BACK ON THE MARKET DUE TO BUYER'S FINANCING FALLING THROUGH (AFTER INSPECTION AND APPRAISAL CONTINGENCIES HAD ALREADY BEEN MET).....A RARELY OFFERED TRUE-BLUE "QUADRAPLEX" 4-UNIT MULTI-FAMILY BUILDING IN GOOD CONDITION! Building is fully occupied with loyal and mostly long-term tenants who pay their rent on time! Located in the "Centre Park Historic District." Boasting nearly 3,500 sq ft of living space (with large rooms in each unit), this gem offers old world charm with original of woodwork meets modern touches. Such a beautiful community and picturesque block! This building consists of three 1-bedroom apartment units plus one 2-bedroom apartment unit, with a serene backyard in the rear. It features a newer energy efficient heating system and is ripe for owner-occupants who'd like to have the rent-paying tenants help defray the mortgage and expenses. The new owner benefit from the revenue generated by the coin-operated washers and dryers located on-site which helps defray the landlord’s utility cost. Investors will also love this GREAT opportunity in this sought after, historical neighborhood. Must see in person to fully appreciate this one. NOTE: Seller may possibly consider an “assist/concession” for the right, qualified buyer with an attractive offer. Sellers says make ALL written offers known!
Sold for $290,000 on 10/17/24
$290,000
738 N 3rd St, Reading, PA 19601
5beds
--baths
3,379sqft
Quadruplex
Built in 1910
-- sqft lot
$302,500 Zestimate®
$86/sqft
$1,307 Estimated rent
Owner options
What's special
Zillow last checked: 7 hours ago
Listing updated: October 18, 2024 at 03:38am
Listed by:
Amber Noble 732-991-9426,
Keller Williams Main Line
Bought with:
Edward Stauffer, RS294153
RE/MAX Of Reading
Source: Bright MLS,MLS#: PABK2042088
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 5
Basement
- Area: 0
Heating
- Radiant, Natural Gas
Cooling
- None, Natural Gas
Appliances
- Included: Gas Water Heater
Features
- Basement: Unfinished
- Has fireplace: No
Interior area
- Total structure area: 3,379
- Total interior livable area: 3,379 sqft
Property
Parking
- Parking features: On Street
- Has uncovered spaces: Yes
Accessibility
- Accessibility features: None
Features
- Pool features: None
Lot
- Size: 3,920 sqft
Details
- Additional structures: Above Grade, Below Grade
- Parcel number: 14530758646561
- Zoning: MULTI
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Architectural style: Victorian
- Property subtype: Quadruplex
Materials
- Brick
- Foundation: Brick/Mortar, Concrete Perimeter
Condition
- Good
- New construction: No
- Year built: 1910
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Underground Utilities
Community & neighborhood
Location
- Region: Reading
- Subdivision: Centre Park Histor
- Municipality: READING CITY
HOA & financial
Other financial information
- Total actual rent: 34440
Other
Other facts
- Listing agreement: Exclusive Right To Sell
- Income includes: Apartment Rentals, Laundry
- Listing terms: Cash,Conventional,FHA,VA Loan
- Ownership: Fee Simple
Sell for more on Zillow
Get a Zillow Showcase℠ listing at no additional cost and you could sell for .
$302,500
2% more+$6,050
With Zillow Showcase(estimated)$308,550