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1550 Perkiomen Avenue, Reading, PA 19602

$257,000
  • 1550 Perkiomen Avenue, Reading, PA 19602 Main Photo

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PENDING
BEDS0 BATHS SQUARE FEET1,629 MLS#PABK2072990
STATUSPENDING PROPERTY TYPEMulti Unit - Multiple SCHOOLREADING

Property Description

Here’s a more polished, investor-focused version that highlights the income potential and owner-occupant opportunity: Turnkey 2 unit investment property offering immediate cash flow and strong rental history. Both tenants pay their own heat and hot water, helping keep operating expenses low. Additional features include laundry facilities in the basement and 2 off street parking spaces. Unit 1 (First Floor): 1 Bedroom, 1 Full Bath, currently rented for $1,000 per month. Unit 2 (Second & Third Floors): 3 Bedrooms, 1 Full Bath, currently rented for $1,400 per month to a long term tenant. Generating a gross annual income of $28,800, this property presents an excellent opportunity for investors seeking steady cash flow and solid returns. It is also a great option for an owner occupant looking to offset their mortgage with rental income. Whether you're expanding your portfolio or purchasing your first investment property, this well maintained duplex is one you won't want to miss.

1550 Perkiomen Avenue | MLS# PABK2072990

This multi-family property located at 1550 Perkiomen Avenue, Reading, PA 19602 is currently listed for sale with an asking price of $257,000. Perkiomen Avenue is located within the READING school district. Search Reading real estate on www.reexcelpros.com today.

Property Features

Property Type: Multi Unit - Multiple
Basement: Full
Basement: Yes
Cooling: None
Fuel Type: Electric
Heating: Hot Water
Home Style: Traditional
Lot Size: 0.07 Acres
Taxes: $1,846
Year Built: 1900

Feature Descriptions

Additional Structures: Above Grade, Below Grade
Days on Site: 13
Exterior: Brick
Lot Dimensions: 0.07 Acre(S)
Municipality: READING CITY
One Bedroom Units: 1
Sewer: Public Sewer
Structure Type: Interior Row/Townhouse
Three Bedroom Units: 1
Total Garage/Parking Spaces: 2
Units: 2
Water: Public

Local Schools

School District: READING

Listed By / Shown By

Listed By

Agency Name: Realty One Group Alliance
Agency Phone: 6104848663

Shown By

Agency Title: Real Estate Excel, The Baringer Group, Ltd.
Agency Phone: 215-536-9550

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Estimated Payment

$ 800.76 per month $571.97 Principal & Interest $153.83 Property Tax $74.96 Homeowner's Insurance

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