401 Walnut St Reading, PA 19601
Reading City Center NeighborhoodEstimated payment $7,701/month
Total Views
25,106
--
Bed
--
Bath
11,000
Sq Ft
$114
Price per Sq Ft
Highlights
- 0.11 Acre Lot
- Traditional Architecture
- Heating Available
About This Home
Prime Commercial Investment Opportunity in Reading CityThis is a fantastic addition to any investment portfolio! Located in the heart of Reading City, thisversatile 3-building corner property offers significant potential. The asset includes 12 residentialunits, 1 commercial space currently operating as a Bodega, and a spacious storage unit that waspreviously a Laundromat.Tenants cover electric, heat, and hot water, ensuring strong returns for the owner. The storageunit, once a Laundromat, retains its own separate water meter. The landlord is responsible forwater, 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 aprime location—don’t miss out on this exceptional investment opportunity!
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $8,604
Year Built
- Built in 1880
Parking
- On-Street Parking
Home Design
- Traditional Architecture
Interior Spaces
- 11,000 Sq Ft Home
- Basement Fills Entire Space Under The House
Utilities
- Heating Available
- Electric Water Heater
Additional Features
- 4,791 Sq Ft Lot
- Urban Location
Community Details
- 4 Units
Listing and Financial Details
- Tax Lot 3453
- Assessor Parcel Number 07-5307-74-71-3453
Map
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Home Values in the Area
Average Home Value in this Area
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 05/30/2025 05/30/25 | For Sale | $1,250,000 | 0.0% | $114 / Sq Ft |
| 05/07/2025 05/07/25 | Pending | -- | -- | -- |
| 11/25/2024 11/25/24 | For Sale | $1,250,000 | -- | $114 / Sq Ft |
Source: Bright MLS
Similar Home in Reading, PA
Source: Bright MLS
MLS Number: PABK2051414
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