161 Clymer Street

Reading, PA 19602

$450,000
Price
6
Beds
3
Baths
3,428 Sq. Ft.
$131 / Sq. Ft.
3,428
Sq. Ft.
$131
per Sq. Ft.

Description

Check out this exceptional multi-family property once owned by George F. Baer (President of the Philadelphia and Reading Railroad) nestled on nearly 1.5 acres within the Reading School District. Offering a prime investment opportunity, this well-maintained property features three distinct apartment units, each designed to cater to diverse living needs. The first unit, situated on the first floor, is a cozy one-bedroom unit, providing a comfortable living environment. The second unit offers versatility...Check out this exceptional multi-family property once owned by George F. Baer (President of the Philadelphia and Reading Railroad) nestled on nearly 1.5 acres within the Reading School District. Offering a prime investment opportunity, this well-maintained property features three distinct apartment units, each designed to cater to diverse living needs. The first unit, situated on the first floor, is a cozy one-bedroom unit, providing a comfortable living environment. The second unit offers versatility with two bedrooms, perfect for those desiring added convenience and flexibility. The third unit stands out with over 1,700 sq/ft comprised of three bedrooms with one full and one half bathroom, providing generous living space for larger families seeking room to grow. The three-bedroom unit also features concrete floors, under its current flooring, and was once a grand ballroom, highlighting the property's rich heritage. Additionally, all of the apartments are one-floor living, which adds to the convenience and appeal of the property. The units on the second floor can be accessed from the rear of the property, where there is parking for 5 cars available. The two-bedroom apartment has its own laundry facilities, enhancing convenience for its residents. While the one-bedroom and three-bedroom units share laundry facilities, there is potential to add laundry to the three-bedroom unit, providing added flexibility. Additionally, the property features two separate garages and a storage unit, offering even more income opportunities. The first garage boasts nearly 1,200 sq/ft with impressive 11-foot ceilings, perfect for accommodating up to 5 cars or larger vehicles This garage also has a bathroom and access to the shared laundry. The second garage is over 500 sq/ft with plenty of space for 2 cars. Lastly, the large storage space with over 500 sq/ft that could be rented. Ten parking spots are available out front. There is also potential for additional income opportunities by renting parking spaces (3 Spaces currently rented) or by putting a deal together with the neighboring property that needs parking. The unique history of the property adds to its charm. Whether you're an investor seeking strong rental income or a homeowner looking for a multi-generational living solution, this multi-family property has it all. Don't miss out on the opportunity to own this gem in the heart of Reading. Schedule your showing today and experience the endless possibilities of multi-family living! Reach out for more information today!

Property Details for 161 Clymer Street

Tax ID Number
16-5316-06-29-9486
Ownership
Fee Simple
Structure Type
Detached
Style
Other, Converted Dwelling
Waterfront
No
Garage
Yes
Expected On Market Date
04-30-2024
Subdivision
READING

Location

Listing Courtesy of Keller Williams Platinum Realty
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LISTING UPDATED: 05/18/2024 03:28 AM

Property Details for 161 Clymer Street

StatusActive
MLS #PABK2042510
Days on Market19
Taxes$3,454 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeMulti-Family / Fee Simple
Year Built1918
Lot Size1.45 AC / 63,162 SF
CountyBerks County

Location

Listing Courtesy of Keller Williams Platinum Realty
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Building Information for 161 Clymer Street

Stories-Residences3Year Built1918Building Size-Lot Size1.45 AC / 63,162 SF

Payment Calculator

$2,744 per month

30 year fixed, 7.25% Interest

Principal and Interest

$2,456

Property Taxes

$288

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 161 Clymer Street

Location
Location
  • School District Name: READING
  • School District County ID: 300200397169
  • SchoolDistrictSource: Listing Agent
  • Elementary School: AMANDA E. STOUT (BERKS PA)
  • ElementarySchoolSource: Listing Agent
  • Middle Or Junior School: SOUTHERN (BERKS PA)
  • MiddleSchoolSource: Listing Agent
  • High School: READING SENIOR (BERKS PA)
  • HighSchoolSource: 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: $79,000
  • Year Assessed: 2023
  • County Tax: $605
  • Improvement Assessed Value: $16,500
  • City Town Tax: $1,432
  • Land Assessed Value: $62,500
  • Clean Green Assessed: No
  • Land Use Code: 4201
  • Zoning: R-3
  • Zoning Dscrp: Residential District
  • Tax Lot: 9486
  • School Tax: $1,416
  • School Tax Payment Frequency: Annually
  • Automatically Update Tax Values Y/N: Yes
  • TaxDataUpdatedYN: Yes
Lease Information
Lease Information
  • Owner Pays: Water, Sewer, Trash Collection
Unit Information
Unit Information
  • Single Room Units Count: 0
  • One Bedroom Units Count: 1
  • Two Bedroom Units Count: 1
  • Three Bedroom Units Count: 1
  • Other Units: Unit 1,Unit 2,Unit 3
  • Units Furnished: None
  • Units Leased Count: 2
  • Number Of Units Vacant: 1
  • Number Of Units Month To Month: 2
Multi Family
Unit 1
  • Type: Unit 1
  • Unit Type Occupied YN: Yes
  • Level: 1
  • Unit Type Finished SQFT: 503
  • Unit Type Lease Type: Month to Month
  • Beds Total: 1
  • Full Baths Count: 1
Unit 2
  • Type: Unit 2
  • Unit Type Occupied YN: Yes
  • Level: 2
  • Unit Type Finished SQFT: 1165
  • Unit Type Lease Type: Month to Month
  • Beds Total: 2
  • Full Baths Count: 1
Unit 3
  • Type: Unit 3
  • Unit Type Occupied YN: No
  • Level: 2
  • Unit Type Finished SQFT: 1760
  • Beds Total: 3
  • Half Baths Count: 1
  • Full Baths Count: 1
Financial Information
Financial Information
  • Existing Lease Type: Month to Month
Building Info
Building Info
  • Building Units Total: 3
  • Total Finished SQFT: 3,428.00
Lot / Land Information
Lot / Land Information
  • Lot Size Source: Assessor
  • Lot Size Dimensions: See Maps
  • Lot Dimensions Source: Estimated
  • Parcel ID: 1458294
Parking
Parking
  • Type Of Parking: Attached Garage, Parking Lot
  • Num of Attached Garage Spaces: 7
  • Total Garage Spaces: 7
  • Parking Lot - # of Spaces: 15
  • Parking Features: Circular Driveway, Parking Fee, Paved Parking
  • Garage Features: Additional Storage Area, Garage - Front Entry, Oversized
Interior Features
Interior Features
  • Interior Features: Carpet, Combination Kitchen/Dining, Kitchen - Eat-In, Attic/House Fan, Tub Shower
  • Fireplace: No
  • Appliances: Washer, Refrigerator, Built-In Microwave, Dishwasher, Dryer - Electric, Oven/Range - Electric
  • Accessibility Features: Level Entry - Main
Exterior Features
Exterior Features
  • Outdoor Living Structures: Balcony, Patio(s)
  • Pool: No Pool
  • Other Structures: Above Grade, Below Grade
Utilities
Utilities
  • Heating: Yes
  • Cooling Type: None
  • Cooling Fuel: None
  • Heating Type: Baseboard - Hot Water
  • Heating Fuel: Natural Gas
  • Hot Water: Electric
  • Water Source: Public
  • Sewer Septic: Public Sewer
  • Electric Service: Circuit Breakers
Confidential Data
Listing Office
  • List Agent AOR: Reading-Berks Association of REALTORS
  • List Agent URL: MoveWithMiller.com

Property History for 161 Clymer 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 161 Clymer Street

Taxable ValueLand$62,500Additions$16,500Total$79,000
Tax Record2023$3,454 ($288 / month)
Home Facts
Total Finished SqFt12,626 SqFtAbove Grade Finished SqFt12,626 SqFtStories3Lot Size63,162 SqFtStyleMulti-Family Res (5+ Units)Year Built1918CountyBERKSAPN5316-06-29-9486

Schools near 161 Clymer 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
Sixteenth & Haak El School
PublicPK to 4

Central 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.

Similar Homes

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Similar Sold Homes

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161 Clymer Street is a multi-family home for sale in Reading, PA 19602. This property was listed for sale on April 30, 2024 by Keller Williams Platinum Realty, it's currently listed at $450,000. It has been on the market for a total of 19 days and was last sold on April 8, 2016. This listing's school district is Reading School District. Nearby schools include Sixteenth & Haak El School, Central Middle School and Reading Senior High School. 161 Clymer Street is a 6-bed, 3-bath, 3,428 sqft multi-family home built in 1918.

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 Keller Williams Platinum Realty

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.