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161 Clymer Street

READING, PA 19602
  • $440,000
  • STATUS: Active
  • ON SITE: 47 Days
  • MLS #: PABK2042510
Price Reduced
$440,000
  • 0
    BEDS
  • 1.45
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 3,428
    SQFT
  • $128
    $/SQFT
Neighborhood:
Type:
Multi-Family
Built:
1918
County:

School Information

Elementary School:
Middle School:
High School:
School District:

Description

Check out this exceptional multi-family property once owned by George F. Baer (President of the Philadelphia and Reading Railroad) nestled on nearly 1.5 acres within the Reading School District. Offering a prime investment opportunity, this well-maintained property features three distinct apartment units, each designed to cater to diverse living needs. The first unit, situated on the first floor, is a cozy one-bedroom unit, providing a comfortable living environment. The second unit offers versatility with two bedrooms, perfect for those desiring added convenience and flexibility. The third unit stands out with over 1,700 sq/ft comprised of three bedrooms with one full and one half bathroom, providing generous living space for larger families seeking room to grow. The three-bedroom unit also features concrete floors, under its current flooring, and was once a grand ballroom, highlighting the property's rich heritage. Additionally, all of the apartments are one-floor living, which adds to the convenience and appeal of the property. The units on the second floor can be accessed from the rear of the property, where there is parking for 5 cars available. The two-bedroom apartment has its own laundry facilities, enhancing convenience for its residents. While the one-bedroom and three-bedroom units share laundry facilities, there is potential to add laundry to the three-bedroom unit, providing added flexibility. Additionally, the property features two separate garages and a storage unit, offering even more income opportunities. The first garage boasts nearly 1,200 sq/ft with impressive 11-foot ceilings, perfect for accommodating up to 5 cars or larger vehicles This garage also has a bathroom and access to the shared laundry. The second garage is over 500 sq/ft with plenty of space for 2 cars. Lastly, the large storage space with over 500 sq/ft that could be rented. Ten parking spots are available out front. There is also potential for additional income opportunities by renting parking spaces (3 Spaces currently rented) or by putting a deal together with the neighboring property that needs parking. The unique history of the property adds to its charm. Whether you're an investor seeking strong rental income or a homeowner looking for a multi-generational living solution, this multi-family property has it all. Don't miss out on the opportunity to own this gem in the heart of Reading. Schedule your showing today and experience the endless possibilities of multi-family living! Reach out for more information today!

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161 Clymer Street READING, PA 19602

  • Price: $440,000
  • Status: Active
  • On Site: 47 Days
  • MLS #: PABK2042510
0
Beds
0
Baths
0
½ Baths
1.45
Acres
3,428
SQFT
$128
$/SQFT
1918
Built
Neighborhood:
Reading
County:
Berks
Area:
Reading City (10201)
Elementary School:
Amanda E. Stout
Middle School:
Southern
High School:
Reading Senior
School District:
Reading
Property Description
Check out this exceptional multi-family property once owned by George F. Baer (President of the Philadelphia and Reading Railroad) nestled on nearly 1.5 acres within the Reading School District. Offering a prime investment opportunity, this well-maintained property features three distinct apartment units, each designed to cater to diverse living needs. The first unit, situated on the first floor, is a cozy one-bedroom unit, providing a comfortable living environment. The second unit offers versatility with two bedrooms, perfect for those desiring added convenience and flexibility. The third unit stands out with over 1,700 sq/ft comprised of three bedrooms with one full and one half bathroom, providing generous living space for larger families seeking room to grow. The three-bedroom unit also features concrete floors, under its current flooring, and was once a grand ballroom, highlighting the property's rich heritage. Additionally, all of the apartments are one-floor living, which adds to the convenience and appeal of the property. The units on the second floor can be accessed from the rear of the property, where there is parking for 5 cars available. The two-bedroom apartment has its own laundry facilities, enhancing convenience for its residents. While the one-bedroom and three-bedroom units share laundry facilities, there is potential to add laundry to the three-bedroom unit, providing added flexibility. Additionally, the property features two separate garages and a storage unit, offering even more income opportunities. The first garage boasts nearly 1,200 sq/ft with impressive 11-foot ceilings, perfect for accommodating up to 5 cars or larger vehicles This garage also has a bathroom and access to the shared laundry. The second garage is over 500 sq/ft with plenty of space for 2 cars. Lastly, the large storage space with over 500 sq/ft that could be rented. Ten parking spots are available out front. There is also potential for additional income opportunities by renting parking spaces (3 Spaces currently rented) or by putting a deal together with the neighboring property that needs parking. The unique history of the property adds to its charm. Whether you're an investor seeking strong rental income or a homeowner looking for a multi-generational living solution, this multi-family property has it all. Don't miss out on the opportunity to own this gem in the heart of Reading. Schedule your showing today and experience the endless possibilities of multi-family living! Reach out for more information today!
Exterior Features

Architectural Style OtherConverted Dwelling Construction Materials Wood SidingVinyl SidingBrick Front Garage Spaces 7.00 Garage Type Additional Storage AreaGarage - Front EntryOversized Garage YN Yes Other Structures None Parking Features Circular DrivewayParking FeePaved Parking Parking Types Attached GarageParking Lot Patio And Porch Features BalconyPatio(s) Pool No Pool Property Condition Good Roof Architectural ShinglePitched Water Access YN No Water View YN No Waterfront YN No

Interior Features

Above Grade Fin SQFT 3428 Above Grade Unfinished Area 2563 Appliances WasherRefrigeratorBuilt-In MicrowaveDishwasherDryer - ElectricOven/Range - Electric Basement PartialInterior Access Basement YN Yes Below Grade Finished Area 0 Below Grade Unfinished Area 0 Cooling None Fireplace YN No Flooring CarpetCeramic TileLaminate PlankConcrete Heating Baseboard - Hot Water Heating YN Yes Inclusions 3 Refrigerators2 Washers and 2 Dryers Interior Features CarpetCombination Kitchen/DiningKitchen - Eat-InAttic/House FanTub Shower Single Room Units 0 Three Bedroom Units 1 Two Bedroom Units 1 Units Furnished None

Property Features

Acceptable Financing CashConventionalFHAVA Accessibility Features Level Entry - Main Central Air YN No Cooling Fuel None Cross Street Mineral Spring Electric Circuit Breakers Existing Lease Type Month to Month Foundation Details Concrete Perimeter Heating Fuel Natural Gas Hot Water Electric Municipality READING CITY Navigable Water YN N New Construction YN No Number Of Units Leased 2 Number Of Units Total 3 Number Of Units Vacant 1 Original MLSNumber 803022340232 Owner Pays WaterSewerTrash Collection Ownership Interest Fee Simple Property Sub Type Triplex Sale Type Standard Sewer Public Sewer Structure Design Type Detached Tax Annual Amount 3454.00 Tax Lot 9486 Vacation Rental YN No Water Source Public Zoning R-3 Zoning Description Residential District

 
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Easton MD, 21601