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

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

Interior Features

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

Exterior Features

Water Source Public
Type of Parking None
Foundation Details Brick/Mortar
Water View Y/N No
Building Area Total 5100.00
Lot Dimensions 0.00 x 0.00
Soil Types Unknown
Navigable Water Y/N No
Water Oriented Y/N No
Fencing 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 $2,030
$3,117
Visits
AVG 167
232
Data Provided by Inside Real Estate®
Year Built
AVG 1913
1910
Walkscore
AVG 71
75
Data Provided by Walkscore® not using MLS data