Wernersville, PA 19565 5 E Penn Avenue

5 E Penn Avenue Wernersville, PA - Image 15 E Penn Avenue Wernersville, PA - Image 25 E Penn Avenue Wernersville, PA - Image 3
33 more
5 E Penn Avenue Wernersville, PA - Image 45 E Penn Avenue Wernersville, PA - Image 55 E Penn Avenue Wernersville, PA - Image 65 E Penn Avenue Wernersville, PA - Image 75 E Penn Avenue Wernersville, PA - Image 85 E Penn Avenue Wernersville, PA - Image 95 E Penn Avenue Wernersville, PA - Image 105 E Penn Avenue Wernersville, PA - Image 115 E Penn Avenue Wernersville, PA - Image 125 E Penn Avenue Wernersville, PA - Image 135 E Penn Avenue Wernersville, PA - Image 145 E Penn Avenue Wernersville, PA - Image 155 E Penn Avenue Wernersville, PA - Image 165 E Penn Avenue Wernersville, PA - Image 175 E Penn Avenue Wernersville, PA - Image 185 E Penn Avenue Wernersville, PA - Image 195 E Penn Avenue Wernersville, PA - Image 205 E Penn Avenue Wernersville, PA - Image 215 E Penn Avenue Wernersville, PA - Image 225 E Penn Avenue Wernersville, PA - Image 235 E Penn Avenue Wernersville, PA - Image 245 E Penn Avenue Wernersville, PA - Image 255 E Penn Avenue Wernersville, PA - Image 265 E Penn Avenue Wernersville, PA - Image 275 E Penn Avenue Wernersville, PA - Image 285 E Penn Avenue Wernersville, PA - Image 295 E Penn Avenue Wernersville, PA - Image 305 E Penn Avenue Wernersville, PA - Image 315 E Penn Avenue Wernersville, PA - Image 325 E Penn Avenue Wernersville, PA - Image 335 E Penn Avenue Wernersville, PA - Image 345 E Penn Avenue Wernersville, PA - Image 355 E Penn Avenue Wernersville, PA - Image 365 E Penn Avenue Wernersville, PA - Image 37
Presented By: Pagoda Realty
  • MLS# PABK2046952
  • 08/12/2024
  • Request Tour
  • Request Info

Home Details

*** 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!
Presented By: Pagoda Realty

Interior Features for 5 E Penn Avenue

Bedrooms

Three Bedroom Units Count

Other Interior Features

LivingAreaSourceEstimated
Central Air Y/NNo
FlooringLaminated, Vinyl
Heating FuelNatural Gas
Heating Y/NYes
Hot Water60+ Gallon Tank, Natural Gas
Total Stories4

General for 5 E Penn Avenue

Acceptable FinancingCash, Conventional, Other
AccessibilityNone
Architectural StyleOther
CityWERNERSVILLE
Construction MaterialsBrick, Frame
Cool FuelNone
CoolingWindow Unit(s)
CountyBERKS
DirectionsPenn Ave west to Wernersville, property on right
Electric200+ Amp Service
Garage Y/NNo
HeatingBaseboard - Hot Water
Location TypeSuburban
Lot Size Square Feet18000.00
Lot Size UnitsSquare Feet
MLS AreaWernersville Boro (10290)
ModificationTimestamp2025-01-08T01:29:26
MunicipalityWERNERSVILLE BORO
New ConstructionNo
Number Of Units Total4
One Bedroom Units Count
Other StructuresAbove Grade
OwnershipFee Simple
PossessionImmediate
Price Per Sq Ft Total AG356.25
Property ConditionGood
Property SubtypeOther
Property TypeMulti-Family
RoofRubber, Shingle
School DistrictCONRAD WEISER AREA
SewerPublic Sewer
Single Room Units Count0
Standard StatusActive
StatusACTIVE
Structure TypeDetached
Subdivision NameNONE AVAILABLE
Tax Annual Amount7335.0
Tax Assessed Value253500.0
Tax Lot576450
Tax Year2001
Total SQFT8000
Two Bedroom0
Vacation Rental Y/NNo
Water Access Y/NNo
Waterfront Y/NNo
Year Built1890
Year Built SourceEstimated
ZoningRES

Exterior for 5 E Penn Avenue

Foundation DetailsBrick/Mortar
Land Assessed Value56000.00
Land Use Code4221
Lot Size Acres0.41
Lot Size SourceEstimated
Navigable Water Y/NNo
Parking FeaturesPrivate
Parking Lot - # of Spaces36
PoolNo Pool
Total Parking Spaces36
Type of ParkingParking Lot
Water Oriented Y/NNo
Water SourcePublic
Water View Y/NNo

Additional Details

Price History

Rachel Shepherd

Price $2,850,000
MLS#PABK2046952
List Date 08/12/2024
Property Type Multi-Family
Phone 703.929.4729
Request Tour
Request Info
Visit My Website

Similar Properties to 5 E Penn Avenue

Skip to content