409 WALNUT STREET

READING, PA 19601
Square Ft.
10,350
$895,000
Now offered at $895,000, Walnut St Commons presents an exceptional opportunity to acquire a stabilized 9-unit multifamily investment in the heart of Reading, Pennsylvania. Following a strategic price adjustment, the property now delivers one of the most compelling combinations of cash flow, operational efficiency, and value currently available in theRead MoreRead Less
Courtesy of Frank J Renaldi, The Real Estate Firm & Property Management 484-542-6568
Listing Snapshot
Days Online
3
Last Updated
Property Type
Commercial
Square Ft.
10,350
Lot Size
0.1 Acres
Year Built
1890
MLS Number
PABK2078342
Property Location Map
Additional Details
Building
Built in 1890, 3 stories, Construction Materials: Brick
Cooling
None
Accessibility Features
2+ Access Exits
Expenses
Electric: $1,000, Insurance: $4,972, Maintenance: $3,405, Operating: $30,671, Trash: $720, Other Expense: $7,200
Heating
Baseboard - Electric
Income
Gross ScheduledIncome: $109,200, Net Operating Income: $78,529, Apartment Rentals, Laundry
Lot
0.1 acres, Dimensions: IRREGULAR
Owner Pays
Insurance, Lawn/Shrub Care, Management, Repairs, Sewer, Snow Removal, Taxes - Real Estate, Trash Collection, Water
Property
Good
Security Features
Surveillance Sys
Sewer
Public Sewer
Taxes
Annual Amount: $2,689, Lot: 4427, Year: 2005, Zoning: COMM
Utilities
Water Source: Public, 100 Amp Service
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Eric Leadbetter
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