304-306 Penn Avenue

Reading, PA
$ 499,777 Beds 0 Baths 0 Sq 5,000
Monthly Estimate* How much can I afford?

Charming Wyomissing Schools, West Reading corridor 7 unit with excellent cash flow. This property includes 304 and 306 Penn Ave and has a large private parking lot. 5 residential units and one commercial unit that would be ideal for a multitude of uses. Property is turn key with minimal effort. Currently 3 units are rented to long term tenants. Walking distance to all that Penn Avenue has to offer with restaurants, shops, bars, parks, the pool, the Reading Hospital, Wyomissing Middle school, and much more. A rare find in Wyomissing School district, the units are spacious, and have many upscale touches. Schedule today, an opportunity like this rarely comes around in this area.

Pending

  • Price
  • $ 499,777
  • Lot Size
  • 3,920 SqFt
  • Bedrooms
  • 0
  • Sqr Footage
  • 5,000
  • Full Bathrooms
  • 0
  • Year Built
  • 1914
  • Half Bathrooms
  • 0
  • City, Zip
  • Reading
  • Taxes
  • 6009
  • County
  • BERKS
  • Style
  • General Retail,Hair Salon and Spa,Apartment Buil
  • Area
  • West Reading Boro
  • MLS#
  • PABK364982
  • Zip
  • 19611
Listing Provided by: RE/MAX Of Reading

Features

General

Acceptable Financing Cash, Conventional
Accessibility None
Business Type Other, Other/General Retail, Hair Salon and Spa, Apartment Building
Construction Materials Brick
Cool Fuel Electric
Cooling Window Unit(s)
County BERKS
Electric 200+ Amp Service
Heating Forced Air, Baseboard - Hot Water
MLS Area West Reading Boro (10293)
New Construction No
Ownership Fee Simple
Possession Immediate
Price Per Sq Ft 99.96
Property SubType Five Or More Units
Property Type Commercial Sale
Property Use Investment
Real Estate Owned Y/N No
Sewer Public Sewer
Tax Year 2020
Total Units 7
Trash Expense 500.00
Utilities Cable TV
Vacation Rental Y/N No
Water Access Y/N No
Zoning 4126 MIX: 3+ STY, CONVER

Interior Features

Central Air Y/N No
Heating Fuel Natural Gas
Heating Y/N Yes
Hot Water Natural Gas
Total Restrooms 6

Exterior Features

Building Area Total 5000.00
Car Parking Spaces 10
Fencing Y/n No
Lot Dimensions 0.00 x 0.00
Lot Size Acres 0.09
Lot Size Source Assessor
Lot Size Square Feet 3920.00
Navigable Water Y/N No
Total Parking Spaces 10
Type of Parking Parking Lot
Water Oriented Y/N No
Water Source Public
Water View Y/N No
Waterfront Y/N No

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Master On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Affordability Calculator

$3,068

Per Month

Based on the average sale price from the Fredicksburg, Virginia office

  • Monthly Principal & interest $1,939
  • Monthly Property Taxes $1,062
  • Monthly Home Insurance $67
Adjust Payment Options
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Let's determine your purchasing power. Working with my mortgage partner, you'll have the information you need to shop for a home with confidence.

Default based on a 30-year fixed rate of 4.38% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA, or jumbo loans.

Schools

Elementary School Unknown Elementary School
Middle School Unknown Middle School
High School Unknown High School

Price History

10/2/2020 Listed $499,777

Property vs Zip Code Average in 19611

Price
AVG $150K
$500K
Taxes
AVG $3,305
$6,009
Visits
AVG 22
1
Year Built
AVG 1937
1914

Map

304-306 Penn Avenue Reading, PA is a Single Family Home for sale at $499777 with 5000 sqft and a lot size of 3,920 SqFt Acre(s). 304-306 Penn Avenue Reading has 0 bedrooms, 0 baths and was built in 1914. The property's zip code is 19611 which is in Reading, PA

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 4.38% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

All information deemed reliable, but not guaranteed, and should be independently verified. The real estate information and related content displayed on this site is provided 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.