoener El School
Public - PK to 4
Southwest Middle School
Public - 5 to 8
Reading Senior High School
Public - 9 to 12
New Story
Private - 1 to 12
Rating
School
Distance
Tyson-Schoener El School
PublicPK to 4

Southwest 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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Nearby home values

AddressSold priceBedsBathsSqftLot (Sqft)
This home: 116 Carpenter Street, Reading, PA 19602
$142,000
4
–
1,200
1,306
118 Carpenter Street, Reading, PA 19602
$20,000
2
1
816
1,307
120 Carpenter Street, Reading, PA 19602
–
2
1
1,196
1,307
122 Carpenter Street, Reading, PA 19602
$25,000
–
–
1,760
–
124 Carpenter Street, Reading, PA 19602
$6,000
–
–
1,280
–
113 Carpenter Street, Reading, PA 19602
$34,000
2
1
1,016
871

Explore Nearby Homes

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 United Real Estate Strive 212

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.