5 E Penn Ave,WERNERSVILLE, PA 19565
WERNERSVILLE, PA 19565
Description
*** Projected Annual NOI of $430,000***Discover a rare investment opportunity with this 42-unithistoric building, in a prime, high-traffic location. Boasting 38 residential rooming units, 17 of whichhaving their own private bathrooms and 4 thriving commercial spaces.The commercial units are anchored by an open and thriving bar, a cozy cafe, a fully equipped kitchen,and a spacious restaurant/ballroom area ideal for events. In addition to a thrift shop adds to the building'sdiverse tenant mix.Included in the sale is an additional parcel just across the street, featuring a barn with its own parking lot.With zoning approval, this versatile space could be transformed into additional storage, parking, or evenexpanded living quarters, offering further potential to increase value.This profitable property offers stable income with significant upside for the savvy investor. Additionalfinancials are available upon request, and all offers are welcome. Don't miss your chance to own a pieceof history with endless possibilities. Schedule your showing today!
Details
| MLS # | PABK2046956 |
|---|---|
| Listing Type | For Sale |
| Sub-Type | Resale |
| Status | Active-bright |
| Year | 1890 |
| Days On Site | 343 |
| Listing Provided By | Pagoda Realty | Jimmy Thelusca |
Features
| Story(s) | 4 |
|---|---|
| Units | 4 |
| Zoning | RES |
| Acreage | 0.41 |
Interior
| Cooling | Window Unit(s) |
|---|---|
| Heating Yes / No | Yes |
| Heating | Baseboard - Hot Water |
Exterior
| Roof | Rubber, Shingle |
|---|---|
| Construction Materials | Brick, Frame |
| Foundation Details | Brick/Mortar |
Parking
| Garage Yes / No | No |
|---|---|
| Parking Features | Private |
Utilities
| Sewer | Public Sewer |
|---|---|
| Electric | 200+ Amp Service |
Taxes
| Tax Year | 2001 |
|---|---|
| Tax Annual Amount | 7335 |
| Tax Lot | 576450 |
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Learn More About This Property
| State | PA |
|---|---|
| County | BERKS PA |
| City | WERNERSVILLE |
| Zip Code | 19565 |
| Area | Wernersville Boro (10290) |
| Community Name | NONE AVAILABLE |
| School District | CONRAD WEISER AREA |
