1031 PENN ST new to site Save Request In-Person Tour Request Virtual Tour
Reading,PA 19601
Key Details
Property Type Commercial
Sub Type Five Or More Units
Listing Status Active
Purchase Type For Sale
Square Footage 6,000 sqft
Price per Sqft $91
MLS Listing ID PABK2051070
Originating Board BRIGHT
Year Built 1890
Annual Tax Amount $4,676
Tax Year 2024
Lot Size 7,840 Sqft
Acres 0.18
Lot Dimensions 0.00 x 0.00
Property Description
Excellent investment opportunity! This 8 residential units and 1 large garage property has so much potential for you to make it into a shining star. Located on the top block of Penn St, steps away from City Park. All of the city’s conveniences are assessable for tenants. This 1890 building is in the Penn’s Common Historic District. There are 6 apartments in the main building, 2 homes and a garage on Court St. The large back yard connects the buildings, running the length of a full city block. Long-term tenants occupy 5 of the 8 units. Check out the amazing wood detail in many of the apartments. There will be open houses on Monday 11/18 and Tuesday 11/19. All buyers must be accompanied by an agent to tour the property.
Location
State PA
County Berks
Area Reading City (10201)
Zoning R3
Interior
Hot Water Electric
Heating Hot Water,Radiator
Cooling None
Flooring Carpet,Hardwood,Vinyl,Tile/Brick
Inclusions Refrigerators and stoves
Heat Source Oil
Exterior
Waterfront N
Water Access N
View Street
Roof Type Flat,Rubber
Accessibility None
Parking Type On Street,Private Garage
Garage N
Building
Lot Description Level,Rear Yard
Foundation Stone,Brick/Mortar
Sewer Public Sewer
Water Public
New Construction N
Schools
School District Reading
Others
Tax ID 08-5317-77-00-8378
Ownership Fee Simple
SqFt Source Assessor
Special Listing Condition Standard