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5 E Penn Avenue

WERNERSVILLE, PA 19565
  • $3,100,000
  • STATUS: Active
  • ON SITE: 227 Days
  • MLS #: PABK2017776
UPDATED: 60 min ago
$3,100,000
  • 0
    BEDS
  • 0.41
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 8,000
    SQFT
  • $388
    $/SQFT
Type:
Multi-Family
Built:
1890
County:

School Ratings & Info

School District:

Description

42 Unit Historic Rooming House in Wernersville Borough, known as The Penn Werner, including 2 commercial spaces (A Cafe and a Vacant Restaurant / Bar with a full kitchen), 36 parking spaces, 2 parking lots and a Dry Cellar in the lower level. The sale also includes the property and lot across the street at 25 Stitzer Ave. Extremely desirable location. Great cash flowing, turn key investment property as the exterior, common areas and most of the units have been remodeled. Schedule your showing today!

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©2023 Bright MLS, All Rights Reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale may no longer be available because they are for instance, under contract, sold, or are no longer being offered for sale. Information is deemed reliable but is not guaranteed accurate by the MLS or Kiliszek Real Estate Experts | Keller Williams Midtown Direct. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. Data last updated: 2023-02-06T06:51:25.14.
www.mynjhomesearch.net/homes/130153656
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5 E Penn Avenue WERNERSVILLE, PA 19565

  • Price: $3,100,000
  • Status: Active
  • On Site: 227 Days
  • Updated: 60 min ago
  • MLS #: PABK2017776
0
Beds
0
Baths
0
½ Baths
0.41
Acres
8,000
SQFT
$388
$/SQFT
1890
Built
Neighborhood:
Wernersville Boro (10290)
County:
Berks
Area:
Wernersville Boro (10290)
School District:
Conrad Weiser Area
Property Description
42 Unit Historic Rooming House in Wernersville Borough, known as The Penn Werner, including 2 commercial spaces (A Cafe and a Vacant Restaurant / Bar with a full kitchen), 36 parking spaces, 2 parking lots and a Dry Cellar in the lower level. The sale also includes the property and lot across the street at 25 Stitzer Ave. Extremely desirable location. Great cash flowing, turn key investment property as the exterior, common areas and most of the units have been remodeled. Schedule your showing today!
Exterior Features

Architectural Style Other Construction Materials FrameBrick Garage YN No Other Structures Above GradeBelow Grade Parking Features Private Parking Types Parking Lot Pool No Pool Property Condition Good Riparian Rights YN No Roof RubberShingle Water Access YN No Water Oriented YN No Water View YN No Waterfront YN No

Interior Features

Above Grade Fin SQFT 8000 Below Grade Finished Area 0 Below Grade Unfinished Area 0 Cooling Window Unit(S) Fireplaces Total 0 Flooring VinylLaminatedHardwood Heating Baseboard - Hot Water Heating YN Yes Security Features Main Entrance Lock Single Room Units 41 Three Bedroom Units 0 Two Bedroom Units 0

Property Features

Acceptable Financing CashConventionalOther Accessibility Features None Assessment Year 2022 Central Air YN No Cooling Fuel None Electric 200+ Amp Service Electric Average Monthly 1200 Electric Last12 Months 14400.00 Foundation Details Brick/Mortar Gross Income 330782.40 Heating Fuel Natural Gas Hot Water 60+ Gallon TankNatural Gas Insurance Expense 12000.00 Maintenance Expense 12000.00 Municipality Wernersville Boro Navigable Water YN N Net Operating Income 254496.00 New Construction YN No Number Of Units Total 1 Operating Expense Includes Snow RemovalTrash Original MLSNumber 801674517872 Owner Pays All Utilities Ownership Interest Fee Simple Possession Immediate Property Sub Type Other Sale Type Standard Sewer Public Sewer Structure Design Type Other Tax Annual Amount 11817.00 Tax Assessment Amount 253500.00 Tax Lot 6450 Trash Expense 2160.00 Vacation Rental YN No Water Source Public Zoning Residential

Listing courtesy of Pagoda Realty: .


©2023 Bright MLS, All Rights Reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale may no longer be available because they are for instance, under contract, sold, or are no longer being offered for sale. Information is deemed reliable but is not guaranteed accurate by the MLS or Kiliszek Real Estate Experts | Keller Williams Midtown Direct. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. Data last updated: 2023-02-06T06:51:25.14.
 
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