Owner
$148,614
348 N 6TH ST, READING, PA
Quick Facts
owner occupied
Yes
vacant
No
corporate owner
No
beds
7
baths
3
sq. ft.
2,482
property type
Multi-Family Dwellings (Generic, 2+)
hoa
No
About
Residential
Fair Condition
Living Area
3 Stories
Full Basement
Hot Water
Masonry
Central
Financial Overview
Home Equity
Property
Outstanding Debt
Property
Loan-to-Value Ratio
Property
Property Features
Year Built
1900
Building Size
2,482 sq ft
Lot Size
1,742 sq ft
Lot Size (Acres)
0.04 acres
Distressed Property Status
In Pre-foreclosure
Property
Notice of Sale Filed
Property
Notice of Default Filed
Property
Scheduled for Auction
Property
Filing Date
Property
Property Location Details
Parcel Number (APN)
07-5307-75-82-3422
County
Berks County, Pennsylvania
Metro Area
Reading, PA
Zoning
—
Neighborhood/Subdivision
—
Lot Number
—
School District
Reading School District
Legal Description
—
Tax & Value Information
Market Value (Total)
$9,300
Building Value
—
Land Value
—
Annual Property Tax
$1,102
Tax Assessment Year
2025
Assessed Value
$40,600
Last Assessment Year
2025
Original Primary Mortgage
Property
Primary Mortgage Type
Property
Original Secondary Mortgage
Property
Secondary Mortgage Type
Property
Current Mortgage Amount
Property
Current Mortgage Type
Property
Interest Rate
Property
Loan Term
Property
Lender Name
—
Last Sale Contract Date
5/19/2004
Recording Date
6/4/2004
Sales Document #
2004.45094
Primary Owner
Property
Co-Owner
Property
Previous Owner
Property
Previous Co-Owner
Property
Recent sales Comparables
Estimated Value:
$0
Average Price per Sq.Ft.: $0.00
Sales Comparables
Real Estate Investment Analysis
Evaluate this property as a fix & flip opportunity
Estimated Profit
$5,751
Return on Investment
15.60%
After Repair Value
$163,475
Basic Inputs
Financing
Down Payment
20%
Interest Rate
6.5%
Loan Term (Years)
30
Holding Period (months)
6
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Analysis Details
Purchase Price
$133,753
Renovation Cost
$7,431
Closing Costs (buying)
$2,675
Holding Costs
$4,058
Selling Costs
$9,809
Total Investment
$36,856
After Repair Value (ARV)
$163,475
Total Costs
$157,725
Estimated Profit
$5,751
Cash Invested
$34,181
Return on Investment
15.60%
Return on Cash Invested
16.82%
Nearby Schools
No Elementary School nearby
No Middle School nearby
No High School nearby
Properties owned by investors
Income Distributions
Ethnicity Distributions
Chart
Yearly Purchases
Connex Segmentation Clusters
Area Profile for Investors
Quiet Residential
Walkability
Poor
(0 POIs within 1mi)
Amenities Within 0.5mi
0
locations
Schools Within 1mi
0
schools
Area Class
A
class
Investor Insight
This is a quiet residential area with 0 amenities within 1 mile.
The area has limited nearby amenities.
Key features for tenant appeal:
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Key Amenities in the Area