$185,000
$215,000
14.0%For more information regarding the value of a property, please contact us for a free consultation.
510 PENN AVE West Reading, PA 19611
2,614 Sqft Lot
Key Details
Sold Price $185,000
Property Type Commercial
Listing Status Sold
Purchase Type For Sale
Subdivision None Available
MLS Listing ID 1003328553
Sold Date 10/31/16
HOA Y/N N
Originating Board TREND
Year Built 1910
Annual Tax Amount $5,968
Tax Year 2016
Lot Size 2,614 Sqft
Acres 0.06
Lot Dimensions 15' X 150'
Property Description
Well maintained and up-to-code mixed-use investment or owner occupied property. "Buttonwood Blooms" is the retail storefront with lovely curb-appeal. Above is a 2-story residential unit. Each unit has their own private entrance. Long term tenant in upper unit has month to month lease (no security deposit). Residential space is a 2BR/1BA unit with private bedrooms on 3rd floor. On residential main level is a full bath with shower. There is a modern kitchen, living room and another storage room. On street-level is a well established retail flower boutique with month to month lease (security deposit held). (Potential off street parking in rear - currently rented by retail tenant.) Retail space includes front of store and back storage/prep area w/powder room. Exterior of building has been improved thanks to the hail storm. Property has new rubber roof. Tenants pays their own electric/phone/cable-internet and partial monthly cost for water/sewer/trash. Landlord pays oil heating and $100 of the monthly cost for water/sewer/trash. (2) 100-amp electric service. (1) domestic hot water heater serves both units. Excellent visibility on high traffic Penn Ave makes this an opportunity for many business uses.
Location
State PA
County Berks
Area West Reading Boro (10293)
Zoning CB
Rooms
Other Rooms Primary Bedroom
Interior
Hot Water Electric
Flooring Carpet, Vinyl
Fireplace N
Heat Source Oil, Other
Exterior
Utilities Available Water Available, Sewer Available, Electric Available, Phone, Above Ground
Waterfront N
Water Access N
Roof Type Flat,Pitched,Rubber
Road Frontage Boro/Township
Parking Type On Street
Garage N
Building
Building Description Other,Block Walls, Private Restrooms,Auto Bay,Display Window,Fire Alarm,Fire Escape,Kitchen,Overhead Door,Refrigerator(s),Security System
Foundation Concrete Perimeter, Brick/Mortar
Sewer Public Sewer
Water Public
Structure Type Other,Block Walls
New Construction N
Schools
School District Wyomissing Area
Others
Tax ID 93-5307-17-20-1191
Ownership Fee Simple
Acceptable Financing Conventional
Listing Terms Conventional
Financing Conventional
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Bought with Sandra T Matz • RE/MAX Of Reading