#PABK2057736, Reading Realty Group, Listing office: Reading Realty Group
Property details
About 725 N 2nd St
Three - units with two - car garage apartment building in the center park neighborhood, fully occupied, long term ownership, total actual income $ 33.600.00- Expenses $7400.00-solid 7% cap rate. tremendous upside as tenants are month-month, great investment or owner occupied virtually free, sellers have a large collection of properties of every size throughout the city of Reading for investors seeking to acquire or start portfolios, contact listing broker.
Highlights
(ACTIVE)
Summary
- Basement: Yes
- Garage Space: 2 spaces
- Parking: Garage - Rear Entry, Detached Garage,On Street
- Architectural Style: Colonial
- Heating: Radiant
- Cooling: Window Unit(s)
- List Price: $375,000
- Price/SqFt: $225
- Annual Tax Amount: $1,212
- Tax Year: 2024
- Directions: N/A
- Year Built: 1900
- Living Area: 1,664 SqFt
- Municipality: Reading City
- Lot Size: 0.06 Acres
- MLS Number: PABK2057732
- MLS Name: BRIGHT
- Office Name: Reading Realty Group
- Office Phone: (610) 507-2073
- Listing Agent: Reading Realty Group
- Agent Phone: (610) 507-2073
- Agent Email: readingrealtygroup@outlook.com
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Price information
Property sales
Date | Event | Price |
---|---|---|
Jan 14, 2008 | Home Sold | $85,000 |
Nov 23, 2005 | Home Sold | $73,000 |
Jul 20, 2004 | Home Sold | $60,000 |
Jul 09, 2002 | Home Sold | $29,000 |
Tax history
Year | Assessment | Property Tax |
---|---|---|
2024 | $45,800 | $1,212 |
2023 | $45,800 | $2,002 |
2022 | $45,800 | $2,002 |
2021 | $45,800 | $2,002 |
2020 | $45,800 | $1,982 |
2019 | $45,800 | $1,982 |
2018 | $45,800 | $1,982 |
2017 | $45,800 | $1,968 |
History based on county public records data.
Nearby schools
6
Lauer's Park Elementary School
Public District PK-4
0.5 mi
•251 N 2nd St
5
Northwest Area Elementary School
Public District PK-4
0.7 mi
•820 Clinton St
3
Riverside Elementary School
Public District PK-4
0.7 mi
•1400 Centre Ave
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $40,030. The majority of Reading, PA residents have income between $35k-100k annually. The majority of families are single, no kids. The majority of residents in this area have high school diploma education.
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Frequently asked questions
About 725 N 2nd St
The listing price of 725 N 2nd St property is $375,000.
The property 725 N 2nd St is a multi located in Reading, Pennsylvania, 19601.
Active Listing: 725 N 2nd St is For Sale (Active/New) which means the seller is accepting offers.
The nearby schools for 725 N 2nd St are: Lauer's Park Elementary School (GreatSchools Rating 6/10), Northwest Area Elementary School (GreatSchools Rating 5/10), Riverside Elementary School (GreatSchools Rating 3/10), Northwest Middle School (GreatSchools Rating 4/10), Southwest Middle School (GreatSchools Rating 4/10), Central Middle School (GreatSchools Rating 4/10), Reading Senior High School (GreatSchools Rating 2/10), Wyomissing Area Jr. / Sr. High School (GreatSchools Rating 5/10), Muhlenberg Middle School (GreatSchools Rating 4/10).
According to the records, the last property tax for 2024 is $1,212 (source: MLS/based on county public records data).
The last sale was on January 14, 2008 for $85,000 (source: MLS/tax record).
The property 725 N 2nd St is 1,664 SqFt (source: MLS/tax record).
The year of construction for 725 N 2nd St is 1900.
This home is located at 725 N 2nd St in Reading, PA and zip code 19601 in the Queen Anne Historic District neighborhood. This 1,664 square foot home, which was built in 1900, sits on a 0.06 acre lot. Features: 0 bathroom. It has been listed on Rocket Homes since June 6, 2025 and is currently priced at $375,000.
In June 2025 in Reading, PA there were 92.2% more homes for sale than in May. The median list price of listings available in June 2025 was $279,900, while the average time on the real estate market was 40 days.