This is a carousel with tiles that activate property listing cards. Use the previous and next buttons to navigate.
1/30
5 E Penn Avenue, Wernersville, PA 19565
$2,900,000
5 E Penn Avenue, Wernersville, PA 19565View this property at 5 E Penn Avenue, Wernersville, PA 19565
5 E Penn AvenueWernersvillePA19565
This is a carousel with tiles that activate property listing cards. Use the previous and next buttons to navigate.
1/30
Property Description
42 Unit Historic Rooming House in Wernersville Borough, known as The Penn Werner, including 2 commercial spaces (A Cafe and a Vacant Restaurant / Bar with a full kitchen), 36 parking spaces, 2 parking lots and a Dry Cellar in the lower level. The sale also includes the property and lot across the street at 25 Stitzer Ave. Extremely desirable location. Great cash flowing, turn key investment property as the exterior, common areas and most of the units have been remodeled. Also a package of 5 Berks County Laundromats available for sale individually or in a package deal. Please reach out for additional details. Schedule your showing today! All Offers Are Welcomed!
Full Property Details
Full Property Details for 5 E Penn Ave
General
- Price: $2,900,000
- Taxes: $11,817 (2023)
- Status: Active
- Type: Apartment
- MLS ID: PABK2017790
- Updated: 10/9/2023
- Added to Site: 689 day(s) ago
Business
- Business Type: Apartment Building
Interior
- Flooring: Hardwood, Laminated, Vinyl
Additional Information
- Security/Safety: Main Entrance Lock
Parking
- Total Spaces: 36
- Parking Features: Private
- Parking Type: Parking Lot
Location
- Area: Wernersville Boro (10290)
- Municipality: WERNERSVILLE BORO
- County: Berks
- Driving Directions: Penn Ave West to Wernersville, Property on right.
Heating & Cooling
- Cooling Type: Window Unit(s)
- Heating Type: Baseboard - Hot Water
- Heating Fuel: Natural Gas
- Water Heater: 60+ Gallon Tank, Natural Gas
Utilities
- Sewer: Public Sewer
- Water: Public
Structural Information
- Construction: Frame, Brick
- Foundation: Brick/Mortar
- Roof: Shingle, Rubber
- Stories/Levels: 0
- Year Built: 1890
- Year Built Source: Estimated
- Property Condition: Good
Unit Information
- # Tenants: Multiple
Lot Features
- Lot Size (Acres): 0.41
- Lot Size (Sq. Ft.): 18,000
- Lot Size Source: Estimated
- Lot Dimensions: 0.00 x 0.00
- Zoning: RESIDENTIAL
Financial Considerations
- Price Per Sq. Ft.: $362.5
- Annual Heat Cost: $8,400
- Assessment Year: 2023
- School Tax: $8,203
- City/TownTax: $1,673
- City/TownTax Freq: Annually
- County Tax: $1,941
- County Tax Freq: Annually
- Tax w/Assessment: $253,500
- Tax Amount: $11,817
- Tax Year: 2023
- Owner Pays: All Utilities
- Landlord Pays: All Utilities
Disclosures and Reports
- Buyer’s Brokerage Compensation: 3%
- Ownership: Fee Simple
- Permits: On Hand
- Investment: Yes
- Lot Number: 6450
Listed by Pagoda Realty, Jimmy Thelusca
Get Pre-Approved Today
Schools
Schools serving 5 E Penn Ave
School District:Conrad Weiser Area School District
Rating | Name | Grades | Distance |
---|---|---|---|
44 Big Spring Rd, Robesonia, PA 19551 | 9-12 | 2.4 mi |
Disclaimer: School ratings provided by
GreatSchools. Ratings are on a scale of 1-10.
Learn more about GreatSchools ratings.
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 5 E Penn Ave
Date
Details
Price
Change
Source
10/09/2023
Price Reduced
$2,900,000
-1.69%
MLS
7/07/2023
Price Reduced
$2,950,000
-4.84%
MLS
9/28/2022
Price Reduced
$3,100,000
-3.12%
MLS
6/23/2022
Listed
$3,200,000
236.84%
MLS
5/04/2021
Sold
$950,000
—
Public Record
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 5 E Penn Ave
Year
Property Taxes
Change
Tax Assessment
Change
2023
$10,960
-5%
$253,500
—
2022
$11,570
2%
$253,500
—
2021
$11,378
2%
$253,500
—
2020
$11,130
2%
$253,500
—
2019
$10,930
2%
$253,500
—
2018
$10,712
4%
$253,500
—
2017
$10,294
2%
$253,500
—
2016
$10,087
2%
$253,500
—
2015
$9,933
1%
$253,500
—
2014
$9,806
—
$253,500
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 5 E Penn Ave
5 E Penn Avenue, Wernersville, PA 19565 (MLS# PABK2017790) is a Apartment property. 5 E Penn Avenue is currently listed for $2,900,000 and was received on June 23, 2022. Want to learn more about 5 E Penn Avenue? Do you have questions about finding other Apartment real estate for sale in Wernersville? You can browse all Wernersville real estate or contact a Coldwell Banker agent to request more information.