USAPAReading525 Penn St
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525 Penn St, Reading, PA

Real Estate

For Sale

Listed price in listed location currency (USD).
$1,250,000

080

MLS® PABK2068944

  • Key Facts
  • Description
  • Map

Key Facts

Type Multi Family
Levels Commercial Sale
Size -
Garage No
HOA Fees 
Taxes 
Days Active 0
Approx. Age 1880
MLS® Number PABK2068944

Property Address: 525 Penn St, Reading, PA, 19601-3410

Average square foot calculated using Size range provided by listing agent.

Description

525 Penn Street in Reading City is located on the heaviest traveled block within the city. This building is situated one block off of the Berks County Court house and Santander Arena. Most outside public events throughout the year are held on the 500 block. 525 Penn St. Building has a total of 6 units, 4 units are leased, generating incoming with a cap rate over 8%. The building itself is located in the Commercial-Core, historic district of Reading. The roof has been replaced in the past two years, and each unit has its own central air/heat system, for easy utility billing. Downtown Penn St. Has recently added Alvernia University to the 400 block, and a new state of the art hospital is scheduled to be coming to the American House on the corner of the 300 block. In the past few weeks, several sections of the 400 block have been purchased and the improvement and revitalization of Penn St has accelerated. The benefits of 525 Penn St. Is that the property is turnkey and incoming generating, leaving no delay for a build out or renovation process. This property is ahead of the rest and is located among the best. All documents available to show you the analytics of success this building has to offer.
MLS® NumberPABK2068944
Locker
Ensuite LaundryNo
Balcony
Furnished
Laundry Level
Exposure
Exterior
GarageNo
Approx. Age1880
Stories5
Pets

Included in Maintenance Fee

Heat
Hydro
Water
Building Insurance
Condo Taxes
Cable TV
Central Air
Parking Maintenance

Utilities

Heat
A/C
Heating Fuel

Extras

Price History

-End Date
Not Sold YetSold Price

For Sale

Mar 4, 2026List Date
$1,250,000List Price
  • Commute

Commute

Starting Address
Destination Address
525 Penn St, Reading, PA

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