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1531 N Reading Road

STEVENS, PA 17578

– beds
– baths
1,176 sqft
~2 acre lot
$501 per sqft
1950 build

One of the last available properties in East Cocalico Township with high density residential zoning. 2.3 acre lot currently with two rental homes but the potential for new construction of up to 11 units is allowable per zoning. 1200 sf rancher is currently rented for $1300 a month - tenant maintains yard. Second rental is 530 sf 1 bedroom currently vacant, previous rent was $700 per month - rent could be higher with improvements to the building. Plenty of off street parking. DO NOT enter the driveway without an appointment. Earn rental income while you make plans to develop this property!!

Listing courtesy of BRIGHT / Kingsway Realty - Ephrata

Last checked: Checking… • Last updated Apr 1, 2024 •

MLS# PALA2035932 —

This property is listed in more than one place. See it here.

The Building

Year Built:

1950
Year Built Source:

Assessor
Year Major Reno/Remodel:

2020
New Construction:

No
Construction Materials:

Stone
Structure Type:

Detached
Architectural Style:

Ranch/Rambler
Building Units Total:

2
Accessibility Features:

None
Foundation Details:

Block
Total SqFt Source:

Assessor
Total Below Grade SqFt Source:

Assessor
Tax Total Finished SqFt:

1176

Interior

Living Area SqFt Source:

Assessor

Room Dimensions

Total SqFt:

1176
Living Area SqFt:

1,176 Sqft

Financial & Terms

Sale Type:

Standard
Possession:

Negotiable

Location

Directions:

From Ephrata, 272 N, Property on Right
Latitude:

40.21605301
Longitude:

-76.12053680

The Property

Property Type:

Multi-Family
Property Subtype:

Other
Property Condition:

Very Good
Lot Size Units:

Square Feet
Lot Size Acres:

2.30
Lot Size Source:

Assessor
Lot Size Dimensions:

0.00 x 0.00
Lot Dimensions Source:

Assessor
Lot SqFt:

100,188 Sqft
Zoning:

RES
Zoning Description:

High Density Residential
Other Structures:

Above Grade, Below Grade
Water View:

No
Waterfront:

No
Water Oriented:

No
Water Access:

No
Navigable Water:

No
Tidal Water:

No
Land Use Code:

549
Riparian Rights:

No

Listing Agent

Contact info:

Taxes

Tax ID Number:

080-53359-0-0000
Tax Year:

2023
Tax Annual Amount:

$7,861
Tax Assessed Value:

$316,000
Year Assessed:

2023
School Tax:

6382.0
County Tax:

919.00
City/Town Tax:

558.00
Total Taxes Payment Frequency:

Annually

The Listing

Buyer's Brokerage Compensation:

2.5%
Buyer Agency Comp Type:

% Of Gross
Buyer Agency Comp Selection:

Percent

Heating & Cooling

Cooling Type:

Central A/C
Central Air:

Yes
Cooling Fuel:

Electric
Heating:

Yes
Heating Type:

Other
Heating Fuel:

Electric

Utilities

Sewer/Septic:

Public Sewer
Hot Water:

Electric
Water Source:

Public

Schools

School District Name:

Cocalico
School District Source:

Listing Agent

The Community

Pool:

No Pool

Parking

Total Garage and Parking Spaces:

2
Garage:

Yes
Garage Features:

Garage - Rear Entry
Garage Spaces:

2.00
Type of Parking:

Attached Garage, Driveway
# of Attached Garage Spaces:

2

Extra Units

Vacation Rental:

No
Single Room Units:

1
Two Bedroom Units:

1

Explore the Area

My Commute

From

Walk Score®

Provided by WalkScore® Inc.

Soundscore™

Provided by HowLoud

Sale history

Date	Event	Source	Price
12/18/23 Dec 18, 2023	Listed / Active	BRIGHT	$590,000
9/28/23 Sep 28, 2023	Sold Subject To Contingencies	BRIGHT	$590,000
6/6/23 Jun 6, 2023	Listed / Active	BRIGHT	$590,000

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This multifamily located in Reamstown, PA 17578 is currently for sale for $590,000. 1531 N Reading Road is a 1,176 square foot multifamily with – beds and – baths. This multifamily is in the attendance area of Cocalico Senior High School.

Listing Courtesy of: BRIGHT and Kingsway Realty - Ephrata.

The information included in this listing is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The information on each listing is furnished by the owner and deemed reliable to the best of his/her knowledge, but should be verified by the purchaser. BRIGHT MLS and Estately assume no responsibility for typographical errors, misprints or misinformation. This property is offered without respect to any protected classes in accordance with the law. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller.
The offer of compensation listed above is made to, and can only be accepted by, participants of the multiple listing service in which this listing is filed.