5 E Penn Ave, Wernersville, PA 19565
Local realty services provided by:Better Homes and Gardens Real Estate Valley Partners
5 E Penn Ave,Wernersville, PA 19565
$2,850,000
- - Beds
- - Baths
- 8,000 sq. ft.
- Multi-family
- Active
Listed by: jimmy thelusca
Office: pagoda realty
MLS#:PABK2046952
Source:BRIGHTMLS
Price summary
- Price:$2,850,000
- Price per sq. ft.:$356.25
About this home
*** 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!
Contact an agent
Home facts
- Year built:1890
- Listing ID #:PABK2046952
- Added:504 day(s) ago
- Updated:December 29, 2025 at 02:34 PM
Rooms and interior
- Living area:8,000 sq. ft.
Heating and cooling
- Cooling:Window Unit(s)
- Heating:Baseboard - Hot Water, Natural Gas
Structure and exterior
- Roof:Rubber, Shingle
- Year built:1890
- Building area:8,000 sq. ft.
- Lot area:0.41 Acres
Utilities
- Water:Public
- Sewer:Public Sewer
Finances and disclosures
- Price:$2,850,000
- Price per sq. ft.:$356.25
- Tax amount:$7,335 (2001)
New listings near 5 E Penn Ave
$279,900Pending4 beds 2 baths2,341 sq. ft.551 Christopher Dr, WERNERSVILLE, PA 19565
MLS# PABK2066102Listed by: PAGODA REALTY
$134,900Active3 beds 2 baths1,216 sq. ft.260 Wooltown Rd #lot 7, WERNERSVILLE, PA 19565
MLS# PABK2066152Listed by: REALTY ONE GROUP UNLIMITED
$284,900Active3 beds 2 baths1,539 sq. ft.32 W Penn Ave, WERNERSVILLE, PA 19565
MLS# PABK2066154Listed by: CENTURY 21 GOLD
$250,000Pending4 beds 1 baths1,172 sq. ft.228 E Gaul St, WERNERSVILLE, PA 19565
MLS# PABK2066006Listed by: RE/MAX OF READING
$304,900Active4 beds 2 baths1,640 sq. ft.72 Mountain Blvd, WERNERSVILLE, PA 19565
MLS# PABK2065992Listed by: COLDWELL BANKER REALTY
$210,000Active3 beds 1 baths1,060 sq. ft.144 W Gaul St, WERNERSVILLE, PA 19565
MLS# PABK2065598Listed by: IRON VALLEY REAL ESTATE OF BERKS
$159,900Active2 beds 1 baths1,073 sq. ft.709 Hill Rd #7, WERNERSVILLE, PA 19565
MLS# PABK2064934Listed by: PAGODA REALTY
$799,900Pending5 beds 5 baths5,922 sq. ft.996 Baywood Ave, WERNERSVILLE, PA 19565
MLS# PABK2064286Listed by: PAGODA REALTY
$750,000Pending3 beds 3 baths3,496 sq. ft.66 Preston Rd, WERNERSVILLE, PA 19565
MLS# PABK2062926Listed by: RE/MAX OF READING
$719,990Active17.53 AcresCushion Peak Rd, WERNERSVILLE, PA 19565
MLS# PABK2060854Listed by: KELLER WILLIAMS PLATINUM REALTY - WYOMISSING