Description
*** projected annual noi of $430,000***discover a rare investment opportunity with this 42-unit
historic building, in a prime, high-traffic location. boasting 38 residential rooming units, 17 of which
having their own private bathrooms and 4 thriving commercial spaces.
the commercial units are anchored by an open and thriving bar, a cozy cafe, a fully equipped kitchen,
and a spacious restaurant/ballroom area ideal for events. in addition to a thrift shop adds to the building's
diverse tenant mix.
included in the sale is an additional parcel just across the street, featuring a barn with its own parking lot.
with zoning approval, this versatile space could be transformed into additional storage, parking, or even
expanded living quarters, offering further potential to increase value.
this profitable property offers stable income with significant upside for the savvy investor. additional
financials are available upon request, and all offers are welcome. don't miss your chance to own a piece
of history with endless possibilities. schedule your showing today!
Property Type
Multi-FamilySubdivision
None AvailableCounty
BERKSStyle
OtherAD ID
46623518
Sell a home like this and save $170,501 Find Out How
Property Details
-
Interior Features
Water/Sewer
- Water Source : Public
Interior Features
- Roof : Rubber,Shingle
Roofing Information
- Rubber,Shingle
Heating & Cooling
- Cooling: Window Unit(s)
- Heating: Baseboard - Hot Water
- Cooling Fuel: None
- Heating Fuel: Natural Gas
-
Exterior Features
Building Information
- Year Built: 1890
- Structure: Detached
- New Construction: No
- Total Units: 4
- Built: 1890
- Construction Material: Brick,Frame
- Roof: Rubber,Shingle
- Foundation/Basement: Brick/Mortar
- Architecture: Other
- Pool/Private: No Pool
- Roof Type: Rubber,Shingle
Pool Information
- Pool: No Pool
Utility Features
- Sewer: Public Sewer
Water
- Water Heat: 60+ Gallon Tank,Natural Gas
-
Property / Lot Details
Lot Information
- Lot Size: 18,000
- Lot Size (Acres): 0.41
- Architectural Style: Other
- Stories Total: 4
- Main Square Feet: 18,000
Property Information
- SQ ft: 8,000
- SQ ft (Living Area): 8,000
- Total Lot SQ ft: 18,000
- Subdivision: NONE AVAILABLE
- Financing: Cash,Conventional,Other
- Total Acreage: 0.41
- New Construction: No
- Type: Other
-
Listing Information
Listing Information
- Possession: Immediate
- Days Of Market: 4
-
Taxes / Assessments
Tax Information
- Annual Tax: $7,335
- Tax Year: 2001
- Total Taxes Payment Frequency: Annually
Possession
- Immediate
Assessment Information
- Taxes Assessment Amount: $253,500
-
Virtual Tour, Parking, Multi-Unit Information & Homeowners Association
Parking Information
- Parking Features: Private
- Parking Type: Parking Lot
Multi-Unit Information
- Acceptable Financing: Cash,Conventional,Other
- Roof: Rubber,Shingle
Homeowners Association Information
- Direction: Penn Ave west to Wernersville, property on right
-
School, Utilities & Location Details
School Information
- School District: CONRAD WEISER AREA
Utility Information
- Water Source: Public
- Sewer: Public Sewer
- Cooling Fuel: None
- Heating Fuel: Natural Gas
- Hot Water: 60+ Gallon Tank,Natural Gas
Location Information
- Location Type: Suburban
- Direction: Penn Ave west to Wernersville, property on right
Statistics Bottom Ads 2
Sidebar Ads 1
Learn More about this Property
Sidebar Ads 2
Sidebar Ads 2
Data provided by Bright MLS. Property information is for the users personal, non-commercial use. Information may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties that appear on the website may no longer be for sale, and may be under contract or sold. ©2020 Bright MLS, All Rights Reserved. Information is reliable but not guaranteed.
BuyOwner last updated this listing 12/18/2024 @ 07:20
- MLS: PABK2046952
- LISTING PROVIDED COURTESY OF: ,
- SOURCE: BRIGHT MLS
is a Other, with 0 bedrooms which is for sale, it has 0 sqft, 18,000 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 WERNERSVILLE , in zip code 19565, this BERKS County Other , it is in the NONE AVAILABLE Subdivision, are nearby neighborhoods.