1550 Perkiomen Ave

Reading PA 19602

1629 sq. ft.

3049 sq. ft.

Duplex

Currently for sale - view listing

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.

Features

4 bedrooms

2 carspaces

1629 sq. ft. floor area

3049 sq. ft. lot size

Duplex

Property history for 1550 Perkiomen Ave

2020

Sold

$130,000

04 Dec 2020 by Brian Hartman, of Iron Valley Real Estate of Berks

2018

Sold

$45,000

28 Feb 2018 by Ed & Teri Lutz/Freeman

Happy sellers in Reading

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