Listed By:
Pagoda Realty
Address
5 E Penn Avenue, Wernersville, PA
Price
$ 2,900,000
Property Attributes
  • MLS#PABK2017776
  • TypeMulti-Family
  • CountyBERKS
  • CityWernersville
  • AreaWernersville Boro
  • Zip19565
  • Style
  • Year Built1890
  • Taxes$ 11817
  • Price$ 2,900,000
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Lot Size0.41 Acres
Data Source:
Bright MLS
Property Description

42 Unit Historic Rooming House in Wernersville Borough, known as The Penn Werner, including 2 commercial spaces (A Cafe and a Vacant Restaurant / Bar with a full kitchen), 36 parking spaces, 2 parking lots and a Dry Cellar in the lower level. The sale also includes the property and lot across the street at 25 Stitzer Ave. Extremely desirable location. Great cash flowing, turn key investment property as the exterior, common areas and most of the units have been remodeled. Also a package of 5 Berks County Laundromats available for sale individually or in a package deal. Please reach out for additional details. Schedule you're showing today! All Offers are Welcomed!

Price History
6/23/2022 Listed $3,200,000
9/28/2022 4% - $3,100,000
7/7/2023 5% - $2,950,000
10/9/2023 2% - $2,900,000

General Features

Sewer Public Sewer
Heating Baseboard - Hot Water
Cooling Window Unit(s)
Possession Immediate
Roof Rubber,Shingle
Zoning RESIDENTIAL
Pool Y/N No Pool
Architectural Style Other
Security Features Main Entrance Lock
Construction Materials Frame,Brick
School District CONRAD WEISER AREA
Year Built 1890
Electric 200+ Amp Service
Property SubType Other
Tax Year 2023
Percent Ownership Fee Simple
Cool Fuel None
Accessibility None
County BERKS
New Construction No
Property Type Multi-Family
Garage Y/N No
Water Access Y/N No
Other Structures Above Grade,Below Grade
Total Units 1
MLS Area Wernersville Boro (10290)
Lot Size Square Feet 18000.00
Waterfront Y/N No
Tax Annual Amount 11817.0
Property Condition Good
Trash Expense 2160.00
Structure Type Other
Single Room Units Count 41
Price Per Sq Ft 362.5
Acceptable Financing Cash,Conventional,Other
Avg. Electric Per Month 1200.0
Vacation Rental Y/N No
Days on Market 581
Tax Lot 6450
School District 300200397419

Interior Features

Heating Fuel Natural Gas
Flooring Vinyl,Laminated,Hardwood
Hot Water 60+ Gallon Tank,Natural Gas
Heating Y/N Yes
Central Air Y/N No

Exterior Features

Parking Features Private
Water Source Public
Total Parking Spaces 36
Type of Parking Parking Lot
Foundation Details Brick/Mortar
Water View Y/N No
Lot Dimensions 0.00 x 0.00
Lot Size Acres 0.41
Lot Size Source Estimated
Navigable Water Y/N No
Water Oriented Y/N No
Parking Lot - # of Spaces 36

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Multi-Family Average in 19565

Price
AVG $2.9M
$2.9M
Taxes
AVG $11,817
$11,817
Visits
AVG 532
534
Data Provided by Inside Real Estate®
Year Built
AVG 1890
1890
Walkscore
AVG 59
59
Data Provided by Walkscore® not using MLS data

Looking for a more comfortable experience?

Download our mobile app for a personalized browsing experience.

Areas We Cover