About 1049 Penn St
Prime multi-unit property with high-visibility and corner Location facing City Park. An exceptional opportunity to own a 4-unit mixed-use property in a prime, high-traffic location. This impressive building features one spacious unit per floor, including 1 ground-floor commercial space and 3 large residential apartments, each offering unique charm and character. It features a premium location situated on a high-visibility corner directly across from a park, offering scenic park and city views. Excellent accessibility with easy access to public transportation and foot traffic, ideal for both residential and commercial use. The units are well-maintained with high ceilings, hardwood floors, and abundant natural light. The architectural character amazes with beautiful original architectural features and rear sun porches add elegance and light to each apartment. The long-term commercial tenant, ensures stable income. A versatility for investors seeking strong rental income or owner-occupants looking to live and invest in a vibrant area. This is a rare chance to acquire a corner detached property with high curb appeal and excellent growth potential. Don't miss out on this standout asset in a sought-after neighborhood.
Features of 1049 Penn St
MLS® # | PABK2061466 |
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Price | $950,000 |
Bathrooms | 0.00 |
Square Footage | 6,500 |
Acres | 0.06 |
Year Built | 1900 |
Type | Multi-Family |
Sub-Type | Quad, Detached |
Style | Traditional |
Status | Active |
Community Information
Address | 1049 Penn St |
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Area | Reading City (10201) |
City | READING |
County | BERKS-PA |
State | PA |
Municipality | READING CITY |
Zip Code | 19601 |
Amenities
Is Waterfront | No |
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Interior
Heating | Hot Water |
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Cooling | None |
Has Basement | Yes |
Basement | Partially Finished |
Fireplace | No |
Exterior
Exterior | Brick and Siding, Stone |
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Foundation | Stone |
School Information
District | READING |
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Additional Information
Date Listed | August 15th, 2025 |
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Days on Market | 62 |
Zoning | MIX USE R-3 |
Foreclosure | No |
Short Sale | No |
RE / Bank Owned | No |
Listing Details
Office | Keller Williams Platinum Realty - Wyomissing |
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Contact Info | 6108981441 |