1550 Perkiomen Avenue, Reading, PA 19602 - Photo 1

1/1

$254,000

Sold
Closed
Townhouse
1,629 Sq. Ft.

1/1

Property Description

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.

Full Property Details

Full Property Details for 1550 Perkiomen Ave

General

Sold For: $254,000
Taxes: $1,846 (2025)
Status: Closed
Type: Townhouse
Source: BrightMLSPhilly
MLS ID: PABK2072990
Added to Site: 82 day(s) ago

Parking

Total Spaces: 2
Parking Type: Off Street

Location

Area: Reading City (10201)
Municipality: READING CITY
County: BERKS
Driving Directions: ...

School Information

School District: Reading

Heating & Cooling

Cooling Type: None
Heating Type: Hot Water
Heating Fuel: Electric
Water Heater: Electric

Utilities

Sewer: Public Sewer
Water: Public

Structural Information

Architectural Style: Traditional
Structure Type: Interior Row/Townhouse
Construction: Brick
Basement: Yes
Basement Desc.: Full
Foundation: Other
Square Feet: 1,629
Sq. Ft. Source: Assessor
Living Area: 1,629 Sq. Ft.
Finished Above Grnd: 1,629 Sq. Ft.
Year Built: 1900
Year Built Source: Assessor

Unit Information

Other Units: Unit 1, Unit 2

Lot Features

Lot Size (Acres): 0.07
Lot Size (Sq. Ft.): 3,049
Lot Size Source: Assessor
Zoning: 133R

Financial Considerations

Price Per Sq. Ft.: $157.77
Assessment Year: 2026
School Tax: $717
City/TownTax: $769
City/TownTax Freq: Annually
County Tax: $361
County Tax Freq: Annually
Tax w/Assessment: $40,000
Tax Amount: $1,846
Tax Year: 2025
Terms: Standard Sale
Tax Total Finished Sq. Ft.: 1629

Disclosures and Reports

Ownership: Fee Simple
Lot Number: 7102

Listed by Realty One Group Alliance, Nelson F Gamez
Sold by Keller Williams Platinum Realty - Wyomissing, Zylkia R Rivera

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Listing agent

— 1550 Perkiomen Ave —

Nelson F Gamez

Realty One Group Alliance

Listing Office Email: nelsongamezrealtor@gmail.com

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Schools

Schools serving 1550 Perkiomen Ave

School District:Reading School District

Name	Grades	Distance
Sixteenth & Haak El School 1601 Haak Street, Reading, PA 19602	PK-4	0.1 mi
Central Middle School, Reading, PA 215 North 12th Street, Reading, PA 19604	5-8	0.8 mi
Reading Senior High School 801 North 13th Street, Reading, PA 19604	9-12	1.3 mi

Disclaimer: School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 1550 Perkiomen Ave

Date

Details

Price

Change

Source

7/10/2026

Sold

$254,000

-1.17%

MLS

6/07/2026

Price Increased

$257,000

7.13%

MLS

6/06/2026

Listed

$239,901

—

MLS

Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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Condo
Active
Updated 6 days ago

2
Beds
2
Total Baths
1,475
Sq. Ft.

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Just Listed

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Active
Updated 6 days ago

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Beds
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Total Baths
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Active
Updated 5 days ago

3
Beds
2
Total Baths
1,522
Sq. Ft.

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Just Listed

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Single Family
Active
Updated 17 hours ago

4
Beds
1
Total Bath
1,260
Sq. Ft.

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Single Family
Active
Updated 3 days ago

5
Beds
5
Total Baths
6,177
Sq. Ft.

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Price Reduced

-$50 (-5.88%)

$800

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Commercial Lease
Active

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Price Reduced

-$10,000 (-2.22%)

$439,900

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Single Family
Active
Updated 6 days ago

1,950
Sq. Ft.

Listed by Springer Realty Group, Mario A Di Nenna

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Price Reduced

-$10,000 (-2.22%)

$439,900

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Single Family
Active
Updated 6 days ago

8
Beds
3
Total Baths
3,200
Sq. Ft.

Listed by Springer Realty Group, Mario A Di Nenna

1550 Perkiomen Avenue, Reading, PA 19602 (MLS# PABK2072990) is a Townhouse property that was sold at $254,000 on July 10, 2026. Want to learn more about 1550 Perkiomen Avenue? Do you have questions about finding other Townhouse real estate for sale in Reading? You can browse all Reading real estate or contact a Coldwell Banker agent to request more information.

1550 Perkiomen Ave Reading, PA 19602