$550,000

1027 Walnut St Reading, PA 19601

Penn's Common Neighborhood

Estimated payment $3,044/month

Total Views 5,407
-- Bed
-- Bath
4,920 Sq Ft
$112 Price per Sq Ft

Highlights

  • Traditional Architecture
  • Forced Air Heating System
  • 3-minute walk to City Park
  • Tile or Brick Flooring
  • Electric Baseboard Heater

About This Home

Calling all investors! 5 Residential Units now available on Walnut St. High traffic count and Central location makes residential units easy to rent. Excellent cash flow for the savvy investor. Current Rental / Lease Income Per Unit/Per Month: Unit/Apartment 1: $900 Unit/Apartment 2: $1200 Unit/Apartment 3: $750 Unit/Apartment 4: $850 Unit/Apartment 5: $850. Can be purchased individually or in a package deal with up to 19 Total Units. Please reach out for additional details and/or to schedule a walkthrough.

Listing Agent

Jimmy Thelusca

(973) 666-1188 jthelusca@pagodarpm.com Pagoda Realty License #RS333622 Listed on: 08/22/2025

Pagoda Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,663

Year Built

  • Built in 1900

Lot Details

  • 1,742 Sq Ft Lot

Home Design

  • Traditional Architecture
  • Brick Exterior Construction

Interior Spaces

  • 4,920 Sq Ft Home
  • Basement Fills Entire Space Under The House

Flooring

  • Tile or Brick
  • Vinyl

Parking

  • Public Parking
  • On-Street Parking

Utilities

  • Forced Air Heating System
  • Electric Baseboard Heater
  • Natural Gas Water Heater

Listing and Financial Details

  • Tax Lot 8452
  • Assessor Parcel Number 09-5317-69-01-8452

Community Details

Overview

  • 4 Units
  • 3-Story Building

Building Details

  • Income includes apartment rentals

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,663

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Structure Type: End Of Row/Townhouse
  • Architectural Style: Traditional
  • Ownership: Fee Simple
  • New Construction: No
  • Expected On Market: 8/22/2025 12:00:00 AM
  • Year Built: 1900
  • Remarks Public: Calling all investors! 5 Residential Units now available on Walnut St. High traffic count and Central location makes residential units easy to rent. Excellent cash flow for the savvy investor. Current Rental / Lease Income Per Unit/Per Month: Unit/Apartment 1: $900 Unit/Apartment 2: $1200 Unit/Apartment 3: $750 Unit/Apartment 4: $850 Unit/Apartment 5: $850. Can be purchased individually or in a package deal with up to 19 Total Units. Please reach out for additional details and/or to schedule a walkthrough.
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring Type: Tile/Brick, Vinyl
  • Foundation Details: Other
  • Basement: Yes
  • Basement Type: Full
  • Total Sq Ft: 4920
  • Living Area Sq Ft: 4920
  • Price Per Sq Ft: 111.79
  • Above Grade Finished Sq Ft: 4920
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 1027

Exterior Features

  • Other Structures: Above Grade
  • Construction Materials: Brick
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Parking Features: Public
  • Type Of Parking: On Street

Utilities

  • Central Air Conditioning: No
  • Heating Fuel: Electric
  • Heating Type: Baseboard - Electric, Forced Air
  • Heating: Yes
  • Hot Water: Electric, Natural Gas
  • Sewer/Septic System: Public Sewer
  • Utilities: Electric Available, Natural Gas Available
  • Water Source: Public

Schools

  • School District: READING
  • School District Key: 300200397169
  • School District Source: Listing Agent

Lot Info

  • Land Use Code: 4200
  • Lot Size Acres: 0.04
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 1742.00
  • Year Assessed: 2025
  • Zoning: COMM

Rental Info

  • Existing Lease Type: Month To Month
  • Number Of Units Month To Month: 5
  • Owner Pays: Common Area Maintenance, Electricity, Sewer, Taxes - Personal Property, Taxes - Real Estate, Trash Collection, Water
  • Units Leased Count: 5
  • Vacation Rental: No

Tax Info

  • School Tax: 662.00
  • Tax Annual Amount: 1663.00
  • Assessor Parcel Number: 09-5317-69-01-8452
  • Tax Lot: 8452
  • County Tax Payment Frequency: Annually
  • Tax Year: 2025

Multi Family

  • Income Includes: Apartment Rentals
  • Other Units: Unit 1,Unit 2,Unit 4,Unit 5,Unit 3

MLS Schools

  • School District Name: READING

Map

Range of Values:

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Average Value
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/22/2025 08/22/25 For Sale $550,000 -- $112 / Sq Ft
Source: Bright MLS

Source: Bright MLS

MLS Number: PABK2061772

Bright MLS
Pennsylvania Berks County Reading 19601 Penn's Common

1027 Walnut St, Reading, PA

This home is located at 1027 Walnut St, Reading, PA 19601 and is currently priced at $550,000, approximately $111 per square foot. This property was built in 1900. 1027 Walnut St is a home located in Berks County with nearby schools including Tenth & Penn El School, Central Middle School, and Reading Senior High School.

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Jimmy Thelusca
Listing Agent
Jimmy Thelusca
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Pagoda Realty
(484) 916-3723