Reading, PA 19602,1361 PERKIOMEN AVE
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Reading, PA 19602,1361 PERKIOMEN AVE
Reading, PA 19602,1361 PERKIOMEN AVE
Reading, PA 19602,1361 PERKIOMEN AVE
Reading, PA 19602,1361 PERKIOMEN AVE
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Listed by Naomi E Brown • Capstone Commercial
$ 474,990
Est. payment /mo
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Pending

1361 PERKIOMEN AVE Reading, PA 19602

4,750 SqFt


UPDATED:

Key Details

Property Type Multi-Family

Sub Type Detached

Listing Status Pending

Purchase Type For Sale

Square Footage 4,750 sqft

Price per Sqft $99

MLS Listing ID PABK2061728

Style Other

HOA Y/N N

Abv Grd Liv Area 4,750

Year Built 1931

Annual Tax Amount $5,174

Tax Year 2025

Lot Dimensions 0.00 x 0.00

Property Sub-Type Detached

Source BRIGHT

Property Description

Don't miss out on this well maintained 5-unit multifamily property. The income is currently strong, with room to grow rents. Since the property is in very good condition with nice updates, the property will easily gather higher rents.
Some tenants have been in place for many years, which provides strong stability for a new owner. The generous sized lot provides off street parking for tenants, which is a big bonus in this area.
This 5 Unit property has (4) 1 bedroom units and (1) 2 bedroom/ 1.5 bath unit. The residents show pride in their homes and the property is very well maintained, with a quiet escape in the backyard.
The roof was put on in 2012, and each unit has central AC and heat pump. There are 5 electric hot water heaters with each tenant paying for their own.
The property features beautiful historical touches, while benefiting for all recent updates. There is very solid rent growth upside, along with opportunity to install coin op laundry and charge for parking. The tenants all pay for their own electric, and landlord covers trash, sewer and water.

Location

State PA

County Berks

Area Reading City (10201)

Zoning R-3

Rooms

Basement Other

Interior

Hot Water Other

Heating None

Cooling Other

Fireplace N

Heat Source Natural Gas

Exterior

View Y/N N

Water Access N

Accessibility Other

Garage N

Private Pool N

Building

Foundation Other

Above Ground Finished SqFt 4750

Sewer Public Sewer

Water Other

Architectural Style Other

Additional Building Above Grade

New Construction N

Schools

School District Reading

Others

Pets Allowed N

Senior Community No

Tax ID 16-5316-31-28-8653

Ownership Other

SqFt Source 4750

Horse Property N

Special Listing Condition Standard


Bright MLS (BMLS)
Becky Shaible

Becky Shaible

Marketing Real Estate at the Highest Level in PA | UnknownRS343194

+1(570) 971-7833

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1361 PERKIOMEN AVE