2600 Prospect Street Reading, PA $ 599,900
2600 Prospect Street
$ 599,900
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2600 Prospect Street

Reading, PA, 19606
$ 599,900
Bedrooms8 Baths0.0

Monthly Estimate*

$ 3,987

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Multi-Family Home for sale in Reading, PA

for $599,900 with 8 bedrooms. This home was built in 1955 on a lot size of 0.39.

Absolutely immaculate and impeccably maintained & updated suburban 4 unit, residential multi family building, perfect for the savvy investor or owner occupant who may want their monthly mortgage payment covered by the three other tenants in the building, as well as four attached rental garages, and a coin operated laundry on site. All apartments are two bedroom and one full bath, with spacious living rooms, dining rooms, kitchens, and some form of covered porch/sun room with each unit. All apartment appliances remain. The natural gas heater and water heating system was installed in 2013 and is a 95% efficiency unit with service contract. Windows replaced between 2012 and 2014, additional insulation was added to the attic bringing it to an R30 value, main roof and gutters were replaced in 2015, the front rubber roof was replaced in 2023, coin operated washer was replaced in 2021 and the entire exterior of the building was painted in 2015. One look at this property and you will see that the current owners cared about their investment as well as the tenants, who have lived there for decades. Rents are slightly under current market, as are the garages, and can easily be raised. This may be the nicest multi unit property you will ever see, and now is your opportunity to make it yours!

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Multi-Family Pending

Price

$ 599,900

Bedrooms

8

Property Type

Multi-Family

Taxes

$ 7,218

Style

Lot Size

0.39

Year Built

1955

Town/City

Reading

County/Region

Berks

MLS | Web ID

PABK2043270

Features
Interior
Heating Fuel Natural Gas
Basement Full Unfinished Outside Entrance
Flooring Vinyl Carpet Hardwood
Hot Water Natural Gas
Total Stories 2
Basement (Y/N) Y
Heating Y/N Y
Window Features Replacement
Fireplace Y/N N
Street Suffix STREET
Central Air Y/N N
Number of Elevators 0
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General
Sewer Public Sewer
Heating Hot Water
Cooling Window Unit(s)
Utilities Cable TV Available
Possession Negotiable
Roof Pitched Shingle
Appliances Oven/Range - Gas Refrigerator
Exterior Features Sidewalks Street Lights
Zoning NEIGHBORHOOD SPOT
Garage Spaces 4.00
Patio/Porch Features Balconies- Multiple Enclosed Porch(es) Roof Screened
Architectural Style Other
Construction Materials Stucco
Exclusions Window A/C Units
Year Built 1955
Electric 200+ Amp Service
View Park/Greenbelt
Property SubType Quadruplex
Tax Year 2024
Percent Ownership Fee Simple
Cool Fuel Electric
Municipality LOWER ALSACE TWP
Accessibility None
County BERKS
Operating Expense 18435.93
Insurance Expense 2822.00
New Construction N
Property Type Multi-Family
Subdivision Name NONE AVAILABLE
Garage Y/N Y
Water Access Y/N N
Other Structures Above Grade
Total Rooms 22
Status PENDING
Directions From the heart of Mount Penn take Carsonia Avenue east to right on Prospect Street to Building on the right
City READING
Buyer Agent Compensation 2.5
Disclosures Lead Based Paint - State Prop Disclosure
Zoning Description Residential Low Rise 1-4 unit garden apartment
Total Units 4
MLS Area Lower Alsace Twp (10223)
Lot Size Square Feet 16988.00
Waterfront Y/N N
Number of Units Leased 4
Street Name PROSPECT
Tax Annual Amount 7218.0
Property Condition Very Good
Two Bedroom 4
Structure Type Detached
Price Per Sq Ft Total 157.87
Acceptable Financing Conventional Cash
Historic Y/N N
Rent Control Y/N N
Vacation Rental Y/N N
Days on Market 10
Location Type Suburban
Lease Type Month to Month
Standard Status Pending
Year Built Source Estimated
Tax Lot 8916
Total Actual Rent 56640.00
Buyer Agent Compensation Type % Of Gross
Association Recreation Fee N
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Exterior
Pool No Pool
Parking Features Private
Water Source Public
Inclusions All appliances in apartments One pair coin operated washer and dryer
Garage Features Basement Garage Built In Garage - Rear Entry
Type of Parking Driveway Parking Lot Attached Garage
Foundation Details Brick/Mortar
Spa N
Water View Y/N N
Lot Size Acres 0.39
Road Surface Type Black Top
Lot Size Units Square Feet
Lot Size Source Estimated
Road Responsibility Boro/Township
Land Assessed Value 42400.00
Navigable Water Y/N N
Water Oriented Y/N N
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Internal Only
Street Number 1 2600
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* Excluded Features
List By
Re/Max Of Reading

Broker

ddecembrino@goberkscounty.com

Email

Affordability Calculator

$4,589
Per Month
87%
13%
0%
Monthly Principal & Interest
$3,987
Monthly Property Taxes
$602
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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The time to sell is now
THE TIME TO SELL IS NOW!
Nearby
2475194 Elementary School
2442591 Middle School
Antietam Middle Senior High School
Pricing History
DatePricePrice ChangeDescription
5/15/2024$599,900 Listed Price

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2600 Prospect Street, Reading, PA, 19606 is a Multi-Family Home for sale at $599,900 with a lot size of 0.39. 2600 Prospect Street has 8 bedrooms, 0.0 baths, and was built in 1955. The property's zip code is 19606 which is in Reading, PA