request_info_guest false

5 E Penn Ave

$2,850,000

5 E Penn Ave, Wernersville, Pa 19565

Active
Last Updated: 02/12/2025

430,000

NOI

8,000 sqft

Building Size

Details:
NOI:    $430,000
Building Size:    8,000 sqft
Year Built:    1890
Price Per Sqft:    $356.25
Zoning:    RES
Roof:    Rubber, Shingle
Highlights:
  • Days on Market: 185
  • Parking Features: Private
  • Heating: Baseboard - Hot Water
Description:

*** 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 piece
of history with endless possibilities. Schedule your showing today!

Map:
Location
Gallery