Reading, PA 19602,1134 COTTON ST
Reading, PA 19602,1134 COTTON ST
Reading, PA 19602,1134 COTTON ST
$95,000
Est. payment /mo
$100,000
5.0%
Est.Price: ?

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3 Beds
1 Bath
1,188 SqFt
SOLD DATE : 07/31/2023

Key Details

Sold Price $95,000

Property Type Townhouse

Sub Type Interior Row/Townhouse

Listing Status Sold

Purchase Type For Sale

Square Footage 1,188 sqft

Price per Sqft $79

Subdivision Mount Penn Heights

MLS Listing ID PABK2031472

Sold Date 07/31/23

Style Straight Thru

Bedrooms 3

Full Baths 1

HOA Y/N N

Abv Grd Liv Area 1,188

Originating Board BRIGHT

Year Built 1900

Annual Tax Amount $1,180

Tax Year 2023

Lot Size 1,306 Sqft

Acres 0.03

Lot Dimensions 0.00 x 0.00

Property Description

Welcome to this incredible investment opportunity! This tenant-occupied property offers a delightful 3-bedroom, 1-bathroom home that is perfect for generating extra income. With its desirable features and a reliable tenant who pays $850 per month, this property is an attractive option for investors looking to expand their portfolio.

As you step inside, you'll immediately appreciate the hardwood floors that grace the first floor, adding a touch of elegance and charm. The spacious living area flows seamlessly into a game room, complete with a pool table and a well-equipped bar. This entertainment space is sure to impress both tenants and guests, creating a fun and lively atmosphere.

The cozy yet functional kitchen offers outside access to the two-tiered backyard, which can only be described as a backyard retreat. Picture yourself relaxing in the sauna or taking a refreshing swim in the inviting pool, providing a haven of relaxation and enjoyment. This outdoor oasis offers the perfect setting for tenants to unwind and create lasting memories. (Tenants Belongings Excluded )

The property also includes an unfinished basement, ideal for storage or potential future expansion. On the second floor, you'll find three spacious bedrooms and a well-appointed bathroom, ensuring comfortable living arrangements for tenants. Additionally, the floored walk-up attic offers convenient storage space, further enhancing the property's appeal.

One of the standout features of this property is the current tenant, who takes exceptional care of the home. Their dedication to maintaining the property ensures that it is in excellent condition, reducing any potential maintenance concerns for an investor. The tenant has expressed their desire to stay, making this an appealing opportunity for a seamless transition of ownership and continued rental income.

With a reliable tenant in place and a monthly rental income of $850, this property presents a fantastic investment prospect. The combination of hardwood floors, a game room with a pool table and bar, outside access to a two-tiered backyard with a sauna and pool, an unfinished basement, three bedrooms on the second floor, and storage options in the floored walk-up attic make this property a wise choice for investors seeking consistent returns.

Don't miss out on the chance to acquire this exceptional investment property. Take advantage of the established tenant and the potential for additional income. Schedule a showing today and witness the lucrative potential that awaits you. 1 Year Home Warranty Included ! Tenant is currently on month to month lease.

Location

State PA

County Berks

Area Reading City (10201)

Zoning RESIDENTIAL

Rooms

Basement Unfinished

Interior

Interior Features Attic, Carpet, Ceiling Fan(s), Dining Area, Floor Plan - Traditional, Window Treatments

Hot Water Electric

Heating Radiator

Cooling Window Unit(s)

Flooring Hardwood, Vinyl, Carpet

Equipment Oven/Range - Electric

Furnishings No

Fireplace N

Window Features Insulated

Appliance Oven/Range - Electric

Heat Source Oil

Laundry Basement

Exterior

Exterior Feature Patio(s)

Fence Rear, Wood

Pool Above Ground

Utilities Available Cable TV, Phone

Waterfront N

Water Access N

View Street

Roof Type Pitched,Shingle

Street Surface Paved

Accessibility None

Porch Patio(s)

Road Frontage City/County

Parking Type On Street

Garage N

Building

Lot Description Rear Yard

Story 3

Foundation Concrete Perimeter, Brick/Mortar

Sewer Public Sewer

Water Public

Architectural Style Straight Thru

Level or Stories 3

Additional Building Above Grade, Below Grade

Structure Type Dry Wall

New Construction N

Schools

High Schools Reading Senior

School District Reading

Others

Pets Allowed Y

Senior Community No

Tax ID 10-5316-30-17-4705

Ownership Fee Simple

SqFt Source Assessor

Acceptable Financing Cash, Conventional, FHA

Horse Property N

Listing Terms Cash, Conventional, FHA

Financing Cash,Conventional,FHA

Special Listing Condition Standard

Pets Description No Pet Restrictions

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Bright MLS (BMLS)
Listed by Michael J Koperna • Keller Williams Real Estate - West Chester
Bought with Eric Stehle • NextHome Synergy

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Irma Rodriguez

+1(302) 357-1823

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