Sean Moretti
This listing was posted on Sean Moretti (via ListedBuy).
$428,000
Reading, Berks County, PA Commercial Property, Homesites for sale Property ID:
Price:
$428,000
BR/BA:
3 BR
Location:
417 & 419 WALNUT STREET, Reading, PA
Description:
12 Unit, Zoning conforming, development opportunity near the heart of downtown Reading and just blocks from Alvernia University's College town campus on Penn St. Note: Sale projections based on the finished project. Be sure to look at the attached floor plan drawings. 12 units require 1.5 parking spaces each unit. (18 total parking spaces needed with current zoning). Gross Income estimates based on 12 units with an average income of $1,100 = $13,200 / month or $158,400 annually. Expenses unavailable as the property is vacant and has been for a few years. Market sales for average finish: 1 bedroom $900 - $1,000 2 bedroom $1,200 - $1,400 3 bedroom $1,400 - $1,600. With a premium finish, add 20% to these sales. (Drawings are very rough, not to scale fire exit plans). The exterior of the building is in good condition featuring a newer paint job, updated fire escapes recently installed rubber roof. The interior. is inside. (trying to be funny, but accurate. this is a complete re-do, a gut job. Bring your crew and make this the premier living destination in Reading)Copyright © 2023 Bright MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified. Still available at ListedBuy!
Property Type:
Commercial & Office Space for Sale
Amenities:
Parking
For sale by:
Agent/Broker
Agent Name:
Sean Moretti
Posted:
December 31 2023 on ListedBuy
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More About this Listing: Reading, Berks County, PA Commercial Property, Homesites for sale Property ID:
Reading, Berks County, PA Commercial Property, Homesites for sale Property ID: is a Three Bedroom Commercial Real Estate for Sale at 417 & 419 Walnut Street in Reading PA. Find other listings like Reading, Berks County, PA Commercial Property, Homesites for sale Property ID: and listings near 417 & 419 Walnut Street by searching Oodle Classifieds for Three Bedroom Commercial Real Estate for Sale in Reading PA.
Reading, Berks County, PA Commercial Property, Homesites for sale Property ID: is a Three Bedroom Commercial Real Estate for Sale at 417 & 419 Walnut Street in Reading PA. Find other listings like Reading, Berks County, PA Commercial Property, Homesites for sale Property ID: and listings near 417 & 419 Walnut Street by searching Oodle Classifieds for Three Bedroom Commercial Real Estate for Sale in Reading PA.