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Sold for $254,000
  • $254,000

    1550 Perkiomen Ave, Reading, PA 19602

    4beds
    2baths
    1,629sqft
    Townhouse
    Built in 1900
    -- sqft lot
    $-- Zestimate®
    $156/sqft
    $1,710 Estimated rent

    Home value

    Not available

    Estimated sales range

    Not available

    $1,710/mo

    Zestimate® history
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    What's special

    Here’s 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.

    Zillow last checked:

    Listing updated:

    Listed by:

    Mr. Nelson Gamez 484-345-9135,

    Realty One Group Alliance

    Bought with:

    Zylkia Rivera, RS337559

    Keller Williams Platinum Realty - Wyomissing

    Source: Bright MLS,MLS#: PABK2072990MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 4
    • Bathrooms: 2
    Basement
    • Area: 0
    Heating
    • Hot Water, Electric
    Cooling
    • None
    Appliances
    • Included: Electric Water Heater
    Features
    • Basement: Full
    • Has fireplace: No
    Interior area
    • Total structure area: 1,629
    • Total interior livable area: 1,629 sqft

    Property

    Parking
    • Total spaces: 2
    • Parking features: Off Street
    Accessibility
    • Accessibility features: None
    Features
    • Pool features: None
    Lot
    • Size: 3,049 Square Feet
    Details
    • Additional structures: Above Grade, Below Grade
    • Parcel number: 16531631387102
    • Zoning: 133R
    • Special conditions: Standard

    Construction

    Type & style
    • Home type: MultiFamily
    • Architectural style: Traditional
    • Property subtype: Townhouse
    Materials
    • Brick
    • Foundation: Other
    Condition
    • New construction: No
    • Year built: 1900

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public

    Community & HOA

    Location
    • Region: Reading
    • Municipality: READING CITY

    Financial & listing details

    • Price per square foot: $156/sqft
    • Tax assessed value: $40,000
    • Annual tax amount: $1,846
    • Date on market: 6/6/2026
    • Listing agreement: Exclusive Right To Sell
    • Ownership: Fee Simple

    Price history

    DateEventPrice
    7/10/2026Sold$254,000-1.2%$156/sqft
    Source: Bright MLS #PABK2072990 Report a problem
    6/7/2026Pending sale$257,000+7.1%$158/sqft
    Source: Bright MLS #PABK2072990 Report a problem
    6/6/2026Listed for sale$239,901+84.5%$147/sqft
    Source: Bright MLS #PABK2072990 Report a problem
    12/16/2020Sold$130,000$80/sqft
    Source: Public Record Report a problem
    10/25/2020Pending sale$130,000$80/sqft
    Source: Iron Valley Real Estate of Berks #PABK364270 Report a problem
    10/12/2020Price change$130,000+8.3%$80/sqft
    Source: Iron Valley Real Estate of Berks #PABK364270 Report a problem
    9/29/2020Pending sale$120,000$74/sqft
    Source: Iron Valley Real Estate of Berks #PABK364270 Report a problem
    9/29/2020Price change$120,000-7.7%$74/sqft
    Source: Iron Valley Real Estate of Berks #PABK364270 Report a problem
    9/18/2020Listed for sale$130,000+188.9%$80/sqft
    Source: Iron Valley Real Estate of Berks #PABK364064 Report a problem
    3/1/2018Sold$45,000-10%$28/sqft
    Source: Public Record Report a problem
    2/16/2018Pending sale$50,000$31/sqft
    Source: Berkshire Hathaway Homesale Realty - Wyomissing #7125397 Report a problem
    2/9/2018Listed for sale$50,000-8.9%$31/sqft
    Source: Berkshire Hathaway Homesale Re #1000136586 Report a problem
    12/28/2017Listing removed$54,900$34/sqft
    Source: Berkshire Hathaway Homesale Realty - Wyomissing #7011445 Report a problem
    10/24/2017Listed for sale$54,900$34/sqft
    Source: Berkshire Hathaway Homesale Realty - Wyomissing #7011445 Report a problem
    10/23/2017Pending sale$54,900$34/sqft
    Source: Berkshire Hathaway Homesale Realty - Wyomissing #7011445 Report a problem
    10/23/2017Listed for sale$54,900$34/sqft
    Source: Berkshire Hathaway Homesale Realty - Wyomissing #7011445 Report a problem
    9/25/2017Pending sale$54,900$34/sqft
    Source: Berkshire Hathaway Homesale Realty - Wyomissing #7011445 Report a problem
    8/11/2017Price change$54,900-8.5%$34/sqft
    Source: Berkshire Hathaway Homesale Realty - Wyomissing #7011445 Report a problem
    6/29/2017Listed for sale$60,000$37/sqft
    Source: Berkshire Hathaway Homesale Realty - Wyomissing #7011445 Report a problem
    11/5/2015Listing removed$650
    Source: Owner Report a problem
    10/6/2015Listed for rent$650
    Source: Owner Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$1,803 +1.5%$40,000
    2024$1,776 +1.6%$40,000
    2023$1,749 $40,000
    2022$1,749 $40,000
    2021$1,749 +1%$40,000
    2020$1,731 $40,000
    2019$1,731 $40,000
    2018$1,731 +0.7%$40,000
    2017$1,720 +75%$40,000
    2016$982 +8.7%$40,000
    2015$904 $40,000
    2014-- $40,000
    2013-- $40,000
    2012-- $40,000
    2011-- $40,000
    2010-- $40,000
    2009-- $40,000 -5.4%
    2008-- $42,300
    2007-- $42,300
    2006-- $42,300
    2005-- $42,300
    2004-- $42,300
    2003-- $42,300
    2002-- $42,300
    Find assessor info on the county website

    Neighborhood: 19602

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • District: Reading

    Source: Bright MLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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