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USAPAWernersvilleNone Available5 E Penn Ave
5 E Penn Ave, Home with 0 bedrooms, 0 bathrooms and null parking in WERNERSVILLE PA | Image 1
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$2,850,000

5 E Penn Ave, Wernersville, PA

Real Estate

For Sale

$--,---,---
000
  • Key Facts
  • Description
  • Map

Key Facts

Type Other
Levels Residential Income
Size 8000 sqft
Garage No
Maintenance Fees 
Taxes $7,335
Days Active 308
Approx. Age 1890
Avg. Price Per Sqft $356
MLS® Number PABK2046952

Property Address: 

Average square foot calculated using Size range provided by listing agent.

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!Show Description
MLS® NumberPABK2046952
Locker
Ensuite LaundryNo
Balcony
Furnished
Laundry Level
Exposure
Exterior
GarageNo
Approx. Age1890
Stories4
Pets
Corp Number

Included in Maintenance Fee

Heat
Hydro
Water
Building Insurance
Condo Taxes
Cable TV
Central Air
Parking Maintenance

Utilities

HeatBaseboard - Hot Water, Natural Gas
A/CWindow Unit(s)
Heating Fuel

Extras

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