Looking for a nice , large, income producing 2 unit?A fresh and bright newly painted porch and being well maintained makes this is a great building to add to or start your portfolio. Take a look at the first floor , currently being used as a 2 bedroom , public records says 1, there is a bedroom on the upper level. The rooms are huge, lovely living room space nice kitchen, private bath off kitchen and a flat yard . The second unit is a 3 bedrooms, also have great room sizes. The taxes are good. The first floor pays 675, the second unit pays 670. The total expenses are 3916 with income of 16,140. Cap rate is a very good 12.34% This building is located close to bus transportation, shopping, parks, and schools. Schedule an appointment I think you will like what you see.
Off market
$40,800
1620 Perkiomen Ave, Reading, PA 19602
--beds
0baths
1,931sqft
MultiFamily
Built in 1900
-- sqft lot
$-- Zestimate®
$21/sqft
$1,337 Estimated rent
Owner options
What's special
Facts & features
Interior
Bedrooms & bathrooms
- Bathrooms: 0
Heating
- Baseboard, Electric
Cooling
- None
Features
- Flooring: Carpet, Linoleum / Vinyl
- Basement: Y
Interior area
- Total interior livable area: 1,931 sqft
Property
Parking
- Total spaces: 105
Features
- Exterior features: Brick
- Has view: Yes
- View description: Water
- Has water view: Yes
- Water view: Water
Lot
- Size: 1,742 sqft
Details
- Parcel number: 16531632480079
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Architectural style: Converted Dwelling
Materials
- masonry
- Roof: Metal
Condition
- Year built: 1900
Community & neighborhood
Location
- Region: Reading
Other
Other facts
- HeatingYN: true
- NumberOfUnitsTotal: 2
- ConstructionMaterials: Brick
- NumberOfUnitsInCommunity: 2
- SpecialListingConditions: Standard
- View: Water
- ParkingFeatures: On Street
- StructureType: Row/Townhouse
- Heating: Baseboard - Electric
- ArchitecturalStyle: Converted Dwelling
- Basement: Y