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$2,850,000
122 Days On Site

5 E Penn Ave
Wernersville, PA 19565

For Sale|Residential Income|Active
0
Beds
0
Full Baths
0
Partial Baths
8,000
SqFt
$356
/SqFt
1890
Built
Subdivision:
NONE AVAILABLE
County:
BERKS
Listing courtesy of Pagoda Realty

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717-585-4522
5 E Penn Ave5 E Penn Ave5 E Penn Ave5 E Penn Ave
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*** Projected Annual NOI of $430,000***Discover a rare investment opportunity with this 42-unit historic building, in a prime, high-traffic location. Boasting 38 residential rooming units, 17 of which having their own private bathrooms and 4 thriving commercial spaces. The commercial units are anchored by an open and thriving bar, a cozy cafe, a fully equipped kitchen, and a spacious restaurant/ballroom area ideal for events. In addition to a thrift shop adds to the building's diverse tenant mix. Included in the sale is an additional parcel just across the street, featuring a barn with its own parking lot. With zoning approval, this versatile space could be transformed into additional storage, parking, or even expanded living quarters, offering further potential to increase value. This profitable property offers stable income with significant upside for the savvy investor. Additional financials are available upon request, and all offers are welcome. Don't miss your chance to own a piece of history with endless possibilities. Schedule your showing today!

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Listing Snapshot
Price 
$2,850,000
Days On Site 
122 Days
Bedrooms 
N/A
Inside Area (SqFt) 
8,000 sqft
Total Baths 
N/A
Full Baths 
N/A
Partial Baths 
N/A
Lot Size 
0.41 Acres
Year Built 
1890
MLS® Number 
PABK2046952
Status 
Active
Property Tax 
$7,335
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
N/A
Friends & Family
Recent Activity
4 months agoListing updated with changes from the MLS®
4 months agoListing first seen on site
General Features
Acres 
0.41
Number Of Stories 
4
Parking Spaces 
36
Sewer 
Public Sewer
SqFt Total 
8000
Style 
Other
Water Source 
Public
Interior Features
Cooling 
Window Unit(s)
Flooring 
LaminateVinyl
Heating 
BaseboardHot WaterNatural Gas
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Exterior Features
Construction Details 
BrickFrame
Roof 
RubberShingle
Community Features
MLS Area 
Wernersville Boro (10290)
School District 
CONRAD WEISER AREA
Schools
School District
CONRAD WEISER AREA
Elementary School
Unknown
Middle School
Unknown
High School
Unknown
Listing courtesy of Pagoda Realty



The real estate listing information is provided by Bright MLS is for the consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumer may be interested in purchasing. Any information relating to real estate for sale or lease referenced on this web site comes from the Internet Data Exchange (IDX) program of the Bright MLS. This web site references real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. The accuracy of all information is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. Properties in listings may have been sold or may no longer be available. The data contained herein is copyrighted by Bright MLS and is protected by all applicable copyright laws. Any unauthorized collection or dissemination of this information is in violation of copyright laws and is strictly prohibited. Copyright © 2020 Bright MLS. All rights reserved.

Neighborhood & Commute
Source: Walkscore
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