NOT LISTED FOR SALE

1619 Perkiomen Ave Reading, PA 19602

District 8 Neighborhood
-- Bed
2 Baths
2,490 Sq Ft
1,742 Sq Ft Lot

Last Sold June 28, 2018

Last sale price $59,000 $24 Per Sq Ft

Highlights

  • No HOA
  • En-Suite Primary Bedroom
  • Wood Siding
  • Tile or Brick Flooring
  • Forced Air Heating System
  • 1-minute walk to 16th & Haak Playground

About This Home

As of June 2018

2 unit apartment property. 1 of 3 property investor portfolio. Buy 1 or buy them all as a package. Double-digit capitalization rate. Could also live in one apartment and rent the other for a very low cost of living. Some windows have been replaced. Great time to buy before the fed increases interest rates again.

Last Agent to Sell the Property

Zack Moore

(484) 256-5136 zmoore@beckhampierce.com Beckham & Pierce, Inc Listed on: 04/27/2018

Last Buyer's Agent

Zack Moore

(484) 256-5136 zmoore@beckhampierce.com Beckham & Pierce, Inc Listed on: 04/27/2018

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1923

Lot Details

  • 1,742 Sq Ft Lot
  • Lot Dimensions are 30 x 200
  • Property is in good condition

Parking

  • On-Street Parking

Home Design

  • Duplex
  • Brick Exterior Construction
  • Stone Foundation
  • Pitched Roof
  • Wood Siding
  • Aluminum Siding
  • Stone Siding
  • Vinyl Siding

Interior Spaces

  • En-Suite Primary Bedroom
  • 2,490 Sq Ft Home
  • Unfinished Basement
  • Basement Fills Entire Space Under The House
  • Washer and Dryer Hookup

Flooring

  • Wall to Wall Carpet
  • Laminate
  • Tile or Brick
  • Vinyl

Schools

  • Reading Senior High School

Utilities

  • Forced Air Heating System
  • Heating System Uses Gas
  • 100 Amp Service
  • Electric Water Heater

Listing and Financial Details

  • Tax Lot 1205
  • Assessor Parcel Number 16-5316-32-48-1205

Community Details

Overview

  • No Home Owners Association
  • Reading Subdivision

Building Details

  • Electric Expense $281
  • Insurance Expense $736
  • Maintenance Expense $1,102
  • Other Expense $390
  • Operating Expense $6,871

Property Details

Home Type

Multi-Family

Year Built

Built in 1923

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Property Sub Type: Duplex
  • Structure Type: Interior Row/Townhouse
  • Ownership: Fee Simple
  • New Construction: No
  • Other Expense: 390.00
  • Storage: Basement
  • Year Built: 1923
  • Remarks Public: 2 unit apartment property. 1 of 3 property investor portfolio. Buy 1 or buy them all as a package. Double-digit capitalization rate. Could also live in one apartment and rent the other for a very low cost of living. Some windows have been replaced. Great time to buy before the fed increases interest rates again.
  • Special Features: None

Interior Features

  • Flooring Type: Fully Carpeted, Vinyl, Tile/Brick, Laminated
  • Fireplace: No
  • Entry Location: Foyer
  • Foundation Details: Stone
  • Room List: Primary Bedroom
  • Basement: Yes
  • Basement Type: Full, Unfinished
  • Laundry Type: Hookup
  • Total Sq Ft: 2490
  • Living Area Sq Ft: 2490
  • Price Per Sq Ft: 26.06
  • Above Grade Finished Sq Ft: 2490
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 1619

Exterior Features

  • Other Structures: Above Grade
  • Construction Materials: Aluminum Siding, Vinyl Siding, Wood Siding, Brick, Stone
  • Exterior Features: Sidewalks
  • Roof: Pitched
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Parking Features: Street
  • Type Of Parking: On Street

Utilities

  • Central Air Conditioning: No
  • Electric Expense: 281.00
  • Electric Service: 100 Amp Service
  • Heating Fuel: Natural Gas
  • Heating Type: Gas, Forced Air
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Public Sewer
  • Water Sewer Expenses: 2315.00
  • Water Source: Public

Condo/Co-op/Association

  • Condo Co-Op Association: No
  • HOA: No

Schools

  • School District: READING
  • High School: READING SENIOR
  • School District Key: 300200397169
  • High School: READING SENIOR

Lot Info

  • Improvement Assessed Value: 34700.00
  • Land Assessed Value: 12600.00
  • Land Use Code: 138R
  • Lot Size Acres: 0.04
  • Lot Dimensions: 30 X 200
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 1742.00
  • Property Condition: Good
  • Zoning: R-3

Rental Info

  • Vacation Rental: No

Multi Family

  • Gross Income: 15516.00
  • Other Units: Unit 1,Unit 2

Tax Info

  • Assessor Parcel Number: 1459683
  • Tax Annual Amount: 2047.00
  • Assessor Parcel Number: 16-5316-32-48-1205
  • Tax Lot: 1205
  • Tax Year: 2018
  • Close Date: 06/28/2018

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
06/28/2018 06/28/18 Sold $59,000 -9.1% $24 / Sq Ft
06/15/2018 06/15/18 Pending -- -- --
06/04/2018 06/04/18 Price Changed $64,900 -7.2% $26 / Sq Ft
04/30/2018 04/30/18 Price Changed $69,900 +16.5% $28 / Sq Ft
04/27/2018 04/27/18 For Sale $59,999 -- $24 / Sq Ft
Source: Bright MLS

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Zack Moore

    Seller's Agent in 2018

    Zack Moore

    Beckham & Pierce, Inc

    (484) 256-5136

    6 Total Sales

    Zack Moore
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Map

Source: Bright MLS

MLS Number: 1000462412

Bright MLS

APN: 5316-32-48-1205

Pennsylvania Berks County Reading 19602 District 8

1619 Perkiomen Ave, Reading, PA

This home is located at 1619 Perkiomen Ave, Reading, PA 19602 since 27 April 2018. This property was built in 1923. 1619 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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