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1500 Perkiomen Avenue, Reading, PA 19602

$455,000 Just Listed

  • For Sale
  • Active
  • Multi-Family
  • Updated 3 days ago
1500 Perkiomen Avenue, Reading, PA 19602View this property at 1500 Perkiomen Avenue, Reading, PA 19602
1500 Perkiomen AvenueReadingPA19602
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Welcome to opportunity in this brownstone apartment building! With six residential apartments, located in a historic, tree lined part of town less than a mile from Santender Arena and many other conveniences of downtown, this makes for a great opportunity to add to an investor's portfolio. With arched windows and lots of hardwood flooring throughout, the building features loads of old world charm, and opportunity to refurbish further and create even more of it. With several of the apartments recently renovated, the property is ready to create cashflow for it's next owner from day one. There's lots of remaining upside to raise rents, the apartments are spacious, well laid out, and overall in conditions varying from good to great. Don't miss this one, call us or your realtor for a tour today!

Full Property Details for 1500 Perkiomen Ave

General

  • Price: $455,000
  • Taxes: $3,939 (2023)
  • Status: Active
  • Type: Multi-Family
  • MLS ID: PABK2027704
  • Updated: 3/17/2023
  • Added: 4 day(s) ago

Interior

  • Flooring: Wood, Vinyl

Additional Information

  • Security/Safety: Smoke Detector

Parking

  • Parking Features: Public
  • Parking Type: On Street

Location

  • Area: Reading City (10201)
  • Municipality: READING CITY
  • County: Berks
  • Cross Streets: Perkiomen Ave
  • Driving Directions: GPS
  • Location Details: Urban

School Information

  • School District: Reading
  • Elementary School: 16Th and Haak
  • Middle School: Southern
  • High School: Reading Senior

Heating & Cooling

  • Cooling Type: Window Unit(s)
  • Cooling Fuel: Electric
  • Heating Type: Hot Water
  • Heating Fuel: Oil
  • Water Heater: Oil

Utilities

  • Sewer: Public Sewer
  • Water: Public
  • Utility Description: Electric Available, Sewer Available

Structural Information

  • Architectural Info: Traditional
  • Architectural Style: Traditional
  • Structure Type: End of Row/Townhouse
  • Construction: Stone
  • Foundation: Stone
  • Roof: Rubber, Asphalt
  • Stories/Levels: 0
  • Sq. Ft. Source: Assessor
  • Year Built: 1900
  • Year Built Source: Estimated
  • Property Condition: Good, Average, Very Good

Unit Information

  • Other Units: Unit 1, Unit 2, Unit 4, Unit 5, Unit 3, Unit 6
  • 1 Bedroom Units: 1
  • 2 Bedroom Units: 2
  • 3 Bedroom Units: 1

Unit 1

  • Unit Description: Unit 1
  • Total Bathrooms: 2
  • Bedrooms: 5

Unit 2

  • Unit Description: Unit 2
  • Total Bathrooms: 1
  • Bedrooms: 2

Unit 3

  • Unit Description: Unit 3
  • Total Bathrooms: 1
  • Bedrooms: 2

Unit 4

  • Unit Description: Unit 4
  • Total Bathrooms: 1
  • Bedrooms: 2

Unit 5

  • Unit Description: Unit 5
  • Total Bathrooms: 1
  • Bedrooms: 1

Unit 6

  • Unit Description: Unit 6
  • Total Bathrooms: 1

Lot Features

  • Property View: City, Street
  • Lot Size (Acres): 0.09
  • Lot Size (Sq. Ft.): 3,920
  • Lot Size Source: Assessor
  • Lot Dimensions: 115' x 42' x 110' x 26'
  • Frontage Feet: 42
  • Street/Road Desc.: Black Top
  • Lot Features: Sloping
  • Zoning: MIX
  • Lot Description: Sloping

Financial Considerations

  • Assessment Year: 2023
  • School Tax: $1,615
  • City/TownTax: $1,633
  • City/TownTax Freq: Annually
  • County Tax: $690
  • County Tax Freq: Annually
  • Tax w/Assessment: $90,100
  • Tax Amount: $3,939
  • Tax Year: 2023

Disclosures and Reports

  • Buyer’s Brokerage Compensation: 3%
  • Ownership: Fee Simple
  • Exclusions: Tenants Belongings
  • Inclusions: All appliances not belonging to tenants
  • Lot Number: 3243

Listed by Keller Williams Elite, Benuel Esh

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Listing agent

— 1500 Perkiomen Ave —

  • Benuel Esh

    Keller Williams Elite

Get Pre-Approved Today

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Schools serving 1500 Perkiomen Ave

School District:Reading School District
RatingNameGradesDistance
3
16th and Haak Elementary School
1601 Haak St, Reading, PA 19602
K-50.2 mi
1
Reading Intermediate High School
215 N 12th St, Reading, PA 19604
5-80.7 mi
4
Reading Senior High School
801 N 13th St, Reading, PA 19604
10-121.3 mi
Disclaimer: School ratings provided by GreatSchools. Ratings are on a scale of 1-10. Learn more about GreatSchools ratings. School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 1500 Perkiomen Ave Get Price Alerts and Save Property

Date
Details
Price
Change
Source
3/17/2023
Listed
$455,000
84.96%
MLS
3/30/2021
Sold
$246,000
—
Public Record
Get Price Alerts and Save Property
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Tax History for 1500 Perkiomen Ave

Year
Property Taxes
Change
Tax Assessment
Change
2022
$3,939
—
$90,100
—
2021
$3,939
1%
$90,100
—
2020
$3,899
—
$90,100
—
2019
$3,899
—
$90,100
—
2018
$3,899
1%
$90,100
—
2017
$3,873
1%
$90,100
—
2016
$3,827
5%
$90,100
—
2015
$3,646
1%
$90,100
—
2014
$3,602
—
$90,100
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Estimate the Cost for 1500 Perkiomen Ave

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*These costs are estimates, and the interest rates assume exceptional credit standing.

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Community Info for 1500 Perkiomen Ave

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Listed by Keller Williams Elite, Benuel Esh

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1500 Perkiomen Avenue, Reading, PA 19602 (MLS# PABK2027704) is a Multi-Family property with 4 units containing 0 bedrooms and 0 full bathrooms. 1500 Perkiomen Avenue is currently listed for $455,000 and was received on March 17, 2023. Want to learn more about 1500 Perkiomen Avenue? Do you have questions about finding other Multi-Family real estate for sale in Reading? You can browse all Reading real estate or contact a Coldwell Banker agent to request more information.

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