401 Walnut St, READING, PA 19601

Local realty services provided by:Mountain Realty ERA Powered
401 Walnut St,READING, PA 19601
$1,150,000
  • 23 Beds
  • - Baths
  • 11,000 sq. ft.
  • Multi-family
  • Active
Listed by:john h gantkowski jr.
Office:iron valley real estate of berks
MLS#:PABK2051414
Source:BRIGHTMLS

Price summary

  • Price:$1,150,000
  • Price per sq. ft.:$104.55

About this home

Prime Commercial Investment Opportunity in Reading City This is a fantastic addition to any investment portfolio! Located in the heart of Reading City, this versatile 3-building corner property offers significant potential. The asset includes 12 residential units, 1 commercial space currently operating as a Bodega, and a spacious storage unit that was previously a Laundromat. Tenants cover electric, heat, and hot water, ensuring strong returns for the owner. The storage unit, once a Laundromat, retains its own separate water meter. The landlord is responsible for water, sewer, property taxes, and trash removal. While the property requires some TLC, it offers great upside potential for the right investor. Showings are available to qualified buyers only, ensuring a smooth and efficient transaction. This property presents a rare combination of residential, commercial, and storage spaces in a prime location—don’t miss out on this exceptional investment opportunity!

Contact an agent

contact an agent

Yes, I would like more information from ERA®. Please use and/or share my information with an ERA affiliated agent to contact me about my real estate needs. By clicking Send message, I agree an ERA affiliated agent may contact me by phone or text message including by automated means about real estate services, and that I can access real estate services without providing my phone number. I acknowledge that I have read and agree to theTerms of useandPrivacy notice

Home facts

  • Year built:1880
  • Listing Id #:PABK2051414
  • Added:262 day(s) ago
  • Updated:August 14, 2025 at 01:30 PM

Rooms and interior

  • Bedrooms:23
  • Living area:11,000 sq. ft.

Heating and cooling

  • Heating:Natural Gas

Structure and exterior

  • Year built:1880
  • Building area:11,000 sq. ft.
  • Lot area:0.11 Acres

Utilities

  • Water:Public
  • Sewer:Public Sewer

Finances and disclosures

  • Price:$1,150,000
  • Price per sq. ft.:$104.55
  • Tax amount:$8,604 (2025)