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$1,250,000
155 Days On Site

401 WALNUT STREET
READING, PA 19601

For Sale|Commercial Sale|Active
0
Beds
0
Full Baths
0
Partial Baths
11,000
SqFt
$114
/SqFt
1880
Built
Subdivision:
READING
County:
BERKS
Listing courtesy of Iron Valley Real Estate of Berks
Call Now: 717-298-8040
Is this the home for you? We can help make it yours.
717-298-8040
401 WALNUT STREET401 WALNUT STREET401 WALNUT STREET
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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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Listing Snapshot
Price 
$1,250,000
Days On Site 
155 Days
Bedrooms 
N/A
Inside Area (SqFt) 
11,000 sqft
Total Baths 
N/A
Full Baths 
N/A
Partial Baths 
N/A
Lot Size 
0.11 Acres
Year Built 
1880
MLS® Number 
PABK2051418
Status 
Active
Property Tax 
$8,604
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
Estimated
Friends & Family
Recent Activity
4 weeks agoListing updated with changes from the MLS®
5 months agoStatus changed to Active
5 months agoListing first seen on site
General Features
Acres 
0.11
Parking 
On Street
Sewer 
Public Sewer
Special Circumstances 
Standard
SqFt Total 
11000
Water Source 
Public
Zoning 
MIXED
Interior Features
Appliances 
Electric Water Heater
Heating 
ElectricBaseboard
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Community Features
MLS Area 
Reading City (10201)
Roads 
Paved
School District 
READING
Schools
School District
READING
Elementary School
Unknown
Middle School
Unknown
High School
Unknown
Listing courtesy of Iron Valley Real Estate of Berks



The real estate listing information is provided by Bright MLS is for the consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumer may be interested in purchasing. Any information relating to real estate for sale or lease referenced on this web site comes from the Internet Data Exchange (IDX) program of the Bright MLS. This web site references real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. The accuracy of all information is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. Properties in listings may have been sold or may no longer be available. The data contained herein is copyrighted by Bright MLS and is protected by all applicable copyright laws. Any unauthorized collection or dissemination of this information is in violation of copyright laws and is strictly prohibited. Copyright © 2020 Bright MLS. All rights reserved.

Neighborhood & Commute
Source: Walkscore
Community information and market data Powered by ATTOM Data Solutions. Copyright ©2019 ATTOM Data Solutions. Information is deemed reliable but not guaranteed.
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