401 Walnut Street Reading, PA 19601
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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.
| 9 hours ago | Listing updated with changes from the MLS® | |
| 3 months ago | Price changed to $1,250,000 | |
| 6 months ago | Price changed to $1,200,000 | |
| 6 months ago | Status changed to Active | |
| 6 months ago | Listing first seen online |
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