Sold
Last Sold Price
2 beds2 baths1,358 sqft

41 S Sterley St, Reading, PA 19607

Multi FamilyProperty Type
0.06 acresLot Size
1925Year Built
$110/sq ftPrice per sq ft
1 carParking Spaces

Description

Great investment opportunity. Fully occupied 2-unit in the heart of Shillington. Well maintained. First floor tenant lease runs until the end of July 2020 at $750 month. 2nd floor tenant is a long term tenant and is month to month at $685/mo. 2nd floor unit includes the detached garage ($655-apt and $30-garage). Both units are electric baseboard heat paid by the tenants. There is a gas hot air furnace in the basement that is disconnected because the owner was paying for heat and decided to separate...Great investment opportunity. Fully occupied 2-unit in the heart of Shillington. Well maintained. First floor tenant lease runs until the end of July 2020 at $750 month. 2nd floor tenant is a long term tenant and is month to month at $685/mo. 2nd floor unit includes the detached garage ($655-apt and $30-garage). Both units are electric baseboard heat paid by the tenants. There is a gas hot air furnace in the basement that is disconnected because the owner was paying for heat and decided to separate so tenants would bear this expense. Property is in great shape and would make a great addition to any investor s portfolio. Expenses incurred by the owner are insurance $676/yr. Gas for 1st floor cooking and both units hot water $52.23/mo. Water, sewer, trash and recycling $1569.88/yr.
  • Listed by: Creighton P Stringer 484.529.9624 crstringer@msn.com • Pagoda Realty
Listing closed: 07/30/2020 12:00 AM • Source: BRIGHT, MLS#: PABK358564
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Listing Courtesy of Pagoda Realty

Sold By Pagoda Realty

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Principal and Interest

$801

Property Taxes

$273

HOA Dues

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Property Information for 41 South Sterley Street

Property Details

  • Taxes: $3,281 / year
  • MLS Type: Multi-Family / Fee Simple
  • County: Berks County
  • Tax ID Number: 77-4395-07-58-8216
  • Ownership: Fee Simple
  • HOA: No
  • Structure Type: Twin/Semi-Detached
  • Style: Traditional
  • Waterfront: No
  • Garage: No
  • Expected On Market Date: 06-05-2020
  • Municipality: SHILLINGTON BORO
  • Total Parking Spaces: 1
  • Central Air: No
  • Basement: Yes
  • Above Grade Finished SQFT: 1,358.00
  • 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: 2
  • Year Built: 1925
  • Lot Size: 0.06 AC / 2,614 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: 2020
  • Tax Assessed Value: $75,600
  • Year Assessed: 2020
  • County Tax: $579
  • Improvement Assessed Value: $51,600
  • City Town Tax: $540
  • Land Assessed Value: $24,000
  • Clean Green Assessed: No
  • Municipal Trash: Yes
  • Land Use Code: 161
  • Zoning: RES
  • Tax Lot: 8216
  • School Tax: $2,162
  • Automatically Update Tax Values Y/N: Yes

Lease Information

Lease Information
  • Owner Pays: Gas, Sewer, Sewer Maintenance, Taxes - Personal property, Water

Unit Information

Unit Information
  • Single Room Units Count: 0
  • One Bedroom Units Count: 2
  • Two Bedroom Units Count: 0
  • Three Bedroom Units Count: 0
  • Other Units: Unit 1,Unit 2
  • Units Furnished: None
  • Units Leased Count: 2
  • Number Of Units Vacant: 0
  • Number Of Units Month To Month: 2

Multi Family

Unit 1
  • Type: Unit 1
  • Unit Type Occupied YN: Yes
  • Level: 1
  • Beds Total: 1
  • Full Baths Count: 1
  • Unit Type Features: Clean & renovated
Unit 2
  • Type: Unit 2
  • Unit Type Occupied YN: Yes
  • Level: 2
  • Unit Type Lease Type: Month to Month
  • Beds Total: 1
  • Full Baths Count: 1
  • Unit Type Features: Long term tenant

Financial Information

Expenses
  • Operating Expense Includes: Insurance, Trash
  • Insurance Expense: $676
  • Water Avg Month: $131
  • Water Prev 12 Months: $1,570
  • Electric Avg Month: $0
  • Electric Prev 12 Months: $0
  • Gas Avg Month: $53
  • Gas Prev 12 Months: $636
  • Other Expense: $1,569
Financial Information
  • Annual Rental Income: $17,220
  • Income Includes: Apartment Rentals, Parking
  • Existing Lease Type: Month to Month

Building Info

Building Info
  • Building Units Total: 2
  • Total Finished SQFT: 1,358.00

Lot / Land Information

Lot / Land Information
  • Lot Size Source: Assessor
  • Lot Size Dimensions: 0.00 x 0.00
  • Lot Dimensions Source: Assessor
  • Parcel ID: 1563296

Parking

Parking
  • Type Of Parking: On Street, Detached Carport
  • Detached Carport - # of Spaces: 1.0
  • Carport Spaces Count: 1

Interior Features

Interior Features
  • Fireplace: No
  • Fireplaces Count: 0
  • Accessibility Features: None

Exterior Features

Exterior Features
  • Pool: No Pool
  • Other Structures: Above Grade, Below Grade

Utilities

Utilities
  • Utilities: Natural Gas Available
  • Heating: Yes
  • Cooling Type: Other
  • Cooling Fuel: Other
  • Heating Type: Baseboard - Electric
  • Heating Fuel: Electric
  • Hot Water: Natural Gas
  • Water Source: Public
  • Sewer Septic: Public Sewer
  • Electric Service: 200+ Amp Service

Confidential Data

Listing Office
  • List Agent AOR: Reading-Berks Association of REALTORS

Property History for 41 South Sterley Street

DateEvent & SourcePriceAppreciation
Jul 30, 2020

Closed (Public Record)

Public Record #676812641

$150,000

+2.0% / yr

Jul 30, 2020

Closed

BRIGHT #PABK358564

$150,000—
Jun 9, 2020

Pending

BRIGHT #PABK358564

—
DateEvent & SourcePrice
07/30/2020

Closed (Public Record)

Public Record #676812641

$150,000

+2.0% / yr

07/30/2020

Closed

BRIGHT #PABK358564

$150,000
06/09/2020

Pending

BRIGHT #PABK358564

—

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

Public Records for 41 South Sterley Street

Taxable Value

Land

$24,000

Additions

$51,600
Total$75,600

Tax Record

2026

$1,221 ($102 / month)

Home Facts

Beds

2

Baths

2

Total Finished SqFt

1,358 SqFt

Above Grade Finished SqFt

1,358 SqFt

Stories

2

Lot Size

2,614 SqFt

Style

Single Family Residence

Year Built

1925

County

BERKS

APN

77439507588216

Schools near 41 South Sterley Street

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 Pagoda Realty

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.