Bought with Zylkia R Rivera • Keller Williams Platinum Realty - Wyomissing
$254,000
$257,000
1.2%For more information regarding the value of a property, please contact us for a free consultation.
1550 PERKIOMEN AVE Reading, PA 19602
1,629 SqFt
Key Details
Sold Price $254,000
Property Type Multi-Family
Sub Type Interior Row/Townhouse
Listing Status Sold
Purchase Type For Sale
Square Footage 1,629 sqft
Price per Sqft $155
MLS Listing ID PABK2072990
Sold Date 07/10/26
Style Traditional
Abv Grd Liv Area 1,629
Year Built 1900
Available Date 2026-06-06
Annual Tax Amount $1,846
Tax Year 2025
Lot Size 3,049 Sqft
Acres 0.07
Lot Dimensions 0.00 x 0.00
Property Sub-Type Interior Row/Townhouse
Source BRIGHT
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.
Location
State PA
County Berks
Area Reading City (10201)
Zoning 133R
Rooms
Basement Full
Interior
Hot Water Electric
Heating Hot Water
Cooling None
Fireplace N
Heat Source Electric
Exterior
Garage Spaces 2.0
Water Access N
Accessibility None
Total Parking Spaces 2
Garage N
Building
Foundation Other
Above Ground Finished SqFt 1629
Sewer Public Sewer
Water Public
Architectural Style Traditional
Additional Building Above Grade, Below Grade
New Construction N
Schools
School District Reading
Others
Tax ID 16-5316-31-38-7102
Ownership Fee Simple
SqFt Source 1629
Special Listing Condition Standard
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