Connect

Find us on...

Dashboard

Marjorie Dick Stuart

  • Cell 240-731-8079
Questions?

5 E Penn Ave, WERNERSVILLE, PA – $2,850,000

  • $2.9M Price
  • 8,000 Sqft
  • .41 Acres
  • 110 DOM
  • $2.9M Price
  • 8,000 Sqft
  • .41 Acres
  • 110 DOM

5 E Penn Ave

*** 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!

Request More Info

Essential Information

  • MLS® #PABK2046952
  • Price$2,850,000
  • Bathrooms0.00
  • Square Footage8,000
  • Acres0.41
  • Year Built1890
  • TypeMulti-Family
  • Sub-TypeOther, Detached
  • StyleOther
  • StatusActive

Community Information

  • Address5 E Penn Ave
  • AreaWernersville Boro (10290)
  • SubdivisionNONE AVAILABLE
  • CityWERNERSVILLE
  • CountyBERKS-PA
  • StatePA
  • MunicipalityWERNERSVILLE BORO
  • Zip Code19565

Amenities

  • ParkingPrivate

Interior

  • HeatingBaseboard - Hot Water
  • CoolingWindow Unit(s)
  • # of Stories4

Exterior

  • ExteriorBrick and Siding, Frame
  • RoofRubber, Shingle
  • FoundationBrick/Mortar

School Information

  • DistrictCONRAD WEISER AREA

Additional Information

  • Date ListedAugust 12th, 2024
  • Days on Market110
  • ZoningRES

Listing Details

  • OfficePagoda Realty
  • Office Contact6109857700
Please provide a valid email address.

© 2020 BRIGHT, All Rights Reserved. Information deemed reliable but not guaranteed. The data relating to real estate for sale on this website appears in part through the BRIGHT Internet Data Exchange program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms in which Coldwell Banker Residential Realty participates, and is provided by BRIGHT through a licensing agreement. Real estate listings held by brokerage firms other than Coldwell Banker Residential Realty are marked with the IDX logo and detailed information about each listing includes the name of the listing broker.The information provided by this website is for the personal, non-commercial use of consumers and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale on this website may no longer be available because they are under contract, have Closed or are no longer being offered for sale. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller.

Listing information last updated on November 29th, 2024 at 5:30pm CST.