1 month on rocket

735 Washington St, Reading, PA, 19601

$274,900

Home List Price

$3,264*

Closing Credit

0 Baths
1,750 SqFt
$157/SqFt
Multi

Location

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735 Washington 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
HeatingOther
CoolingNone
BasementYes
MLS #PABK2046336
Lot Size0.03 Acres
StatusActive
(ACTIVE)

About 735 Washington St

Prime investment opportunity in a sought-after location near City Hall, attorney offices, and downtown Reading! This versatile 3-unit property features two income-generating residential units, both currently rented at $800 each, and a vacant commercial unit ready for your next venture or tenant. With separate heat payments for tenants, this low-maintenance property maximizes your return. Whether you're looking to expand your portfolio or start a new business, this property offers the perfect blend of residential and commercial space in a thriving area. Don’t miss out on this rare find!

Property Details

Property Features

Property Information:

  • Architectural Style: Traditional
  • Year Built: 1900
  • Living Area: 1,750 SqFt

Listing Office:

  • Office Name: Realty One Group Exclusive
  • Office Phone: (484) 975-6400
  • Listing Agent: Nelson F Gamez

Interior Features

Interior Information:

  • Basement: Yes
  • Flooring Type: Carpet, Tile/Brick, Vinyl, Wood

Exterior Features

Parking Information:

  • Parking: On Street

Lot Features

Lot Information:

  • Lot Size: 0.03 Acres

Utilities

Utilities Information:

  • Heating: Other
  • Cooling: None

Other

Directions Information:

  • Directions: ...

Municipality:

  • Reading City

Price Information

Listing Price Info

Price Summary:

  • List Price: $274,900
  • Price Per SqFt: $157/SqFt

Tax Information:

  • Annual Amount: $1,377
  • 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

$242K

Med. Price/SqFt

$147

Avg. Days On Market

13

# of Sold Homes

210

735 Washington St vs Reading

38 DAYS ON ROCKET

+25 Days

$274,900

+$32.8K More

$157/SqFt

+$9 More

KEY TAKEAWAY

This property is $32.8K more than the Median Sold Price and $9/SqFt more than other homes in Reading, PA.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: BRIGHT
  • MLS Number: #PABK2046336

Listing Office:

  • Office Name: Realty One Group Exclusive
  • Office Phone: (484) 975-6400
  • Listing Agent: Nelson F Gamez

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: 9/17/2024, 9:20:57 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Mar 03, 2021Home Sold
$70,000
Sep 16, 2005Home Sold
$25,000

Tax History

YEARPROP. TAXASSESSMENT
2021$1,377$31,500
2020$1,363$31,500
2019$1,363$31,500
2018$1,363$31,500
2017$1,354$31,500

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-2582059
4
/10

  • Tenth & Penn Elementary School

  • 955 Penn St

  • 0.24 miles

  • Public District Grades PK-5

school-card-donut-2582060
4
/10

  • Tenth & Green Elementary School

  • 400 N 10th St

  • 0.42 miles

  • Public District Grades PK-5

school-card-donut-2582061
2
/10

  • Tyson-Schoener Elementary School

  • 315 S 5th St

  • 0.55 miles

  • Public District Grades PK-5

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $23,853. The majority of Reading, PA residents have income less than $35k annually. Most families are 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›19601›735 Washington St

This home is located at 735 Washington St in Reading, PA and zip code 19601 in the Downtown / Central City neighborhood. This 1,750 square foot home, which was built in 1900, sits on a 0.03 acre lot. It has been listed on Rocket Homes since August 09, 2024 and is currently priced at $274,900.

In August 2024 more than 98 listings in Reading, PA were sold above the asking price. During the same period more than 56 listings were sold at asking price, while more than 56 were sold below. Between July 2024 and August 2024, Reading, PA real estate market has seen decrease in the number of listings by 6.5%. Listings spent 13 days on the market in August 2024, and had a median list price of $242,097 during the same period.

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

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