1500 Perkiomen Avenue
Description
Total Expenses - $25,975. (incl. taxes, insurance, pest, water, sewer, trash, heat, house electric)
Net - $67,337
Landlord currently pays for water, sewer, trash, and heat. Units are all separately metered for electric. Separate water meters have been added to most units to allow for tenants to pay their own water but current owner has not utilized them. All leases are being signed or have been transitioned to month to month for a smooth transition to the new owner(s). Showings are limited and will be bundled when possible to limit tenant inconveniences. Do not visit the property without authorization! Please respect the privacy of the current tenants.
- Listed by John B. Trigg III • Keller Williams Real Estate-MontgomeryvilleP: (215)-941-9866 john@movingbucksmont.com
Property Details for 1500 Perkiomen Avenue
Property Details for 1500 Perkiomen Avenue
| Status | Active |
|---|---|
| MLS # | PABK2052178 |
| Days on Market | 4 |
| Taxes | $4,001 / year |
| HOA Fees | - |
| Condo/Co-op Fees | - |
| Compass Type | Multi Family |
| MLS Type | Multi-Family / Fee Simple |
| Year Built | 1900 |
| Lot Size | 0.09 AC / 3,920 SF |
| County | Berks County |
Building Information for 1500 Perkiomen Avenue
Property Information for 1500 Perkiomen Avenue
- School District Name: READING
- School District County ID: 300200397169
- SchoolDistrictSource: Listing Agent
- High School: READING (BERKS PA)
- County: BERKS
- MLS Area: Reading City (10201)
- Water View: No
- Water Access: No
- Water Oriented: No
- Navigable Water: No
- Tidal Water: No
- Riparian Rights Y/N: No
- Tax Year: 2024
- Tax Assessed Value: $90,100
- Year Assessed: 2024
- County Tax: $752
- Improvement Assessed Value: $62,200
- City Town Tax: $1,633
- Land Assessed Value: $27,900
- Clean Green Assessed: No
- Land Use Code: 4124
- Zoning: MIX
- Tax Lot: 3243
- School Tax: $1,615
- Automatically Update Tax Values Y/N: No
- Single Room Units Count: 1
- One Bedroom Units Count: 1
- Two Bedroom Units Count: 3
- Three Bedroom Units Count: 1
- Other Units: Unit 1,Unit 2,Unit 2,Unit 4,Unit 3,Unit 3
- Units Leased Count: 5
- Number Of Units Vacant: 1
- Number Of Units Month To Month: 5
- Type: Unit 1
- Unit Type Occupied YN: Yes
- Level: 1
- Unit Type Lease Type: Month to Month
- Unit Type Features: 5 bedrooms, full floor suite, Rent increases to $2224 effective Jan 1st
- Type: Unit 2
- Unit Type Occupied YN: No
- Level: 2
- Unit Type Lease Type: None
- Unit Type Features: 2 bedroom deluxe. Currently vacant. New tenant will sign MTM until property is sold
- Type: Unit 2
- Unit Type Occupied YN: Yes
- Level: 2
- Unit Type Lease Type: Month to Month
- Unit Type Features: 2 bedroom standard.
- Type: Unit 4
- Unit Type Occupied YN: Yes
- Unit Type Lease Type: Month to Month
- Unit Type Features: studio unit
- Type: Unit 3
- Unit Type Occupied YN: No
- Level: 3
- Unit Type Lease Type: Month to Month
- Unit Type Features: 1 bedroom
- Type: Unit 3
- Unit Type Occupied YN: Yes
- Level: 3
- Unit Type Lease Type: Month to Month
- Unit Type Features: 2 bedroom
- Operating Expense: $25,000
- Trash Expense: $9,025
- Gross Income: $67,000
- Annual Rental Income: $93,000
- Cap Rate: 10.00
- Building Units Total: 4
- Total Finished SQFT: 5,500.00
- Total Finished SQFT Source: Estimated
- Total SQFT: 5,500.00
- Total SQFT Source: Estimated
- Construction Materials: Block, Stone
- Roof: Shingle, Flat
- Lot Size Source: Estimated
- Lot Size Dimensions: 0.00 x 0.00
- Lot Dimensions Source: Estimated
- Type Of Parking: On Street
- Accessibility Features: None
- Pool: No Pool
- Other Structures: Above Grade
- Heating: Yes
- Cooling Type: Window Unit(s)
- Cooling Fuel: Electric
- Heating Type: Hot Water
- Heating Fuel: Natural Gas
- Hot Water: Natural Gas
- Water Source: Public
- Sewer Septic: Public Sewer
- Electric Service: 200+ Amp Service
- List Agent AOR: Tri-County Suburban REALTORS
Property History for 1500 Perkiomen Avenue
| Date | Event & Source | Price | Appreciation |
|---|
| Date | Event & Source | Price |
|---|
For completeness, Compass often displays two records for one sale: the MLS record and the public record.
Public Records for 1500 Perkiomen Avenue
Schools near 1500 Perkiomen Avenue
Rating | School | Type | Grades | Distance |
|---|---|---|---|---|
| Public - | PK to 4 | |||
| Public - | 5 to 8 | |||
| Public - | 9 to 12 | |||
| Public - | 6 to 7 |
Rating | School | Distance |
|---|---|---|
Sixteenth & Haak El School PublicPK to 4 | ||
Central Middle School Public5 to 8 | ||
Reading Senior High School Public9 to 12 | ||
Southwest Middle School Public6 to 7 |
School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.
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Listing Courtesy of Keller Williams Real Estate-Montgomeryville
Based on information from one of the following Multiple Listing Services: BRIGHT, Greator Scranton Board of REALTORS®. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by BRIGHT, Greator Scranton Board of REALTORS® is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.