$ 2,850,000
-
$2,850,000
Price -
0
Bed - Bath
-
8,000
SqFt
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About the Listing PAGODA - 3164025
*** 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!
Listing Highlights for 5 E Penn Ave
Status
Active
Days on Site
393
Property Type
Multi-Family
MLS ®
PABK2046952
Year Built
1890
Total Square Footage
8,000
Lot/Acreage
0.41
Interior Details
- Bedrooms: 0
- Bathrooms: Full
- Appliances:
- Air Cond: Window Unit(s)
- Heating: Baseboard - Hot Water
- Fireplaces:
- Floor: Laminated,Vinyl
- Above Ground Sq Ft: 8000
- Below Ground Sq Ft: n/a
- Basement:
- Other:
- Water: Public
Exterior Details
- Lot Description: Not New Construction,Horse Property: No
- Garage Capacity: N/A
- Parking Spaces: 36
- Zoning: RES
- Roof: Rubber,Shingle
- Others: Good
- Sewer: Public Sewer
- Parking Features: Private,Parking Lot,4+ Spaces,3+ Spaces,2+ Spaces,1+ Spaces
Financial Details
- Tax Amount: $7,335
- Taxes w/Assessments: N/A
- Tax/Property ID: N/A
- Tax Year: 2001
Payment Calculator
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Listing Location
Questions About..
5 E Penn Ave Wernersville, PA 19565
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