401 Walnut Street Reading, PA 19601
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.
- Property TypeCommercial
- NeighborhoodN/A
- CountyBerks
- Taxes$8,345
- HOA/Condo/Coop Fees$0
- Days on Site6 Days
- MLS StatusActive
- MLS ID NumberPABK2046048
- Home Size Source Estimated
- Year Built1880
- Lot Size0.11 Acres
- Full BathsN/A
- Partial BathsN/A
Sell your house quickly!
Get multiple potential cash offers for your home. Fast and hassle-free!
Learn MoreRecent Activity For 401 Walnut Street Reading, PA 19601
| 3 days ago | |
| 7 days ago |
Don't miss a thing!
Get updates on new activity for this listing
General Features
- Construction Stone
- Parking On Street
- Sewer Public Sewer
- Electric 200+ Amp Service
- Acreage 0.11
- Water Public
- Property Sub Type Mixed Use
- Attached Garage No
- Utilities Natural Gas AvailableSewer AvailableWater Available
- Zoning COMM
Interior Features
- Cooling NoneElectric
- Heating Forced AirNatural Gas
Exterior Features
- Spa No
- Waterfront Property No
Community Features
- MLS Area Reading City (10201)