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Sold on 03/15/2024

437 Spring St, Reading, PA 19601

$564,900

Last sold 03/15/2024 after 435 Days

  • —

    bed

  • —

    bath

  • 5,100

    Sqft ($111/Sqft)

Multi-family not for sale
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About 437 Spring St

Property type Multi-family
Neighborhood
Year built 1910
HOA fee $0/month
Rental estimate
Property description
Successful Active Laundromat Business along with 4 fully occupied spacious 1-bedroom apartments in a prime traffic location right off of / near N 5th St highway. Each residential unit features a separate living and dining room area along with a private bedroom. There is plenty of room to add value to both the laundromat and rental units based on the current below market rents. If interested in a larger portfolio of laundromat investment properties, please contact the listing agent for further details. Schedule your showing today!
Listed by
Listing Agent - Jimmy Thelusca
Listing Office - Pagoda Realty
Source: Bright MLS mls logo
MLS#PABK2025218 • last updated 8 months ago
Movoto checked Bright MLS for data 7 minutes ago
Overview
Cooling/AC None, None
Heating Electric
Levels/Style Traditional
Type Multi-Family
SubType Other
Status Closed
SqFt 5100
County Tax 546, Annually
City/ Town Tax 1293
School Tax 1278
Tax: Assessed Value 71300
Annual Property Tax 3117
Year Built 1910
Condition Good
Municipality READING CITY
New Construction (Y/N) N
Foreclosure (Y/N) N
Interior
Accessibility Features Other
Exterior
Roof Rubber
Foundation Brick/Mortar
Parking Desc None
Existing Structures Above Grade, Below Grade
Amenities / Utilities
Sewer/ Septic Public Sewer
Electricity 220 Volts
Pool No Pool
Location
View Street
Water Source Public
School District READING
Directions Head East On US-422 E/Penn Ave Toward Woodside Ave. Take The Ramp Onto US-222 N/US-422 E. Take The Ramp Onto PA-61 S/Centre Ave. Turn Left Onto Spring St. Destination Will Be On The Left
Zoning COMMERCIAL/ MULTI FAMILY
Multifamily Details
# 1-Bedroom Units 4
Lot/ Land Details
Soil Types Unknown
We are not permitted to show value estimates for this property.
  • Mar 2024
    mls logo MLS # PABK2025218
  • Mar 20, 2024 Sold
    $564,900
  • Aug 21, 2023 Pending
    —
  • Jul 7, 2023 Price Change
    $564,900 (-0.9%)
  • May 16, 2023 Listed
    —
  • May 5, 2023 Hold
    —
  • Apr 24, 2023 Pending
    —
  • Jan 4, 2023 Listed
    $569,900 (+260.7%)
  • Mar 2024
    Public Records
  • Mar 18, 2024 Sold
    $564,900
  • Apr 2018
    Public Records
  • Apr 30, 2018 Sold
    $158,000
  • Year Property taxes Tax assessment
  • 2025
    $4,845 +156.7%
    $178,500 +150.35%
  • 2024
    $1,888
    $71,300
  • 437 Spring St
    $564K
  • Centre Park
    $249K -2% y/y
  • 19601
    $190K -9% y/y
  • Reading
    $255K -5% y/y
No chart available
Statistics calculated by Movoto

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3/10
Riverside El School
public Grades PK, K-4
Reading School District
4/10
Northwest Middle School
public Grades 5-8
Reading School District
2/10
Reading Senior High School
public Grades 9-12
Reading School District
Source: GreatSchools.org © 2026. All rights reserved.

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The multiple listing information is provided by BRIGHT MLS. IDX information is provided exclusively for consumers’ personal, non-commercial use and that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information deemed reliable but not guaranteed to be accurate. Buyer to verify all information. The information provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Listing information updated every 15 minutes. Terms of use & Privacy Policy, California Privacy Info. Copyright © 2005 - 2026 Movoto, Inc. All rights reserved. Equal Housing Opportunity CalDRE CalDRE #01517281
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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 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: 9/3/2026. 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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