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Sold on 06/17/2025

462 Centre Ave, Reading, PA 19601

  • $373,000

    Last sold 06/17/2025 for $310K

  • —

    bed

  • —

    bath

  • 2,802

    Sqft ($111/Sqft)

Multi-family not for sale
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About 462 Centre Ave

Property type Multi-family
Neighborhood
Year built 1900
HOA fee $0/month
Lot size 2,178 Sqft
Movoto estimate
Rental estimate
Property description
This beautifully maintained triplex, located on a quiet street near the historic district, is an incredible opportunity for investors or those seeking rental income. The first-floor unit features a spacious living room, an eat-in kitchen, bathroom, and 2 bedrooms. The second-floor unit offers a cozy living and dining room, a kitchen, bathroom, and 1 bedroom with the potential to convert into 2 bedrooms. The third-floor unit includes a charming living room/kitchen combo, a bathroom, and 1 bedroom. Recently upgraded from oil to gas heat, this property also boasts ample storage, with yard space easy to maintain, and laundry hookups in the basement. Fully occupied with steady rental income, tenants pay their own electric and gas utility. This gem won’t last long—schedule your showing today!
Listed by
Listing Agent - Veronica Palmer
Listing Office - Iron Valley Real Estate of Berks
Source: Bright MLS mls logo
MLS#PABK2051696 • last updated 5 days ago
Movoto checked Bright MLS for data 8 minutes ago
Overview
Cooling/AC Window Unit(s), None
Heating Natural Gas
Levels/Style Side-by-Side
Type Multi-Family
SubType Triplex
Status Closed
SqFt 2802
Lot Size (SqFt) 2178
Lot Size (Acres) 0.05
County Tax 468, Annually
City/ Town Tax 941
School Tax 931
Tax: Assessed Value 51900
Annual Property Tax 2339
Year Built 1900
Municipality READING CITY
New Construction (Y/N) N
Foreclosure (Y/N) N
Interior
Accessibility Features 2+ Access Exits
Exterior
Construction Stone
Foundation Concrete Perimeter
Parking Desc On Street
Existing Structures Above Grade, Below Grade
Amenities / Utilities
Sewer/ Septic Public Sewer
Pool No Pool
Location
Water Source Public
School District READING
Directions End Of The Row, Corner Lot.
Zoning RES, Buyer's Agent/buyer Will Need To Verify Zoning At Buyer's Expense
Multifamily Details
# 1-Bedroom Units 2
# 2-Bedroom Units 1
Operating Expense 6384
$373K
Range: $331K-$414K
Last 30 days 
Rental est.: $1,067/month
Gross rent multiplier: 24.2
  • Jul 2025
    Public Records
  • Jul 2, 2025 Sold
    $310,000
  • Jun 2025
    mls logo MLS # PABK2051696
  • Jun 17, 2025 Sold
    $310,000 (-1.4%)
  • Jun 9, 2025 Pending
    —
  • Dec 6, 2024 Listed
    $314,500 (+25.8%)
  • Oct 2022
    Public Records
  • Oct 11, 2022 Sold
    $250,000
  • Oct 2022
    mls logo MLS # PABK2016882
  • Oct 5, 2022 Sold
    $250,000
  • Jun 23, 2022 Pending
    —
  • Jun 10, 2022 Listed
    $250,000 (+549.4%)
  • Jan 2002
    Public Records
  • Jan 3, 2002 Sold
    $38,500
  • Dec 2001
    mls logo MLS # 3039690
  • Dec 18, 2001 Sold
    $38,500
  • Aug 23, 2001 Listed
    $38,500
  • Year Property taxes Tax assessment
  • 2025
    $1,409 +2.5%
    $51,900
  • 2024
    $1,374
    $51,900
  • 462 Centre Ave
    $310K
  • Center City
    $219K -4% 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
Central 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 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: 9/1/2026. 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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