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Sold on 12/19/2023

515 Laurel St, Reading, PA 19602

$402,000

Last sold 12/19/2023 for $299K

  • —

    bed

  • —

    bath

  • 2,228

    Sqft ($135/Sqft)

Multi-family not for sale
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About 515 Laurel St

Property type Multi-family
Neighborhood
Year built 1900
HOA fee $0/month
Lot size 1,307 Sqft
Movoto estimate
Rental estimate
Property description
Welcome to 515 Laurel Street, a remarkable investment opportunity in the heart of Reading, PA. This well-maintained four-unit property, each unit featuring 1 bedroom and 1 bathroom with tenants paying the electric heat, and electric hot water. This is turnkey investment, boasting stability, convenience, and long term tenants in place. Don't miss out on this exceptional opportunity to add a stable and income-generating property to your investment portfolio. Contact us to schedule your private tour and explore the lucrative potential of 515 Laurel Street in Reading, PA. Act swiftly, as four-unit properties like this rarely linger on the market.
Listed by
Listing Agent - Scott Kevin Gentile Jr.
Listing Office - The JRS Realty Group
Source: Bright MLS mls logo
MLS#PABK2036782 • last updated 2 years ago
Movoto checked Bright MLS for data 3 minutes ago
Overview
Cooling/AC Window Unit(s), Electric
Heating Natural Gas
Levels/Style Traditional
Type Multi-Family
SubType Quadruplex
Status Closed
SqFt 2228
Lot Size (SqFt) 1306.8
Lot Size (Acres) 0.03
County Tax 294, Annually
City/ Town Tax 696
School Tax 689
Tax: Assessed Value 38400
Annual Property Tax 1679
Year Built 1900
Condition Very Good
Municipality READING CITY
New Construction (Y/N) N
Foreclosure (Y/N) N
Interior
Basement Full
Total # of Rooms 13
Appliances Stove, Refrigerator
Walls/ Ceilings Plaster Walls, Dry Wall
Window Features Double Pane
Accessibility Features None
Exterior
Roof Rubber
Construction Brick
Foundation Permanent
Parking Desc On Street
Existing Structures Above Grade, Below Grade
Amenities / Utilities
Utilities Natural Gas Available
Sewer/ Septic Public Sewer
Pool No Pool
Location
Water Source Public
High School READING SENIOR
School District READING
Directions Use GPS
Zoning RESI
Multifamily Details
# 1-Bedroom Units 4
$402K
Range: $361K-$442K
Last 30 days 
Rental est.: $951/month
Gross rent multiplier: 26.3
  • Jan 2024
    Public Records
  • Jan 17, 2024 Sold
    $299,900
  • Jan 2024
    mls logo MLS # PABK2036782
  • Jan 12, 2024 Sold
    $299,900
  • Nov 19, 2023 Pending
    —
  • Nov 14, 2023 Listed
    $299,900 (+76.4%)
  • Mar 2021
    Public Records
  • Mar 23, 2021 Sold
    $170,000
  • Mar 2021
    mls logo MLS # PABK371136
  • Mar 16, 2021 Sold
    $170,000 (-4.4%)
  • Dec 22, 2020 Pending
    —
  • Dec 21, 2020 Hold
    —
  • Dec 3, 2020 Listed
    $177,900 (+475.7%)
  • Aug 2013
    Public Records
  • Aug 12, 2013 Sold
    $30,900
  • Jul 2013
    mls logo MLS # 1004194900
  • Jul 26, 2013 Sold
    $30,900 (-13.9%)
  • Dec 31, 2012 Listed
    $35,900 (-28.2%)
  • Jun 2013
    mls logo MLS # 6153937
  • Jun 20, 2013 Price Change
    $35,900 (-10.0%)
  • Dec 31, 2012 Listed
    $39,900 (+11.1%)
  • May 2008
    Public Records
  • May 14, 2008 Sold
    $50,000
  • May 2008
    mls logo MLS # 5265179
  • May 12, 2008 Sold
    $50,000 (-16.7%)
  • Feb 1, 2008 Listed
    $60,000 (+150.0%)
  • Jul 2007
    Public Records
  • Jul 17, 2007 Sold
    $24,000
  • Year Property taxes Tax assessment
  • 2025
    $1,042 +2.5%
    $38,400
  • 2024
    $1,017
    $38,400
  • 515 Laurel St
    $299K
  • Callowhill
    $109K
  • 19602
    $165K 0% y/y
  • Reading
    $252K -6% y/y
No chart available
Statistics calculated by Movoto

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2/10
Tyson-Schoener El School
public Grades PK, K-4
Reading School District
4/10
SOUTHWEST MS
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: 9/24/2026. 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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