Excellent opportunity to acquire a well-maintained mixed-use property in the city offering immediate cash flow and future upside. The building consists of a vacant commercial storefront, 7 occupied residential units, and an additional apartment already in progress, providing a unique value-add component for the next owner to make it a… Read More potential 9 units. The residential units include six 1-bedroom apartments and one 2-bedroom apartment, all of which have seen updates completed throughout the life of ownership. The property spans over a massive amount of square feet and has been thoughtfully managed to maximize functionality and income potential. An additional apartment was being constructed behind the commercial storefront, featuring its own private access from the side alley. The side alley also provides separate access to the 2-bedroom unit, enhancing privacy, layout efficiency, and overall usability of the property. This asset is ideal for investors seeking stable income, owner-operators looking to utilize the commercial space, or buyers interested in completing the additional unit to increase future returns. Multiple access points, mixed-use versatility, and expansion potential make this property a strong addition to any portfolio. 24 hour notice required, schedule your showing today! Read Less
Courtesy of Veronica Palmer, Iron Valley Real Estate of Berks 484-450-8771
Listing Snapshot
Days Online
39
Last Updated
Property Type
Mixed Use
Square Ft.
3,000
Lot Size
0.05 Acres
Year Built
1900
MLS Number
PABK2067450
Additional Details
Building
Built in 1900, 4 stories, Entry level: 1, Construction Materials: Combination, Mixed
Cooling
None
Accessibility Features
2+ Access Exits
Floors
Tile/Brick
Heating
Baseboard - Electric
Income
Apartment Rentals
Lot
0.05 acres
Owner Pays
Sewer, Water, Trash Collection, Taxes - Real Estate
Property
Average, City
Roof
Rubber
Sewer
Public Sewer
Taxes
Annual Amount: $2,227, Lot: 4574, Year: 2025, Zoning: MIX USE, Zoning description: 7 residential units and 1 Commercial
Utilities
Water Source: Public
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