401 Walnut Street

READING, PA 19601

  • 0 Bed(s)
  • 0 Bath(s)
  • 0 Sqft
  • 4791
    Sqft(Lot)
$1,250,000

Description

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!

  • Property Type

    Multi-Family

  • County

    BERKS

  • Style

    Traditional

  • AD ID

    47858247

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Property Details

  • Water/Sewer

    • Water Source : Public

    Interior Features

    • Basement Description: Full

    Heating & Cooling

    • Cooling: None
    • Heating: Other
    • Cooling Fuel: None
    • Heating Fuel: Natural Gas

  • Building Information

    • Year Built: 1880
    • Structure: End of Row/Townhouse
    • New Construction: No
    • Total Units: 4
    • Built: 1880
    • Construction Material: Mixed
    • Foundation/Basement: Other
    • Architecture: Traditional
    • Pool/Private: No Pool

    Pool Information

    • Pool: No Pool

    Utility Features

    • Sewer: Public Sewer

    Water

    • Water Heat: Electric

  • Lot Information

    • Lot Size: 4,791
    • Dimensions: 0.00 x 0.00
    • Lot Size (Acres): 0.11
    • Architectural Style: Traditional
    • Main Square Feet: 4,791

    Property Information

    • SQ ft: 11,000
    • SQ ft (Living Area): 11,000
    • Total Lot SQ ft: 4,791
    • Financing: Cash,Conventional,Other
    • Appx. Lot Dimensions: 0.00 x 0.00
    • Total Acreage: 0.11
    • New Construction: No
    • Type: Traditional

  • Listing Information

    • Possession: 0-30 Days CD
    • Days Of Market: 1

  • Tax Information

    • Annual Tax: $8,477
    • Tax Year: 2024
    • Total Taxes Payment Frequency: Annually

    Possession

    • 0-30 Days CD

    Assessment Information

    • Taxes Assessment Amount: $190,900

  • Parking Information

    • Parking Type: On Street

    Multi-Unit Information

    • Acceptable Financing: Cash,Conventional,Other
    • Road Surface: Paved

    Homeowners Association Information

    • Direction: 3rd to walnut

  • School Information

    • School District: READING

    Utility Information

    • Water Source: Public
    • Sewer: Public Sewer
    • Cooling Fuel: None
    • Heating Fuel: Natural Gas
    • Hot Water: Electric

    Location Information

    • Location Type: Urban
    • Direction: 3rd to walnut
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BuyOwner last updated this listing 12/22/2024 @ 06:22

  • MLS: PABK2051414
  • LISTING PROVIDED COURTESY OF: ,
  • SOURCE: BRIGHT MLS

is a Other, with 0 bedrooms which is for sale, it has 0 sqft, 4,791 sized lot, and 0 parking. A comparable Other, has bedrooms and baths, it was built in and is located at and for sale by its owner at . This home is located in the city of READING , in zip code 19601, this BERKS County Other and are nearby neighborhoods.