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.
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
Owner options
What's special
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