5 E Penn Avenue

WERNERSVILLE, PA 19565

  • 0 Bed(s)
  • 0 Bath(s)
  • 0 Sqft
  • 18000
    Sqft(Lot)
$2,850,000

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-Family

  • Subdivision

    None Available

  • County

    BERKS

  • Style

    Other

  • AD ID

    46623518

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Property Details

  • 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

  • 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

  • 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

    • Possession: Immediate
    • Days Of Market: 4

  • Tax Information

    • Annual Tax: $7,335
    • Tax Year: 2001
    • Total Taxes Payment Frequency: Annually

    Possession

    • Immediate

    Assessment Information

    • Taxes Assessment Amount: $253,500

  • 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 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
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BuyOwner last updated this listing 11/16/2024 @ 19:44

  • 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.