1208 Perkiomen Avenue, Reading, PA 19602 | MLS PABK326764 | Listing Information | Real Living Action Realty | Real Living Real Estate
Real Living Action Realty
(866) 882-8192
Date 04/17/2019

1208 Perkiomen Avenue
Reading, PA 19602

Sq. Ft.
Acre Lot
Courtesy: RE/MAX Of Reading
Impressive super large 3 unit constructed in the Jacobean architectural style Circa 1900. This architectural masterpiece of concrete, stone & brick with beautiful ornate woodwork boasts nearly 4,000 square feet and is perched on the corner of Perkiomen & Franklin Streets with fantastic views of City Park directly across the street. Unit 1, 1st floor has 5 rooms, 2 private BRS, 1.5 baths, walk-in closets, dual gas & electric heat, 15 handle modern oak kitchen, pocket doors, hardwood floors, replacement windows, tenant paid heat & electric, rented for $750/month. Unit 2, 2nd floor has 4 rooms, 2 BRS, gas fireplace, dual gas & electric heat, tiled, carpet & laminate floors, 2 walk-in closets, tenant pays heat & electric, rented for $700/month. Unit 3, 3rd floor has 5 rooms, 3 private BRS, 18 handle oak kitchen with tiled floor, dual gas & electric heat, projected rent $750/month. Total gross income of 26,400. Expenses: Taxes-$2618. Insurance-$950. Water/Sewer/Trash/Recycling-$3,432. Electric-$288. Permits-$100. Total Annual expenses-$7,370. Net income-$19,030. Cap Rate: 15%. Fantastic income producing property with tenant paid utilities in a very good location with public transportation, schools, shopping, major roads and all downtown Reading has to offer. A must for your investment portfolio!
Townhouse, Traditional
0.05 Acres
Electric Water Heater, Public Water Service
Public Sewer
School Rating Out of 10
Data Provided by  GreatSchools.org
Walk Score measures the walkability of any address, Transit Score measures access to public transit on a scale of 1-100.

Walk Score

Transit Score

Courtesy: RE/MAX Of Reading
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