1. Pennsylvania
  2. Reading
  3. 401 WALNUT ST
$1,150,000

401 WALNUT ST, Reading, PA 19601

  • 11,000 sqft
  • Property Icon other
  • Property Year Built Icon Built in 1880
  • Property Lot Size Icon4,792sqft lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $105/sqft
  • Property List Date Icon Listed 7 months ago

Property Description

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!

Listing Status:
Active
Listing Office:
Iron Valley Real Estate of Berks : 4844508771
Listing Agent:
John H Gantkowski Jr. : 6107803024
MLS ID:
PABK2051414
  • Basement: Full
  • A/C: None
  • Heating: OtherNatural Gas
  • Disability Feature: None

This listing courtesy of John H Gantkowski Jr., Iron Valley Real Estate of Berks

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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Location

Schools Nearby

L

Lauer's Park Elementary School

251 N 2nd St, Reading, PA, 19601

Grades PK-4

0.19 miles away

S

Southwest Middle School

300 Chestnut St, Reading, PA, 19602

Grades 5-8

0.48 miles away

R

Reading Senior High School

801 N 13th St, Reading, PA, 19604

Grades 9-12

1.12 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.