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1500 Perkiomen Avenue

READING, PA 19602
  • $445,000
  • STATUS: Active
  • ON SITE: 75 Days
  • ID#: PABK2027704
UPDATED: 41 min ago
$445,000
  • 0
    BEDS
  • 0.09
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Multi-Family
Built:
1900
County:

School Information

Elementary School:
Middle School:
High School:
School District:

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!

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©2023 Bright MLS, All Rights Reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale may no longer be available because they are for instance, under contract, sold, or are no longer being offered for sale. Information is deemed reliable but is not guaranteed accurate by the MLS or The Shawn Martin Group | Keller Williams Flagship of Maryland. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. Data last updated: 2023-06-01T18:53:28.79.
www.mymarylandrealestate.com/homes/137800868
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1500 Perkiomen Avenue READING, PA 19602

  • Price: $445,000
  • Status: Active
  • On Site: 75 Days
  • Updated: 41 min ago
  • ID#: PABK2027704
0
Beds
0
Baths
0
½ Baths
0.09
Acres
1900
Built
Neighborhood:
Reading City (10201)
County:
Berks
Area:
Reading City (10201)
Elementary School:
16TH AND HAAK
Middle School:
Southern
High School:
Reading Senior
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!
Exterior Features

Architectural Style Traditional Construction Materials Stone Garage YN No Location Type Urban Lot Features Sloping Parking Features Public Parking Types On Street Pool No Pool Property Condition GoodAverageVery Good Riparian Rights YN No Road Surface Type Black Top Roof RubberAsphalt View CityStreet Water Access YN No Water Oriented YN No Water View YN No Waterfront YN No

Interior Features

Above Grade Fin SQFT 0 Below Grade Finished Area 0 Below Grade Unfinished Area 0 Cooling Window Unit(S) Exclusions Tenants Belongings Fireplaces Total 0 Flooring WoodVinyl Heating Hot Water Heating YN Yes Inclusions All Appliances Not Belonging To Tenants Security Features Smoke Detector Single Room Units 2 Three Bedroom Units 1 Two Bedroom Units 2

Property Features

Acceptable Financing ConventionalCash Accessibility Features 2+ Access Exits Assessment Year 2023 Central Air YN No Cooling Fuel Electric Cross Street Perkiomen Ave Electric 200+ Amp Service Foundation Details Stone Heating Fuel Oil Hot Water Oil Municipality Reading City Navigable Water YN N New Construction YN No Number Of Units Leased 6 Number Of Units Total 4 Original MLSNumber 802215580558 Ownership Interest Fee Simple Possession Settlement Property Sub Type Other Sale Type Standard Sewer Public Sewer Structure Design Type End Of Row/Townhouse Tax Annual Amount 3939.00 Tax Assessment Amount 90100.00 Tax Lot 3243 Utilities Electric AvailableSewer Available Vacation Rental YN No Water Source Public Zoning Mix

Listing courtesy of Keller Williams Elite: .


©2023 Bright MLS, All Rights Reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale may no longer be available because they are for instance, under contract, sold, or are no longer being offered for sale. Information is deemed reliable but is not guaranteed accurate by the MLS or The Shawn Martin Group | Keller Williams Flagship of Maryland. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. Data last updated: 2023-06-01T18:53:28.79.
 
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The Shawn Martin Group | Keller Williams Flagship of Maryland
231 Najoles Rd #100
Millersville MD, 21108