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1550 PERKIOMEN Ave, Reading, PA 19602

Sqft
1,629

View property features, location on map, relevant school information and overview from seller's agent.

Listed byRealty One Group Alliance
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Overview

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

Full feature list

Basic info

Property type
Multi-family
Square feet
1,629
Lot size (acres)
0.07
Year built
1900

Interior features

Basement
Yes

Utilities

Heating
Electric
Cooling
None
Sewer
Public Sewer
Water
Public Water

Taxes

Tax Annual Amount (2025)
$1,846

Public schools

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Disclaimer: Certain information displayed on this listing has been derived from parties other than Final Offer, LLC. Information provided and their sources have been deemed reliable, but accuracy of information is not guaranteed and therefore should be independently verified.

Sourced from: Bright MLS MLS®#: PABK2072990 Last checked:

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