1142 FRANKLIN ST
READING, PA 19602

Sold 5/6/2016
  • 2,091
    sq.ft.
Multi-Family Home

**Investor/Handyman Special** Well-located 2-unit ready for you to fix up and start generating positive cash flow. Located on the periphery of the Penn's Common historic district, this spacious property provides direct access to City Park (1/2 block away), Business 422 and is a high-demand rental area. Major anticipated improvements include plumbing, electrical, and some wall and ceiling repair. Projected revenue is $1,225/month ($525 for the single on the first floor, $700 for the 2/3 flr 3-bedroom). Schedule a time to walk through and see it for yourself.

Property Details
  • Reading
    school district
  • $1,368.00
    taxes
  • 1892
    built
  • 3
    stories
  • 6685390
    MLS#
Electric heat
High school: READING
School district: Reading
On street parking
Vinyl siding
Brick exterior
Lot acreage is: 0.05
Lot dimension is: 20 X 115
Subdivision: SOUTHERN READING
Lot zoned: RESID
Public sewer
Public water
Units in building(s): 2
Property style: 1
Tax year: 2016
Bedrooms in unit #1: 1
Bedrooms in unit #2: 3
Baths in unit #1: 1
Baths in unit #2: 1
Courtesy of:
Destination Realty LLC

Call (855) 464-2662

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Name Type GreatSchools
Rating
Distance
Amanda E Stout Elementary School Pre-School, Elementary School / Public 2 0.27 mi.
Citadel Intermediate High School Middle School / Public 1 0.39 mi.
Southern Middle School Middle School / Public 2 0.2 mi.
Reading Senior High School High School / Public 3 0.96 mi.
St. Marys School * Pre-School, Elementary School, Middle School / Private N/A 0.2 mi.
Tenth & Penn El School * Pre-School, Elementary School / Public 1 0.23 mi.
Address Distance Sale date Sale price
1142 FRANKLIN ST 0 mi. 5/6/2016 $15,500
608 FRANKLIN ST 0.56 mi. 9/29/2016 $8,000
435 N 11TH ST 0.62 mi. 5/25/2017 $17,500
343 N 8TH ST #3 0.64 mi. 3/30/2017 $25,000
516 FRANKLIN ST 0.65 mi. 6/27/2017 $27,000
1728 HAAK ST 0.65 mi. 6/27/2017 $20,000
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1142 FRANKLIN ST, READING, PA 19602 multi-family home was sold for $15,500.
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Data last updated: 4/26/2018.
School ratings are supplied by GreatSchools. School attendance zone boundaries are supplied by Maponics. Both are subject to change.

* indicates a school is in close proximity to this home, but this home is not guaranteed to fall within the school's attendance zone boundaries. Check with the applicable school district prior to making a decision based on these boundaries.