Off Market1522d on marketHistoric · 106 yrs
1253 Cotton St
Reading, PA, 19602 • 19602 • Berks County
$130,300
$113/sqft
3Beds
2Baths
1,152Sqft
0.02 acLot
1920Built
Property DNA
Traditional Style
Built 1920 · 106 years of history
Tile & Hardwood Floors
Quality flooring throughout
Market activity
Demand and pricing signals for this listing
2 views
People checking out this listing
1522 days on market
Established listing
$113/sqft
Price per square foot
About this home
Single Family · Built 1920 · Historic
A great investment opportunity for positive cash flow, this 3BR/1BA home is currently being rented for $700 a month. The current occupants pay all utilities, with the exception of water/sewer/trash. This home was rehabbed in October of 2013; renovations included new laminate hardwood flooring in the living room and bedrooms, new linoleum flooring in the kitchen and laundry room area, and fresh paint throughout. This property and its sister property are being managed by a local property management company. Start making positive cash flow immediately on this group of 2 properties in Reading, Pennsylvania. Units are for sale individually or as a package. Both units are currently rented and generating $1,525 a month in rent. All of the utilities are being paid in full at all properties with the exception of 1 unit where the owner is paying water/trash/sewer. Both properties have been fully rehabbed within the last four years and many extras have been added during this time frame. The properties are being managed by a professional, local property management company. The properties are being liquidated for 25% less than the appraised value...appraisals can be provided for serious inquiries. For more information, please visit MLS #'s 6971003 and 6971005. Please provide a return email or phone number if you wish to be contacted. Buyer must provide their own financing...no owner financing
Estimated monthly payment
Based on current rates
$854/month
Principal & Interest$680
Property Tax$130
Insurance$43
Down payment20% ($26,060)
3%50%
Est. 6.81% rate · 30yr fixed · $104,240 loan
Full calculator →At a glance
Key facts and listing details
TypeSingleFamily
Year Built1920
HeatingOther, Gas
CoolingWall
ParkingOn-street
Lot871 sqft
Property
Home typeSingle Family
StyleTraditional
Year built1920
Systems
HeatingOther, Gas
CoolingWall
RoofOther
Constructionmasonry
Parking & Outdoor
ParkingOn-street
BasementPartially finished
Lot871 sqft
Location & Tax
Neighborhood19602
Annual tax$1,140
Parcel10531630270920
Bathrooms & Fees
Full baths1
Features & details
6 categories of property features
Interior Features
Flooring
Tile
Carpet
Hardwood
Heating
Other
Gas
Cooling
Wall
Exterior Features
Exterior
Brick
Parking
On-street
Construction
masonry
Listing insights
Market data and value estimates
StatusOff Market
Days on market1522
Est. value$130,300
Est. rent$1,396/mo
Tax rate1.51%
Price/sqft$113
Last sold$50,000
Tour days6
Views2
How are the schools in Reading?
3 schools rated nearby
Location
Reading, PA, 19602
Price history
15 events
DateEventPrice$/sqftSource
Feb 7, 2022Sold$50,000$43Bright MLS
Jan 24, 2022Pending Sale$59,000$51Bright MLS
Jan 8, 2022Price Change$59,000$51Bright MLS
Jul 6, 2021Listed For Sale$60,000$52Bright MLS
Jun 1, 2018Sold$25,000$22Public Record
Mar 26, 2018Price Change$28,900$25Destination Realty
Apr 27, 2017Listed For Sale$29,400$26Destination Realty LLC
Feb 13, 2017Listing Removed$29,400$26Destination Realty LLC
Mar 4, 2016Listed For Sale$29,400$26Destination Realty LLC
Jan 22, 2015Listing Removed$29,300$25Destination Realty, llc
Dec 13, 2014Listed For Sale$29,300$25Destination Realty, llc
May 24, 2012Sold$5,000$4Public Record
May 22, 2009Listing Removed$39,900$35RE/MAX of Reading
Jan 7, 2009Listed For Sale$39,900$35RE/MAX of Reading
Apr 18, 2007Sold$30,000$26Public Record
Sold$50,000
Feb 7, 2022•$43/sqft•Bright MLS
Pending Sale$59,000
Jan 24, 2022•$51/sqft•Bright MLS
Price Change$59,000
Jan 8, 2022•$51/sqft•Bright MLS
Listed For Sale$60,000
Jul 6, 2021•$52/sqft•Bright MLS
Sold$25,000
Jun 1, 2018•$22/sqft•Public Record
Price Change$28,900
Mar 26, 2018•$25/sqft•Destination Realty
Listed For Sale$29,400
Apr 27, 2017•$26/sqft•Destination Realty LLC
Listing Removed$29,400
Feb 13, 2017•$26/sqft•Destination Realty LLC
Listed For Sale$29,400
Mar 4, 2016•$26/sqft•Destination Realty LLC
Listing Removed$29,300
Jan 22, 2015•$25/sqft•Destination Realty, llc
Listed For Sale$29,300
Dec 13, 2014•$25/sqft•Destination Realty, llc
Sold$5,000
May 24, 2012•$4/sqft•Public Record
Listing Removed$39,900
May 22, 2009•$35/sqft•RE/MAX of Reading
Listed For Sale$39,900
Jan 7, 2009•$35/sqft•RE/MAX of Reading
Sold$30,000
Apr 18, 2007•$26/sqft•Public Record
Tax history
25 years of records
YearTax paidAssessed value
Apr 10, 2025$1,140$25,300
Apr 10, 2024$1,123$25,300
Apr 10, 2023$1,106$25,300
Apr 10, 2022$1,106$25,300
Apr 10, 2021$1,106$25,300
Apr 10, 2020$1,095$25,300
Apr 10, 2019$454$25,300
Apr 10, 2018$454$25,300
Apr 10, 2017$1,088$25,300
Apr 10, 2016$454$25,300
Apr 10, 2015$572$25,300
Apr 10, 2014—$25,300
Apr 10, 2013—$25,300
Apr 10, 2012—$25,300
Apr 10, 2011—$25,300
Apr 10, 2010—$25,300
Apr 10, 2009—$25,300
Apr 10, 2008—$25,300
Apr 10, 2007—$25,300
Apr 10, 2006—$25,300
Apr 10, 2005—$25,300
Apr 10, 2004—$25,300
Apr 10, 2003—$25,300
Apr 10, 2002—$25,300
Apr 10, 2000—$25,300
Nearby homes
Neighborhood details
Local context around this listing
Reading, PA • Berks County
Nearby neighborhoods
Flying HillsJacksonwaldLincoln ParkLoraneMontrose ManorReifftonSpring RidgeSpringmontWest WyomissingWhitfield
Nearby cities
BirdsboroBoyertownDouglassvilleFleetwoodHamburgKutztownMacungieMohnton
Nearby zip codes
19601196021960419605196061960719608196101961119640
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