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$201,000
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Property Description
Prime Investment Opportunity in Reading!** This well-maintained, 2-unit property offers incredible potential for investors or owner-occupants alike. Unit 1 is a spacious 1-bedroom apartment, projected to rent for over $900/month, and will be delivered vacant-perfect for immediate occupancy or income generation. Unit 2 is a 3-bedroom apartment, currently rented for $1,250/month, providing steady cash flow. Whether you're looking to expand your investment portfolio or live in one unit while renting the other, this property is a rare find in today's market. Don't miss out on this outstanding opportunity!
Full Property Details
Full Property Details for 1316 N 12th St
General
- Sold For: $201,000
- Taxes: $1,419 (2017)
- Status: Closed
- Type: Duplex
- Source: BrightMLSPhilly
- MLS ID: PABK2048838
- Added to Site: 118 day(s) ago
Interior
- Interior Features: Ceiling Fan(s)
Exterior
- Exterior Features: Sidewalks, Street Lights
Parking
- Parking Type: On Street
Location
- Area: Reading City (10201)
- Municipality: READING CITY
- County: Berks
- Development Name: Northeast Reading
- Subdivision: Northeast Reading
- Cross Streets: Perry
- Driving Directions: .
School Information
- School District: Reading
- Middle School: Northeast
- High School: Reading Senior
Heating & Cooling
- Cooling Type: None
- Heating Type: Forced Air
- Heating Fuel: Natural Gas
- Water Heater: Natural Gas
Utilities
- Sewer: Public Sewer
- Water: Public
Structural Information
- Architectural Info: Other
- Architectural Style: Other
- Structure Type: Interior Row/Townhouse
- Construction: Stone
- Basement: Yes
- Basement Desc.: Full
- Foundation: Other
- Roof: Flat, Pitched, Shingle
- Stories/Levels: 0
- Square Feet: 1,706
- Sq. Ft. Source: Assessor
- Living Area: 1,706 Sq. Ft.
- Finished Above Grnd: 1,706 Sq. Ft.
- Year Built: 1910
- Year Built Source: Assessor
Unit Information
- Other Units: Unit 1, Unit 2
- 1 Bedroom Units: 1
- 3 Bedroom Units: 1
Unit 1
- Unit Description: Unit 1
- Total Bathrooms: 1
- Bedrooms: 1
Unit 2
- Unit Description: Unit 2
- Total Bathrooms: 1
- Bedrooms: 3
Lot Features
- Lot Size (Acres): 0.04
- Lot Size (Sq. Ft.): 1,742
- Lot Size Source: Assessor
- Lot Dimensions: 0.00 x 0.00
- Zoning: RES
Financial Considerations
- Price Per Sq. Ft.: $123.68
- Assessment Year: 2024
- City/TownTax: $598
- City/TownTax Freq: Annually
- County Tax: $275
- County Tax Freq: Annually
- Tax w/Assessment: $33,000
- Tax Amount: $1,419
- Tax Year: 2017
- Terms: Standard Sale
- Owner Pays: Heat, Sewer, Water
- Landlord Pays: Heat, Sewer, Water
- Tax Total Finished Sq. Ft.: 1706
Disclosures and Reports
- Ownership: Fee Simple
- Lot Number: 5469
Listed by Realty One Group Exclusive, Nelson F Gamez
Sold by Realty One Group Exclusive, Lucas Bryan Kramer
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Schools
Schools serving 1316 N 12th St
School District:Reading School District
Rating | Name | Grades | Distance |
---|---|---|---|
1600 N 13th St, Reading, PA 19604 | K-5 | 0.3 mi | |
1216 N 13th St, Reading, PA 19604 | 6-7 | 0.1 mi | |
801 N 13th St, Reading, PA 19604 | 10-12 | 0.5 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 1316 N 12th St
Date
Details
Price
Change
Source
10/25/2024
Sold
$201,000
-4.74%
MLS
9/23/2024
Price Increased
$211,000
6.08%
MLS
9/19/2024
Listed
$198,900
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
1316 N 12th Street, Reading, PA 19604 (MLS# PABK2048838) is a Duplex property that was sold at $201,000 on October 25, 2024. Want to learn more about 1316 N 12th Street? Do you have questions about finding other Duplex real estate for sale in Reading? You can browse all Reading real estate or contact a Coldwell Banker agent to request more information.