$1,250,000
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401 Walnut Street Reading, PA 19601 Municipality: Reading City
General Commercial
Residence
Beds
Baths
11,000
Sq. Ft.
0.11
Acre
Lot
Property Activity
Time on Site
days
Days on Market
Views
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Prime Commercial Investment in Reading City, terrific property to add to your portfolio. Presenting an exceptional investment proposition in the heart of Reading City: A multifaceted 4 building corner commercial property featuring 12 residential units, a Bodega, and a spacious Storage Unit that was ...once a Laundromat. This asset is not only a beacon of solid returns but also serves as an attractive tax shelter for savvy investors. Tenants shoulder the cost for electric, heat, and hot water, ensuring maximized returns for the owner. The storage room, previously functioning as a Laundromat, retains its separate water meter. Landlord pays water, sewer, and taxes. Property does need some TLC. The seller emphasizes showings for qualified buyers only, ensuring a smooth and efficient transition process. Buyer is welcome to present a reasonable lower offer for seller's consideration.
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MLS#
PABK2046048
Property Type
General Commercial
Year Built
1880
Square Feet
11,000
sq. ft
Price per Sq. Ft.
$113.64
Lot Size
0.11
Sewer
Public Sewer
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