446-448 PENN AVE

Sold 4/25/2016
Multi-Family Home

5,000 plus Sq. Ft. Commercial Property Centrally located in the West Reading Business District. Currently occupied as mixed use with cafe/Restaurant on the main level. Beautifully maintained & decorated. Current lease is well below market value at $1600/mo. space of this size along the Penn Ave. strip could be rented between $2200-$2500/mo. The 2nd & 3rd fls. are residential unites also currently leased at well below market value. The 2 BR Apt. could easily rent for $800/mo., while market value on the 3 BR should range between $1200-$1300/mo. both apts are meticulously maintained. Each unit has separately meter heating & Central Air systems, utilities paid by tenants. Large, easily accessible parking lot in rear & Laundry Room. In 3rd Apt are some of the features that nicely finish this property. An Absolute Must See Property !!!

Property Details
  • Wyomissing
    school district
  • $5,268.00
  • 1933
  • 3
  • 6459790
Central air
Natural gas heat
High school: WYOMISSING
School district: Wyomissing
4+ car garage
On street parking
Brick exterior
Lot acreage is: 0.13
Lot dimension is: .
Lot zoned: MULTI
Public sewer
Public water
Units in building(s): 3
Property style: 1
Tax year: 2016
Bedrooms in unit #2: 3
Bedrooms in unit #3: 2
Baths in unit #1: 2
Baths in unit #2: 1
Baths in unit #3: 1
Courtesy of:
Pagoda Realty & Property Management

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Name Type GreatSchools
West Reading El Center Elementary School / Public 9 0.17 mi.
Wyomissing Hills El Center Elementary School / Public 7 1.63 mi.
Wyomissing Area Junior-Senior High School Middle School, High School / Public 8 1.42 mi.
Lauers Park El School * Pre-School, Elementary School / Public 2 0.81 mi.
New Story School * Elementary School, Middle School, High School / Private N/A 0.73 mi.
Sacred Heart School * Elementary School, Middle School / Private N/A 0.28 mi.
Address Distance Sale date Sale price
446-448 PENN AVE 0 mi. 4/25/2016 $365,000
934 ROSE ST 1.34 mi. 11/20/2017 $452,000
4877 KUTZTOWN RD 5.26 mi. 4/14/2016 $360,000
5370 OLEY TURNPIKE RD 6.73 mi. 3/31/2016 $385,000
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{"markerType": "Sold", "lat": "40.40859", "lng": "-75.9199", "Address": "4877 KUTZTOWN RD", "City": "TEMPLE", "StateProv": "PA", "ZipCode": "19560"}
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446-448 PENN Avenue, WEST READING, PA 19611 multi-family home was sold for $365,000.
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Data last updated: 2/21/2018.
School ratings are supplied by GreatSchools. School attendance zone boundaries are supplied by Maponics. Both are subject to change.

* indicates a school is in close proximity to this home, but this home is not guaranteed to fall within the school's attendance zone boundaries. Check with the applicable school district prior to making a decision based on these boundaries.