Property
Beds
None
Full Baths
None
1/2 Baths
None
Year Built
1890
Sq.Footage
8,000
*** 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!
Features & Amenities
Interior
-
Total Bedrooms
N/A
-
Bathrooms
N/A
-
Above Grade Finished Area
8000.0
-
Cooling YN
YES
-
Cooling
Window Unit(s)
-
Heating YN
YES
-
Heating
Natural Gas, Baseboard
Exterior
-
Garage
No
-
Construction Materials
Brick, Frame
-
Parking
Private, Parking Lot
-
Pool
Yes
-
Pool Features
None
-
Waterfront YN
NO
Area & Lot
-
Lot Size(acres)
0.41
-
Property Type
Residential Income
-
Property Sub Type
Multi Family
-
Architectural Style
Other
Price
-
Sales Price
$2,850,000
-
Tax Amount
7335.0
-
Sq. Footage
8, 000
-
Price/SqFt
$356
HOA
-
Association
No
School District
-
Elementary School
N/A
-
Middle School
N/A
-
High School
N/A
Property Features
-
Stories
4
-
Foundation Details
Brick/Mortar
-
Sewer
Public Sewer
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Location
County
BERKS
Elementary School
Middle School
High School
Listing Courtesy of Jimmy Thelusca , Pagoda Realty
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Owner, President, Investment Property Advisor
TheresaKehler
Call Theresa today to schedule a private showing.
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