401 Walnut Street, Reading, PA 19601 | MLS PABK2033346 | Listing Information | Nestfully
Courtesy: Suzi Ford - Springer Realty Group; Phone: (484) 498-4000
FOR SALE
$1,250,000

401 Walnut Street
Reading, PA 19601

11,000
Sq. Ft.
0.11
Acres Lot
Mixed Use, Business Opportunities
176 days on Nestfully 65 views
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.
PABK2033346
Mixed Use, Business Opportunities
Other
1880
BERKS
0.11 Acres
Public
Stone
Public Sewer
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Courtesy: Suzi Ford - Springer Realty Group; Phone: (484) 498-4000
BRIGHT MLS - All information, regardless of source, should be verified by personal inspection by and/or with the appropriate professional(s). The information is not guaranteed. Measurements are solely for the purpose of marketing, may not be exact, and should not be relied upon for loan, valuation, or other purposes.
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