1012 Penn Street
Reading, PA 19602

  • – beds
  • – baths
  • 2,950 sqft
  • 2,178 sqft lot
  • $64 per sqft
  • 1915 build

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Concrete and Brick building with a rear yard! Both apartments are spacious, offer great light with lots of windows, updated flooring, are in good condition, and are generous in size. The building has an updated roof, windows, porch, and HVAC unit. Unit 1 (1 BR) has a new qualified tenant with a lease starting 3/1/2023 - $850/month rent + tenant pays electric/internet/cable. Unit 2 (3 BR) has a long-term (9-year) tenant paying $850 + tenant pays electric/internet/cable/gas month to month. (The current market value for the 3-bedroom unit is $1,400). The long-term tenant would like to continue staying as a tenant with new owners. Please allow 48 hours advance notice for tours to allow the owner to notify tenants. The owner is selling "AS IS" new owners will be responsible for ANY and ALL repairs and/or city requirements. Owner currently pays: taxes, water, sewer/trash, and hallway electricity.

BRIGHT MLS logo Listing courtesy of BRIGHT / BHHS Fox & Roach-Allentown

Last checked: Checking… • Last updated Sep 7, 2023 •

MLS# PABK2025616 —

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Sale history

Date Event Source Price % Change
2/23/23
GLVR
2/19/23
Price Changed BRIGHT $250,000 16.3%
2/15/23
Listed / Active BRIGHT $215,000

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Multifamily Sold on 8/17/2023

$190,000

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Listing provided by broker:

Marissa Burkholder

BHHS Fox & Roach-Allentown

clientservices@foxroach.com

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BRIGHT MLS logo Listing Courtesy of: BRIGHT and BHHS Fox & Roach-Allentown.

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