Description
Discover a fantastic investment opportunity at 1511 Perkiomen Ave, Reading, Pennsylvania. This multi-unit property offers three income-generating units, making it an excellent choice for both seasoned investors looking to expand their portfolio and newcomers to the world of real estate investment. With three diverse units, it generates a total annual rental income of $26,580, providing a stable and diversified cash flow that's attractive to investors. Tenants are on month-to-month leases, offering flexibility for new ownership. The property's unique feature is that tenants are responsible for their electric bills, which also serves as the heating source, reducing operational expenses. Located in the charming community of Reading, PA, it offers convenient access to local amenities, schools, and transportation. Whether you're an experienced real estate investor looking to expand your portfolio or someone looking to enter real estate investment, 1511 Perkiomen Ave is the ideal opportunity to secure your financial future through real estate. Don't miss out on this lucrative investment; contact us today to schedule a viewing and take the first step toward real estate investment success. Opportunities like this one tend to go quickly, so act fast!
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0BEDS
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0.08ACRES
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0BATHS
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01/2 BATHS
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2,637SQFT
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$85$/SQFT
Description
Discover a fantastic investment opportunity at 1511 Perkiomen Ave, Reading, Pennsylvania. This multi-unit property offers three income-generating units, making it an excellent choice for both seasoned investors looking to expand their portfolio and newcomers to the world of real estate investment. With three diverse units, it generates a total annual rental income of $26,580, providing a stable and diversified cash flow that's attractive to investors. Tenants are on month-to-month leases, offering flexibility for new ownership. The property's unique feature is that tenants are responsible for their electric bills, which also serves as the heating source, reducing operational expenses. Located in the charming community of Reading, PA, it offers convenient access to local amenities, schools, and transportation. Whether you're an experienced real estate investor looking to expand your portfolio or someone looking to enter real estate investment, 1511 Perkiomen Ave is the ideal opportunity to secure your financial future through real estate. Don't miss out on this lucrative investment; contact us today to schedule a viewing and take the first step toward real estate investment success. Opportunities like this one tend to go quickly, so act fast!
©2023 Bright MLS, All Rights Reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale may no longer be available because they are for instance, under contract, sold, or are no longer being offered for sale. Information is deemed reliable but is not guaranteed accurate by the MLS or RE/MAX Main Line. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. Data last updated: 2023-12-11T09:52:22.313.