422 FRANKLIN ST Active Save Request In-Person Tour Request Virtual Tour
Reading,PA 19602
Key Details
Property Type Multi-Family
Sub Type Detached
Listing Status Active
Purchase Type For Sale
Square Footage 6,500 sqft
Price per Sqft $46
MLS Listing ID PABK2048802
Style Other
Abv Grd Liv Area 6,500
Originating Board BRIGHT
Year Built 1880
Annual Tax Amount $3,175
Tax Year 2024
Lot Size 1,742 Sqft
Acres 0.04
Lot Dimensions 0.00 x 0.00
Property Description
Welcome to 422 Franklin St, a spacious and versatile multi-family home located in a prime area directly behind Reading Public Library, offering excellent potential for residential use and adaptability. The property spans 6,500 square feet, providing ample space for various possibilities.
The first-floor unit, previously rented at $1,200 per month, features a full kitchen, two bedrooms, and two full bathrooms. The layout offers flexibility, making it ideal for tenants or potential conversion into other uses.
The second floor offers a full kitchen, four bedrooms, and one bathroom, providing ample living space for families or multiple occupants. It could also be adapted to mixed-use as needed based on approval by the City of Reading.
The full basement offers plenty of space for storage.
The building is located directly across the street from the public parking lot and is in move-in condition, ready for new tenants.
Both floors have separate electric and gas meters, making the property convenient for multiple tenants. The first-floor unit benefits from forced air heating and air conditioning, while the second-floor unit operates with a boiler heating system, allowing for independent utility control.
This property is ideal for multi-family living or other adaptive uses. The property is currently zoned Residential, it is the buyer’s responsibility to verify with local zoning authorities that their intended use complies with current zoning regulations.
An agent is related to the owners.
Location
State PA
County Berks
Area Reading City (10201)
Zoning COM
Rooms
Basement Full
Interior
Interior Features Kitchen - Eat-In
Hot Water Natural Gas
Heating Forced Air,Radiator
Cooling Central A/C
Fireplace N
Heat Source Natural Gas
Exterior
Waterfront N
Water Access N
Accessibility None
Parking Type None
Garage N
Building
Foundation Concrete Perimeter
Sewer Public Sewer
Water Public
Architectural Style Other
Additional Building Above Grade,Below Grade
New Construction N
Schools
High Schools Reading
School District Reading
Others
Tax ID 04-5306-27-79-5543
Ownership Fee Simple
SqFt Source Assessor
Acceptable Financing Conventional
Listing Terms Conventional
Financing Conventional
Special Listing Condition Standard