Reading, PA 19602,1361 PERKIOMEN AVE
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Reading, PA 19602,1361 PERKIOMEN AVE
Reading, PA 19602,1361 PERKIOMEN AVE
Reading, PA 19602,1361 PERKIOMEN AVE
Reading, PA 19602,1361 PERKIOMEN AVE
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Listed by Naomi E Brown • Capstone Commercial
$ 474,990
Est. payment /mo
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Pending

1361 PERKIOMEN AVE Reading, PA 19602

0.29 Acres Lot


UPDATED:

Key Details

Property Type Commercial

Sub Type Five Or More Units

Listing Status Pending

Purchase Type For Sale

MLS Listing ID PABK2061142

Year Built 1931

Annual Tax Amount $5,174

Tax Year 2025

Lot Size 0.290 Acres

Acres 0.29

Lot Dimensions 0.00 x 0.00

Property Sub-Type Five Or More Units

Source BRIGHT

Property Description

Don't miss out on this well maintained 5-unit multifamily property. The income is currently strong, with room to grow rents. Since the property is in very good condition with nice updates, the property will easily gather higher rents.

Some tenants have been in place for many years, which provides strong stability for a new owner. The generous sized lot provides off street parking for tenants, which is a big bonus in this area.

This 5 Unit property has (4) 1 bedroom units and (1) 2 bedroom/ 2 bath unit. The residents show pride in their homes and the property is very well maintained, with a quiet escape in the backyard. Contact agent for group tour time.

The roof was put on in 2012, and each unit has central AC and heat pump. There are 5 electric hot water heaters with each tenant paying for their own.

The property features beautiful historical touches, while benefiting for all recent updates. There is very solid rent growth upside, along with opportunity to install coin op laundry and charge for parking. The tenants all pay for their own electric, and landlord covers trash, sewer and water.

Contact agent for group tour dates. Income and expenses in documents.

Location

State PA

County Berks

Area Reading City (10201)

Zoning R-3

Interior

Hot Water Other

Heating None

Cooling Other

Heat Source Natural Gas

Exterior

Garage Spaces 5.0

Water Access N

Accessibility Other

Total Parking Spaces 5

Garage N

Building

Sewer Public Sewer

Water Public

New Construction N

Schools

School District Reading

Others

Tax ID 16-5316-31-28-8653

Ownership Fee Simple

Special Listing Condition Standard


Bright MLS (BMLS)

NEARBY SCHOOLS & PROPERTIES

SCHOOLSPROPERTIES
Elementary Schools 20
  • 7

    West Reading Elementary Center

    Public | 5 - 6

  • 6

    Northwest Area Elementary School

    Public | PK - 4

  • 5

    Cumru Elementary School

    Public | KG - 4

  • 5

    Governor Mifflin Intermediate School

    Public | 5 - 6

  • 5

    Lauer's Park Elementary School

    Public | PK - 4

  • 5

    Amanda E. Stout Elementary School

    Public | PK - 4

  • 5

    12th and Marion Elementary School

    Public | PK - 4

  • 5

    Mount Penn Elementary Center

    Public | 2 - 6

  • 4

    Northwest Middle School

    Public | 5 - 8

  • 4

    Millmont Elementary School

    Public | PK - 4

  • 4

    10th and Green Elementary School

    Public | PK - 4

  • 4

    Central Middle School

    Public | 5 - 8

  • 4

    Northwest Middle School

    Public | 5 - 8

  • 4

    13th and Green Elementary School

    Public | PK - 4

  • 4

    16th and Haak Elementary School

    Public | PK - 4

  • 3

    Glenside Elementary School

    Public | PK - 4

  • 3

    Riverside Elementary School

    Public | PK - 4

  • 3

    Southern Middle School

    Public | 5 - 8

  • 3

    10th and Penn Elementary School

    Public | PK - 4

  • 3

    13th and Union Elementary School

    Public | PK - 4

Middle Schools 3
  • 6

    Exeter Township Junior High School

    Public | 7 - 8

  • 4

    Antietam Middle Senior High School

    Public | 7 - 12

  • 2

    Southwest Middle School

    Public | 6 - 7

High Schools 5
  • 7

    Exeter Township Senior High School

    Public | 9 - 12

  • 2

    Reading Senior High School

    Public | 9 - 12

  • 1

    I-Lead Charter School

    Public | 9 - 12

  • 0

    Berks Catholic High School

    Private | 9 - 12

  • 0

    Reading Muhlenberg Ctc

    Public | 9 - 12

School and business data provided by Attom Data.
Dana Ubele

Dana Ubele

Broker | License ID: 0448855

+1(856) 888-1133

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1361 PERKIOMEN AVE