MLS: #PABK2072990, Listed By: Nelson Gamez, Realty One Group Alliance, Source:Bright MLS
1550 Perkiomen Avenue
READING, PA 19602
4
Bed
0
Bath
1,629Sqft
0.07Acre(Lot)
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 looki
Property Details
Map
Map
What's Nearby
Nearby Areas
Features
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Bedroom Information
Total beds: 4Room Information
Has Basement: Yes Basement: Full -
Interior Features
Appliances: Electric Water Heater -
Heating & Cooling
Has Heating: Yes Heating: Electric, Hot Water Cooling: None
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Building Information
Year Built: 1900 Building Area Total: 1629 Construction Materials: Brick Pool Features: None Private Pool: No
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Lot Information
Lot Dimensions: 0.00 x 0.00 Lot Size Acres: 0.07 Lot Size Source: Assessor Lot Size Square Feet: 3049
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Listing Price Information
Listing Price: $257000
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Tax Information
Parcel Number: 16-5316-31-38-7102 Tax Lot: 7102 Tax Year: 2025 Annual Tax: $1846
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Parking Information
Parking Total: 2 Off Street
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Location Information
Direction: ... WaterSource: Public
How much is this property worth?
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Nearby Home Value
| Address | Estimate | Bed | Bath | Sq. Ft | Lot Size |
|---|---|---|---|---|---|
| Perkiomen Avenue, Reading, PA, 19602 | $1,485,000 | 21 | -- | 15,578 | 15,578 SqFt |
| 1601 Mineral Spring Road, Reading, PA, 19602 | $595,000 | 12 | -- | 6,775 | 6,775 SqFt |
| 226 Orange Street, Reading, PA, 19602 | $159,900 | 4 | -- | 2,184 | 2,184 SqFt |
| 736 AND 738 Franklin St.., Reading, PA, 19602 | $345,000 | 3 | -- | 2,776 | 2,776 SqFt |
| 357 S 3rd Street, Reading, PA, 19602 | $460,000 | 8 | -- | 2,946 | 2,946 SqFt |
Similar Multifamily To 1550 Perkiomen Avenue
Nearby For Sale
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ByOwner last updated this listing 06/11/2026 @ 10:18
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