337 Douglass Street

Wyomissing, PA 19610

$155,000
Last Sold Price
Beds
796 Sq. Ft.
$195 / Sq. Ft.
796
Sq. Ft.
$195
per Sq. Ft.

Description

This is part of a package deal. Included is 337 and 337 Rear. Both units have their own separate deed and tax identification number. Front unit is a nice 2 bedroom ranch with a nice side yard with gas heat. Unit is rented month to month at $890. Rear unit, 337 R has it's own alleyway entrance and two off street parking spots. 337 R is a small 1/2 bedroom cottage with oil heat. The unit is rented at $600 a month and the tenant is month to month. If you're looking for a nice suburban rental with good...This is part of a package deal. Included is 337 and 337 Rear. Both units have their own separate deed and tax identification number. Front unit is a nice 2 bedroom ranch with a nice side yard with gas heat. Unit is rented month to month at $890. Rear unit, 337 R has it's own alleyway entrance and two off street parking spots. 337 R is a small 1/2 bedroom cottage with oil heat. The unit is rented at $600 a month and the tenant is month to month. If you're looking for a nice suburban rental with good numbers, look no further. With all the development going on in the area and the new medical school and major employers in walking distance (UGI, TeleFlex and Customers Bank), this is an area that many investors see as an up and coming location. The new Drexel University College of Medicine at Tower Health is only a 4 block walk from the property and is scheduled to open in the Fall of 2021 bringing in up to 200 medical students and professors. Current cap rate is a little over 8%, but with a few improvements and scheduled developments in the area, the units can demand a higher rent and capitalization rate moving forward.
  1. Listed by Nicholas Price • RE/MAX Of Reading
    P: 6106702770 nprice@goberkscounty.com

Property Details for 337 Douglass Street

Tax ID Number
96-5307-13-03-1679
Ownership
Fee Simple
HOA
No
Structure Type
Detached
Style
Bungalow, Ranch/Rambler
Waterfront
No
Garage
No
Subdivision
BERKSHIRE HEIGHTS

Location

Listing Courtesy of RE/MAX Of Reading

Sold By Keller Williams Elite

Add your commute
LISTING UPDATED: 08/25/2022 02:55 AM

Property Details for 337 Douglass Street

StatusClosed
MLS #PABK373190
Days on Market65
Taxes$1,952 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeMulti-Family / Fee Simple
Year Built1930
Lot Size0.11 AC / 4,792 SF
CountyBerks County

Location

Listing Courtesy of RE/MAX Of Reading

Sold By Keller Williams Elite

Add your commute

Building Information for 337 Douglass Street

Stories-Residences2Year Built1930Building Size-Lot Size0.11 AC / 4,792 SF

Payment Calculator

$1,009 per month

30 year fixed, 7.25% Interest

Principal and Interest

$846

Property Taxes

$163

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 337 Douglass Street

Location
Location
  • School District Name: WILSON
  • School District County ID: 300200397305
  • SchoolDistrictSource: Listing Agent
  • County: BERKS
  • MLS Area: Wyomissing Boro (10296)
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: 2020
  • Tax Assessed Value: $50,800
  • Year Assessed: 2021
  • County Tax: $389
  • Improvement Assessed Value: $23,100
  • City Town Tax: $229
  • Land Assessed Value: $27,700
  • Clean Green Assessed: No
  • Municipal Trash: Yes
  • Land Use Code: 101
  • Zoning: RESIDENTIAL
  • Tax Lot: 1679
  • School Tax: $1,334
  • School Tax Payment Frequency: Annually
  • Tax Page Number: 14
  • Automatically Update Tax Values Y/N: Yes
Lease Information
Lease Information
  • Owner Pays: Insurance, Taxes - Real Estate
  • Concessions: No
Unit Information
Unit Information
  • Single Room Units Count: 0
  • One Bedroom Units Count: 1
  • Two Bedroom Units Count: 2
  • Three Bedroom Units Count: 0
  • Other Units: Unit 1,Unit 2
  • Units Leased Count: 2
  • Rent Control: No
Multi Family
Unit 1
  • Type: Unit 1
  • Unit Type Occupied YN: Yes
  • Unit Type Finished SQFT: 630
  • Unit Type Lease Type: Month to Month
Unit 2
  • Type: Unit 2
  • Unit Type Occupied YN: Yes
  • Unit Type Finished SQFT: 796
  • Unit Type Lease Type: Month to Month
Financial Information
Financial Information
  • Gross Scheduled Income: $17,880
  • Net Operating Income: $15,064
  • Income Includes: Apartment Rentals
  • Existing Lease Type: Month to Month
Building Info
Building Info
  • Building Units Total: 2
  • Total Finished SQFT: 796.00
Lot / Land Information
Lot / Land Information
  • Lot Size Source: Assessor
  • Lot Size Dimensions: 0.00 x 0.00
  • Lot Dimensions Source: Assessor
  • Parcel ID: 1594927
Parking
Parking
  • Type Of Parking: Driveway, On Street
  • Driveway - # of Spaces: 2
Interior Features
Interior Features
  • Fireplaces Count: 0
  • Accessibility Features: None
Exterior Features
Exterior Features
  • Pool: No Pool
  • Other Structures: Above Grade, Below Grade
Utilities
Utilities
  • Heating: Yes
  • Cooling Type: None
  • Cooling Fuel: None
  • Heating Type: Hot Water
  • Heating Fuel: Natural Gas, Oil
  • Hot Water: Electric
  • Water Source: Public
  • Sewer Septic: Public Sewer
  • Electric Service: 100 Amp Service
Confidential Data
Listing Office
  • List Agent Office Ext: 3192
  • List Agent Preferred Phone Ext: 3192
  • List Agent AOR: Reading-Berks Association of REALTORS
  • List Agent URL: www.nickpricerealtor.com

Property History for 337 Douglass 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 337 Douglass Street

Taxable ValueLand$27,700Additions$23,100Total$50,800
Tax Record2023$2,304 ($192 / month)
Home Facts
Beds3Baths1Total Finished SqFt796 SqFtAbove Grade Finished SqFt796 SqFtStories1Lot Size4,792 SqFtStyleSingle Family ResidenceYear Built1930CountyBERKSAPN5307-13-03-1679

Schools near 337 Douglass Street

This home is within Wilson School District.
Rating
School
Type
Grades
Distance
Public - K to 5
Public - 6 to 8
Public - 9 to 12
Private - PK to 8
Rating
School
Distance
Spring Ridge El School
PublicK to 5

Wilson West Middle School
Public6 to 8

Wilson High School
Public9 to 12

Sacred Heart Grade 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.