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1361 Perkiomen Ave, 
Reading, PA 19602

$474,990


6

Beds


Bath


4,750

Sq Ft


Multi-Family

Active

Listed by

Naomi E Brown

Capstone Commercial

Last updated:

September 3, 2025, 01:32 PM

MLS#

PABK2061728

Source:

BRIGHTMLS

About This Home

1361 Perkiomen Ave

Don’t miss out on this well maintained 5-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 5 Unit property has (4) 1 bedroom units and (1) 2 bedroom/ 1.5 bath unit. The residents show pride in their homes and the property is very well maintained, with a quiet escape in the backyard. The roof was put on in 2012, and each unit has central AC and heat pump. There are 5 electric hot water heaters with each tenant paying for their own. 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 landlord covers trash, sewer and water.

Home Facts

Multi-Family

6 Bedrooms

Built in 1931

Price Summary

474,990

$99 per Sq. Ft.

MLS #:

PABK2061728

Last Updated:

September 3, 2025, 01:32 PM

Added:

16 day(s) ago


Rooms & Interior

Bedrooms

Total Bedrooms:

6


Structure

Structure

Building Area:

4,750 Sq. Ft.

Year Built:

1931


Finances & Disclosures

Finances

Price:

$474,990

Price per Sq. Ft:

$99 per Sq. Ft.

Source:BRIGHTMLS
The information being provided by Bright MLS is for the consumer’s personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The information is deemed reliable but not guaranteed and should therefore be independently verified. © 2025 Bright MLS All rights reserved.

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