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Pending
  • Price increase: $17.1K (6/7)
    $257,000

    1550 Perkiomen Ave, Reading, PA 19602

    4beds
    2baths
    1,629sqft
    : 
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    Townhouse
    Built in 1900
    -- sqft lot
    $-- Zestimate®
    $158/sqft
    $-- HOA

    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.
    33 days
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    41
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    0
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    Zillow last checked:

    Listing updated:

    Listed by:

    Mr. Nelson Gamez 484-345-9135,

    Realty One Group Alliance 6104848663

    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: $158/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

        Estimated market value

        Not available

        Estimated sales range

        Not available

        $1,405/mo

        Price history

        DateEventPrice
        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

        Monthly payment

        Est. payment

        Payment breakdown

        Explore the cost of this home by adjusting the details. Changes won't be saved.
        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
        Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
        See how much you could borrow to make a competitive offer.

        Climate risks

        Neighborhood: 19602

        Getting around

        74 / 100
        Very Walkable
        38 / 100
        Somewhat Bikeable

        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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