Active

5 E Penn Ave

Wernersville PA, 19565

$2,850,000


$356.25 per sqft

Active

8,000 sqft

Residential

Built in 1890

*** 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!

PABK2046952

MLS ID

August 12, 2024

Listed

January 8, 2025

Updated

Map

5 E Penn Ave
Wernersville PA, 19565

Interior Features

Total Stories

4


Interior Features

Laminate, Vinyl


Floor Description

Laminate, Vinyl


Fireplace

No


Cooling

Yes


Cooling Description

Window Unit(s)


Heating

Yes


Heating Description

Baseboard, Hot Water, Natural Gas

Exterior/Building Features

Lot Size

0.41 Acres


Architectual Style

Other


Roof

Rubber, Shingle


Sewer

Public Sewer

School Information

School District

CONRAD WEISER AREA

Other Property Details

Area Name

WERNERSVILLE BORO


Taxes

$7,335


Tax Frequency

Annually


Days on Market

150


Garage

No


Parking Total

36


View

No


County

BERKS


Water Source

Public


Pool

No

Listed by Pagoda Realty
Listing Contact: 6109857700 

The IDX display contains information sourced from the Bright MLS, Inc. as of 1/8/2025. This data is intended solely for personal, non-commercial use and is not to be utilized for any other purposes except to identify potential properties for purchase. Although the MLS data displayed is typically considered reliable, it is not guaranteed to be accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and are advised to conduct their own investigations or seek professional assistance. Other sources besides the Listing Agent may have contributed to the MLS data presented. Unless expressly specified in writing, the Broker/Agent has not confirmed any information obtained from external sources. The Broker/Agent may or may not have acted as the Listing and/or Selling Agent and cannot guarantee the accuracy of property locations displayed on any map. Any compensation offers are solely made to participants of the MLS where the listing is registered.

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Data last updated on 1/8/2025 at 8:20 AM UTC

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