1361 Perkiomen Ave, Reading, PA 19602

Reading
Local realty services provided by:Better Homes and Gardens Real Estate Maturo
1361 Perkiomen Ave,Reading, PA 19602
$450,000
  • 6 Beds
  • - Baths
  • - sq. ft.
  • Multi-family
  • Sold
Listed by: naomi e brown
Office: capstone commercial
MLS#:PABK2061728
Source:BRIGHTMLS

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Price summary

  • Price:$450,000

About this home

Don’t miss out on this well maintained 5-unit multifamily property. The income is currently strong, with room to grow rents. Since the property is in very good condition with nice updates, the property will easily gather higher rents. Some tenants have been in place for many years, which provides strong stability for a new owner. The generous sized lot provides off street parking for tenants, which is a big bonus in this area. This 5 Unit property has (4) 1 bedroom units and (1) 2 bedroom/ 1.5 bath unit. The residents show pride in their homes and the property is very well maintained, with a quiet escape in the backyard. The roof was put on in 2012, and each unit has central AC and heat pump. There are 5 electric hot water heaters with each tenant paying for their own. The property features beautiful historical touches, while benefiting for all recent updates. There is very solid rent growth upside, along with opportunity to install coin op laundry and charge for parking. The

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Home facts

  • Year built:1931
  • Listing ID #:PABK2061728
  • Added:191 day(s) ago
  • Updated:February 27, 2026 at 12:47 AM

Rooms and interior

  • Bedrooms:6
  • Basement:Yes

Heating and cooling

  • Heating:Natural Gas

Structure and exterior

  • Year built:1931
  • Construction Materials:Brick

Utilities

  • Sewer:Public Sewer

Finances and disclosures

  • Price:$450,000
  • Tax amount:$5,174 (2025)

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