518 MUHLENBERG ST Reading, PA 19605
UPDATED:
11/13/2024 05:35 PM
Key Details
Property Type Single Family Home
Sub Type Detached
Listing Status Pending
Purchase Type For Sale
Square Footage 1,792 sqft
Price per Sqft $111
Subdivision None Available
MLS Listing ID PABK2050804
Style Traditional
Bedrooms 4
Full Baths 2
HOA Y/N N
Abv Grd Liv Area 1,792
Originating Board BRIGHT
Year Built 1960
Annual Tax Amount $4,533
Tax Year 2024
Lot Size 10,454 Sqft
Acres 0.24
Lot Dimensions 0.00 x 0.00
Property Description
**Investor Special! Rare opportunity to transform a spacious home with incredible potential as either a single-family residence or a multi-unit property. The property is a registered rental, and the previous owners utilized it as a two-family dwelling, with a matching layout on the first and second floors: each has a living room, kitchen, two bedrooms, and a full bath. For those looking to convert it into a multi-unit, an outdoor staircase could easily be added from the backyard to the second-floor kitchen, or simply restore it as a roomy single-family home.
The property features a large, fenced backyard, a generous lot with ample room for off-street parking, and potential space for a shed or garage. Conveniently located near shopping, amenities, and major highways for easy access.
Please note, the property experienced water damage to the first floor and basement due to a broken pipe in the first-floor bathroom. Damaged flooring was removed, leaving the subfloor in place, and the basement has been professionally gutted and repaired by Uhrig Construction.
Investment opportunities like this are rare in today’s market. 518 Muhlenberg St is priced to sell and offers endless possibilities—don’t miss this chance to maximize your investment potential!
Location
State PA
County Berks
Area Muhlenberg Twp (10266)
Zoning RESIDENTIAL
Rooms
Other Rooms Living Room, Kitchen
Basement Full
Main Level Bedrooms 2
Interior
Hot Water Natural Gas
Heating Forced Air
Cooling None
Flooring Hardwood
Fireplace N
Heat Source Natural Gas
Exterior
Waterfront N
Water Access N
Roof Type Shingle
Accessibility None
Parking Type Off Site, On Street
Garage N
Building
Story 2
Foundation Block
Sewer Public Sewer
Water Public
Architectural Style Traditional
Level or Stories 2
Additional Building Above Grade, Below Grade
New Construction N
Schools
School District Muhlenberg
Others
Senior Community No
Tax ID 66-5308-11-75-3277
Ownership Fee Simple
SqFt Source Assessor
Acceptable Financing Cash
Listing Terms Cash
Financing Cash
Special Listing Condition Standard