3 months on rocket

1120 Elm St, Reading, PA, 19604

$274,900

Home List Price

$3,264*

Closing Credit

0 Baths
2,816 SqFt
$98/SqFt
Multi

Location

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1120 Elm St, Reading$274,900

Buyer Closing Credits

$3,264*

1.25% Loan Amount

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Property Highlights

Home TypeTriplex
ParkingOn Street
Year Built1900
HeatingHot Water, Radiant
CoolingNone
BasementYes
MLS #PABK2048920
Lot Size0.05 Acres
StatusActive
(ACTIVE)

About 1120 Elm St

Investment opportunity in Reading, PA! This 3-unit building offers great rental income potential: Unit 1: Spacious 3-bedroom apartment Unit 2: 2-bedroom apartment Unit 2r: Comfortable 1-bedroom apartment The property is located in a vibrant neighborhood with easy access to local shops, restaurants, and public transportation. No off-street parking available, but street parking is accessible. Perfect for investors or those looking to live in one unit while renting the others!

Property Details

Property Features

Property Information:

  • Architectural Style: Other
  • Year Built: 1900
  • Living Area: 2,816 SqFt

Listing Office:

  • Office Name: Skye Real Estate, LLC
  • Office Phone: (610) 473-1300
  • Listing Agent: Ashley K. Brewer

Interior Features

Interior Information:

  • Basement: Yes
  • Flooring Type: Wood, Fully Carpeted, Vinyl

Exterior Features

Exterior Information:

  • Exterior: Sidewalks, Street Lights

Parking Information:

  • Parking: On Street

Lot Features

Lot Information:

  • Lot Size: 0.05 Acres

Utilities

Utilities Information:

  • Heating: Hot Water, Radiant
  • Cooling: None

Other

Directions Information:

  • Directions: GPS

Municipality:

  • Reading City

Price Information

Listing Price Info

Price Summary:

  • List Price: $274,900
  • Price Per SqFt: $98/SqFt

Tax Information:

  • Annual Amount: $2,046
  • Tax Year: 2021
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Housing Market Comparison

See how this home compares to others in Reading, PA.

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Reading, PA

City

Med. Sold Price

$249.5K

Med. Price/SqFt

$150

Avg. Days On Market

20

# of Sold Homes

170

1120 Elm St vs Reading

92 DAYS ON ROCKET

+72 Days

$274,900

+$25.3K More

$98/SqFt

-$53 Less

KEY TAKEAWAY

This property is $25.3K more than the Median Sold Price and $53/SqFt less than other homes in Reading, PA.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: BRIGHT
  • MLS Number: #PABK2048920

Listing Office:

  • Office Name: Skye Real Estate, LLC
  • Office Phone: (610) 473-1300
  • Listing Agent: Ashley K. Brewer

IDX Information Deemed Reliable But Not Guaranteed. The data relating to real estate for sale on this website appears in part through the BRIGHT Internet Data Exchange program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms in which participates, and is provided by BRIGHT through a licensing agreement.

The information provided by this website is for the personal, non-commercial use of consumers and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale on this website may no longer be available because they are under contract, have sold or are no longer being offered for sale. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. This home sale information is not to be construed as an appraisal and may not be used as such for any purpose.

BRIGHT MLS is the (or a) provider of this home sale information and has compiled content from various sources. Some properties represented may not have actually sold due to reporting errors. ©2024 BrightMLS. All rights reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 12/22/2024, 7:20:56 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Tax History

YEARPROP. TAXASSESSMENT
2021$2,046$46,800
2020$2,025$46,800
2019$2,025$46,800
2018$2,025$46,800
2017$2,012$46,800

History based on county public records data.

Payment Calculator

$1,440

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$891

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-905672
4
/10

  • 10th and Green Elementary School

  • 400 N 10th St

  • 0.27 miles

  • Public District Grades PK-4

school-card-donut-905673
5
/10

  • 13th and Green Elementary School

  • 501 N 13th St

  • 0.32 miles

  • Public District Grades PK-4

school-card-donut-905674
4
/10

  • 10th and Penn Elementary School

  • 955 Penn St

  • 0.33 miles

  • Public District Grades PK-4

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $43,077. Residents of Reading, PA typically earn between $35k-100k each year. Typical family type is single, no kids. The majority of residents in this area have high school diploma education.

All data provided by Home Junction and Claritas

Rocket Homes›Pennsylvania›Berks County›Reading›19604›1120 Elm St

This home is located at 1120 Elm St in Reading, PA and zip code 19604 in the East Reading neighborhood. This 2,816 square foot home, which was built in 1900, sits on a 0.05 acre lot. It has been listed on Rocket Homes since September 20, 2024 and is currently priced at $274,900.

In November 2024 more than 90 listings in Reading, PA were sold above the asking price. During the same period more than 32 listings were sold at asking price, while more than 48 were sold below. In November 2024 in Reading, PA there were 10.3% less homes for sale than in October 2024. In November 2024 median list price was $249,546 and the average listing age was 20 days.

From Rocket Homes Real Estate and based on county public records data.

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