Reading, PA 19602,1511 PERKIOMEN AVE
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Reading, PA 19602,1511 PERKIOMEN AVE

$200,000

Est. payment /mo

$225,000

11.1%
Est.Price: ?

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1511 PERKIOMEN AVE Reading, PA 19602

2,637 SqFt

SOLD DATE : 04/22/2024

Key Details

Sold Price $200,000

Property Type Single Family Home

Sub Type Twin/Semi-Detached

Listing Status Sold

Purchase Type For Sale

Square Footage 2,637 sqft

Price per Sqft $75

Subdivision None Available

MLS Listing ID PABK2036968

Sold Date 04/22/24

Style Converted Dwelling

Abv Grd Liv Area 2,637

Originating Board BRIGHT

Year Built 1900

Annual Tax Amount $2,330

Tax Year 2023

Lot Size 3,484 Sqft

Acres 0.08

Lot Dimensions 0.00 x 0.00

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!

Location

State PA

County Berks

Area Reading City (10201)

Zoning R3

Rooms

Basement Full, Unfinished, Outside Entrance

Interior

Hot Water Electric

Heating Baseboard - Electric

Cooling None

Flooring Wood, Fully Carpeted, Vinyl

Fireplace N

Heat Source Electric

Exterior

Utilities Available Cable TV Available

Waterfront N

Water Access N

Roof Type Pitched

Accessibility None

Parking Type On Street

Garage N

Building

Foundation Stone

Sewer Public Sewer

Water Public

Architectural Style Converted Dwelling

Additional Building Above Grade, Below Grade

New Construction N

Schools

High Schools Reading Senior

School District Reading

Others

Tax ID 16-5316-31-38-4412

Ownership Fee Simple

SqFt Source Estimated

Security Features Security Gate

Acceptable Financing Conventional, FHA, Cash

Listing Terms Conventional, FHA, Cash

Financing Conventional,FHA,Cash

Special Listing Condition Standard

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Bright MLS (BMLS)
Listed by Taj S Simmons • EXP Realty, LLC
Bought with Fernando Hernandez • EXP Realty, LLC

Andie Scheidt

License ID: 652506

+1(410) 241-1754

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