1550 Perkiomen Avenue Reading, PA ^$ 239,901

1550 Perkiomen Avenue

^$ 239,901

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1550 Perkiomen Avenue

Reading, PA, 19602

^$ 239,901

Bedrooms4 Baths0.0

Monthly Estimate*

^$ 1,477

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Multi-Family Home for sale in Reading, PA

for $239,901 with 4 bedrooms. This home was built in 1900 on a lot size of 0.07.

Heres a more polished, investor-focused version that highlights the income potential and owner-occupant opportunity: Turnkey 2 unit investment property offering immediate cash flow and strong rental history. Both tenants pay their own heat and hot water, helping keep operating expenses low. Additional features include laundry facilities in the basement and 2 off street parking spaces. Unit 1 (First Floor): 1 Bedroom, 1 Full Bath, currently rented for $1,000 per month. Unit 2 (Second & Third Floors): 3 Bedrooms, 1 Full Bath, currently rented for $1,400 per month to a long term tenant. Generating a gross annual income of $28,800, this property presents an excellent opportunity for investors seeking steady cash flow and solid returns. It is also a great option for an owner occupant looking to offset their mortgage with rental income. Whether you're expanding your portfolio or purchasing your first investment property, this well maintained duplex is one you won't want to miss.

Multi-Family Coming Soon

Price

^$ 239,901

Bedrooms

Property Type

Multi-Family

Taxes

^$ 1,846

Style

Traditional

Lot Size

0.07

Year Built

1900

Town/City

Reading

County/Region

Berks

MLS | Web ID

PABK2072990

Features

General

Living Area 1629

Sewer Public Sewer

Heating Hot Water

Cooling None

Possession Negotiable

Zoning 133R

Architectural Style Traditional

Construction Materials Brick

School District READING

Year Built 1900

Property Subtype Duplex

Tax Year 2025

Ownership Fee Simple

Cool Fuel None

Municipality READING CITY

Accessibility None

County BERKS

New Construction N

Property Type Multi-Family

Garage Y/N N

Water Access Y/N N

Other Structures Above Grade Below Grade

Status COMING SOON

Directions ...

City READING

Number Of Units Total 2

MLS Area Reading City (10201)

Lot Size Units Square Feet

Lot Size Square Feet 3049.00

Tax Annual Amount 1846.0

Two Bedroom 0

Structure Type Interior Row/Townhouse

Price Per Sq Ft Total AG 147.27

Vacation Rental Y/N N

Standard Status Coming Soon

Year Built Source Assessor

Tax Lot 7102

Interior

Heating Fuel Electric

Basement Full

Hot Water Electric

Basement (Y/N) Y

Heating Y/N Y

Fireplace Y/N N

Central Air Y/N N

Exterior

Pool No Pool

Water Source Public

Type of Parking Off Street

Foundation Details Other

Water View Y/N N

Lot Dimensions 0.00 x 0.00

Lot Size Acres 0.07

Lot Size Source Assessor

Waterfront Y/N N

Land Assessed Value 21000.00

Navigable Water Y/N N

Water Oriented Y/N N

Internal Only

Street Number 1 1550

* Excluded Features

List By

Realty One Group Alliance

Broker

nelsongamezrealtor@gmail.com

Affordability Calculator

$1,631

Per Month

Monthly Principal & Interest: $1,477
Monthly Property Taxes: $154
Monthly Home Insurance: --

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Yearly Home Insurance

Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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Nearby

Trends
Schools

Multi-family listings in Reading, PA

Average List Price ^$442,395

Percent of Sale Price 84%

About Reading, PA

89,350 Population

10% Since 2002

^$27,966 Median Income

32.19 Median Age

37% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

2183915 Elementary School

2183912 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
6/3/2026	$239,901		Listed Price

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1550 Perkiomen Avenue, Reading, PA, 19602 is a Multi-Family Home for sale at $239,901 with a lot size of 0.07. 1550 Perkiomen Avenue has 4 bedrooms, 0.0 baths, and was built in 1900. The property's zip code is 19602 which is in Reading, PA

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

Information Deemed Reliable But Not Guaranteed. The data relating to real estate for sale on this website appears in part through the BrightMLS Broker Reciprocity^SM program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms in which Weichert, Realtors® participates, and is provided by BrightMLS through a licensing agreement.

Real estate listings held by brokerage firms other than Weichert, Realtors® are marked with the Broker Reciprocity icon (a little black house) and detailed information about each listing includes the name of the listing broker.

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1550 Perkiomen Avenue

Multi-Family Home for sale in Reading, PA

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