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161 Clymer Street, Reading, PA 19602
$450,000
161 Clymer Street, Reading, PA 19602View this property at 161 Clymer Street, Reading, PA 19602
161 Clymer StreetReadingPA19602
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Property Description
Check out this exceptional multi-family property once owned by George F. Baer (President of the Philadelphia and Reading Railroad) nestled on nearly 1.5 acres within the Reading School District. Offering a prime investment opportunity, this well-maintained property features three distinct apartment units, each designed to cater to diverse living needs. The first unit, situated on the first floor, is a cozy one-bedroom unit, providing a comfortable living environment. The second unit offers versatility with two bedrooms, perfect for those desiring added convenience and flexibility. The third unit stands out with over 1,700 sq/ft comprised of three bedrooms with one full and one half bathroom, providing generous living space for larger families seeking room to grow. The three-bedroom unit also features concrete floors, under its current flooring, and was once a grand ballroom, highlighting the property's rich heritage. Additionally, all of the apartments are one-floor living, which adds to the convenience and appeal of the property. The units on the second floor can be accessed from the rear of the property, where there is parking for 5 cars available. The two-bedroom apartment has its own laundry facilities, enhancing convenience for its residents. While the one-bedroom and three-bedroom units share laundry facilities, there is potential to add laundry to the three-bedroom unit, providing added flexibility. Additionally, the property features two separate garages and a storage unit, offering even more income opportunities. The first garage boasts nearly 1,200 sq/ft with impressive 11-foot ceilings, perfect for accommodating up to 5 cars or larger vehicles This garage also has a bathroom and access to the shared laundry. The second garage is over 500 sq/ft with plenty of space for 2 cars. Lastly, the large storage space with over 500 sq/ft that could be rented. Ten parking spots are available out front. There is also potential for additional income opportunities by renting parking spaces (3 Spaces currently rented) or by putting a deal together with the neighboring property that needs parking. The unique history of the property adds to its charm. Whether you're an investor seeking strong rental income or a homeowner looking for a multi-generational living solution, this multi-family property has it all. Don't miss out on the opportunity to own this gem in the heart of Reading. Schedule your showing today and experience the endless possibilities of multi-family living! Reach out for more information today!
Full Property Details
Full Property Details for 161 Clymer St
General
- Price: $450,000
- Taxes: $3,454 (2023)
- Status: Active
- Type: Triplex
- MLS ID: PABK2042510
- Updated: 5/18/2024
- Added to Site: 19 day(s) ago
Interior
- Interior Features: Carpet, Combination Kitchen/Dining, Kitchen - Eat-In, Attic/House Fan, Tub Shower
- Appliances: Washer, Refrigerator, Built-In Microwave, Dishwasher, Dryer - Electric, Oven/Range - Electric
- Flooring: Carpet, Ceramic Tile, Laminate Plank, Concrete
Exterior
- Porch/Patio/Deck: Balcony, Patio(s)
Parking
- Garage: Yes
- Garage Spaces: 7
- Total Spaces: 22
- Parking Features: Circular Driveway, Parking Fee, Paved Parking
- Parking Type: Attached Garage, Parking Lot
- Garage Description: Additional Storage Area, Garage - Front Entry, Oversized
Location
- Area: Reading City (10201)
- Municipality: READING CITY
- County: Berks
- Development Name: Reading
- Subdivision: Reading
- Cross Streets: Mineral Spring
- Driving Directions: From Perkiomen Ave to Clymer Street. Use GPS for best results.
School Information
- School District: Reading
- Elementary School: Amanda E. Stout
- Middle School: Southern
- High School: Reading Senior
Heating & Cooling
- Cooling Type: None
- Heating Type: Baseboard - Hot Water
- Heating Fuel: Natural Gas
- Water Heater: Electric
Utilities
- Sewer: Public Sewer
- Water: Public
Structural Information
- Architectural Info: Other, Converted Dwelling
- Architectural Style: Other, Converted Dwelling
- Structure Type: Detached
- Construction: Wood Siding, Vinyl Siding, Brick Front
- Basement: Yes
- Basement Desc.: Partial, Interior Access
- Foundation: Concrete Perimeter
- Roof: Architectural Shingle, Pitched
- Stories/Levels: 0
- Square Feet: 5,991
- Sq. Ft. Source: Estimated
- Living Area: 3,428 Sq. Ft.
- Finished Above Grnd: 3,428 Sq. Ft.
- Unfin. Above Grnd: 2,563 Sq. Ft.
- Year Built: 1918
- Year Built Source: Estimated
- Property Condition: Good
Unit Information
- Other Units: Unit 1, Unit 2, Unit 3
- 1 Bedroom Units: 1
- 2 Bedroom Units: 1
- 3 Bedroom Units: 1
Unit 1
- Unit Description: Unit 1
- Bedrooms: 1
Unit 2
- Unit Description: Unit 2
- Bedrooms: 2
Unit 3
- Unit Description: Unit 3
- Bedrooms: 3
Additional Structures
- Other Structures: None
Lot Features
- Lot Size (Acres): 1.45
- Lot Size (Sq. Ft.): 63,162
- Lot Size Source: Assessor
- Lot Dimensions: See Maps
- Zoning: R-3
Financial Considerations
- Price Per Sq. Ft.: $131.27
- Assessment Year: 2023
- School Tax: $1,416
- City/TownTax: $1,432
- City/TownTax Freq: Annually
- County Tax: $605
- County Tax Freq: Annually
- Tax w/Assessment: $79,000
- Tax Amount: $3,454
- Tax Year: 2023
- Owner Pays: Water, Sewer, Trash Collection
- Landlord Pays: Water, Sewer, Trash Collection
Disclosures and Reports
- Buyer’s Brokerage Compensation: 2.5%
- Ownership: Fee Simple
- Inclusions: 3 Refrigerators, 2 Washers and 2 Dryers
- Lot Number: 9486
Listed by Keller Williams Platinum Realty, Tyler C Miller
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Schools
Schools serving 161 Clymer St
School District:Reading School District
Rating | Name | Grades | Distance |
---|---|---|---|
1601 Haak St, Reading, PA 19602 | K-5 | 0.3 mi | |
215 N 12th St, Reading, PA 19604 | 5-8 | 0.5 mi | |
801 N 13th St, Reading, PA 19604 | 10-12 | 1.1 mi |
Disclaimer: School ratings provided by
GreatSchools. Ratings are on a scale of 1-10.
Learn more about GreatSchools ratings.
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 161 Clymer St
Date
Details
Price
Change
Source
4/30/2024
Listed
$450,000
157.14%
MLS
4/08/2016
Sold
$175,000
—
Public Record
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 161 Clymer St
Year
Property Taxes
Change
Tax Assessment
Change
2023
$3,454
—
$79,000
—
2022
$3,454
—
$79,000
—
2021
$3,454
1%
$79,000
—
2020
$3,419
—
$79,000
—
2019
$3,419
—
$79,000
—
2018
$3,419
1%
$79,000
—
2017
$3,396
1%
$79,000
—
2016
$3,355
5%
$79,000
—
2015
$3,197
1%
$79,000
—
2014
$3,158
—
$79,000
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 161 Clymer St
161 Clymer Street, Reading, PA 19602 (MLS# PABK2042510) is a Triplex property with 0 bedrooms and 0 full bathrooms. 161 Clymer Street is currently listed for $450,000 and was received on April 30, 2024. Want to learn more about 161 Clymer Street? Do you have questions about finding other Triplex real estate for sale in Reading? You can browse all Reading real estate or contact a Coldwell Banker agent to request more information.