USAPAReading1361 Perkiomen Ave
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$474,990

Sold

6 months ago

1361 Perkiomen Ave, Reading, PA

MLS® PABK2061728

0 Bed

0 Bath

4750 sqft

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  • Key Facts
  • Description
  • Map

Key Facts

Type Other
Levels Residential Income
Size 4750 sqft
Garage No
HOA Fees 
Taxes $5,174
Approx. Age 1931
Avg. Price Per Sqft $99
MLS® Number PABK2061728

Property Address: 1361 Perkiomen Ave, Reading, PA, 19602-2153

Average square foot calculated using Size range provided by listing agent.

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/ 1.5 bath unit. The residents show pride in their homes and the property is very well maintained, with a quiet escape in the backyard. 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.
MLS® NumberPABK2061728
Locker
Ensuite LaundryNo
Balcony
Furnished
Laundry Level
Exposure
Exterior
GarageNo
Approx. Age1931
Stories3
Pets

Included in Maintenance Fee

Heat
Hydro
Water
Building Insurance
Condo Taxes
Cable TV
Central Air
Parking Maintenance

Utilities

Heat
A/C
Heating Fuel

Extras

Price History

Feb 26, 2026End Date
$450,000Sold Price

Sold

Aug 19, 2025List Date
$474,990List Price
Feb 26, 2026End Date
$450,000Sold Price

Sold

Aug 7, 2025List Date
$474,990List Price
  • Commute

Commute

Starting Address
Destination Address
1361 Perkiomen Ave, Reading, PA

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