Movoto Real Estate
Sold on 05/20/2024
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318 Bern St, Reading, PA 19601

$211,000

Last sold 05/20/2024 for $170K

  • 5

    bed

  • 1

    bath

  • 1,763

    Sqft ($96/Sqft)

Townhouse not for sale

About 318 Bern St

Property type Townhouse
Neighborhood
Year built 1900
HOA fee $0/month
Lot size 1,307 Sqft
Movoto estimate
Property description
Introducing a lucrative investment opportunity - a portfolio of 7 properties in prime locations. This portfolio offers a diverse range of properties, each with its unique charm and potential for high returns. The properties included in this portfolio are: 1. 312 Bern St, Reading, PA,19601 2. 318 Bern St, Reading, PA,19601 3. 644 Birch St,Reading, PA,19604 4. 1130 Buttonwood St,Reading, PA,19604 5. 211 N. 2nd St, Reading, PA,19601 6. 1026 Spring St, Reading, PA,19604 7. 1208 Fidelity St, Reading, PA,19604 With a combined net operating income of $104,379, this portfolio is a profitable venture. The owner's expenses are limited to real estate taxes and insurance, allowing for maximum profitability. Tenants are responsible for all utilities. The portfolio boasts an impressive cap rate of 9.6%, demonstrating the strong income potential and value of these properties. The entire portfolio is being offered at a package price of $1,085,000. However, the owner is open to selling each property individually. To inquire about the individual pricing for each property, please reach out for further details. It's important to note that all properties, except for 1026 Spring St, are currently occupied. This provides immediate cash flow and reduces the need for finding new tenants. Investing in this 7-property portfolio offers a unique opportunity to diversify your real estate holdings and maximize your investment potential. Don't miss out on this chance to secure a strong and profitable investment. Contact us today to inquire about individual property prices and take the first step towards building your real estate portfolio.
Listed by
Listing Agent - Joe Colon
Listing Office - Coldwell Banker Realty
Source: Bright MLS mls logo
MLS#PABK2040940 • last updated 2 years ago
Movoto checked Bright MLS for data 10 minutes ago
Overview
Cooling/AC Window Unit(s), Electric
Heating Natural Gas
Levels/Style Traditional
Type Residential
Status Closed
SqFt 1763
Lot Size (SqFt) 1306
Lot Size (Acres) 0.03
County Tax 230, Annually
City/ Town Tax 546
School Tax 540
Tax: Assessed Value 30100
Annual Property Tax 1316
Year Built 1900
Municipality READING CITY
New Construction (Y/N) N
Foreclosure (Y/N) N
Interior
Total # of Bathrooms 1
# Full Baths 1
Total # of Bedrooms 5
Basement Full
Total # of Rooms 8
Accessibility Features None
Exterior
Construction Brick
Foundation Concrete Perimeter
Parking Desc On Street
Existing Structures Above Grade, Below Grade
Amenities / Utilities
Sewer/ Septic Public Sewer
Pool No Pool
Location
Subdivision READING
Water Source Public
Senior Community (Y/N) N
School District READING
Directions .
Zoning RESI
$211K
Range: $160K-$261K
Last 30 days 
  • Jun 2024
    Public Records
  • Jun 4, 2024 Sold
    $170,000
  • May 2024
    mls logo MLS # PABK2040940
  • May 28, 2024 Sold
    $170,000
  • Apr 29, 2024 Pending
    —
  • Apr 19, 2024 Listed
    —
  • Apr 11, 2024 Pending
    —
  • Apr 9, 2024 Pending
    —
  • Apr 9, 2024 Price Change
    $170,000 (+9.7%)
  • Mar 21, 2024 Listed
    $155,000
  • Mar 19, 2024 Listed
    $155,000 (-56.3%)
  • Apr 2023
    Public Records
  • Apr 19, 2023 Sold
    $355,000 (+1424.3%)
  • Mar 2017
    mls logo MLS # 6919138
  • Mar 15, 2017 Sold
    $23,289
  • Feb 7, 2017 Pending
    —
  • Jan 30, 2017 Listed
    $18,000
  • Mar 2017
    mls logo MLS # 1003260979
  • Mar 15, 2017 Sold
    $23,289 (+29.4%)
  • Jan 30, 2017 Listed
    $18,000 (+33.3%)
  • Apr 2004
    Public Records
  • Apr 6, 2004 Sold
    $13,500
  • Mar 2004
    mls logo MLS # 4323918
  • Mar 25, 2004 Sold
    $13,500
  • Feb 20, 2004 Listed
    $13,500 (-69.2%)
  • Oct 2001
    Public Records
  • Oct 24, 2001 Sold
    $43,900
  • Oct 2001
    mls logo MLS # 3038855
  • Oct 19, 2001 Sold
    $43,900
  • Aug 1, 2001 Listed
    $43,900 (+143.9%)
  • Jun 2000
    mls logo MLS # 1233836
  • Jun 20, 2000 Sold
    $18,000
  • Dec 1, 1999 Listed
    $18,000
  • Year Property taxes Tax assessment
  • 2025
    $817 +2.5%
    $30,100
  • 2024
    $797
    $30,100
  • 318 Bern St
    $170K
  • Reading
    $199K
  • 19601
    $189K -9% y/y
  • Reading
    $249K -7% y/y
No chart available
Statistics calculated by Movoto

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Source: GreatSchools.org © 2026. All rights reserved.

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  • Real Estate
  • PA
  • Berks County
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  • 19601
  • 318 Bern St
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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 Movoto 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. Data last updated: 10/6/2026. Some properties which appear for sale on this website may no longer be available because they are under contract, have Closedor 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. BRIGHTMLS is the (or a) provider of this home sale information and has compiled content from various sources. Some properties represented may not have actually solddue to reporting errors.
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