1550 Perkiomen Ave, Reading, PA 19602
Local realty services provided by:Mountain Realty ERA Powered
1550 Perkiomen Ave,Reading, PA 19602
$254,000
- 4 Beds
- - Baths
- - sq. ft.
- Multi-family
- Sold
Listed by: nelson f gamez
Office: realty one group alliance
MLS#:PABK2072990
Source:BRIGHTMLS
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Price summary
- Price:$254,000
About this home
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.
Contact an agent
Home facts
- Year built:1900
- Listing ID #:PABK2072990
- Added:42 day(s) ago
- Updated:July 15, 2026 at 11:15 AM
Rooms and interior
- Bedrooms:4
- Basement:Yes
- Basement Description:Full
Heating and cooling
- Heating:Electric, Hot Water
Structure and exterior
- Year built:1900
- Architectural Style:Traditional
- Construction Materials:Brick
Utilities
- Water:Public
- Sewer:Public Sewer
Finances and disclosures
- Price:$254,000
- Tax amount:$1,846 (2025)
Parking
- Parking description:Off Street
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