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Off market
  • Tax assessed value
    $52,500

    101 S 5th Ave, West Reading, PA 19611

    --beds
    0baths
    1,306sqft
    MultiFamily
    Built in 1911
    -- sqft lot
    $-- Zestimate®
    $40/sqft
    $1,722 Estimated rent

    Home value

    Not available

    Estimated sales range

    Not available

    $1,722/mo

    Zestimate® history
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    Owner options

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    $1,722/mo

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    $1,722/mo

    Rent Zestimate®

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    $288/mo

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    $288/mo

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    What's special

    More photos to come! Location is great, 1 block off Penn Ave.. Many possibilities with great return on investment whether you choose to live in one unit and collect rent from the other two, or complete the renovations and rent out the unoccupied spaces and collect rent on all 3 units. The hard part has been done with removing the tenants so the residential unit can be remodeled and increase the rent. The residential unit will have fresh paint, some repairs have been made but the owner will leave the rest to your vision and aspirations. The upper level residential unit was remodeled before the tenant moved in. The lease is up in November. The commercial space has many options for a new owner with the location perfect for any business. The roof was replaced in 2016. The boro inspection was completed and approved in December of 21. Take advantage of this wise investment opportunity with long lasting residual income potential. Lower Level Commerical Unit - Projected Rent - $1250.

    This property is off market, which means it's not currently listed for sale or rent on Zillow. This may be different from what's available on other websites or public sources.

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bathrooms: 0
    Heating
    • Baseboard, Radiant
    Cooling
    • None
    Features
    • Basement: Partially finished
    Interior area
    • Total interior livable area: 1,306 sqft

    Property

    Features
    • Exterior features: Stone
    Lot
    • Size: 1,306 Square Feet
    Details
    • Parcel number: 93530605293779
    • Special conditions: Standard

    Construction

    Type & style
    • Home type: MultiFamily
    • Architectural style: TRANSITIONAL
    Condition
    • Year built: 1911

    Community & HOA

    Location
    • Region: West Reading
    • Municipality: WEST READING BORO

    Financial & listing details

    • Price per square foot: $40/sqft
    • Tax assessed value: $52,500
    • Annual tax amount: $2,842
    • Total actual rent: 27600

    Price history

    DateEventPrice
    5/20/2022Sold$229,000-2.5%$175/sqft
    Source: Bright MLS #PABK2012822 Report a problem
    3/23/2022Pending sale$234,900$180/sqft
    Source: Berkshire Hathaway HomeServices Homesale Realty #PABK2012822 Report a problem
    3/18/2022Listed for sale$234,900$180/sqft
    Source: Berkshire Hathaway HomeServices Homesale Realty #PABK2012822 Report a problem
    3/18/2022Pending sale$234,900+8.2%$180/sqft
    Source: Bright MLS #PABK2012822 Report a problem
    12/17/2021Sold$217,000-5.7%$166/sqft
    Source: Bright MLS #PABK2007560 Report a problem
    12/8/2021Pending sale$230,000$176/sqft
    Source: Bright MLS #PABK2007560 Report a problem
    12/7/2021Listing removed--
    Source: Berkshire Hathaway HomeServices Homesale Realty Report a problem
    12/1/2021Listed for sale$230,000+24.3%$176/sqft
    Source: Bright MLS #PABK2007560 Report a problem
    11/23/2020Sold$185,000-5.1%$142/sqft
    Source: Public Record Report a problem
    10/19/2020Pending sale$195,000$149/sqft
    Source: RE/MAX Of Reading #PABK365488 Report a problem
    10/13/2020Listed for sale$195,000+30%$149/sqft
    Source: RE/MAX Of Reading #PABK365488 Report a problem
    11/12/2009Sold$150,000+20%$115/sqft
    Source: Public Record Report a problem
    6/20/2007Sold$125,000$96/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$2,842 -2.1%$52,500
    2024$2,902 +31.4%$52,500
    2023$2,208 -18%$52,500
    2022$2,693 +1.8%$52,500
    2021$2,647 +3%$52,500
    2020$2,569 +2.1%$52,500
    2019$2,516 +2.9%$52,500
    2018$2,445 +2.3%$52,500
    2017$2,391 +210.4%$52,500
    2016$770 +3.5%$52,500
    2015$745 $52,500
    Find assessor info on the county website

    Neighborhood: 19611

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • District: WYOMISSING AREA

    Source: The MLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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