NOT LISTED FOR SALE
Studio
2 Baths
1,434 Sq Ft
1,742 Sq Ft Lot

Last Sold September 27, 2024

Last sale price $205,000 $143 Per Sq Ft

6 Days on Market

About This Home

As of September 2024

Welcome to 1722 Perkiomen Ave, Reading, PA 19602—a fantastic opportunity for first-time home buyers or investors! This well-maintained duplex offers the flexibility to live in one unit and rent out the other, making it an ideal investment or a great way to offset your mortgage.

The property features two separate units, each with its own entrance, providing privacy and convenience. Both units are in good condition, making this a move-in ready option. The property includes two parking spaces, a valuable amenity in this area, and is situated in a nice location with easy access to local amenities, shops, and public transportation.

Whether you're looking to start your real estate investment journey or find a home that offers rental income potential, 1722 Perkiomen Ave is worth a closer look. Don't miss out on this versatile property—schedule your showing today!

Last Agent to Sell the Property

Marjorie DeJesus

(610) 373-9900 margie.dejesus@cbhomes.com Coldwell Banker Realty Listed on: 08/02/2024

Coldwell Banker Realty

Last Buyer's Agent

Fernando Hernandez

(484) 450-8771 admin@ironvalleyrealestateofberks.com Iron Valley Real Estate of Berks

Iron Valley Real Estate of Berks

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,665

Year Built

  • Built in 1900

Lot Details

  • 1,742 Sq Ft Lot

Parking

  • On-Street Parking

Home Design

  • 1,434 Sq Ft Home
  • Duplex
  • Brick Exterior Construction
  • Stone Foundation

Utilities

  • Heating System Uses Natural Gas
  • Hot Water Heating System
  • Natural Gas Water Heater

Additional Features

  • Basement

Community Details

  • 2 Units
  • Net Operating Income $4,240

Listing and Financial Details

  • The owner pays for heat, insurance, pest control, repairs, sewer, water
  • Tax Lot 6926
  • Assessor Parcel Number 16-5316-32-47-6926

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,665

Year Built

Built in 1900

Lot Details

1,742 Sq Ft Lot

Listing Details

  • Property Type: Multi-Family
  • Property Sub Type: Duplex
  • Structure Type: Interior Row/Townhouse
  • Ownership: Fee Simple
  • Exclusions: Tenants belongings
  • Inclusions: 2 refrigerators, 2 stove
  • New Construction: No
  • Year Built: 1900
  • Automatically Close On Close Date: No
  • Special Features: None

Interior Features

  • Fireplace: No
  • Foundation Details: Stone
  • Basement: Yes
  • Total Sq Ft: 1434
  • Living Area Sq Ft: 1434
  • Price Per Sq Ft: 132.43
  • Above Grade Finished Sq Ft: 1434
  • Above Grade Finished Area Units: Square Feet

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Brick
  • 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
  • Heating Fuel: Natural Gas
  • Heating Type: Hot Water
  • Heating: Yes
  • Hot Water: Natural Gas
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Schools

  • School District Source: Listing Agent

Lot Info

  • Lot Size Acres: 0.04
  • Lot Dimensions: 0.00 x 0.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 1742.00
  • Zoning: RES

Rental Info

  • Owner Pays: Heat, Insurance, Pest Control, Repairs, Sewer, Water
  • Rent Control: No
  • Total Actual Rent: 23400.00
  • Units Leased Count: 2
  • Vacation Rental: No

Tax Info

  • School Tax: 672.00
  • Tax Annual Amount: 1665.00
  • Assessor Parcel Number: 16-5316-32-47-6926
  • Tax Lot: 6926
  • County Tax Payment Frequency: Annually
  • Tax Year: 2023

MLS Schools

  • School District Name: READING
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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 List to Sale Price per Sq Ft Prior Sale
09/27/2024 09/27/24 Sold $205,000 +8.0% $143 / Sq Ft
08/14/2024 08/14/24 Off Market $189,900 -- --
08/08/2024 08/08/24 Pending -- -- --
08/02/2024 08/02/24 For Sale $189,900 +153.2% $132 / Sq Ft
07/13/2018 07/13/18 Sold $75,000 0.0% $52 / Sq Ft View Prior Sale
05/24/2018 05/24/18 Pending -- -- --
05/17/2018 05/17/18 For Sale $75,000 +733.3% $52 / Sq Ft
07/18/2013 07/18/13 Sold $9,000 -69.9% $6 / Sq Ft View Prior Sale
06/22/2013 06/22/13 Pending -- -- --
11/01/2012 11/01/12 For Sale $29,900 -- $21 / Sq Ft
Source: Bright MLS

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $1,018 $37,500 $15,800 $21,700
2024 $1,665 $37,500 $15,800 $21,700
2023 $1,639 $37,500 $15,800 $21,700
2022 $1,639 $37,500 $15,800 $21,700
2021 $1,639 $37,500 $15,800 $21,700
2020 $1,623 $37,500 $15,800 $21,700
2019 $1,623 $37,500 $15,800 $21,700
2018 $1,623 $37,500 $15,800 $21,700
2017 $1,612 $37,500 $15,800 $21,700
2016 $921 $37,500 $15,800 $21,700
2015 $921 $37,500 $15,800 $21,700
2014 $847 $37,500 $15,800 $21,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: PABK2046620

Bright MLS

APN: 5316-32-47-6926

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