1550 Perkiomen Ave, Reading, PA 19602

Reading
Local realty services provided by:Better Homes and Gardens Real Estate Maturo
1550 Perkiomen Ave,Reading, PA 19602
$257,000
  • 4 Beds
  • - Baths
  • 1,629 sq. ft.
  • Multi-family
  • Pending
Listed by: nelson f gamez
Office: realty one group alliance
MLS#:PABK2072990
Source:BRIGHTMLS

Price summary

  • Price:$257,000
  • Price per sq. ft.:$157.77

About this home

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.

Contact an agent

contact an agent

Yes, I would like more information. Please use and/or share my information with a BHGRE®  affiliated agent to contact me about my real estate needs. By clicking Send message, I request to be contacted by phone or text message and consent to being contacted by automated means. I understand that my consent to receive calls or texts is not a condition of purchasing any property, goods, or services. Alternatively, I understand that I can access real estate services by email or I can contact the agent myself.

If a BHGRE®  affiliated agent is not available in the area where I need assistance, I agree to be contacted by a real estate agent affiliated with another brand owned or licensed by Anywhere Real Estate (CENTURY 21® , Coldwell Banker® , Corcoran® , ERA® , Sotheby's International Realty® ). I acknowledge that I have read and agree to theTerms of useandPrivacy notice

Home facts

  • Year built:1900
  • Listing ID #:PABK2072990
  • Added:5 day(s) ago
  • Updated:June 08, 2026 at 10:23 AM

Rooms and interior

  • Bedrooms:4
  • Basement:Yes
  • Basement Description:Full
  • Living area:1,629 sq. ft.

Heating and cooling

  • Heating:Electric, Hot Water

Structure and exterior

  • Year built:1900
  • Building area:1,629 sq. ft.
  • Lot area:0.07 Acres
  • Architectural Style:Traditional
  • Construction Materials:Brick

Utilities

  • Water:Public
  • Sewer:Public Sewer

Finances and disclosures

  • Price:$257,000
  • Price per sq. ft.:$157.77
  • Tax amount:$1,846 (2025)

Parking

  • Parking description:Off Street

New listings near 1550 Perkiomen Ave