1339 Butler Street

Closed 12/30/15
Closed 12/30/15
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Last Sold Price
$170,000
11 beds8 baths4,600 sqft$37/sqft
1339 Butler St, Reading, PA 19601

Description

This 8 unit apartment building is in turn key condition. Building has been extremely well maintained, and has recently been updated with gas heat and a 400 amp breaker panel. The occupancy rate is very high and there are a number of long term tenants. All units are rented. This property produces an excellent cash flow, and the basement laundry provides additional income for the owner. If you are a serious investor, do not miss this opportunity to add this outstanding property to your investment portfolio!...This 8 unit apartment building is in turn key condition. Building has been extremely well maintained, and has recently been updated with gas heat and a 400 amp breaker panel. The occupancy rate is very high and there are a number of long term tenants. All units are rented. This property produces an excellent cash flow, and the basement laundry provides additional income for the owner. If you are a serious investor, do not miss this opportunity to add this outstanding property to your investment portfolio! Act now while interest rates are still low. Qualified Investors only. Call for details.
LISTING CLOSED: 12/30/2015 12:00 AM

  1. Listed by John J Tomaszewski • RE/MAX Of Reading
    P: (610) 670-2770 jtomaszewski@goberkscounty.com

Property Details for 1339 Butler Street

Status
Closed
MLS #
1002627552
Days on Market
96
Taxes
$4,565 / year
HOA Fees
-
Condo/Co-op Fees
-
Property Type
Multi Family
MLS Type
Multi-Family / Fee Simple
Year Built
1945
Lot Size
0.11 AC / 4,792 SF
County
Berks County
Tax ID Number
19-5307-38-17-5146
Ownership
Fee Simple
Condo Coop Association
No
HOA
No
Structure Type
Detached
Style
Other
Waterfront
No
Garage
No
Subdivision
NONE AVAILABLE
Subdivision
NONE AVAILABLE (BERKS PA)
Cross Street
RT 12
Municipality
READING CITY
Central Air
No
Basement
Yes
Above Grade Finished SQFT
4,600.00
Above Grade Fin SQFT Source
Estimated
New Construction
No
Construction Completed
No
Property Condition
Good
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Location

Listing Courtesy of RE/MAX Of Reading

Sold By Keller Williams Realty Elite-Wyomissing

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Building Information for 1339 Butler Street

Stories-Residences-Year Built1945Building Size-Lot Size0.11 AC / 4,792 SF

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Property Information for 1339 Butler 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
  • Riparian Rights Y/N: No
Taxes and Assessment
Taxes and Assessment
  • Tax Year: 2015
  • Tax Assessed Value: $112,800
  • Land Use Code: 4200
  • Zoning: RES
  • Tax Lot: 5146
Lease Information
Lease Information
  • Concessions: No
Unit Information
Unit Information
  • One Bedroom Units Count: 5
  • Two Bedroom Units Count: 3
  • Other Units: Unit 1,Unit 2,Unit 4,Unit 5,Unit 8,Unit 3,Unit 6,Unit 7
Rooms
Rooms
  • Room List: Primary Bedroom
Multi Family
Unit 1
  • Type: Unit 1
  • Unit Type Occupied YN: Yes
  • Beds Total: 1
  • Half Baths Count: 0
  • Full Baths Count: 1
  • Unit Type Baths Total: 1
  • Unit Type Features: 12/31/15
  • Total Rooms: 3
Unit 2
  • Type: Unit 3
  • Unit Type Occupied YN: Yes
  • Beds Total: 1
  • Half Baths Count: 0
  • Full Baths Count: 1
  • Unit Type Baths Total: 1
  • Unit Type Features: MONTHLY
  • Total Rooms: 3
Unit 3
  • Type: Unit 5
  • Unit Type Occupied YN: Yes
  • Beds Total: 2
  • Half Baths Count: 0
  • Full Baths Count: 1
  • Unit Type Baths Total: 1
  • Unit Type Features: MONTHLY
  • Total Rooms: 5
Unit 4
  • Type: Unit 7
  • Unit Type Occupied YN: Yes
  • Beds Total: 1
  • Half Baths Count: 0
  • Full Baths Count: 1
  • Unit Type Baths Total: 1
  • Unit Type Features: MONTHLY
  • Total Rooms: 3
Unit 5
  • Type: Unit 8
  • Unit Type Occupied YN: Yes
  • Beds Total: 2
  • Half Baths Count: 0
  • Full Baths Count: 1
  • Unit Type Baths Total: 1
  • Unit Type Features: 15/15/16
  • Total Rooms: 5
Unit 6
  • Type: Unit 2
  • Unit Type Occupied YN: Yes
  • Beds Total: 1
  • Half Baths Count: 0
  • Full Baths Count: 1
  • Unit Type Baths Total: 1
  • Unit Type Features: MONTHLY
  • Total Rooms: 4
Unit 7
  • Type: Unit 6
  • Unit Type Occupied YN: Yes
  • Beds Total: 2
  • Half Baths Count: 0
  • Full Baths Count: 1
  • Unit Type Baths Total: 1
  • Unit Type Features: MONTHLY
  • Total Rooms: 5
Unit 8
  • Type: Unit 4
  • Unit Type Occupied YN: Yes
  • Beds Total: 1
  • Half Baths Count: 0
  • Full Baths Count: 1
  • Unit Type Baths Total: 1
  • Unit Type Features: 8/14/15
  • Total Rooms: 2
Financial Information
Expenses
  • Insurance Expense: $3,609
  • Water Sewer Expense: $6,215
  • Annual Heating Expense: $3,750
  • Electric Expense: $602
  • Other Expense: $1,740
  • Annual Gross Expense: $20,481
Financial Information
  • Gross Income: $53,320
  • Income Includes: Laundry
Building Info
Building Info
  • Total Finished SQFT: 4,600.00
  • Total SQFT: 4,600.00
Lot / Land Information
Lot / Land Information
  • Lot Size Dimensions: IRREG
  • Sign On Property: Yes
  • Parcel ID: 1466606
Parking
Parking
  • Type Of Parking: On Street
  • Parking Features: Street
Interior Features
Interior Features
  • Fireplace: No
  • Accessibility Features: None
Exterior Features
Exterior Features
  • Exterior Features: Sidewalks, Street Lights, Satellite Dish
  • Pool: No Pool
  • Other Structures: Above Grade
Utilities
Utilities
  • Utilities: Cable TV Available
  • Heating: Yes
  • Cooling Type: Wall Unit
  • Heating Type: Gas, Hot Water, Radiator
  • Heating Fuel: Natural Gas
  • Hot Water: Natural Gas
  • Water Source: Public
  • Sewer Septic: Public Sewer
  • Electric Service: 200+ Amp Service, Circuit Breakers
Confidential Data
Listing Office
  • List Agent Office Ext: 3172
  • List Agent Preferred Phone Ext: 3172
  • List Agent AOR: Reading-Berks Association of REALTORS

Property History for 1339 Butler Street

DateEvent & SourcePriceAppreciation
Dec 30, 2015

Closed

BRIGHT #1002627552

$170,000—
Dec 1, 2015

Pending

BRIGHT #1002627552

—
Aug 28, 2015

Listed (Active)

BRIGHT #1002627552

$219,900—
DateEvent & SourcePrice
12/30/2015

Closed

BRIGHT #1002627552

$170,000
12/01/2015

Pending

BRIGHT #1002627552

—
08/28/2015

Listed (Active)

BRIGHT #1002627552

$219,900

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

Public Records for 1339 Butler Street

Taxable ValueLand$27,500Additions$85,300Total$112,800
Tax Record2026$3,184 ($265 / month)
Home Facts
Total Finished SqFt6,852 SqFtAbove Grade Finished SqFt6,852 SqFtStories3Lot Size4,792 SqFtStyleMulti-Family Res (5+ Units)Year Built1945CountyBERKSAPN19530738175146

Schools near 1339 Butler Street

This home is within Reading School District.
Rating
School
Type
Grades
Distance
Glenside El School
Public - PK to 4
Northwest Middle School
Public - 5 to 8
Reading Senior High School
Public - 9 to 12
St Margaret School
Private - PK to 8
Rating
School
Distance
Glenside El School
PublicPK to 4

Northwest Middle School
Public5 to 8

Reading Senior High School
Public9 to 12

St Margaret School
PrivatePK to 8

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: 1339 Butler Street, Reading, PA 19601
$170,000
11
8
4,600
4,792
1335 Butler Street, Reading, PA 19601
$53,000
3
1,872
3,489
1347 Butler Street, Reading, PA 19601
–
–
–
3,328
–
1333 Butler Street, Reading, PA 19601
$80,000
3
1,664
3,049
1331 Butler Street, Reading, PA 19601
–
2
1
1,232
4,792
1338 Luzerne Street, Reading, PA 19601
$52,000
3
1,728
4,356

Explore Nearby Homes

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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.