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401 WALNUT STREET
READING PA 19601 US

$1,250,000

Active Listing ID PABK2051418
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Lot: 0.11 Acres
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Other

$1,250,000

Active Listing ID PABK2051418
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401 WALNUT STREET 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!

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Property Features

  • Facts
  • Lot Size: 0.11 Acres
  • Property Type: Commercial Sale
  • Property Sub-type: Other
  • Features
  • Heating Fuels: Baseboard

Property

  • propertytype: Commercial Sale
  • propertysubtype: Other
  • listprice: 1250000
  • unparsedaddress: 401 WALNUT STREET
  • postalcity: READING
  • stateorprovince: PA
  • country: US
  • postalcode: 19601
  • bathroomsfull: 0
  • bathroomshalf: 0
  • bathroomsonequarter: 0
  • bathroomsthreequarter: 0
  • lotsizeacres: 0.11
  • lotsizeunits: Acres
  • lotsizearea: 0.11
  • livingarea: 0
  • livingareaunits: Square Feet
  • latitude: 40.338724
  • longitude: -75.929575
  • listagentfullname: John Gantkowski
  • listagentemail: jgantkowski@pagodarpm.com
  • listagentkey: 3yd-TRENDPA-3308552
  • listagentmlsid: 3308552
  • listagentpreferredphone: 6109857700
  • listagentofficephone: 6109857700
  • listofficekey: 3yd-TRENDPA-PAGODA
  • listofficemlsid: PAGODA
  • 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: 1880
  • listingcontractdate: 2024-11-25
  • listagenturl: http://www.pagodarpm.com
  • countyorparish: BERKS
  • heating: Baseboard
  • fireplaceyn: False
  • transactiontype: ForSale
  • storiestotal: 0
  • parkingtotal: 0
  • waterfrontyn: False
  • architecturalstyle: Other
  • dock: False
  • poolprivateyn: False
  • spayn: False
  • internetaddressdisplayyn: True
  • internetautomatedvaluationdisplayyn: False
  • internetconsumercommentyn: False
  • location: -75.92957, 40.338722
  • customfields: {"AdditionalInformation":{}, "AlternatePrices":[], "BrokerName":"Pagoda Realty and Property Management, Inc.", "BuilderEmail":null, "BuilderFax":null, "BuilderPhone":null, "City":null, "Country":null, "Expenses":[], "GeocodeOptions":null, "LeadRoutingEmail":"jgantkowski@pagodarpm.com", "ListBrokerageCity":"West Lawn", "ListBrokerageCountry":"US", "ListBrokerageEmail":"fdesk@pagodarpm.com", "ListBrokerageLogoUrl":null, "ListBrokerageName":"Pagoda Realty and Property Management, Inc.", "ListBrokeragePhone":"(610) 985-7700", "ListBrokeragePostalCode":"19609", "ListBrokerageStateOrProvince":"PA", "ListBrokerageUnitNumber":null, "ListBrokerageUnparsedAddress":"2307 Penn Ave", "ListBrokerageWebsiteUrl":"http://www.pagodarpm.com", "ListOfficeAddress1":"2307 Penn AVENUE", "ListOfficeAddress2":null, "ListOfficeBrokerMlsId":null, "ListOfficeCity":"Reading", "ListOfficeCountry":"US", "ListOfficeEmail":"crstringer@msn.com", "ListOfficePostalCode":"19609", "ListOfficeStateOrProvince":"PA", "ListPriceCurrencyType":"USD", "ListingTitle":"Commercial - READING, PA", "ListingURL":"https://listings.listhub.net/pages/TRENDPA/PABK2051418/?channel=rexren", "MLSModificationTimestamp":"2024-11-25T10:21:22Z", "Neighborhoods":[{"Description":null, "Name":"READING CITY"}], "PostalCode":null, "RoomCount":null, "StateOrProvince":null, "Taxes":[{"TaxAnnualAmount":8477, "TaxDescription":null, "TaxYear":null}], "UnitNumber":null, "UnparsedAddress":null}
Listing Changed: 11/26/2024 12:17:50 AM GMT
Source Updated Date: 12/4/2024 6:52:30 AM GMT

Courtesy of: John Gantkowski, Pagoda Realty, jgantkowski@pagodarpm.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.