417 Walnut St, Reading, PA 19601

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List Price
$349,900
Price Change
▼ $15,100 1789340962
Status
ACTIVE
MLS#
PABK2068316
Lot Size (Acres)
0.12
Year Built
1920
County
Berks
School District
Reading

Property Description

Positioned in the heart of Downtown Reading, this rare multi-building opportunity offers investors the potential to develop 12–14 apartment units in a rapidly evolving corridor. Previously utilized as a Drug Addiction Parole & Probation Treatment facility, the property features substantial square footage and a layout conducive to multifamily conversion. Ideal for developers seeking a high-upside repositioning project in a growing rental market. With strong rental demand in the area and continued downtown revitalization, this asset presents a strategic opportunity for long-term cash flow and appreciation. Bring your vision and unlock the full potential of this prime investment.

Additional Information

Area
Reading City (10201)
School District
Reading
Heating
Steam
Cooling
None
Water
Public
Sewer
Public Sewer

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Calculator source: Real Geeks

Listing courtesy of Light House Realtors, LLC. Contact: