This is a carousel with tiles that activate property listing cards. Use the previous and next buttons to navigate.
1/1
1511 Perkiomen Avenue, Reading, PA 19602
$200,000
1511 Perkiomen Avenue, Reading, PA 19602View this property at 1511 Perkiomen Avenue, Reading, PA 19602
1511 Perkiomen AvenueReadingPA19602
This is a carousel with tiles that activate property listing cards. Use the previous and next buttons to navigate.
1/1
Property Description
Discover a fantastic investment opportunity at 1511 Perkiomen Ave, Reading, Pennsylvania. This multi-unit property offers three income-generating units, making it an excellent choice for both seasoned investors looking to expand their portfolio and newcomers to the world of real estate investment. With three diverse units, it generates a total annual rental income of $26,580, providing a stable and diversified cash flow that's attractive to investors. Tenants are on month-to-month leases, offering flexibility for new ownership. The property's unique feature is that tenants are responsible for their electric bills, which also serves as the heating source, reducing operational expenses. Located in the charming community of Reading, PA, it offers convenient access to local amenities, schools, and transportation. Whether you're an experienced real estate investor looking to expand your portfolio or someone looking to enter real estate investment, 1511 Perkiomen Ave is the ideal opportunity to secure your financial future through real estate. Don't miss out on this lucrative investment; contact us today to schedule a viewing and take the first step toward real estate investment success. Opportunities like this one tend to go quickly, so act fast!
Full Property Details
Full Property Details for 1511 Perkiomen Ave
General
- Sold For: $200,000
- Taxes: $2,330 (2023)
- Status: Closed
- Type: Multi-Family
- MLS ID: PABK2036968
- Added to Site: 174 day(s) ago
Interior
- Flooring: Wood, Fully Carpeted, Vinyl
Additional Information
- Security/Safety: Security Gate
Exterior
- Exterior Features: Sidewalks, Street Lights
Parking
- Parking Type: On Street
Location
- Area: Reading City (10201)
- Municipality: READING CITY
- County: Berks
- Development Name: None Available
- Subdivision: None Available
- Cross Streets: S 15Th
- Driving Directions: 1511 Perkiomen Ave in GPS
School Information
- School District: Reading
- High School: Reading Senior
Heating & Cooling
- Cooling Type: None
- Heating Type: Baseboard - Electric
- Heating Fuel: Electric
- Water Heater: Electric
Utilities
- Sewer: Public Sewer
- Water: Public
- Utility Description: Cable TV Available
Structural Information
- Architectural Info: Converted Dwelling
- Architectural Style: Converted Dwelling
- Structure Type: Twin/Semi-Detached
- Construction: Other
- Basement: Yes
- Basement Entrance: Yes
- Basement Desc.: Full, Unfinished, Outside Entrance
- Foundation: Stone
- Roof: Pitched
- Stories/Levels: 0
- Square Feet: 2,637
- Sq. Ft. Source: Assessor
- Living Area: 2,637 Sq. Ft.
- Finished Above Grnd: 2,637 Sq. Ft.
- Year Built: 1900
- Year Built Source: Assessor
Unit Information
- Other Units: Unit 1, Unit 2, Unit 3
- 1 Bedroom Units: 1
- 2 Bedroom Units: 1
Unit 1
- Unit Description: Unit 1
- Total Bathrooms: 1
- Bedrooms: 1
Unit 2
- Unit Description: Unit 2
- Total Bathrooms: 1
- Bedrooms: 2
Unit 3
- Unit Description: Unit 3
- Total Bathrooms: 1
Lot Features
- Lot Size (Acres): 0.08
- Lot Size (Sq. Ft.): 3,484
- Lot Size Source: Estimated
- Lot Dimensions: 0.00 x 0.00
- Zoning: R3
Financial Considerations
- Price Per Sq. Ft.: $85.32
- Assessment Year: 2023
- School Tax: $956
- City/TownTax: $966
- City/TownTax Freq: Annually
- County Tax: $408
- County Tax Freq: Annually
- Tax w/Assessment: $53,300
- Tax Amount: $2,330
- Tax Year: 2023
- Terms: Standard Sale
- Owner Pays: Water, Trash Collection, Taxes - Real Estate, Insurance
- Landlord Pays: Water, Trash Collection, Taxes - Real Estate, Insurance
- Tax Total Finished Sq. Ft.: 2637
Disclosures and Reports
- Buyer’s Brokerage Compensation: 3%
- Ownership: Fee Simple
- Lot Number: 4412
Listed by EXP Realty, LLC, Taj S Simmons
Sold by EXP Realty, LLC, Fernando Hernandez
Get Pre-Approved Today
Schools
Schools serving 1511 Perkiomen Ave
School District:Reading School District
Rating | Name | Grades | Distance |
---|---|---|---|
1601 Haak St, Reading, PA 19602 | K-5 | 0.2 mi | |
215 N 12th St, Reading, PA 19604 | 5-8 | 0.7 mi | |
801 N 13th St, Reading, PA 19604 | 10-12 | 1.3 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 1511 Perkiomen Ave
Date
Details
Price
Change
Source
4/22/2024
Sold
$200,000
-11.11%
MLS
11/11/2023
Listed
$225,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
1511 Perkiomen Avenue, Reading, PA 19602 (MLS# PABK2036968) is a Multi-Family property that was sold at $200,000 on April 22, 2024. Want to learn more about 1511 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.