1043 Franklin Street

Reading, PA 19602

$297,000
Price
Beds
Sq. Ft.
/ Sq. Ft.
Sq. Ft.
per Sq. Ft.

Description

Investors Delight. Building features 8 units 6 individual rooms all rented at reasonably low rents to promote long term tenants, plus nice one-bedroom apartment, and a coin operated laundromat consisting of 6 washer and 2 dryer hookups, not open at this time. A new gas heater installed August 2023 and 2 car off street parking. This is a turnkey cash flow multi-unit with Good tenants! Going, Going, Gone!Investors Delight. Building features 8 units 6 individual rooms all rented at reasonably low rents to promote long term tenants, plus nice one-bedroom apartment, and a coin operated laundromat consisting of 6 washer and 2 dryer hookups, not open at this time. A new gas heater installed August 2023 and 2 car off street parking. This is a turnkey cash flow multi-unit with Good tenants! Going, Going, Gone!
  1. Listed by Gary R Johnson • Sunrise Johnson's Real Estate
    P: 6103728880 realtorpro2u@aol.com

Property Details for 1043 Franklin Street

Tax ID Number
03-5316-21-19-0619
Ownership
Fee Simple
Structure Type
Interior Row/Townhouse
Style
Traditional
Waterfront
No
Garage
No
Expected On Market Date
02-12-2024
Cross Street
11th Street

Location

Listing Courtesy of Sunrise Johnson's Real Estate
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LISTING UPDATED: 04/18/2024 03:32 PM

Property Details for 1043 Franklin Street

StatusPending
MLS #PABK2038722
Days on Market67
Taxes$1,071 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeMulti-Family / Fee Simple
Year Built9999
Lot Size0.05 AC / 2,178 SF
CountyBerks County

Location

Listing Courtesy of Sunrise Johnson's Real Estate
Add your commute

Building Information for 1043 Franklin Street

Stories-Residences4Year Built9999Building Size-Lot Size0.05 AC / 2,178 SF

Payment Calculator

$1,710 per month

30 year fixed, 7.25% Interest

Principal and Interest

$1,621

Property Taxes

$89

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 1043 Franklin 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: 2022
  • Tax Assessed Value: $24,500
  • Year Assessed: 2023
  • County Tax: $188
  • Improvement Assessed Value: $13,500
  • City Town Tax: $444
  • Land Assessed Value: $11,000
  • Clean Green Assessed: No
  • Municipal Trash: Yes
  • Land Use Code: 4217
  • Zoning: RES
  • Tax Lot: 0619
  • School Tax: $439
  • Automatically Update Tax Values Y/N: No
Unit Information
Unit Information
  • Single Room Units Count: 6
  • One Bedroom Units Count: 1
  • Two Bedroom Units Count: 0
  • Three Bedroom Units Count: 0
  • Units Leased Count: 7
Financial Information
Financial Information
  • Gross Scheduled Income: $43,380
  • Annual Rental Income: $43,380
  • Income Includes: Apartment Rentals
  • Existing Lease Type: Month to Month
Building Info
Building Info
  • Building Level Count: 3
  • Building Units Total: 4
Lot / Land Information
Lot / Land Information
  • Lot Size Source: Assessor
  • Lot Size Dimensions: 0.00 x 0.00
  • Lot Dimensions Source: Assessor
  • Parcel ID: 1442222
  • Ground Rent Exists: No
Parking
Parking
  • Type Of Parking: Off Street, On Street
  • Off Street - # of Spaces: 2
  • Parking Features: Paved Parking
Interior Features
Interior Features
  • Fireplace: No
  • 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: None
  • Cooling Fuel: None
  • Heating Type: Radiator
  • Heating Fuel: Natural Gas
  • Hot Water: Electric
  • Water Source: Public
  • Sewer Septic: Public Sewer
Confidential Data
Listing Office
  • List Agent AOR: Reading-Berks Association of REALTORS

Property History for 1043 Franklin Street

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

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

Public Records for 1043 Franklin Street

Taxable ValueLand$11,000Additions$13,500Total$24,500
Tax Record2023$1,071 ($89 / month)
Home Facts
Total Finished SqFt2,622 SqFtAbove Grade Finished SqFt2,622 SqFtStories2Lot Size2,178 SqFtStyleMulti-Family Res (5+ Units)Year Built1900CountyBERKSAPN5316-21-19-0619

Schools near 1043 Franklin 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
Public - 6 to 7
Rating
School
Distance
Amanda E Stout Elementary School
PublicPK to 4

Southern 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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No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Sunrise Johnson's Real Estate

Based on information from one of the following Multiple Listing Services: BRIGHT, Greator Scranton Board 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, Greator Scranton Board 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.