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
SOLD
$100,000
Date 04/17/2019

1208 Perkiomen Avenue
Reading, PA 19602

Townhouse
Residence
3,791
Sq. Ft.
0.05
Acre Lot
1of
Photos
Map
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!
PABK326764
Townhouse, Traditional
BERKS
1900
0.05 Acres
Electric Water Heater, Public Water Service
Brick
Public Sewer
School Rating Out of 10
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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

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Courtesy: RE/MAX Of Reading
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