2136 Perkiomen Ave Reading, PA 19606
Estimated payment $2,292/month
Highlights
- 0.28 Acre Lot
- No HOA
- Heating System Uses Oil
About This Home
Don’t miss out on this nicely updated 3-unit multifamily property. The income is currently strong, with room to grow rents. Since the property is in very good condition with nice updates, the property will easily gather higher rents.
Some tenants have been in place for many years, which provides strong stability for a new owner. The generous sized lot provides off street parking for tenants, which is a big bonus in this area.
This 3 Unit property has one unit on each level, with (2) 2 bedroom units and (1) 1 bedroom unit. There are Washer and Dryer hookups in basement. The property was totally redone in 2018, and had the roof, tankless water heater, windows, all interior finishes replaced at that time. New flooring, paint, kitchens and baths were installed.
The property features beautiful historical touches, while benefiting for all recent updates. There is very solid rent growth upside, along with opportunity to install coin op laundry and charge for parking. The tenants all pay for their own electric, and tenants reimburse the owner for the gas & water.
CONTACT AGENT FOR GROUP TOUR DATES. Rents and P&L in documents.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $6,723
Year Built
- Built in 1920 | Remodeled in 2018
Lot Details
- 0.28 Acre Lot
Parking
- Off-Street Parking
Home Design
- 2,662 Sq Ft Home
- Triplex
- Stucco
Utilities
- No Cooling
- Heating System Uses Oil
Listing and Financial Details
- Tax Lot 1458
- Assessor Parcel Number 64-5316-11-77-1458
Community Details
Overview
- No Home Owners Association
- 3 Units
Pet Policy
- No Pets Allowed
Map
Home Values in the Area
Average Home Value in this Area
Property History
Date | Event | Price | Change | Sq Ft Price |
---|---|---|---|---|
08/08/2025 08/08/25 | Pending | -- | -- | -- |
07/24/2025 07/24/25 | For Sale | $325,000 | +91.3% | $122 / Sq Ft |
06/12/2019 06/12/19 | Sold | $169,900 | 0.0% | $64 / Sq Ft |
05/08/2019 05/08/19 | Pending | -- | -- | -- |
05/02/2019 05/02/19 | For Sale | $169,900 | +119.2% | $64 / Sq Ft |
07/03/2018 07/03/18 | Sold | $77,500 | -29.5% | $29 / Sq Ft |
05/20/2018 05/20/18 | Pending | -- | -- | -- |
04/29/2018 04/29/18 | For Sale | $110,000 | +89.7% | $41 / Sq Ft |
04/18/2014 04/18/14 | Sold | $58,000 | -3.3% | $22 / Sq Ft |
03/09/2014 03/09/14 | Pending | -- | -- | -- |
02/16/2014 02/16/14 | For Sale | $60,000 | -8.4% | $23 / Sq Ft |
04/15/2012 04/15/12 | Sold | $65,500 | -49.6% | $25 / Sq Ft |
03/02/2012 03/02/12 | Pending | -- | -- | -- |
08/10/2010 08/10/10 | For Sale | $129,900 | -- | $49 / Sq Ft |
Source: Bright MLS
MLS Number: PABK2060430

APN: 5316-11-77-1458
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