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Off market
  • $261,900

    1008 Penn St, Reading, PA 19602

    --beds
    0baths
    3,123sqft
    MultiFamily
    Built in 1900
    -- sqft lot
    $261,900 Zestimate®
    $84/sqft
    $1,125 Estimated rent

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    $1,125/mo

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    $1,125/mo

    Rent Zestimate®

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    $1,681/mo

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    $1,681/mo

    Est. payment

    What's special

    Opportunity awaits on the last block of Penn St before City Park in the Penn's Common Historic District. This 2-unit has tremendous potential for an investor or entrepreneur with vision. Both units are vacant and waiting for new tenants. The store on the main level will need remodeling, but the right business will be able to use the existing custom built-in fixtures. Storage space and a half bath along with access to the basement is in the backroom area of the store. The apartment upstairs has a huge living room, full bath, nice kitchen and large bedroom with balcony on the second floor. The third floor has 2 nice-sized rooms that could be converted into bedrooms with the appropriate city approval. All buyers should do their due diligence regarding zoning and commercial uses of the first level and how many bedrooms are allowed in the upstairs apartment. The apartment was last approved and rented as a 1-bedroom apartment in early 2020.

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bathrooms: 0
    Features
    • Basement: Partially finished
    Interior area
    • Total interior livable area: 3,123 sqft

    Property

    Features
    • Exterior features: Brick
    Lot
    • Size: 1,742 sqft
    Details
    • Parcel number: 03531777006171

    Construction

    Type & style
    • Home type: MultiFamily
    Condition
    • Year built: 1900

    Community & neighborhood

    Location
    • Region: Reading
    Sell for more on Zillow
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    $261,900
    2% more+$5,238
    With Zillow Showcase(estimated)$267,138