901 Gregg Avenue

Reading, PA 19607

$149,000
Last Sold Price
Beds
1,935 Sq. Ft.
$77 / Sq. Ft.
1,935
Sq. Ft.
$77
per Sq. Ft.

Description

Very well kept and fully occupied 3 unit! Brand new roof on this solid brick building with 2, 1-bedroom units, 1 efficiency on the 3rd floor and a garage. There is also a coin-op washer and dryer that remains with the property. The garage rents for $100/mth. This property has solid income. There are 2 gas furnaces and 3 gas water heaters in the clean, large basement. Owner owns all 3 fridges and the 2 stoves. Tenants pay their own electricity. 1st and 2nd floor apartments are very similar with kitchen,...Very well kept and fully occupied 3 unit! Brand new roof on this solid brick building with 2, 1-bedroom units, 1 efficiency on the 3rd floor and a garage. There is also a coin-op washer and dryer that remains with the property. The garage rents for $100/mth. This property has solid income. There are 2 gas furnaces and 3 gas water heaters in the clean, large basement. Owner owns all 3 fridges and the 2 stoves. Tenants pay their own electricity. 1st and 2nd floor apartments are very similar with kitchen, bedroom, living room and full bath. 3rd floor is a large efficiency with small kitchen and full bath. Very well maintained building and same owner for the last 40 years.
  1. Listed by David M Mattes • RE/MAX Of Reading
    P: 6106702770 dmattes@goberkscounty.com

Property Details for 901 Gregg Avenue

Tax ID Number
18-5306-64-33-9168
Ownership
Fee Simple
HOA
No
Structure Type
Twin/Semi-Detached
Style
Traditional
Waterfront
No
Garage
No
Expected On Market Date
03-28-2019

Location

Listing Courtesy of RE/MAX Of Reading

Sold By Home365

Add your commute
LISTING UPDATED: 03/02/2022 01:31 PM

Property Details for 901 Gregg Avenue

StatusClosed
MLS #PABK337134
Days on Market62
Taxes$3,397 / 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 Home365

Add your commute

Building Information for 901 Gregg Avenue

Stories-Residences3Year Built1930Building Size-Lot Size0.11 AC / 4,792 SF

Payment Calculator

$1,096 per month

30 year fixed, 7.25% Interest

Principal and Interest

$813

Property Taxes

$283

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 901 Gregg Avenue

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: 2018
  • Tax Assessed Value: $78,500
  • Year Assessed: 2018
  • County Tax: $601
  • Improvement Assessed Value: $54,100
  • City Town Tax: $1,389
  • Land Assessed Value: $24,400
  • Land Use Code: 161
  • Zoning: RES
  • Tax Lot: 9168
  • School Tax: $1,408
  • School Tax Payment Frequency: Annually
  • Tax Page Number: 21
  • Automatically Update Tax Values Y/N: Yes
Lease Information
Lease Information
  • Concessions: Yes
  • Concessions Amount: $750
Unit Information
Unit Information
  • Single Room Units Count: 1
  • One Bedroom Units Count: 2
  • Two Bedroom Units Count: 0
  • Three Bedroom Units Count: 0
  • Other Units: Unit 1,Unit 2,Unit 4,Unit 3
  • Units Furnished: None
  • Units Leased Count: 3
  • Number Of Units Vacant: 0
  • Number Of Units Month To Month: 2
Financial Information
Expenses
  • Operating Expense: $7,778
  • Operating Expense Includes: Trash
  • Insurance Expense: $590
Financial Information
  • Gross Income: $23,740
  • Gross Scheduled Income: $23,740
  • Net Operating Income: $15,372
  • Annual Rental Income: $22,740
  • Income Includes: Laundry, Apartment Rentals
  • Cap Rate: 10.40
  • Existing Lease Type: Month to Month, Yearly
Building Info
Building Info
  • Building Level Count: 3
  • Building Units Total: 3
Lot / Land Information
Lot / Land Information
  • Lot Size Source: Assessor
  • Parcel ID: 1465741
Parking
Parking
  • Type Of Parking: On Street
Interior Features
Interior Features
  • Appliances: Stove, Refrigerator
  • Accessibility Features: None
  • Window Features: Double Pane, Replacement, Vinyl Clad
Exterior Features
Exterior Features
  • Pool: No Pool
Utilities
Utilities
  • 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, Circuit Breakers
Confidential Data
Listing Office
  • List Agent AOR: Reading-Berks Association of REALTORS

Property History for 901 Gregg Avenue

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

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

Public Records for 901 Gregg Avenue

Taxable ValueLand$24,400Additions$54,100Total$78,500
Tax Record2023$3,432 ($286 / month)
Home Facts
Beds3Baths2.5Total Finished SqFt1,935 SqFtAbove Grade Finished SqFt1,935 SqFtStories2Lot Size4,792 SqFtStyleSingle Family ResidenceYear Built1930CountyBERKSAPN5306-64-33-9168Fireplace TypeHas Fireplace

Schools near 901 Gregg Avenue

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
Millmont 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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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.