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

49 Days on Market

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

Beckham & Pierce, Inc Listed on: 04/27/2018

Last Buyer's Agent

Zack Moore

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

    7 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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