1543 Perkiomen Ave, Reading, PA 19602

These multi-units must be purchased together. 1541 is a large 2 unit. The first floor has a very large living room, dining room, kitchen and bath plus a back bedroom on the main level. Upstairs are 3 more bedrooms and a half bath. New tenant moves in on 9/1/2020. Rent is 950 and a yearly lease. The second floor rear unit is a 1 bedroom, yearly lease and is 700 a year. Owner pays w/t/s. Cap rate is 12.65. 1543 is a 3 unit. This building has very low taxes. The first floor unit has a bedroom, living room, dining room and kitchen on the main level and 2 bedrooms and a bath on the second level. The first floor rear unit is a 1 bedroom and the second floor rear is a 1 bedroom. All leases are yearly. All rents are up to date. Both buildings have electric heat. There is a large back yard and an outbuilding that used to be a 1 car detached garage. There is potential to take it down and put a parking pad there ? easily 2 car parking, to increase the value of the building and rents. There is an alley behind the building. Owner pays w/t/s. Cap rate is 13.40. Schedule your private showing today. 1541 and 1543 must be bought together - reference mls # PABK362100 for information and price regarding 1541 Perkiomen Ave. ( additional photos to come ).