Search For Homes

Save
Ask
Tour
Hide
Share
$1,250,000
26 Days Online

401 Walnut St
Reading, PA 19601

For Sale|Mixed Use|Active
0
Beds
0
Full Baths
0
Partial Baths
11,000
SqFt
$114
/SqFt
1880
Built
County:
BERKS

Due to the health concerns created by Coronavirus we are offering personal 1-1 online video walkthough tours where possible.

Call Now: 717-585-4522
Is this the home for you? We can help make it yours.
717-585-4522
401 Walnut St401 Walnut St401 Walnut St401 Walnut St
Save
Ask
Tour
Hide
Share

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.

Save
Ask
Tour
Hide
Share
Listing Snapshot
Price 
$1,250,000
Days Online 
26 Days
Bedrooms 
N/A
Inside Area (SqFt) 
11,000 sqft
Total Baths 
N/A
Full Baths 
N/A
Partial Baths 
N/A
Lot Size 
0.11 Acres
Year Built 
1880
MLS® Number 
PABK2046048
Status 
Active
Property Tax 
$8,345
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
N/A
Friends & Family
Recent Activity
4 weeks agoListing first seen online
2 months agoListing updated with changes from the MLS®
General Features
Acres 
0.11
Parking 
On Street
Property Sub Type 
Mixed Use
Sewer 
Public Sewer
SqFt Total 
11000
Utilities 
Natural Gas Available
Water Source 
Public
Interior Features
Appliances 
Electric Water Heater
Heating 
Forced AirNatural Gas
Save
Ask
Tour
Hide
Share
Exterior Features
Construction Details 
Stone
Community Features
MLS Area 
Reading City (10201)
Listing courtesy of Springer Realty Group 4843368677



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
Save
Ask
Tour
Hide
Share