Price Reduction
Listed By:
Coldwell Banker Realty
Address
1208 Fidelity Street, Reading, PA
Price
$ 125,000
Property Attributes
  • MLS#PABK2040954
  • TypeTownhouse
  • CountyBERKS
  • CityReading
  • AreaReading City
  • NeighborhoodReading
  • Zip19604
  • StyleTraditional
  • Year Built1900
  • Taxes$ 1268
  • Price$ 125,000
  • Bedrooms3
  • Full Bathrooms1
  • Half Bathrooms0
  • Sqr Footage942
  • Lot Size871 SqFt
Data Source:
Bright MLS
Property Description

Introducing a lucrative investment opportunity - a portfolio of 3 properties in prime locations. This portfolio offers a diverse range of properties, each with its unique charm and potential for high returns. The properties included in this portfolio are: 1. 644 Birch St,Reading, PA,19604 2. 1130 Buttonwood St,Reading, PA,19604 3. 1208 Fidelity St, Reading, PA,19604 With a combined net operating income of $43216, this portfolio is a profitable venture. The owner's expenses are limited to real estate taxes and insurance, allowing for maximum profitability. Tenants are responsible for all utilities. The portfolio boasts an impressive cap rate of 11.5%, demonstrating the strong income potential and value of these properties. The entire portfolio is being offered at a package price of $375,000. However, the owner is open to selling each property individually. To inquire about the individual pricing for each property, please reach out for further details. It's important to note that all properties,are currently occupied. This provides immediate cash flow and reduces the need for finding new tenants. Investing in this 3-property portfolio offers a unique opportunity to diversify your real estate holdings and maximize your investment potential. Don't miss out on this chance to secure a strong and profitable investment. Contact us today to inquire about individual property prices and take the first step towards building your real estate portfolio.

Price History
3/19/2024 Listed $155,000
4/10/2024 17% - $130,000
5/9/2024 4% - $125,000

General Features

Sewer Public Sewer
Heating Forced Air
Cooling Window Unit(s)
Possession Immediate
Zoning RESI
Architectural Style Traditional
Construction Materials Brick
Year Built 1900
Levels 3
Tax Year 2023
Percent Ownership Fee Simple
Cool Fuel Electric
Accessibility None
County BERKS
New Construction No
Property Type Residential
HOA / Comm Assn No
Subdivision Name READING
Garage Y/N No
Water Access Y/N No
Other Structures Above Grade,Below Grade
Total Rooms 7
Status ACTIVE
Directions .
ModificationTimestamp 2024-05-18T03:24:46
City READING
Buyer Agent Compensation 2.5
Senior Community Y/N No
MLS Area Reading City (10201)
Lot Size Square Feet 871.00
Tax Assessed Value 29000.0
Waterfront Y/N No
Street Name FIDELITY
Tax Annual Amount 1268.0
Structure Type Interior Row/Townhouse
Condo/Coop Association Y/N No
Bathrooms Count Main Level 0.00
Price Per Sq Ft Total 132.7
Acceptable Financing Conventional,Cash,FHA
Vacation Rental Y/N No
Total SQFT 942
Days on Market 59
Standard Status Active
Year Built Source Assessor
Tax Lot 7044
Total Actual Rent 14400.00
Buyer Agent Compensation Type % Of Gross

Interior Features

Heating Fuel Natural Gas
Basement Full
Hot Water Electric
Basement (Y/N) Yes
Heating Y/N Yes
Fireplace Y/N No
Above Grade Finished Area 942
Full Baths 1
Street Suffix STREET
Central Air Y/N No
Total Bedrooms 3
Below Grade Finished Area Unit Type Square Feet
LivingAreaSource Assessor
Below Grade Unfin Area Units Square Feet
Below Grade Unfin SQFT Source Assessor
Below Grade Finished Area Source Assessor
Bedrooms Count All Upper Levels 3
Bedrooms Count Upper Level 1 2
Bedrooms Count Upper Level 2 1
Bathrooms Full Upper Level 1 1
Bathrooms Full All Upper Levels 1
Bathrooms Count Upper Level 1 1.00
Bathrooms Count All Upper Levels 1
Above Grade Finished Area Source Assessor
Above Grade Finished Area Unit Type Square Feet
Total Baths 1

Exterior Features

Pool No Pool
Water Source Public
Type of Parking On Street
Land Use Code 112R
Foundation Details Concrete Perimeter
Water View Y/N No
Lot Dimensions 0.00 x 0.00
Lot Size Acres 0.02
Lot Size Units Square Feet
Lot Size Source Assessor
Land Assessed Value 10000.00
Navigable Water Y/N No
Water Oriented Y/N No
LotDimensionsSource Assessor

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Pets
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Townhouse Average in 19604

Price
AVG $160K
$130K
Taxes
AVG $1,339
$1,268
Visits
AVG 95
145
Data Provided by Inside Real Estate®
Year Built
AVG 1902
1900

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