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Off market
  • $110,700

    1040 Walnut St, Reading, PA 19601

    0beds
    0baths
    944sqft
    SingleFamily
    Built in 1900
    871.2 Acres Lot
    $110,700 Zestimate®
    $117/sqft
    $1,353 Estimated rent

    Home value

    $110,700

    $87,000 - $134,000

    $1,353/mo

    Zestimate® history
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    Owner options

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    $1,353/mo

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    $1,353/mo

    Rent Zestimate®

    Refinance and save

    $607/mo

    Est. payment

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    $607/mo

    Est. payment

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    What's special

    Great cash flow producing investment 2 unit end of row near City Park in very good condition. Unit 1 - 1st floor has 3 rooms, 1 BR, living, kitchen and bath. All electric unit with baseboard heat all tenant paid. 1 Year tenant at $500 per month. Unit 2 is an efficiency unit, 2 rooms, kitchen, BR and bath. All electric with baseboard heat all tenant paid. Unit is vacant but previously rented for $500 per month. Replacement windows. Shingle roof. Breaker panels. Fenced yard. Both units are very clean and good condition. Tenants currently split the water bill. Nearly 10k in net income a year! 25% CAP RATE!! Solid Investment property at a super affordable price! A must for your investment protfolio!

    This property is off market, which means it's not currently listed for sale or rent on Zillow. This may be different from what's available on other websites or public sources.

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 0
    • Bathrooms: 0
    Heating
    • Baseboard, Electric
    Cooling
    • None
    Interior area
    • Total interior livable area: 944 sqft

    Property

    Features
    • Exterior features: Other
    Lot
    • Size: 871.20 Acres
    Details
    • Parcel number: 08531769019298

    Construction

    Type & style
    • Home type: SingleFamily
    • Architectural style: Converted Dwelling
    Materials
    • steel
    Condition
    • Year built: 1900

    Community & neighborhood

    Location
    • Region: Reading

    Other

    Other facts
    • Construction Materials: Aluminum Siding, Asbestos
    • Heating YN: Y
    • Ownership Interest: Fee Simple
    • Property Type: Multi-Family
    • One Bedroom Units Count: 1
    • Single Room Units Count: 1
    • Architectural Style: Converted Dwelling
    • Structure Type: Townhouse/Rowhouse
    • Tax Annual Amount: 1138.0
    • Tax Lot: 9298
    • Standard Status: Active
    • Type of Parking: On Street
    • Pool: No Pool

    Price history

    DateEventPrice
    4/16/2018Sold$32,500-18.8%$34/sqft
    Source: Public Record Report a problem
    2/15/2018Listed for sale$40,000+53.8%$42/sqft
    Source: Re/Max Of Reading #1000158226 Report a problem
    7/26/2012Sold$26,000-3.3%$28/sqft
    Source: Public Record Report a problem
    6/7/2012Price change$26,900-3.6%$28/sqft
    Source: Prudential Landis Homesale Services #5982373 Report a problem
    3/22/2012Price change$27,900-3.5%$30/sqft
    Source: Prudential Landis Homesale Services #5982373 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$1,185 +1.5%$26,300
    2024$1,168 +1.6%$26,300
    2023$1,150 $26,300

    Find assessor info on the county website

    Neighborhood: 19601

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • High: Reading Senior
    • District: Reading

    Source: The MLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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    Sell for more on Zillow
    Get a free Zillow Showcase℠ listing and you could sell for .
    $110,700
    2% more+ $2,214
    With Zillow Showcase(estimated)
    $112,914