5 E Penn Ave, WERNERSVILLE, PA 19565

Local realty services provided by:ERA Reed Realty, Inc.
#1#2#3
5 E Penn Ave,WERNERSVILLE, PA 19565
$2,850,000
  • - Beds
  • - Baths
  • 8,000 sq. ft.
  • Multi-family
  • Active
Listed by:jimmy thelusca
Office:pagoda realty
MLS#:PABK2046952
Source:BRIGHTMLS

Price summary

  • Price:$2,850,000
  • Price per sq. ft.:$356.25

About this home

*** 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

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Home facts

  • Year built:1890
  • Listing Id #:PABK2046952
  • Added:367 day(s) ago
  • Updated:August 14, 2025 at 01:30 PM

Rooms and interior

  • Living area:8,000 sq. ft.

Heating and cooling

  • Cooling:Window Unit(s)
  • Heating:Baseboard - Hot Water, Natural Gas

Structure and exterior

  • Roof:Rubber, Shingle
  • Year built:1890
  • Building area:8,000 sq. ft.
  • Lot area:0.41 Acres

Utilities

  • Water:Public
  • Sewer:Public Sewer

Finances and disclosures

  • Price:$2,850,000
  • Price per sq. ft.:$356.25
  • Tax amount:$7,335 (2001)

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