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528 Franklin
Reading, PA 19602
Multifamily Property For Sale
·
5 Units

Property Facts
| No. Units | 5 | Lot Size | 0.06 AC |
| Property Type | Multifamily | Building Size | 2,938 SF |
| Property Subtype |
Apartment
|
No. Stories | 3 |
| Apartment Style | Low-Rise | Year Built | 1900 |
| Building Class | C |
| No. Units | 5 |
| Property Type | Multifamily |
| Property Subtype |
Apartment
|
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.06 AC |
| Building Size | 2,938 SF |
| No. Stories | 3 |
| Year Built | 1900 |
About 528 FRANKLIN , READING, PA 19602
A little bit about reading:Reading is the city that originated the outlet shopping mall ,while 89% of it's population(97000 total)is hispanic and white, there are 7 college in reading( include Pennsylvania State University-Penn State Berks), full time student over 11000. It is also fairly close to New York City(146 mile)and Philadelphia(50 mile) which is helpful for investors . crime rate drop 50% in years(see city-data.com).Reading is ethnically diverse and full of historic architecture from before World War II giving the area character. This 5 family brick house is full of original gorgeous wood trim and doors,custom build in cabinet and luxury marble entry. new roof, excellence condition heating, electric system. first floor may use for commercial purpose . mostly fully rented with som tenant live in over 10 years.2-3 blocks away from penn st shopping, city hall and berks county court , santander arena and arts center. close to many colleges. new roof.while each apartment rent around $500-$700, the asking price for the house make it a steal deal. tax only $1540 a year.
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 1+1 | 5 | $600.00 | - |
Property Taxes
| Parcel Number | 04-5306-27-89-2501 | Improvements Assessment | $23,900 |
| Land Assessment | $12,000 | Total Assessment | $35,900 |
Property Taxes
Listing ID: 11695548
Date on Market: 2/22/2018
Last Updated:
Address: 528 Franklin, Reading, PA 19602
The Fourth Ward Multifamily Property at 528 Franklin, Reading, PA 19602 is no longer being advertised on LoopNet.com. Contact the broker for information on availability.
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