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.
©2025 Bright MLS, Inc. all rights reserved.
Data last updated on 1/8/2025 at 8:20 AM UTC