223 South 13th Street

Reading, PA 19602

$165,000
Last Sold Price
3
Beds
2
Baths
1,379 Sq. Ft.
$120 / Sq. Ft.
1,379
Sq. Ft.
$120
per Sq. Ft.

Description

Great 2-Unit Investment Property to add to your portfolio! This property has a good rate of return at 12%. This 2-unit is an end of row, conveniently located near city park with easy access to the bus route, and is fully occupied. Unit 1 is on the first floor with access at the rear of the building. It’s comprised of 3 rooms, 1 BR, living room, kitchen and full bath. There is also an enclosed front porch that adds to the living space of this unit. This unit is rented for $850.00 a month. Unit 2 is...Great 2-Unit Investment Property to add to your portfolio! This property has a good rate of return at 12%. This 2-unit is an end of row, conveniently located near city park with easy access to the bus route, and is fully occupied. Unit 1 is on the first floor with access at the rear of the building. It’s comprised of 3 rooms, 1 BR, living room, kitchen and full bath. There is also an enclosed front porch that adds to the living space of this unit. This unit is rented for $850.00 a month. Unit 2 is made up of 5 rooms and is located on the 2nd and 3rd floor, access is on the side of this house. This unit has 2 private bedrooms, a kitchen, living room and full bathroom, with hardwood floors and is rented for 1100.00 a month. Tenants pay for heat and hot water. Owner pays taxes, insurance and water/sewer/trash.

Property Details for 223 South 13th Street

Tax ID Number
16-5316-22-28-2853
Ownership
Fee Simple
Structure Type
End of Row/Townhouse
Style
Converted Dwelling, Traditional
Waterfront
No
Garage
No
Expected On Market Date
12-21-2022
Cross Street
CHESTNUT

Location

Add your commute
LISTING UPDATED: 02/14/2023 12:46 PM

Property Details for 223 South 13th Street

StatusClosed
MLS #PABK2024840
Days on Market20
Taxes$1,556 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeMulti-Family / Fee Simple
Year Built1900
Lot Size0.02 AC / 871 SF
CountyBerks County

Location

Add your commute

Building Information for 223 South 13th Street

Stories-Residences2Year Built1900Building Size-Lot Size0.02 AC / 871 SF

Payment Calculator

$1,030 per month

30 year fixed, 7.25% Interest

Principal and Interest

$900

Property Taxes

$130

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 223 South 13th Street

Location
Location
  • School District Name: READING
  • School District County ID: 300200397169
  • SchoolDistrictSource: Listing Agent
  • High School: READING SENIOR (BERKS PA)
  • 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
Association / Community Info
Association / Community Info
  • Association Recreation Fee Y/N: No
Taxes and Assessment
Taxes and Assessment
  • Tax Year: 2022
  • Tax Assessed Value: $35,600
  • Year Assessed: 2022
  • County Tax: $273
  • Improvement Assessed Value: $30,100
  • City Town Tax: $645
  • Land Assessed Value: $5,500
  • Clean Green Assessed: No
  • Land Use Code: 123R
  • Zoning: R-3
  • Tax Lot: 2853
  • School Tax: $638
  • Automatically Update Tax Values Y/N: Yes
Lease Information
Lease Information
  • Owner Pays: Taxes - Personal property, Taxes - Real Estate, Trash Collection, Water
  • Concessions: No
Unit Information
Unit Information
  • Single Room Units Count: 0
  • One Bedroom Units Count: 0
  • Two Bedroom Units Count: 1
  • Three Bedroom Units Count: 0
  • Other Units: Unit 1,Unit 2
  • Units Leased Count: 2
Multi Family
Unit 1
  • Type: Unit 2
  • Unit Type Occupied YN: Yes
  • Unit Type Lease Type: None
  • Beds Total: 2
  • Half Baths Count: 0
  • Full Baths Count: 1
  • Unit Type Baths Total: 1
Unit 2
  • Type: Unit 1
  • Unit Type Occupied YN: Yes
  • Level: 1
  • Unit Type Lease Type: Yearly
  • Beds Total: 1
  • Half Baths Count: 0
  • Full Baths Count: 1
  • Unit Type Baths Total: 1
  • Total Rooms: 3
Financial Information
Expenses
  • Operating Expense: $3,356
  • Operating Expense Includes: Insurance, Trash
Financial Information
  • Income Includes: Apartment Rentals
  • Cap Rate: 12.00
  • Existing Lease Type: Yearly
Building Info
Building Info
  • Building Level Count: 3
  • Building Units Total: 2
Lot / Land Information
Lot / Land Information
  • Lot Size Source: Assessor
  • Lot Size Dimensions: 0.00 x 0.00
  • Lot Dimensions Source: Assessor
  • Parcel ID: 1458564
Parking
Parking
  • Type Of Parking: On Street
Interior Features
Interior Features
  • Fireplace: No
  • Fireplaces Count: 0
  • Accessibility Features: None
Exterior Features
Exterior Features
  • Exterior Features: Sidewalks, Street Lights
  • Pool: No Pool
  • Other Structures: Above Grade, Below Grade
Utilities
Utilities
  • Heating: Yes
  • Cooling Type: Window Unit(s)
  • Cooling Fuel: Electric
  • Heating Type: Baseboard - Electric, Other
  • Heating Fuel: Electric, Natural Gas
  • Hot Water: Electric, Natural Gas
  • Water Source: Public
  • Sewer Septic: Public Sewer
Confidential Data
Listing Office
  • List Agent AOR: Reading-Berks Association of REALTORS

Property History for 223 South 13th 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 223 South 13th Street

Taxable ValueLand$5,500Additions$30,100Total$35,600
Tax Record2023$1,556 ($130 / month)
Home Facts
Baths2Total Finished SqFt1,275 SqFtAbove Grade Finished SqFt1,275 SqFtStories2Lot Size871 SqFtStyleMulti-Family Dwelling (2-4)Year Built1900CountyBERKSAPN5316-22-28-2853

Schools near 223 South 13th 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.

Similar Homes

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Similar Sold Homes

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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.

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.