$534,900

1027 Walnut St Reading, PA 19601

Penn's Common Neighborhood

Estimated payment $2,952/month

Total Views 8,911
-- Bed
-- Bath
4,920 Sq Ft
$109 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
  • 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: 108.72
  • Above Grade Finished Sq Ft: 4920
  • Above Grade Finished Area Units: Square Feet

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 Source: Listing Agent

Lot Info

  • Lot Size Acres: 0.04
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 1742.00
  • 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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List Price
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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 List to Sale Price per Sq Ft
11/01/2025 11/01/25 Price Changed $534,900 -2.7% $109 / Sq Ft
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

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