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Backup Offers

422 Franklin St, Reading, PA, 19602

$299,900

Home List Price

$3,561*

Closing Credit

6 Bedrooms
3 Full Baths
6,500 SqFt
$46/SqFt
House

Location

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422 Franklin St, Reading$299,900

Buyer Closing Credits

$3,561*

1.25% Loan Amount

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Contact Us Phone Number1 (855) 200-2001

Property Highlights

Home TypeSingle Family Residence
ParkingParking Lot, On Street
Year Built1880
HeatingForced Air, Radiant
CoolingCentral Air, Other
BasementYes
MLS #PABK2049550
Lot Size0.04 Acres
StatusAccepting Backup Offers
(ACTIVE UNDER CONTRACT)

About 422 Franklin St

Welcome to 422 Franklin St, a spacious and versatile multi-family home located in a prime area directly behind Reading Public Library. The property spans 6,500 square feet, providing ample space for various possibilities. The first-floor in-law suite features a full kitchen, two bedrooms, and two full bathrooms. The layout offers flexibility, making it ideal for tenants or potential conversion into other uses. The second floor offers a full kitchen, four bedrooms, and one bathroom, providing ample living space for families or multiple occupants. It could also be adapted to mixed-use as needed. The full basement offers plenty of space for storage. The building is located directly across the street from the public parking lot and is in move-in condition. Both floors have separate electric and gas meters, making the property convenient for multiple occupants. The first-floor unit benefits from forced air heating and air conditioning, while the second-floor unit operates with a boiler heating system, allowing for independent utility control. An agent is related to the owners.

Property Details

Property Features

Property Information:

  • Architectural Style: Other
  • Year Built: 1880
  • Stories: 3
  • Living Area: 6,500 SqFt

Listing Office:

  • Office Name: Iron Valley Real Estate of Berks
  • Office Phone: (484) 450-8771
  • Listing Agent: Cheryl Arroyo

Interior Features

Interior Information:

  • Basement: Yes
  • Flooring Type: Partially Carpeted, Laminated
  • Interior: Kitchen - Eat-In

Bedroom and Bathroom Information:

  • Full Bathrooms: 3
  • Total Bedroom Count: 6

Exterior Features

Parking Information:

  • Parking: Parking Lot, On Street

Lot Features

Lot Information:

  • Lot Size: 0.04 Acres

Utilities

Utilities Information:

  • Heating: Forced Air, Radiant
  • Cooling: Central Air, Other

Other

Directions Information:

  • Directions: Head east on Penn St toward S 3rd St, Turn right onto S 4th St, Turn left onto Franklin St, 422 Franklin St will be on the right.

Municipality:

  • Reading City

Price Information

Listing Price Info

Price Summary:

  • List Price: $299,900
  • Price Per SqFt: $46/SqFt

Tax Information:

  • Annual Amount: $3,126
  • 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

$247.8K

Med. Price/SqFt

$150

Avg. Days On Market

19

# of Sold Homes

171

422 Franklin St vs Reading

22 DAYS ON ROCKET

+3 Days

$299,900

+$52K More

$46/SqFt

-$104 Less

KEY TAKEAWAY

This property is $52K more than the Median Sold Price and $104/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: #PABK2049550

Listing Office:

  • Office Name: Iron Valley Real Estate of Berks
  • Office Phone: (484) 450-8771
  • Listing Agent: Cheryl Arroyo

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: 11/21/2024, 11:55:51 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Apr 26, 2017Home Sold
$38,610
Jan 12, 2007Home Sold
$132,500

Tax History

YEARPROP. TAXASSESSMENT
2021$3,126$71,500
2020$3,094$71,500
2019$3,094$71,500
2018$3,094$71,500
2017$3,074$71,500

History based on county public records data.

Payment Calculator

$1,564

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$966

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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-469736
2
/10

  • Tyson-Schoener Elementary School

  • 315 S 5th St

  • 0.26 miles

  • Public District Grades PK-4

school-card-donut-469737
6
/10

  • Lauer's Park Elementary School

  • 251 N 2nd St

  • 0.46 miles

  • Public District Grades PK-4

school-card-donut-469738
4
/10

  • 10th and Penn Elementary School

  • 955 Penn St

  • 0.56 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 $21,019. Most Reading, PA residents have annual incomes less than $35k. Residents typically live in single, no kids family. The most common level of education of people living in this area is high school diploma.

All data provided by Home Junction and Claritas

Living In Reading, PA

Content displayed has been generated by an AI model trained on a diverse range of data. While efforts have been made to ensure the quality and reliability of the content, there may be limitations or inaccuracies. The content should not be considered as a substitute for professional advice, and we recommend consulting with appropriate experts and independent sources for specific information or guidance. We assume no responsibility for any consequences arising from the use of this content.

Types of housing in Reading, PA.

Reading's housing market is characterized by a diverse array of options, with single-family homes being a significant component. Architectural styles in the area range from historic row homes to more contemporary designs, reflecting the city's rich history and ongoing development. The housing stock includes a mix of older homes, with many dating back to the early 20th century, as well as newer constructions that cater to modern living preferences.

What is it like to live in Reading, PA?

Reading prides itself on a vibrant community spirit, with a rich cultural heritage that is evident in its local festivals and events. The city's character is further defined by its commitment to the arts, as seen in the numerous galleries and performance spaces that dot the area. Residents and visitors alike enjoy the blend of urban amenities and the sense of small-town camaraderie that Reading offers.

Is it easy to get around Reading, PA without a car?

The community is served by a robust educational system, including a variety of public and private schools that cater to different educational needs. Healthcare services are comprehensive, with several hospitals and clinics providing a range of medical care. Reading also features a public library system that supports lifelong learning. Retail and dining options are plentiful, offering both local and international cuisine, as well as shopping experiences that reflect the city's diverse culture.

Transportation in Reading, PA.

Transportation in Reading includes a network of roads and highways that connect residents to nearby cities and towns. Public transit options are available, providing residents with alternatives to private vehicle use. The city's walkability varies by neighborhood, with some areas being more pedestrian-friendly than others. Efforts to enhance transportation efficiency and accessibility are ongoing, with improvements to public transit and road infrastructure being a priority for the city.

Frequently Asked Questions About 422 Franklin St

What is the listing price of this property?

The listing price of 422 Franklin St property is $299,900.

What type of property is this?

The property 422 Franklin St is a house located in Reading, Pennsylvania, 19602.

Is this property for sale now?

Accepting Backup Offers: 422 Franklin St is Accepting Backup Offers (Active Under Contract), there is still a chance to have your real estate agent submit an offer.

What is the annual property tax for this property?

According to the records, the last property tax for 2021 is $3,126 (source: MLS/based on county public records data).

When was this property sold last time and for how much?

The last sale was on April 26, 2017 for $38,610. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 422 Franklin St has 6 bedrooms and 3 bathrooms.

What is the square footage of this property?

The property 422 Franklin St is 6,500 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 422 Franklin St is 1880.

Rocket Homes›Pennsylvania›Berks County›Reading›19602›422 Franklin St

This home is located at 422 Franklin St in Reading, PA and zip code 19602. This 6,500 square foot home, which was built in 1880, sits on a 0.04 acre lot. Features: 6 bedrooms, 3 bathrooms. It has been listed on Rocket Homes since October 30, 2024 and is currently priced at $299,900.

In October 2024 more than 72 listings in Reading, PA were sold above the asking price. During the same period more than 48 listings were sold at asking price, while more than 51 were sold below. In October 2024 in Reading, PA there were 8.9% less homes for sale than in September 2024. In October 2024 median list price was $247,894 and the average listing age was 19 days.

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

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