1627 Perkiomen Ave, Reading, PA 19602

Grand Victorian stone & brick end of row 4 unit fully rented and producing excellent cash flow! The building has many recent updates and is in very good overall condition. Unit 1 is a 2 story apt, 1st & 2nd floor front, has 4 rms, 2BRS, ornamental brick fireplace in the living room, hardwood floors, wall mounted gas heater, electric baseboard heat, electric range/oven, beautiful natural woodwork and stained glass windows, tiled bath, some replacement windows, rented for $725/month by one of the cleanest tenants you will ever find. Unit 2, 1st flr rear, 3 rooms, 1 BR, gas heater in the living area, electric baseboard heat, electric range/oven, hardwood floor in the BR, ceramic tiled kitchen, some replacement windows, rented for $550/month. Unit 3, 2nd flr rear, 3 rooms, 1BR, electric baseboard heat, elec. range/oven, some replacement windows, rented for $625/month, Unit 4, 3rd flr, 4 rooms, 2 BRS, rented for $675/month. Tenants pay for the electric heat, gas heat, electric hot water. Owner pays for water/sewer/trash/recycling. Large storage room at the rear of the property is used to store the trash cans. 4 electric water heaters in the basement. 200 AMP service main. Old oil heater in the basement is not in use. Solid building top to bottom. Fantastic money maker! Cap Rate 16%. Add this great building to your investment portfolio today.