OFF MARKET
Off market nov 2016 for $110K
$396,611
Est. refi paymentEst. refi $397/mo
6
bd
•
6.5 ba
•
4,000
sq ft

531 Robeson St, Reading, PA 19601

map-entry

About this home

Attention Investors! Nice corner 7 Unit comprising of 6-1BR Apts, a commercial storefront and 3 garages all with tenant paid heat and electric. Owner pays for water-sewer, trash & recycling. Building designed for multi-units with well laid-out apts. Excellent income & cash flow producing a 22% Cap Rate!!! Updated mechanicals, surveillance cameras on every floor. The storefront was priviously a deli and is currently being used as a property management office. 6 out of the 7 units are currently rented. City Codes compliant as of October 2016. A must have for your investment portfolio!!

Multi-familyProperty Type
1930Year Built
1,307 sq ftLot Size
$99Est. Price/Sq.Ft.
3 spacesParking
Listed by Jose Candelaria • RE/MAX Of Reading
•610-670-2770 (broker)
Bought with Jose Candelaria • RE/MAX Of Reading
•610-670-2770 (broker)
Redfin checked: 2 minutes ago
•Source:BRIGHT MLS #1003897433

Redfin Estimate

$396,611
$287K since sold in November 2016$3,000 since September

This home's estimate is 68.3% higher than the average sale price ($236K) of 6 comparable homes.

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Earn from this home

Refinance
$0
Est. cash available

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Market trends in 19601, PA

Sale history for 531 Robeson St

Tax history for 531 Robeson St

*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.

Public record

Beds
—
Baths
—
Stories
—
Lot width
—
Lot depth
—
Lot size
1,307 Sq. Ft.
Year renovated
—
Sq. Ft.
3,798
Year built
1930
Style
Single Family Residential
County
Berks County
APN
14530743861362
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on May 8, 2023.

Property details

Around this home

Schools

Riverside El School

Public PreK-4 • Assigned • 0.5mi

2/10
Northwest Middle School

Public 5-8 • Assigned • 0.5mi

3/10
Reading Senior High School

Public 9-12 • Assigned • 0.9mi

1/10
Provided by GreatSchools

Lifestyle

Provided by Walk Score and Local Logic

Climate risks

1/10 Flood Factor

Minimal risk of a flood reaching the building in the next 30 years

1/10 Fire Factor

Unlikely to be in a wildfire in next 30 years

5/10 Heat Factor

7 days above 100° expected this year, 16 days in 30 years

4/10 Wind Factor

14% chance of strong winds in next 30 years

2/10 Air Factor

1 unhealthy days expected this year, 2 days in 30 years

Provided by First Street

Historical weather

Reading, PA • 19601
Average low and high temperatures (°F)
35
21
40
26
59
37
67
46
73
55
84
64
88
70
81
62
79
60
68
47
55
39
40
27
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec

Sun exposure

In this area, properties receive around 9.1 hours in June and 3.9 hours in December, placing it below the U.S. average for solar exposure.

9.1 hrs
3.9 hrs
JuneDecember
Provided by Shadowmap
Estimated sale price
$377,000 – $457,000

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Property information provided by BRIGHT MLS when last listed in 2016. This data may not match public records. Learn more.
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GreatSchools Ratings provided by GreatSchools.org.