821 N 5th St, Reading

$200,000

5 Beds
2 Baths
2,308 Sqft
.06 Acres
0 Garages

Do not miss this extremely rare opportunity to own one of the few legally zoned boarding houses in the city of Reading! This unbelievably well-maintained property provides a one bedroom apartment on the first floor, and 4 total boarding rooms with common areas on the second and third floors. Three of the tenants in the boarding rooms have lived there as long term tenants for the past three years straight. The exterior of this beautiful home has incredible curb appeal with it's unique architecture, gorgeous color palette, and stained glass transom window, perfectly situated in the Reading's charming historic district near Centre Park! Enter through the front door and breezeway into the living room of the immaculately spotless one bedroom apartment. This spacious front room is a living room/dining room combination and offers gleaming hardwood flooring, two ceiling fans, 9 ft ceiling, and convenient coat closet. The generously sized bedroom additionally offers the shining hardwood flooring, a ceiling fan, crown molding, and a large closet. Make your way to the 21 handle, updated kitchen with ceiling fan, stainless sink, all stainless appliances, large pantry, and access door to the fenced-in backyard. Completing this charming apartment is the full bathroom with stall shower, updated vanity and nickel fixtures! This apartment also has access to the unfinished basement which has laundry hook-up potential, and houses the separate electrical panels for both the apartment and boarding rooms, and the instant hot, tank-less, gas fueled hot water heater. Make your way to the side of the property where you will find the mailboxes for all 4 boarding rooms and stairway entry. The original 5th boarding room has been converted to a laundry room with folding shelf and convenient half bathroom. Just down the hall is the 27 cabinet kitchen with separate storage areas for each tenant, stainless appliances, gas cooking, dining area, ceiling fan, and double stainless sink with sprayer. The full bath with tile flooring and updated fixtures completes the common areas of the boarding house. 4 spacious boarding rooms can be found throughout the rest of the home, all providing ceiling fans, ample closet space, and beautiful hardwood flooring. You will not want to miss your opportunity to own this unique and profitable property. Financial Statement will be provided upon request.

Essential Information
MLS® #PABK363778
Price$200,000
Bedrooms5
Bathrooms2
Half Baths1
Square Footage2,308
Acres0.06
Year Built1898
TypeMulti-Family
StatusUnder Contract
Community Information
Address821 N 5th St
CityReading
StatePennsylvania
Zip Code19601
Features

Basement, Dryer, Fenced Yard, Living Room, Washer

School Information
DistrictReading City

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