Here’s a more polished, investor-focused version that highlights the income potential and owner-occupant opportunity: Turnkey 2 unit investment property offering immediate cash flow and strong rental history. Both tenants pay their own heat and hot water, helping keep operating expenses low. Additional features include laundry facilities in the basement and 2 off street parking spaces. Unit 1 (First Floor): 1 Bedroom, 1 Full Bath, currently rented for $1,000 per month. Unit 2 (Second & Third Floors): 3 Bedrooms, 1 Full Bath, currently rented for $1,400 per month to a long term tenant. Generating a gross annual income of $28,800, this property presents an excellent opportunity for investors seeking steady cash flow and solid returns. It is also a great option for an owner occupant looking to offset their mortgage with rental income. Whether you're expanding your portfolio or purchasing your first investment property, this well maintained duplex is one you won't want to miss.
Listed By
Agency Name: Realty One Group Alliance
Agency Phone: 6104848663
Shown By
Agent Name: Jennifer Bishop
Agent Phone: (215) 896-9877
Agency Title: Real Estate Excel, The Baringer Group, Ltd.
Estimated Payment
$ 800.76 per month $571.97 Principal & Interest $153.83 Property Tax $74.96 Homeowner's Insurance
1550 Perkiomen Avenue | MLS# PABK2072990
This multi-family property located at 1550 Perkiomen Avenue, Reading, PA 19602 is currently listed for sale with an asking price of $257,000. Perkiomen Avenue is located within the READING school district. Search Reading real estate on jbishop.reexcelpros.com today.