Listed By:
Pagoda Realty
Address
437 Spring Street, Reading, PA
Price
$ 564,900
Property Attributes
  • MLS#PABK2025224
  • TypePending
  • CountyBERKS
  • CityReading
  • AreaReading City
  • Zip19601
  • StyleApartment Building
  • Year Built1910
  • Taxes$ 3117
  • Price$ 564,900
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Sqr Footage5100
Data Source:
Bright MLS
Property Description

Successful Active Laundromat Business along with 4 fully occupied spacious 1-bedroom apartments in a prime traffic location right off of / near N 5th St highway. Each residential unit features a separate living and dining room area along with a private bedroom. There is plenty of room to add value to both the laundromat and rental units based on the current below market rents. If interested in a larger portfolio of laundromat investment properties, please contact the listing agent for further details. Schedule your showing today!

Price History
1/4/2023 Listed $569,900
7/7/2023 1% - $564,900

General Features

Acceptable Financing Cash, Conventional
Accessibility Other
Business Type Apartment Building
Construction Materials Brick, Masonry
Cool Fuel None
Cooling None
County BERKS
Days on Market 204
Electric 220 Volts
Heating Baseboard - Electric
Location Type Business District
MLS Area Reading City (10201)
New Construction No
Percent Ownership Other
Possession Immediate
Possible Use Apartment Building, Apartments
Price Per Sq Ft 110.76
Property Condition Good
Property SubType Other
Property Type Commercial Sale
Property Use Investment
Roof Rubber
Sewer Public Sewer
Tax Annual Amount 3117.0
Tax Lot 7718
Tax Year 2023
Total Units 5
Utilities Electric Available, Natural Gas Available, Water Available
Vacation Rental Y/N No
View Street
Water Access Y/N No
Waterfront Y/N No
Year Built 1910
Zoning COMMERCIAL/ MULTI FAMILY

Interior Features

Central Air Y/N No
Entry Level 1
Flooring Hardwood, Tile/Brick
Heating Fuel Electric
Heating Y/N Yes
Hot Water 60+ Gallon Tank, Natural Gas
Total Restrooms 4

Exterior Features

Building Area Total 5100.00
Fencing Y/n No
Foundation Details Brick/Mortar
Lot Dimensions 0.00 x 0.00
Navigable Water Y/N No
Soil Types Unknown
Type of Parking None
Water Oriented Y/N No
Water Source Public
Water View Y/N No

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Pending Average in 19601

Price
AVG $210K
$560K
Taxes
AVG $1,970
$3,117
Visits
AVG 90
137
Data Provided by Inside Real Estate®
Year Built
AVG 1909
1910
Walkscore
AVG 72
75
Data Provided by Walkscore® not using MLS data