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MLS# PABK2074090

Status: ACTIVE
1220 PERKIOMEN AVE
READING, PA 19602
$950000.00

Commercial Sale
Year Built: 1920
Sq Ft: 5000.00
Building Area: 8464.00
Acres: 0.27
Contact:
Trent Stauffer
Bold Realty
Phone:   6103738701
Photos
Map
Exceptional opportunity to own an 11-unit multifamily investment property in Reading. This income-producing asset offers approximately 5,000 SF of living space with a strong rental history and consistent occupancy. Conveniently located near shopping, dining, schools, public transportation, and major roadways. Public water and sewer. A great addition to any investment portfolio with strong cash-flow potential. • 11-unit multifamily investment property • Approximately 5,000 SF of living space • Strong rental history and consistent occupancy • Income-producing asset with cash-flow potential • Public water and sewer • Convenient access to shopping, dining, schools, and public transportation • Easy access to major roadways and downtown Reading • Excellent addition to any investment portfolio

Additional Features

School District Name: READING
Directions: From downtown Reading, take Penn Street east and continue onto Perkiomen Avenue (US-422 Business). Proceed past South 11th Street and Franklin Street.
MLS Area: Reading City (10201)
Lot Features: Corner,Road Frontage
Tax ID Number: 03-5316-22-19-8404
Zoning: COMMERCIAL, RESIDENTIAL
Land Use Code: 4200
Ownership Interest: Fee Simple
Hot Water: Natural Gas
Roof: Rubber
Heating Type: Radiator
Foundation Details: Other
Flooring Type: Carpet,Hardwood
Construction Materials: Brick
Cooling Type: None
Sewer Septic: Public Sewer
Water Source: Public
Listing Entry Date: June 30, 2026
Tax Annual Amount: 15094.00
Tax Assessed Value: 327000.00
Tax Year: 2025
Price Per SQFT: 112.24