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$257,000 Sale Pending

  • For Sale
  • Pending
  • Townhouse
  • 1,629 Sq. Ft.
  • Updated 6 days ago
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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 for 1550 Perkiomen Ave

General

  • Price: $257,000
  • Taxes: $1,846 (2025)
  • Status: Pending
  • Type: Townhouse
  • Source: BrightMLSPhilly
  • MLS ID: PABK2072990
  • Updated: 6/7/2026
  • Added to Site: 7 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
  • Tax Total Finished Sq. Ft.: 1629

Disclosures and Reports

  • Ownership: Fee Simple
  • Lot Number: 7102

Listed by Realty One Group Alliance, Nelson F Gamez

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Listing agent

— 1550 Perkiomen Ave —

  • Nelson F Gamez

    Realty One Group Alliance

Listing Office Email: nelsongamezrealtor@gmail.com

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 1550 Perkiomen Ave

School District:Reading School District
NameGradesDistance
Sixteenth & Haak El School
1601 Haak Street, Reading, PA 19602
PK-40.1 mi
Central Middle School, Reading, PA
215 North 12th Street, Reading, PA 19604
5-80.8 mi
Reading Senior High School
801 North 13th Street, Reading, PA 19604
9-121.3 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 Get Price Alerts and Save Property

Date
Details
Price
Change
Source
6/07/2026
Price Increased
$257,000
7.13%
MLS
6/06/2026
Listed
$239,901
84.54%
MLS
12/03/2020
Sold
$130,000
—
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 1550 Perkiomen Ave

Year
Property Taxes
Change
Tax Assessment
Change
2026
$1,129
4%
$40,000
—
2025
$1,086
3%
$40,000
—
2024
$1,059
-39%
$40,000
—
2023
$1,749
—
$40,000
—
2022
$1,749
—
$40,000
—
2021
$1,749
1%
$40,000
—
2020
$1,731
—
$40,000
—
2019
$1,731
—
$40,000
—
2018
$1,731
1%
$40,000
—
2017
$1,720
1%
$40,000
—
2016
$1,699
5%
$40,000
—
2015
$1,619
1%
$40,000
—
2014
$1,599
—
$40,000
—
View All
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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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

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Listed by Realty One Group Alliance, Nelson F Gamez

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1550 Perkiomen Avenue, Reading, PA 19602 (MLS# PABK2072990) is a Townhouse property with 0 bedrooms and 0 full bathrooms. 1550 Perkiomen Avenue is currently listed for $257,000 and was received on June 06, 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.

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