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$1,250,000
11,000
square ft

401 Walnut Street
READING, Pennsylvania 19601

Active / MLS #PABK2051414 / Multiple Unit (2-4) / READING
Listing information updated 11/25/2024 at 9:41am
Prime Commercial Investment Opportunity in Reading City This is a fantastic addition to any investment portfolio! Located in the heart of Reading City, this versatile 3-building corner property offers significant potential. The asset includes 12 residential units, 1 commercial space currently operating as a Bodega, and a spacious storage unit that was previously a Laundromat. Tenants cover electric, heat, and hot water, ensuring strong returns for the owner. The storage unit, once a Laundromat, retains its own separate water meter. The landlord is responsible for water, sewer, property taxes, and trash removal. While the property requires some TLC, it offers great upside potential for the right investor. Showings are available to qualified buyers only, ensuring a smooth and efficient transaction. This property presents a rare combination of residential, commercial, and storage spaces in a prime location-don't miss out on this exceptional investment opportunity!
Architecture Style:
Traditional
Basement:
Full
Cooling System:
None
Heating System:
Other
Pool:
No
Age:
144 Years
Water Front:
No
Square Feet:
11,000
Lot Size:
4791.00 Square Feet
Acreage:
0.11
Tax Amount:
$8,477
Tax Year:
2024
Zip Code:
19601
City:
Reading
County:
Berks
School District(s):
READING
Elementary School:
N/A
Middle School:
N/A
High School:
N/A

Listing Office: Pagoda Realty

Listing Office Phone: 610.985.7700

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401 Walnut Street is a multiple unit (2-4) currently listed at $1,250,000. This multiple unit (2-4) has been listed on RLAH @properties since November 25th, 2024 and was built in 1880.