Reading, PA 19601,629 & 631 N 5TH ST
See all 48 photos
Reading, PA 19601,629 & 631 N 5TH ST
Reading, PA 19601,629 & 631 N 5TH ST
Reading, PA 19601,629 & 631 N 5TH ST
Reading, PA 19601,629 & 631 N 5TH ST

$675,000

Est. payment /mo

$765,000

11.8%
Est.Price: ?

For more information regarding the value of a property, please contact us for a free consultation.

629 & 631 N 5TH ST Reading, PA 19601

9,750 SqFt

SOLD DATE : 11/18/2022

Key Details

Sold Price $675,000

Property Type Commercial

Sub Type Five Or More Units

Listing Status Sold

Purchase Type For Sale

Square Footage 9,750 sqft

Price per Sqft $69

Subdivision Centre Park Histor

MLS Listing ID PABK2017494

Year Built 1915

Annual Tax Amount $5,912

Tax Year 2020

Lot Size 8,275 Sqft

Property Description

This Centre Park duplex includes two parcels... 629 and 631 N 5th St. Offered together, they include 10 apartments and 6 garages each with a parking space. ||| 629 N 5th St has four apartments, configured as #1 first floor front, a studio. #2 first floor rear, three bedrooms. #3 the entire second floor with really large rooms, one bedroom. #4 the entire third floor again with large rooms, 1.5 bathrooms and one super size bedroom... Tenants pay electric, gas... owner pays water, sewer, trash and recycling. ||| 631 N 5th St is attached to 629 N 5th, a very large duplex! 631 has 6 two bedroom apartments, two on each floor. These are huge apartments... with tenants paying electric, and gas for hot water and cooking fuel... owner pays heat produced by a natural gas fired 400,000 BTU Well McLean, 2 zone hot water heating system... owners other expenses include water, sewer, trash and recycling, lawn maintenance, snow removal. This location commands the best rents in Reading. When you give this property a tune up you will command premium rents. Today, rents are at or just under market value with room for improvement. Rented for $140 each there are 6 private garages each with one parking space and several storage lockers in the basement... three of these are rented for $35 each.

You will find stunning architecture through out the neighborhood, this corner building stands out as a true landmark at the intersection of N 5th and Oley Sts. Please allow 48 hours notice for showings, but make time to check it out... there really are none others like it!

Location

State PA

County Berks

Area Reading City (10201)

Zoning R3

Interior

Hot Water Natural Gas

Heating Baseboard - Hot Water

Cooling None

Flooring Partially Carpeted, Wood, Vinyl, Other

Exterior

Garage Spaces 6.0

Utilities Available Cable TV Available, Electric Available, Natural Gas Available, Phone Available, Sewer Available, Water Available

Water Access N

View Street, Other

Roof Type Shingle,Asphalt

Building

Lot Description Front Yard, Level, SideYard(s), Rear Yard, Zero Lot Line

Foundation Stone, Slab

Sewer Public Sewer

Water Public

New Construction N

Schools

High Schools Reading Senior

School District Reading

Others

Acceptable Financing Conventional

Listing Terms Conventional

Special Listing Condition Standard

Read Less

Want to know what your home might be worth? Contact us for a FREE valuation!

Submit

Our team is ready to help you sell your home for the highest possible price ASAP


Bright MLS (BMLS)
Listed by Sean H Moretti • Destination Realty LLC
Bought with Sandeep Sood • Equity MidAtlantic Real Estate

Jason Gareau

Broker

+1(609) 929-4486

GET MORE INFORMATION

Name
Phone*
Message

By registering you agree to our Terms of Service & Privacy Policy. Consent is not a condition of buying a property, goods, or services.