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Marjorie Dick Stuart

  • Cell 240-731-8079
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401 Walnut St, READING, PA – $1,250,000

  • $1.3M Price
  • 11,000 Sqft
  • .11 Acres
  • 57 DOM
  • $1.3M Price
  • 11,000 Sqft
  • .11 Acres
  • 57 DOM

401 Walnut St

Prime Commercial Investment Opportunity in Reading City This is a fantastic addition to any investment portfolio! Located in the heart of Reading City, this versatile 3-building corner property offers significant potential. The asset includes 12 residential units, 1 commercial space currently operating as a Bodega, and a spacious storage unit that was previously a Laundromat. Tenants cover electric, heat, and hot water, ensuring strong returns for the owner. The storage unit, once a Laundromat, retains its own separate water meter. The landlord is responsible for water, sewer, property taxes, and trash removal. While the property requires some TLC, it offers great upside potential for the right investor. Showings are available to qualified buyers only, ensuring a smooth and efficient transaction. This property presents a rare combination of residential, commercial, and storage spaces in a prime location—don’t miss out on this exceptional investment opportunity!

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Essential Information

  • MLS® #PABK2051414
  • Price$1,250,000
  • Bathrooms0.00
  • Square Footage11,000
  • Acres0.11
  • Year Built1880
  • TypeMulti-Family
  • Sub-TypeOther, End of Row/Townhouse
  • StyleTraditional
  • StatusActive

Community Information

  • Address401 Walnut St
  • AreaReading City (10201)
  • CityREADING
  • CountyBERKS-PA
  • StatePA
  • MunicipalityREADING CITY
  • Zip Code19601

Interior

  • HeatingOther
  • CoolingNone
  • Has BasementYes
  • BasementFull

Exterior

  • FoundationOther

School Information

  • DistrictREADING

Additional Information

  • Date ListedNovember 25th, 2024
  • Days on Market57
  • ZoningMIXED

Listing Details

  • OfficePagoda Realty
  • Office Contact6109857700
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Listing information last updated on January 20th, 2025 at 5:15pm CST.