Last Sold Price
5,100 sqft$111/sqft
437 Spring St, Reading, PA 19601

Description

Successful Active Laundromat Business along with 4 fully occupied spacious 1-bedroom apartments in a prime traffic location right off of / near N 5th St highway. Each residential unit features a separate living and dining room area along with a private bedroom. There is plenty of room to add value to both the laundromat and rental units based on the current below market rents. If interested in a larger portfolio of laundromat investment properties, please contact the listing agent for further details....Successful Active Laundromat Business along with 4 fully occupied spacious 1-bedroom apartments in a prime traffic location right off of / near N 5th St highway. Each residential unit features a separate living and dining room area along with a private bedroom. There is plenty of room to add value to both the laundromat and rental units based on the current below market rents. If interested in a larger portfolio of laundromat investment properties, please contact the listing agent for further details. Schedule your showing today!
LISTING CLOSED: 03/15/2024 12:00 AM

  1. Listed by Jimmy Thelusca • Pagoda Realty
    P: (610) 985-7700 jthelusca@pagodarpm.com

Property Details for 437 Spring Street

Status
MLS #
PABK2025218
Days on Market
204
Taxes
$3,117 / year
HOA Fees
-
Condo/Co-op Fees
-
Property Type
MLS Type
Multi-Family / Other
Year Built
1910
Lot Size
-
Tax ID Number
14-5307-51-75-7718
Ownership
Other
Structure Type
Detached
Style
Traditional
Waterfront
No
Views
Street
Garage
No
Expected On Market Date
01-05-2023
Municipality
READING CITY
Total Parking Spaces
0
Central Air
No
Above Grade Finished SQFT
5,100.00
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 Winterized Y/N
No
Property Condition
Good

Location

Listing Courtesy of Pagoda Realty

Sold By RE/MAX Services

Add your commute

Building Information for 437 Spring Street

Stories-Residences4Year Built1910Building Size-Lot Size-

Payment Calculator

Get preapproved with
OriginPoint Mortgage or Rocket Mortgage1

$3,131 per month

30 year fixed, 6.55% Interest

Principal and Interest

$2,871

Property Taxes

$260

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Know your buying power with a preapproval and custom rate in minutes

Rocket Mortgage1

Property Information for 437 Spring Street

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: 2023
  • Tax Assessed Value: $71,300
  • Year Assessed: 2023
  • County Tax: $546
  • Improvement Assessed Value: $54,700
  • City Town Tax: $1,293
  • Land Assessed Value: $16,600
  • Clean Green Assessed: No
  • Land Use Code: 4246
  • Zoning: COMMERCIAL/ MULTI FAMILY
  • Tax Lot: 7718
  • School Tax: $1,278
  • Automatically Update Tax Values Y/N: Yes
  • TaxDataUpdatedYN: No
Unit Information
Unit Information
  • Single Room Units Count: 0
  • One Bedroom Units Count: 4
  • Two Bedroom Units Count: 0
  • Three Bedroom Units Count: 0
Financial Information
Expenses
  • Electric Avg Month: $240
  • Electric Prev 12 Months: $2,880
Building Info
Building Info
  • Building Level Count: 3
  • Building Units Total: 4
Lot / Land Information
Lot / Land Information
  • Lot Size Dimensions: 0.00 x 0.00
  • Lot Dimensions Source: Assessor
  • Soil Types: Unknown
  • Parcel ID: 1454040
Parking
Parking
  • Type Of Parking: None
Interior Features
Interior Features
  • Accessibility Features: Other
Exterior Features
Exterior Features
  • Pool: No Pool
  • Other Structures: Above Grade, Below Grade
Utilities
Utilities
  • Utilities: Electric Available, Natural Gas Available, Water Available
  • Heating: Yes
  • Cooling Type: None
  • Cooling Fuel: None
  • Heating Type: Baseboard - Electric
  • Heating Fuel: Electric
  • Hot Water: 60+ Gallon Tank, Natural Gas
  • Water Source: Public
  • Sewer Septic: Public Sewer
  • Electric Service: 220 Volts
Confidential Data
Listing Office
  • List Agent AOR: Reading-Berks Association of REALTORS

Property History for 437 Spring Street

DateEvent & SourcePriceAppreciation
Mar 15, 2024

Closed

BRIGHT #PABK2025218

$564,900
Mar 14, 2024

Closed (Public Record)

Public Record #1529176834

$564,900

+24.2% / yr

Aug 21, 2023

Pending

BRIGHT #PABK2025218

DateEvent & SourcePrice
03/15/2024

Closed

BRIGHT #PABK2025218

$564,900
03/14/2024

Closed (Public Record)

Public Record #1529176834

$564,900

+24.2% / yr

08/21/2023

Pending

BRIGHT #PABK2025218

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

Public Records for 437 Spring Street

Taxable ValueLand$16,600Additions$161,900Total$178,500
Tax Record2026$5,039 ($420 / month)
Home Facts
Total Finished SqFt3,444 SqFtAbove Grade Finished SqFt3,444 SqFtStories3Lot Size2,614 SqFtStyleLaundryYear Built1910Year Renovated1910CountyBERKSAPN14-5307-51-75-7718

Schools near 437 Spring Street

This home is within Reading School District.
Rating
School
Type
Grades
Distance
Public - PK to 4
Public - 5 to 8
Public - 9 to 12
Private - PK to 8
Rating
School
Distance
Riverside 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.

Similar Homes

New listings in 19601

$179,900 | 320 Pear Street, Reading, PA 19601
1/31

$179,900

4
Bedrooms
1,440
Square Feet
0.03
Acres
$175,000 | 120 West Elm Street, Reading, PA 19601
Coming Soon

$175,000

Unavailable
Bedrooms
Unavailable
Bathrooms
1,080
Square Feet
0.04
Acres
$174,900 | 327 West Windsor Street, Reading, PA 19601
1/23
Listed By Coldwell Banker Realty

$174,900

5
Bedrooms
1,643
Square Feet
0.04
Acres
$90,000 | 1043 Walnut Street, Reading, PA 19601
1/31
Open: 8/30 12:00PM - 02:00PM

$90,000

3
Bedrooms
1,088
Square Feet
0.01
Acres
$139,900 | 523 Tulpehocken Street, Reading, PA 19601

$139,900

3
Bedrooms
931
Square Feet
0.02
Acres
$189,900 | 916 North 6th Street, Reading, PA 19601
1/25

$189,900

3
Bedrooms
1,872
Square Feet
0.05
Acres
$249,900 | 349 North 4th Street, Reading, PA 19601
1/23

$249,900

5
Bedrooms
2
Bathrooms
2,637
Square Feet
0.03
Acres
$144,900 | 833 Green Street, Reading, PA 19601
1/18

$144,900

2
Bedrooms
1,016
Square Feet
0.04
Acres
$799,900 | 351 North 6th Street, Reading, PA 19601
1/56

$799,900

8
Bedrooms
4
Bathrooms
5,000
Square Feet
0.05
Acres

Nearby home values

AddressSold priceBedsBathsSqftLot (Sqft)
This home: 437 Spring Street, Reading, PA 19601
$564,900
5,100
$133,000
6
2,164
1,742
$165,000
6
2,024
1,742
$165,000
5
2,024
1,742
1,682
$128,000
2,533
2,614

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.