2600 Prospect Street

Reading, PA 19606

$599,900
Price
8
Beds
4
Baths
3,800 Sq. Ft.
$158 / Sq. Ft.
3,800
Sq. Ft.
$158
per Sq. Ft.

Description

Absolutely immaculate and impeccably maintained & updated suburban 4 unit, residential multi family building, perfect for the savvy investor or owner occupant who may want their monthly mortgage payment covered by the three other tenants in the building, as well as four attached rental garages, and a coin operated laundry on site. All apartments are two bedroom and one full bath, with spacious living rooms, dining rooms, kitchens, and some form of covered porch/sun room with each unit. All apartment...Absolutely immaculate and impeccably maintained & updated suburban 4 unit, residential multi family building, perfect for the savvy investor or owner occupant who may want their monthly mortgage payment covered by the three other tenants in the building, as well as four attached rental garages, and a coin operated laundry on site. All apartments are two bedroom and one full bath, with spacious living rooms, dining rooms, kitchens, and some form of covered porch/sun room with each unit. All apartment appliances remain. The natural gas heater and water heating system was installed in 2013 and is a 95% efficiency unit with service contract. Windows replaced between 2012 and 2014, additional insulation was added to the attic bringing it to an R30 value, main roof and gutters were replaced in 2015, the front rubber roof was replaced in 2023, coin operated washer was replaced in 2021 and the entire exterior of the building was painted in 2015. One look at this property and you will see that the current owners cared about their investment as well as the tenants, who have lived there for decades. Rents are slightly under current market, as are the garages, and can easily be raised. This may be the nicest multi unit property you will ever see, and now is your opportunity to make it yours!
  1. Listed by Dave Decembrino • RE/MAX Of Reading
    P: 6106702770 ddecembrino@goberkscounty.com

Property Details for 2600 Prospect Street

Tax ID Number
23-5326-05-09-8916
Ownership
Fee Simple
Structure Type
Detached
Style
Other
Waterfront
No
Views
Park/Greenbelt
Garage
Yes
Expected On Market Date
05-17-2024

Location

Listing Courtesy of RE/MAX Of Reading
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LISTING UPDATED: 05/28/2024 01:39 PM

Property Details for 2600 Prospect Street

StatusPending
MLS #PABK2043270
Days on Market10
Taxes$7,218 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeMulti-Family / Fee Simple
Year Built1955
Lot Size0.39 AC / 16,988 SF
CountyBerks County

Location

Listing Courtesy of RE/MAX Of Reading
Add your commute

Building Information for 2600 Prospect Street

Stories-Residences4Year Built1955Building Size-Lot Size0.39 AC / 16,988 SF

Payment Calculator

$3,875 per month

30 year fixed, 7.25% Interest

Principal and Interest

$3,274

Property Taxes

$602

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 2600 Prospect Street

Location
Location
  • School District Name: ANTIETAM
  • School District County ID: 300200397315
  • SchoolDistrictSource: Listing Agent
  • High School: ANTIETAM MIDDLE SENIOR (BERKS PA)
  • County: BERKS
  • MLS Area: Lower Alsace Twp (10223)
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: 2024
  • Tax Assessed Value: $113,100
  • Improvement Assessed Value: $70,700
  • Land Assessed Value: $42,400
  • Clean Green Assessed: No
  • Municipal Trash: No
  • Land Use Code: 4215
  • Agricultural Tax Due: No
  • Historic: No
  • Zoning: NEIGHBORHOOD SPOT
  • Zoning Dscrp: Residential Low Rise 1-4 unit, garden apartment
  • Tax Lot: 8916
  • Automatically Update Tax Values Y/N: No
Lease Information
Lease Information
  • Owner Pays: All Utilities, Common Area Maintenance, Electricity, Gas, Heat, Heater Maintenance Contract, Insurance, Repairs, Sewer, Sewer Maintenance, Taxes - Real Estate, Trash Collection, Water
Unit Information
Unit Information
  • Single Room Units Count: 0
  • One Bedroom Units Count: 0
  • Two Bedroom Units Count: 4
  • Three Bedroom Units Count: 0
  • Other Units: Unit 1,Unit 2,Unit 4,Unit 3
  • Units Leased Count: 4
  • Number Of Units Vacant: 0
  • Number Of Units Month To Month: 4
  • Rent Control: No
Multi Family
Unit 1
  • Type: Unit 2
  • Unit Type Occupied YN: Yes
  • Beds Total: 2
  • Half Baths Count: 0
  • Full Baths Count: 1
  • Unit Type Baths Total: 1
  • Total Rooms: 5
Unit 2
  • Type: Unit 3
  • Unit Type Occupied YN: Yes
  • Beds Total: 2
  • Half Baths Count: 0
  • Full Baths Count: 1
  • Unit Type Baths Total: 1
  • Total Rooms: 6
Unit 3
  • Type: Unit 4
  • Unit Type Occupied YN: Yes
  • Beds Total: 2
  • Half Baths Count: 0
  • Full Baths Count: 1
  • Unit Type Baths Total: 1
  • Total Rooms: 5
Unit 4
  • Type: Unit 1
  • Unit Type Occupied YN: Yes
  • Beds Total: 2
  • Half Baths Count: 0
  • Full Baths Count: 1
  • Unit Type Baths Total: 1
  • Total Rooms: 6
Financial Information
Expenses
  • Operating Expense: $18,436
  • Operating Expense Includes: Insurance, Trash
  • Insurance Expense: $2,822
Financial Information
  • Annual Rental Income: $56,640
  • Income Includes: Apartment Rentals, Parking
  • Existing Lease Type: Month to Month
Building Info
Building Info
  • Building Level Count: 2
  • Building Units Total: 4
Lot / Land Information
Lot / Land Information
  • Lot Size Source: Estimated
  • Road Surface Type: Black Top
  • Road Responsibility: Boro/Township
  • Location Type: Suburban
  • Parcel ID: 1470155
  • Ground Rent Exists: No
Parking
Parking
  • Type Of Parking: Driveway, Parking Lot, Attached Garage
  • Num of Attached Garage Spaces: 4
  • Total Garage Spaces: 4
  • Parking Lot - # of Spaces: 4
  • Parking Features: Private
  • Garage Features: Basement Garage, Built In, Garage - Rear Entry
Interior Features
Interior Features
  • Fireplace: No
  • Appliances: Oven/Range - Gas, Refrigerator
  • Accessibility Features: None
  • Window Features: Replacement
Exterior Features
Exterior Features
  • Spa: No
  • Exterior Features: Sidewalks, Street Lights
  • Outdoor Living Structures: Balconies- Multiple, Enclosed, Porch(es), Roof, Screened
  • Pool: No Pool
  • Other Structures: Above Grade
Utilities
Utilities
  • Utilities: Cable TV Available
  • Heating: Yes
  • Cooling Type: Window Unit(s)
  • Cooling Fuel: Electric
  • Heating Type: Hot Water
  • Heating Fuel: Natural Gas
  • Hot Water: Natural Gas
  • Water Source: Public
  • Sewer Septic: Public Sewer
  • Electric Service: 200+ Amp Service
  • Internet Services: Cable
Confidential Data
Listing Office
  • List Agent Office Ext: 3161
  • List Agent Preferred Phone Ext: 3161
  • List Agent AOR: Tri-County Suburban REALTORS

Property History for 2600 Prospect 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 2600 Prospect Street

Taxable ValueLand$42,400Additions$70,700Total$113,100
Tax Record2024$2,514 ($210 / month)
Home Facts
Total Finished SqFt5,550 SqFtAbove Grade Finished SqFt5,550 SqFtStories2Lot Size16,988 SqFtStyleMulti-Family Res (5+ Units)Year Built1955CountyBERKSAPN5326-05-09-8916

Schools near 2600 Prospect Street

This home is within Antietam School District.
Rating
School
Type
Grades
Distance
Public - K to 2
Public - 2 to 6
Public - 7 to 12
Private - PK to 8
Rating
School
Distance
Mt Penn Primary Center
PublicK to 2

Mount Penn Elementary School
Public2 to 6

Antietam Middle School/High School
Public7 to 12

St. Catharine of Siena 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.

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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 RE/MAX Of Reading

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.