1500 Perkiomen Avenue, Reading, PA 19602

$465,000
Sold Price
$465,000
List Price
$465,000
Closing Date
Aug 22, 2023
Days on Market
102
Status
CLOSED
MLS#
PABK2027704
Lot Size (Acres)
0.09
Style
Traditional
Year Built
1900
County
Berks
School District
Reading

Property Description

Welcome to opportunity in this updated brownstone apartment building! With six residential apartments including the massive 4+ bedroom first floor apartment, located in a historic, tree lined part of town less than a mile from Santender Arena and many other conveniences of downtown, this makes for a great opportunity to add to an investor's portfolio. With arched windows and lots of hardwood flooring throughout, the building features loads of old world charm, and opportunity to refurbish further and create even more of it. With several of the apartments recently renovated, the property is ready to create cashflow for it's next owner from day one. There's lots of remaining upside to raise rents, the apartments are spacious, well laid out, and overall in conditions varying from good to great. Don't miss this one, call us or your realtor for a tour today!

Additional Information

Area
Reading City (10201)
Taxes
$3939
School District
Reading
Elementary School
16th And Haak
Middle School
Southern
High School
Reading Senior
Flooring
Wood, Vinyl
View
City, Street
Heating
Hot Water
Heating Fuel
Oil
Cooling
Window Unit(s)
Roof
Rubber, Asphalt
Utilities
Electric Available, Sewer Available
Water
Public
Sewer
Public Sewer

Mortgage Calculator

Amount of Loan
Annual Interest Rate
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Term of Loan
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Calculator source: Real Geeks

Listing courtesy of Keller Williams Elite. Contact: (717) 553-2500

Selling Office: .