140 W Windsor Street

    Reading, PA 19601
    • $79,900
    • STATUS: Active
    • ON SITE: 62 days
    • ID#: 7199771
    UPDATED: 36 min ago
    $79,900
    • 0
      BEDS
    • 0.04
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 2,000
      SQFT
    • $40
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1918
    County:

    School Information

    High School:
    School District:
    Listing courtesy of Re/Max Of Reading.

    Description

    Very large classic Queen Anne Victorian 2 unit in very good condition. Each unit pays it's own utilities including heat. Unit 1 is a former doctor's office and consists of 3 rooms all on the 1st floor, 1 BR, large living rm with ornamental fireplace, modern kitchen & bath, elec. baseboard heat, C/A & electric water heater. Unit 2 consists of 5 rooms on 2nd & 3rd floors, 3 BRS, very large LR, Dining area, large modern kitchen with breakfast area and exposed brick wall, small deck off kitchen with stairs to the rear yard. Built-in wall unit AC, replacements windows, tiled bath, gas boiler & electric water heater. Recent updates include 200 AMP electric & new rubber roofs. Basement is clean & dry with access to it/s own private alley exiting to the front & rear. Rents are very low. Unit 1 should be around $700 and unit 2 around $850. Owner's son lives in unit 1 and his employee in unit 2. Cap rate at 13% but could be around 17% with the rents at market value. solid investment property and perfect for an owner occupant to offset living expenses. Will not last in this hot market!

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    The data relating to real estate for sale on this website appears in part through the TREND Internet Data Exchange program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms in which Remax Preferred | Scott Kompa Group participates, and is provided by TREND through a licensing agreement. The information provided by this website is for the personal, non-commercial use of consumers and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale on this website may no longer be available because they are under contract, have sold or are no longer being offered for sale. 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. Copyright 2018 TREND, All Rights Reserved. Information Deemed Reliable But Not Guaranteed. Data last updated 2018-08-16T09:57:05.16.
    www.scottkompa.com/homes/84618985

    140 W Windsor Street Reading, PA 19601

    • Price: $79,900
    • Status: Active
    • Updated: 36 min ago
    • ID#: 7199771
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.04
    Acres
    2,000
    SQFT
    $40
    $/SQFT
    1918
    Built
    Neighborhood:
    Northwest Reading
    County:
    Berks
    Area:
    Reading City (10201)
    High School:
    Reading
    School District:
    Reading
    Property Description
    Very large classic Queen Anne Victorian 2 unit in very good condition. Each unit pays it's own utilities including heat. Unit 1 is a former doctor's office and consists of 3 rooms all on the 1st floor, 1 BR, large living rm with ornamental fireplace, modern kitchen & bath, elec. baseboard heat, C/A & electric water heater. Unit 2 consists of 5 rooms on 2nd & 3rd floors, 3 BRS, very large LR, Dining area, large modern kitchen with breakfast area and exposed brick wall, small deck off kitchen with stairs to the rear yard. Built-in wall unit AC, replacements windows, tiled bath, gas boiler & electric water heater. Recent updates include 200 AMP electric & new rubber roofs. Basement is clean & dry with access to it/s own private alley exiting to the front & rear. Rents are very low. Unit 1 should be around $700 and unit 2 around $850. Owner's son lives in unit 1 and his employee in unit 2. Cap rate at 13% but could be around 17% with the rents at market value. solid investment property and perfect for an owner occupant to offset living expenses. Will not last in this hot market!
    Exterior Features

    Design Apartment BuildingConvdwlg Exterior Brick Exterior Features SidewalksStreet LightsFencing Foundation Stone Foundation Garage No Garage Spaces No Garage Lot Dimensions Irreg Parking Street Roof Pitched Roof Storage Basement Water Front No

    Interior Features

    Basement Yes Basement Type FullUnfinishedOe/WkoutbsmtBasement Drain System Central Air Yes Cooling Central A/CWall Unit Entrance FoyerPrivateentrSecuredentr Floor WoodVinylLaminate Handicap None Heating GasElectricHot WaterRadiatorBaseboard Hot Water Electric Interior Features Cabletvavail Interior Square Feet Source Seller Laundry Type No Laundry One Bedroom Units 1 Studio Efficiency Units 0 Three Bedroom Units 1 Two Bedroom Units 0 Unit One Baths 1 Unit One Bedrooms 1 Unit One Interior Sq Ft 800 Unit One Partial Baths 0 Unit One Rooms 3 Unit Two Baths 1 Unit Two Bedrooms 3 Unit Two Interior Sq Ft 1300 Unit Two Partial Baths 0 Unit Two Rooms 5

    Property Features

    Annual Electric Expense 300.0 Annual Gross Expense 4384.0 Annual Gross Income 14400.0 Annual Insurance Expense 700.0 Annual Other Expense 200.0 Annual Water Sewer Expense 1440.0 Cross Street Mcknight Current Financing ConventionalFha 203(B) Electric Service 200-300AmpelCircuit Breakers Inclusion Remarks 2 Range/Overns2 Refrigerators Land Use Code 4126 Lot Number 2039 New Construction No Property Condition Average+Prop Sewer Septic Public Sewer Tax Year 2018 Total Assessment 40300.0 Total Taxes 1744.0 Type Row/Town/Clu Unit One Lease End M/M Unit One Monthly Rent 600.0 Unit One Occupied Yes Unit Two Lease End M/M Unit Two Monthly Rent 600.0 Unit Two Occupied Yes Water Public Zoning Code R3



    The data relating to real estate for sale on this website appears in part through the TREND Internet Data Exchange program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms in which Remax Preferred | Scott Kompa Group participates, and is provided by TREND through a licensing agreement. The information provided by this website is for the personal, non-commercial use of consumers and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale on this website may no longer be available because they are under contract, have sold or are no longer being offered for sale. 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. Copyright 2018 TREND, All Rights Reserved. Information Deemed Reliable But Not Guaranteed. Data last updated 2018-08-16T09:57:05.16.
     
    Remax Preferred | Scott Kompa Group
    408 Swedesboro Rd
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    Listing courtesy of Re/Max Of Reading.