NOT LISTED FOR SALE

1566 Perkiomen Ave Reading, PA 19602

18th and Cotton Neighborhood
-- Bed
2 Baths
3,292 Sq Ft
3,292 Sq Ft Lot

Last Sold November 19, 2021

Last sale price $130,000 $39 Per Sq Ft

Highlights

  • 0.08 Acre Lot
  • Attic
  • Programmable Thermostat
  • Wood Flooring
  • Porch
  • 1-minute walk to 16th & Haak Playground

About This Home

As of November 2021

Investment Opportunity in South East Reading. Well maintained 2 Unit that is currently tenant occupied and leased for $745.00 and $900.00 a month. Landlord pays City Utilities (Water, Sewer, Trash) and Gas for heating. Tenants pay their own Electric, Gas for Cooking and Hot Water and Cable. Tenants also provide their own in unit Washer/Dryer and any AC Window Units.
Seller has been diligent in keeping up with repairs and servicing of utilities in the units. The furnace has been serviced every 2-3 years throughout ownership. 1st Floor Main Bath Remodeled in 2017, both units repainted in 2009 and 2014, and 1st Floor electric system was upgraded to 200 amps. In addition, seller replaced all windows in both units and applied 2-3 inches of spray foam to attic floor and 10''-12'' of fiber glass insulation for Energy Savings.
Each apartment has their own front porch, a full eat in kitchen, large living room, 3 bedrooms, and a full bath. First floor unit also has an additional half bath.
Tenants are Stable and Reliable! First floor tenants have been renting for 10+ yrs/ 2nd Floor: 2-3 yrs. Rent is always paid on time and seller has copy of leases. Rentals are in High Demand. Add to Your Investment Portfolio Today!

Last Agent to Sell the Property

Allison McMillan

(484) 987-5228 allisonmcmillan@kw.com Keller Williams Platinum Realty - Wyomissing License #RS349270 Listed on: 09/24/2021

Keller Williams Platinum Realty - Wyomissing

Last Buyer's Agent

Tyler Miller

(484) 256-7259 tyler@movewithmiller.com Keller Williams Platinum Realty - Wyomissing License #RS331030

Keller Williams Platinum Realty - Wyomissing

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,737

Year Built

  • Built in 1900

Lot Details

  • 3,292 Sq Ft Lot
  • Property is in good condition

Parking

  • On-Street Parking

Home Design

  • Duplex
  • Flat Roof Shape
  • Brick Exterior Construction
  • Stone Foundation
  • Pitched Roof
  • Shingle Roof
  • Rubber Roof
  • Stucco

Interior Spaces

  • 3,292 Sq Ft Home
  • Replacement Windows
  • Combination Kitchen and Dining Room
  • Unfinished Basement
  • Basement Fills Entire Space Under The House
  • Gas Oven or Range
  • Attic

Flooring

  • Wood
  • Carpet
  • Laminate
  • Ceramic Tile
  • Luxury Vinyl Tile
  • Vinyl

Outdoor Features

  • Porch

Schools

  • Reading Senior High School

Utilities

  • Hot Water Heating System
  • Programmable Thermostat
  • 200+ Amp Service
  • Natural Gas Water Heater
  • Municipal Trash
  • Cable TV Available

Community Details

  • 2 Units
  • 2-Story Building

Listing and Financial Details

  • The owner pays for heat, water, trash collection, sewer
  • Tax Lot 8134
  • Assessor Parcel Number 16-5316-32-38-8134

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,737

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Property Sub Type: Duplex
  • Structure Type: Interior Row/Townhouse
  • Ownership: Fee Simple
  • Exclusions: Washer/Dryer and Window Units provided by Tenant
  • Historic: No
  • Home Warranty: No
  • Inclusions: 2 Refrigerators/2 Gas Ranges
  • New Construction: No
  • Year Built: 1900
  • Automatically Close On Close Date: No
  • Building Winterized: No
  • Remarks Public: Investment Opportunity in South East Reading. Well maintained 2 Unit that is currently tenant occupied and leased for $745.00 and $900.00 a month. Landlord pays City Utilities (Water, Sewer, Trash) and Gas for heating. Tenants pay their own Electric, Gas for Cooking and Hot Water and Cable. Tenants also provide their own in unit Washer/Dryer and any AC Window Units. Seller has been diligent in keeping up with repairs and servicing of utilities in the units. The furnace has been serviced every 2-3 years throughout ownership. 1st Floor Main Bath Remodeled in 2017, both units repainted in 2009 and 2014, and 1st Floor electric system was upgraded to 200 amps. In addition, seller replaced all windows in both units and applied 2-3 inches of spray foam to attic floor and 10''-12'' of fiber glass insulation for Energy Savings. Each apartment has their own front porch, a full eat in kitchen, large living room, 3 bedrooms, and a full bath. First floor unit also has an additional half bath. Tenants are Stable and Reliable! First floor tenants have been renting for 10+ yrs/ 2nd Floor: 2-3 yrs. Rent is always paid on time and seller has copy of leases. Rentals are in High Demand. Add to Your Investment Portfolio Today!
  • Special Features: None

Interior Features

  • Appliances: Oven/Range - Gas, Refrigerator
  • Flooring Type: Vinyl, Ceramic Tile, Laminate Plank, Luxury Vinyl Tile, Carpet, Hardwood
  • Interior Amenities: Combination Kitchen/Dining, Attic
  • Window Features: Replacement
  • Fireplace: No
  • Foundation Details: Stone
  • Basement: Yes
  • Basement Type: Full, Unfinished
  • Total Sq Ft: 3292
  • Living Area Sq Ft: 3292
  • Price Per Sq Ft: 37.94
  • Above Grade Finished Sq Ft: 3292
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 1566

Exterior Features

  • Other Structures: Above Grade
  • Construction Materials: Stucco, Brick
  • Exterior Features: Sidewalks, Street Lights
  • Roof: Pitched, Shingle, Rubber, Flat
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Type Of Parking: On Street

Utilities

  • Central Air Conditioning: No
  • Electric Service: 200+ Amp Service, Circuit Breakers
  • Heating Fuel: Natural Gas
  • Heating Type: Programmable Thermostat, Hot Water
  • Heating: Yes
  • Hot Water: Natural Gas
  • Sewer/Septic System: Public Sewer
  • Utilities: Cable Tv Available
  • Water Source: Public
  • Municipal Trash: Yes

Schools

  • School District: READING
  • High School: READING SENIOR
  • School District Key: 300200397169
  • School District Source: Listing Agent
  • High School: READING SENIOR

Lot Info

  • Improvement Assessed Value: 45100.00
  • Land Assessed Value: 17500.00
  • Land Use Code: 133R
  • Lot Size Acres: 0.08
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 3292.00
  • Outdoor Living Structures: Porch(es)
  • Property Condition: Good
  • Zoning: RES.

Rental Info

  • Existing Lease Type: Month To Month
  • Owner Pays: Heat, Water, Trash Collection, Sewer
  • Total Actual Rent: 19740.00
  • Units Leased Count: 2
  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 1459409
  • School Tax: 1122.00
  • Tax Annual Amount: 2737.00
  • Assessor Parcel Number: 16-5316-32-38-8134
  • Tax Lot: 8134
  • County Tax Payment Frequency: Annually
  • Tax Year: 2021
  • Close Date: 11/19/2021

Multi Family

  • Other Units: Unit 1,Unit 2

MLS Schools

  • School District Name: READING

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/19/2021 11/19/21 Sold $130,000 +4.1% $39 / Sq Ft
10/20/2021 10/20/21 Price Changed $124,900 0.0% $38 / Sq Ft
09/28/2021 09/28/21 Pending -- -- --
09/24/2021 09/24/21 For Sale $124,900 -- $38 / Sq Ft
Source: Bright MLS

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Allison McMillan

    Seller's Agent in 2021

    Allison McMillan

    Keller Williams Platinum Realty - Wyomissing

    (484) 987-5228

    1 in this area

    60 Total Sales

    Allison McMillan
    Section Image
  • Tyler Miller

    Buyer's Agent in 2021

    Tyler Miller

    Keller Williams Platinum Realty - Wyomissing

    (484) 256-7259

    2 in this area

    199 Total Sales

    Tyler Miller
    Section Image
See All Agents

Map

Source: Bright MLS

MLS Number: PABK2004826

Bright MLS

APN: 5316-32-38-8134

Pennsylvania Berks County Reading 19602 18th and Cotton

1566 Perkiomen Ave, Reading, PA

This home is located at 1566 Perkiomen Ave, Reading, PA 19602 since 24 September 2021. This property was built in 1900. 1566 Perkiomen Ave is a home located in Berks County with nearby schools including 16th & Haak Elementary School, Central Middle School, and Reading Senior High School.

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