Active
401 Walnut St
Reading PA, 19601
$1,250,000
$113.64 per sqft
Active
11,000 sqft
Commercial
Built in 1880
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!
PABK2051418
MLSⓇ ID
November 25, 2024
Listed
November 25, 2024
Updated
Map
401 Walnut St
Reading PA, 19601
Interior Features
Appliances
Electric Water Heater
Fireplace
No
Cooling
No
Heating
Yes
Heating Description
Baseboard, Electric
Exterior/Building Features
Lot Size
0.11 Acres
Sewer
Public Sewer
Other Property Details
Area Name
READING CITY
Taxes
$8,477
Tax Frequency
Annually
Days on Market
1
Garage
No
Parking
On Street
View
No
County
BERKS
Water Source
Public
Pool
No
Listed by Pagoda Realty
Listing Contact: 6107803024
The IDX display contains information sourced from the Bright MLS, Inc. as of 11/25/2024. This data is intended solely for personal, non-commercial use and is not to be utilized for any other purposes except to identify potential properties for purchase. Although the MLS data displayed is typically considered reliable, it is not guaranteed to be accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and are advised to conduct their own investigations or seek professional assistance. Other sources besides the Listing Agent may have contributed to the MLS data presented. Unless expressly specified in writing, the Broker/Agent has not confirmed any information obtained from external sources. The Broker/Agent may or may not have acted as the Listing and/or Selling Agent and cannot guarantee the accuracy of property locations displayed on any map. Any compensation offers are solely made to participants of the MLS where the listing is registered.
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Data last updated on 11/25/2024 at 3:49 PM UTC
