Reading, PA 19602,1627 PERKIOMEN AVE
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Reading, PA 19602,1627 PERKIOMEN AVE
Reading, PA 19602,1627 PERKIOMEN AVE
Reading, PA 19602,1627 PERKIOMEN AVE
Reading, PA 19602,1627 PERKIOMEN AVE

$145,000

Est. payment /mo

$149,900

3.3%
Est.Price: ?

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1627 PERKIOMEN AVE Reading, PA 19602

3,707 SqFt

SOLD DATE : 03/18/2019

Key Details

Sold Price $145,000

Property Type Multi-Family

Sub Type Interior Row/Townhouse

Listing Status Sold

Purchase Type For Sale

Square Footage 3,707 sqft

Price per Sqft $39

Subdivision Southern Reading

MLS Listing ID PABK154564

Sold Date 03/18/19

Style Converted Dwelling

HOA Y/N N

Abv Grd Liv Area 3,707

Originating Board TREND

Year Built 1923

Annual Tax Amount $3,133

Tax Year 2018

Lot Size 1,742 Sqft

Acres 0.04

Lot Dimensions IRREG

Property Description

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.

Location

State PA

County Berks

Area Reading City (10201)

Zoning R3

Rooms

Other Rooms Primary Bedroom

Basement Full, Unfinished, Outside Entrance, Drainage System

Interior

Hot Water Electric

Heating Zoned, Baseboard - Electric

Cooling Wall Unit

Flooring Wood, Fully Carpeted, Vinyl, Tile/Brick

Fireplace N

Window Features Replacement

Heat Source Natural Gas, Electric

Laundry None

Exterior

Utilities Available Cable TV Available

Water Access N

Roof Type Pitched,Metal,Slate

Accessibility None

Garage N

Building

Foundation Stone

Sewer Public Sewer

Water Public

Architectural Style Converted Dwelling

Additional Building Above Grade

New Construction N

Schools

High Schools Reading Senior

School District Reading

Others

Tax ID 16-5316-32-48-1274

Ownership Fee Simple

SqFt Source Assessor

Security Features Security Gate,Intercom

Acceptable Financing Conventional, VA, FHA 203(b)

Listing Terms Conventional, VA, FHA 203(b)

Financing Conventional,VA,FHA 203(b)

Special Listing Condition Standard

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Bright MLS (BMLS)
Listed by Jose M Candelaria • RE/MAX Of Reading
Bought with Barry Ciabattoni • RE/MAX Of Reading

Megan DiGennaro

Agent | License ID: 0225263911

+1(540) 621-5783

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