Description
401 Walnut Street,
Reading,
PA
19601
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 locationdont miss out on this exceptional investment opportunity!
This is an Active listing.
Broker Office Phone Number: 484-450-8771
Copyright © 2025Bright MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Listing By: Iron Valley Real Estate of Berks via Data Source: Bright MLS
Multi-Family Home
Property type
Reading
School District
Reading
School District
reading-sd-reading-pa
Schools
Price History
date | price | variance | type |
---|
6/30/2025 | $1,150,000 | 8.00 % | decreased |
11/24/2024 | $1,250,000 | - | Listed |
listing agent: John Gantkowski