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.

Property Details for 901 Gregg Avenue

StatusClosed
MLS #PABK337134
Year Built1930
DOM62
Compass TypeMulti Family
MLS TypeMulti-Family / Fee Simple
Lot Size0.11 AC / 4,792 SF
Taxes$3,397 / year
Condo/Co-op Fees-
HOA Fees-
CountyBerks County

Listing Agent

David M Mattes

RE/MAX Of Reading

dmattes@goberkscounty.com

P: 610.670.2770

Contact Agent(s)

Property Details for 901 Gregg Avenue

Municipality
READING CITY
Ownership
Fee Simple
Style
Traditional
Structure Type
Twin/Semi-Detached
Basement
Yes
County Name
BERKS PA

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,... 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.

Location

Listing Courtesy of RE/MAX Of Reading

Building Information for 901 Gregg Avenue

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

Payment Calculator

$819 per month

30 year fixed, 3.51% Interest

Principal and Interest

$536

Property Taxes

$283

HOA Dues

$0

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Property Information for 901 Gregg Avenue

Listing / Compensation / Market Information
    Listing Information
  • Buyer Agent Full Name: Sheldon Zimmerman (3234553)
  • Selling Agent Full Name: Sheldon Zimmerman
  • Listing Agent MLS ID: 3119119
  • Selling Agent MLS ID: 3234553
  • List Agent Full Name: David M Mattes (3119119)
  • List Agents: David M Mattes (3119119)
  • Buyer Agents: Sheldon Zimmerman (3234553)
  • Listing Agent Full Name: David M Mattes
Rental Info
    Rental Info
  • Existing Lease Type: Month to Month, Yearly
Interior / Building / Parking / Property Information
    Interior Details
  • Tax Total Finished SQFT: 1935
  • Above Grade Fin SQFT: 1935
  • Above Grade Finished Area Units: Square Feet
  • Total Finished SQFT: 1935
    Interior Features
  • Appliances: Stove, Refrigerator
  • Central Air: No
  • Cooling Type: Window Unit(s)
  • Heating: Yes
  • Heating Type: Hot Water
  • Window Features: Double Pane, Replacement, Vinyl Clad
    Parking Information
  • Garage: No
  • Type Of Parking: On Street
    Pool / Spa Information
  • Pool: No Pool
    Location Information
  • Cross Street: Clifton
  • Directions: Lancaster Ave heading toward Shillington, right on Hancock, left onto Meade, Left on top Clifton. Park on Clifton or Gregg.
  • MLS Area: Reading City (10201)
  • Sub System Locale: BRIGHT_MAIN
  • System Locale: BRIGHT
  • Tidal Water: No
  • Water View: No
  • Water Access: No
  • Water Oriented: No
  • Waterfront: No
    School Information
  • School District Name: READING
  • School District County ID: 300200397169
    Building Information
  • Accessibility Features: None
  • Building Units Total: 3
  • Building Level Count: 3
  • Construction Materials: Brick
  • New Construction: No
  • Other Structures: Above Grade, Below Grade
  • Roof: Pitched, Shingle
    Association Information
  • HOA: No
    Unit Information
  • Other Units: Unit 1,Unit 2,Unit 4,Unit 3
  • Number Of Units Month To Month: 2
  • Number Of Units Vacant: 0
  • One Bedroom Units Count: 2
  • Single Room Units Count: 1
  • Three Bedroom Units Count: 0
  • Two Bedroom Units Count: 0
  • Units Furnished: None
  • Units Leased Count: 3
    Income / Expense Information
  • Gross Income: $23,740
  • Gross Scheduled Income: $23,740
  • Income Includes: Laundry, Apartment Rentals
  • Insurance Expense: $590
  • Net Operating Income: $15,372
  • Operating Expense: $7,778
  • Operating Expense Includes: Trash
  • Annual Rental Income: $22,740
    Property Information
  • Property Type: Multi-Family
  • Land Use Code: 161
  • Lot Size Source: Assessor
  • Lot Size Units: Square Feet
  • Lot SQFT: 4792
  • Lot Size Acres: .11
  • Navigable Water: No
  • Property Condition: Average+
  • Zoning: RES
  • Age: 1930.0
    Utilities Information
  • Cooling Fuel: Electric
  • Electric Service: 200+ Amp Service, Circuit Breakers
  • Heating Fuel: Natural Gas
  • Hot Water: Natural Gas
  • Sewer Septic: Public Sewer
  • Water Source: Public
Room Information
    Basement
  • Basement Type: Full
  • Below Grade Fin SQFT: 0
  • Below Grade Fin SQFT Source: Assessor
  • Below Grade Finished Area Units: Square Feet
  • Below Grade Unfin Area Units: Square Feet
  • Below Grade Unfin SQFT: 0
  • Below Grade Unfin SQFT Source: Assessor
    Rooms
  • Room Count: 7
Tax / Assessment / Sale Information
    Tax / Assessment Information
  • City Town Tax: $1,389
  • County Tax: $601
  • School Tax: $1,408
  • School Tax Payment Frequency: Annually
  • Tax Annual Amount: $3,397
  • Tax Lot: 9168
  • Tax Page Number: 21
  • Tax Year: 2018
  • Tax ID Number: 18-5306-64-33-9168
  • Year Assessed: 2018
  • Improvement Assessed Value: $54,100
  • Land Assessed Value: $24,400
  • Tax Assessed Value: $78,500
    Sale Information
  • Acceptable Financing: Cash, Conventional, FHA, VA
  • Cap Rate: 10.40
  • Close Sale Type: Standard Sale
  • Possession: 31-60 Days CD, 61-90 Days CD, Immediate, 0-30 Days CD
  • Prospects Excluded: No
  • Sale Type: Standard
  • Vacation Rental: No

Property History for 901 Gregg Avenue

DateEvent & SourcePriceAppreciation
Jul 17, 2019Closed

BRIGHT #PABK337134

$149,000
May 31, 2019Pending

BRIGHT #PABK337134

Mar 28, 2019Listed (Active)

BRIGHT #PABK337134

$165,000
DateEvent & SourcePrice
07/17/2019
Closed

BRIGHT #PABK337134

$149,000
05/31/2019
Pending

BRIGHT #PABK337134

03/28/2019
Listed (Active)

BRIGHT #PABK337134

$165,000

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

Schools near 901 Gregg Avenue

AllElementaryMiddleHigh
SchoolTypeGradesDistanceRating
Opportunities SchoolPrivate1-80.2 mi
NR
Reading Sda Jr AcademyPrivatePK-100.4 mi
NR
Holy Name High SchoolPrivate9-120.6 mi
NR
Millmont El SchoolPublicPK-50.6 mi
2

Opportunities School

1-8, 0.2 mi, Private

NR

Reading Sda Jr Academy

PK-10, 0.4 mi, Private

NR

Holy Name High School

9-12, 0.6 mi, Private

NR

Millmont El School

PK-5, 0.6 mi, Public

2

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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Listing Courtesy of RE/MAX Of Reading
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