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1049 Penn Street, Reading, PA 19601

$234,900 Sale Pending

  • For Sale
  • Pending
  • Apartment
1049 Penn Street, Reading, PA 19601View this property at 1049 Penn Street, Reading, PA 19601
1049 Penn StreetReadingPA19601

Property Description

Iconic Landmark Building in the heart of the lively downtown Entertainment district. Located just 3 blocks from the Doubletree Hotel and Santander Arena. This architecturally significant building in the Penn's Common Historic District is adjacent to City Park! The main level- The Restaurant was formally the legendary Dan's fine dining Restaurant with seating capacity for approximately 50 patrons plus a working commercial kitchen. The tables, chairs and restaurant equipment are included in the sale! Additional there are 3 spacious apartments each with a rear sun porch. The apartments offer great light, high ceilings , with amazing architectural detailing. Each apartment is very large and incorporates the entire level of each floor of the
building. The building is reminiscent of a commercial building you would expect to see in a metropolitan area of Boston or New York! Bring your culinary skills and business ideas to this amazing space. Live in or allow the apartments to cover your mortgage payment! Hurry this is a once in a life time offering!

Full Property Detailsfor 1049 Penn Street

General

  • Price: $234,900
  • Taxes: $4,371 (2018)
  • Status: Pending
  • Type: Apartment
  • MLS ID: 1004450327
  • Updated: 6/23/2018
  • Added: 164 day(s) ago

Business

  • Business Type: Commercial, Apartment Building
  • Includes: Land and Building, Land Only

Parking

  • Parking Type: None

Location

  • Area: Reading City (10201)
  • County: Berks
  • Development Name: Reading
  • Subdivision: Reading
  • Cross Streets: 11Th
  • Location Details: Downtown

Heating & Cooling

  • Water Heater: Natural Gas

Utilities

  • Sewer: Public Sewer
  • Water: Public

Structural Information

  • # Buildings: 1
  • Architectural Info: Other
  • Stories/Levels: 0
  • Year Built: 1900
  • Year Built Source: Estimated

Lot Features

  • Lot Size (Acres): 0.06
  • Lot Size (Sq. Ft.): 2,614
  • Lot Dimensions: IRREGULAR
  • Zoning: MIX

Financial Considerations

  • Tax w/Assessment: $101,000
  • Tax Amount: $4,371
  • Tax Year: 2018
  • Tenant Pays: Electricity, Cooking Fuel, Cable TV

Disclosures and Reports

  • Ownership: Fee Simple
  • Lot: 269

Listed by Sands & Company Real Estate, William J Sands

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Schools

Schoolsserving 1049 Penn Street

School District:Reading School District
School Name
Grades
Distance
Tenth and Penn Elementary School
955 Penn St, Reading, PA 19601
PK-5
0.1 mi
Reading Intermediate High School
215 North 12th Street, Reading, PA 19604
8-9
0.3 mi
Southwest Middle School
300 Chestnut St, Reading, PA 19602
6-7
0.8 mi
Reading Senior High School
801 N 13th St, Reading, PA 19604
10-12
1 mi
Disclaimer: School data provided by Pitney Bowes. School attendance boundaries are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History

Price & Sales Historyfor 1049 Penn Street Get Price Alerts

Date
Details
Price
Change
Source
5/07/2018
Price Reduced
$234,900
-6%
MLS
1/11/2018
Listed
$249,900
-5.7%
MLS
1/30/2006
Sold
$265,000
Public Record
Disclaimer: Historical sales and tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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Community Info

Community Infofor 1049 Penn Street

Listed by Sands & Company Real Estate, William J Sands

1049 Penn Street, Reading, PA 19601 (MLS# 1004450327) is a Apartment property. 1049 Penn Street is currently listed for $234,900 and was received on January 11, 2018. Want to learn more about 1049 Penn Street? Do you have questions about finding other Apartment real estate for sale in Reading? You can browse all Reading real estate or contact a Coldwell Banker agent to request more information.