x
Showing 1 of 0
X
Save

1031 PENN STREET
READING PA 19601 US

$550,000

Active Listing ID PABK2051270
lot icon
Lot: 0.18 Acres
home icon
Other

$550,000

Active Listing ID PABK2051270
Save

1031 PENN STREET Unlock the potential of this versatile income-generating property! This package includes 8 residential units and a large garage, strategically located on the sought-after top block of Penn St, just steps from City Park. The property offers easy access to all urban conveniences, making it highly attractive for tenants. Built in 1890 and nestled within the historic Penns Common District, this property boasts a unique combination of historic charm and future growth potential. The offering includes: Main Building: 6 well-designed apartments showcasing original wood detailing. Additional Assets: 2 standalone homes and a large garage on Court St, offering flexible revenue streams. Prime Lot: A spacious parcel that spans the length of a full city block, connecting the buildings and providing outdoor potential. Currently, 5 of the 8 units are occupied by long-term tenants, ensuring immediate rental income while leaving room for value-add opportunities. With its blend of historic character and untapped potential, this property is ideal for the savvy investor looking to enhance portfolio performance.

Collapse all

Property Features

  • Facts
  • Lot Size: 0.18 Acres
  • Property Type: Residential Multi Family
  • Property Sub-type: Other
  • Features
  • Heating Fuels: Hot Water, Radiator

Property

  • propertytype: Residential Multi Family
  • propertysubtype: Other
  • listprice: 550000
  • unparsedaddress: 1031 PENN STREET
  • postalcity: READING
  • stateorprovince: PA
  • country: US
  • postalcode: 19601
  • bathroomsfull: 0
  • bathroomshalf: 0
  • bathroomsonequarter: 0
  • bathroomsthreequarter: 0
  • lotsizeacres: 0.18
  • lotsizeunits: Acres
  • lotsizearea: 0.18
  • livingarea: 6000
  • livingareaunits: Square Feet
  • latitude: 40.33565
  • longitude: -75.917
  • listagentfullname: Cole Golden
  • listagentemail: cgolden@goberkscounty.com
  • listagentkey: 3yd-TRENDPA-3191492
  • listagentmlsid: 3191492
  • listagentpreferredphone: 6106032691
  • listagentofficephone: 6106702770
  • listofficekey: 3yd-TRENDPA-RMREADIN
  • listofficemlsid: RMREADIN
  • disclaimer: Copyright © 2024 Bright MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
  • sourcesystemid: TRENDPA
  • yearbuilt: 1890
  • listingcontractdate: 2024-11-19
  • listagenturl: http://www.GoBerksCounty.com
  • countyorparish: BERKS
  • elementaryschooldistrict: READING
  • middleorjuniorschooldistrict: READING
  • highschooldistrict: READING
  • appliances: Range, Range - Gas, Refrigerator
  • constructionmaterials: Brick
  • heating: Hot Water, Radiator
  • numberofunitstotal: 4
  • fireplaceyn: False
  • transactiontype: ForSale
  • storiestotal: 0
  • parkingtotal: 0
  • waterfrontyn: False
  • franchiseaffiliation: RE/MAX International
  • interiorfeatures: Built-ins, Carpet, Ceiling Fan(s), Entry Level Bedroom
  • architecturalstyle: New Traditional
  • dock: False
  • poolprivateyn: False
  • spayn: False
  • internetaddressdisplayyn: True
  • internetautomatedvaluationdisplayyn: True
  • internetconsumercommentyn: True
  • location: -75.917, 40.33565
  • customfields: {"AdditionalInformation":{}, "AlternatePrices":[], "BrokerName":"RE/MAX of Reading", "BuilderEmail":null, "BuilderFax":null, "BuilderPhone":null, "City":null, "Country":null, "Expenses":[], "GeocodeOptions":null, "LeadRoutingEmail":"cgolden@goberkscounty.com", "ListBrokerageCity":"Wyomissing", "ListBrokerageCountry":"US", "ListBrokerageEmail":"info@goberkscounty.com", "ListBrokerageLogoUrl":"http://brokerlogos.listhub.net/TRENDPA/c5ababc320b05c980120b071ab6e000a/20181127173511207.png", "ListBrokerageName":"RE/MAX of Reading", "ListBrokeragePhone":"(610) 670-2770", "ListBrokeragePostalCode":"19610", "ListBrokerageStateOrProvince":"PA", "ListBrokerageUnitNumber":null, "ListBrokerageUnparsedAddress":"1290 Broadcasting Road", "ListBrokerageWebsiteUrl":"http://www.GoBerksCounty.com", "ListOfficeAddress1":"1290 Broadcasting ROAD", "ListOfficeAddress2":null, "ListOfficeBrokerMlsId":null, "ListOfficeCity":"Wyomissing", "ListOfficeCountry":"US", "ListOfficeEmail":"info@goberkscounty.com", "ListOfficePostalCode":"19610", "ListOfficeStateOrProvince":"PA", "ListPriceCurrencyType":"USD", "ListingTitle":"Traditional, Multi-Family - READING, PA", "ListingURL":"https://listings.listhub.net/pages/TRENDPA/PABK2051270/?channel=rexren", "MLSModificationTimestamp":"2024-11-19T13:54:56Z", "Neighborhoods":[{"Description":null, "Name":"READING CITY"}], "PostalCode":null, "RoomCount":null, "StateOrProvince":null, "Taxes":[{"TaxAnnualAmount":4676, "TaxDescription":null, "TaxYear":null}], "UnitNumber":null, "UnparsedAddress":null}
Listing Changed: 11/19/2024 9:11:59 PM GMT
Source Updated Date: 11/27/2024 6:53:58 AM GMT

Courtesy of: Cole Golden, RE/MAX Of Reading, cgolden@goberkscounty.com

Copyright © 2024 Bright MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.