1550 Perkiomen Ave, Reading, PA 19602

Reading
Local realty services provided by:ERA Martin Associates
1550 Perkiomen Ave,Reading, PA 19602
$239,901
  • 4 Beds
  • - Baths
  • 1,629 sq. ft.
  • Multi-family
  • Active
Listed by: nelson f gamez
Office: realty one group alliance
MLS#:PABK2072990
Source:BRIGHTMLS

Price summary

  • Price:$239,901
  • Price per sq. ft.:$147.27

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.

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Home facts

  • Year built:1900
  • Listing ID #:PABK2072990
  • Added:3 day(s) ago
  • Updated:June 06, 2026 at 05:44 AM

Rooms and interior

  • Bedrooms:4
  • Basement:Yes
  • Basement Description:Full
  • Living area:1,629 sq. ft.

Heating and cooling

  • Heating:Electric, Hot Water

Structure and exterior

  • Year built:1900
  • Building area:1,629 sq. ft.
  • Lot area:0.07 Acres
  • Architectural Style:Traditional
  • Construction Materials:Brick

Utilities

  • Water:Public
  • Sewer:Public Sewer

Finances and disclosures

  • Price:$239,901
  • Price per sq. ft.:$147.27
  • Tax amount:$1,846 (2025)

Parking

  • Parking description:Off Street

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