PA > Wernersville > None Available
Wernersville, PA 19565,5 E PENN AVE
Wernersville, PA 19565,5 E PENN AVE
Wernersville, PA 19565,5 E PENN AVE
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Graceann Tinney

Graceann Tinney

+1(267) 373-8244
Listed by Jimmy Thelusca • Pagoda Realty
$2,850,000
Est. payment /mo
8,000 SqFt
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UPDATED:

Key Details

Property Type Multi-Family

Sub Type Detached

Listing Status Active

Purchase Type For Sale

Square Footage 8,000 sqft

Price per Sqft $356

Subdivision None Available

MLS Listing ID PABK2046952

Style Other

Abv Grd Liv Area 8,000

Year Built 1890

Annual Tax Amount $7,335

Tax Year 2001

Lot Size 0.413 Acres

Acres 0.41

Property Sub-Type Detached

Source BRIGHT

Property Description

*** Projected Annual NOI of $430,000***Discover a rare investment opportunity with this 42-unit
historic building, in a prime, high-traffic location. Boasting 38 residential rooming units, 17 of which
having 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's
diverse 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 even
expanded living quarters, offering further potential to increase value.
This profitable property offers stable income with significant upside for the savvy investor. Additional
financials are available upon request, and all offers are welcome. Don't miss your chance to own a piece
of history with endless possibilities. Schedule your showing today!

Location

State PA

County Berks

Area Wernersville Boro (10290)

Zoning RES

Interior

Hot Water 60+ Gallon Tank, Natural Gas

Heating Baseboard - Hot Water

Cooling Window Unit(s)

Flooring Laminated, Vinyl

Heat Source Natural Gas

Exterior

Garage Spaces 36.0

Water Access N

Roof Type Rubber,Shingle

Accessibility None

Total Parking Spaces 36

Garage N

Building

Foundation Brick/Mortar

Above Ground Finished SqFt 8000

Sewer Public Sewer

Water Public

Architectural Style Other

Additional Building Above Grade

New Construction N

Schools

School District Conrad Weiser Area

Others

Tax ID 90-4366-11-57-6450

Ownership Fee Simple

SqFt Source 8000

Acceptable Financing Cash, Conventional, Other

Listing Terms Cash, Conventional, Other

Financing Cash,Conventional,Other

Special Listing Condition Standard

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Bright MLS (BMLS)

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Graceann Tinney

Graceann Tinney

Agent | RSRS344523

+1(267) 373-8244

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5 E PENN AVE

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