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401 WALNUT STREET
READING PA 19601 US

$1,250,000

Active Listing ID PABK2033346
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Lot: 0.11 Acres
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$1,250,000

Active Listing ID PABK2033346
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401 WALNUT STREET 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.

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Property Features

  • Facts
  • Lot Size: 0.11 Acres
  • Property Type: Commercial Sale
  • Property Sub-type: Other
  • Features
  • Heating Fuels: Forced Air

Property

  • propertytype: Commercial Sale
  • propertysubtype: Other
  • listprice: 1250000
  • unparsedaddress: 401 WALNUT STREET
  • postalcity: READING
  • stateorprovince: PA
  • country: US
  • postalcode: 19601
  • bathroomsfull: 0
  • bathroomshalf: 0
  • bathroomsonequarter: 0
  • bathroomsthreequarter: 0
  • lotsizeacres: 0.11
  • lotsizeunits: Acres
  • lotsizearea: 0.11
  • livingareaunits: Square Feet
  • latitude: 40.338724
  • longitude: -75.929575
  • listagentfullname: Suzi Ford
  • listagentemail: suziford@cs.com
  • listagentkey: 3yd-TRENDPA-3154500
  • listagentmlsid: 3154500
  • listagentpreferredphone: 4844984000
  • listagentofficephone: 4844984000
  • listofficekey: 3yd-TRENDPA-SPRNGRGP
  • listofficemlsid: SPRNGRGP
  • disclaimer: Copyright © 2024 Bright MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
  • sourcesystemid: TRENDPA
  • yearbuilt: 1880
  • listingcontractdate: 2023-11-05
  • listagenturl: http://www.springerrealtygroup.com
  • countyorparish: BERKS
  • constructionmaterials: Stone
  • heating: Forced Air
  • fireplaceyn: False
  • transactiontype: ForSale
  • storiestotal: 0
  • parkingtotal: 0
  • waterfrontyn: False
  • architecturalstyle: Other
  • poolprivateyn: False
  • spayn: False
  • internetaddressdisplayyn: True
  • internetautomatedvaluationdisplayyn: True
  • internetconsumercommentyn: True
  • location: -75.929575, 40.338724
  • customfields: {"AlternatePrices":[], "Expenses":[], "ListPriceCurrencyType":"USD", "ListingURL":"https://listings.listhub.net/pages/TRENDPA/PABK2033346/?channel=rexren", "LeadRoutingEmail":"suziford@cs.com", "BrokerName":"Springer Realty Group", "ListingTitle":"Commercial - READING, PA", "ListOfficeBrokerMlsId":null, "ListOfficeEmail":"das0319@gmail.com", "ListOfficeAddress1":"600 Eagleview BOULEVARD", "ListOfficeAddress2":"300", "ListOfficeCity":"Exton", "ListOfficePostalCode":"19341", "ListOfficeStateOrProvince":"PA", "ListOfficeCountry":"US", "BuilderPhone":null, "BuilderFax":null, "BuilderEmail":null, "UnparsedAddress":null, "UnitNumber":null, "City":null, "StateOrProvince":null, "PostalCode":null, "Country":null, "ListBrokerageName":"Springer Realty Group", "ListBrokeragePhone":"(484) 498-4000", "ListBrokerageEmail":"das0319@gmail.com", "ListBrokerageWebsiteUrl":"http://www.springerrealtygroup.com", "ListBrokerageLogoUrl":"http://brokerlogos.listhub.net/TRENDPA/c5ababf022a3f3a70122a7fd4fe600be/20151009131405449.png", "ListBrokerageUnparsedAddress":"740 Springdale Dr", "ListBrokerageUnitNumber":"Suite 100", "ListBrokerageCity":"Exton", "ListBrokerageStateOrProvince":"PA", "ListBrokeragePostalCode":"19341", "ListBrokerageCountry":"US", "RoomCount":null, "GeocodeOptions":null, "MLSModificationTimestamp":"2024-02-13T16:40:46Z", "Neighborhoods":[{"Name":"READING CITY", "Description":null}], "Taxes":[{"TaxYear":null, "TaxAnnualAmount":8345, "TaxDescription":null}]}
Listing Changed: 3/26/2024 3:08:01 PM GMT
Source Updated Date: 5/2/2024 6:59:26 AM GMT

Courtesy of: Suzi Ford, Springer Realty Group, suziford@cs.com

Copyright © 2024 Bright MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

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