Year Built: 1880
$1,250,000
401 WALNUT STREET, READING, PA 19601, US
Remarks
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.Details
MLS#: PABK2046048Price: $1,250,000
Year Built: 1880
County: BERKS
Tax Fee: 8345.0
Resources
Broker Contact
Springer Realty Group
600 Eagleview BOULEVARD 300
Exton, PA, 19341
US
Dave Springer
(484) 498-4000
das0319@gmail.com
Website
Information is believed to be accurate but should not be relied upon without verification.
Data Provided by Bright MLS
Last updated: 2024-07-20T09:45:27.000-04:00.
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