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For sale
  • $950,000

    1049 Penn St, Reading, PA 19601

    8beds
    5baths
    6,500sqft
    : 
    Quadruplex
    Built in 1900
    -- sqft lot
    $924,300 Zestimate®
    $146/sqft
    $-- HOA

    What's special

    Corner detached propertyHigh-visibility and corner locationAbundant natural lightHigh curb appealBeautiful original architectural featuresFacing city parkHigh ceilings
    Prime multi-unit property with high-visibility and corner Location facing City Park. An exceptional opportunity to own a 4-unit mixed-use property in a prime, high-traffic location. This impressive building features one spacious unit per floor, including 1 ground-floor commercial space and 3 large residential apartments, each offering unique charm and character. It features a premium location situated on a high-visibility corner directly across from a park, offering scenic park and city views. Excellent accessibility with easy access to public transportation and foot traffic, ideal for both residential and commercial use. The units are well-maintained with high ceilings, hardwood floors, and abundant natural light. The architectural character amazes with beautiful original architectural features and rear sun porches add elegance and light to each apartment. The long-term commercial tenant, ensures stable income. A versatility for investors seeking strong rental income or owner-occupants looking to live and invest in a vibrant area. This is a rare chance to acquire a corner detached property with high curb appeal and excellent growth potential. Don't miss out on this standout asset in a sought-after neighborhood.
    6 days
    on Zillow
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    247
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    9
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    Zillow last checked: 7 hours ago

    Listing updated: August 15, 2025 at 05:34am

    Listed by:

    Zylkia Rivera 484-273-2284,

    Keller Williams Platinum Realty - Wyomissing 6108981441,

    Listing Team: The Zylkia Rivera Team

    Source: Bright MLS,MLS#: PABK2061466MLS Logo
    Travel times

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    We'll find a local expert to take you on a private tour of 1049 Penn St.

    Next available tour time:Tomorrow at 9am

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 8
    • Bathrooms: 5
    Basement
    • Area: 0
    Heating
    • Hot Water, Natural Gas
    Cooling
    • None, Electric
    Appliances
    • Included: Gas Water Heater
    Features
    • Flooring: Hardwood, Ceramic Tile
    • Basement: Partially Finished
    • Has fireplace: No
    Interior area
    • Total structure area: 6,500
    • Total interior livable area: 6,500 sqft

    Property

    Parking
    • Parking features: None
    Accessibility
    • Accessibility features: None
    Features
    • Pool features: None
    Lot
    • Size: 2,613 Square Feet
    Details
    • Additional structures: Above Grade, Below Grade
    • Parcel number: 08531777100269
    • Zoning: MIX USE R-3
    • Special conditions: Standard

    Construction

    Type & style
    • Home type: MultiFamily
    • Architectural style: Traditional
    • Property subtype: Quadruplex
    Materials
    • Brick, Stone
    • Foundation: Stone
    Condition
    • Average
    • New construction: No
    • Year built: 1900

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public

    Community & HOA

    Location
    • Region: Reading
    • Municipality: READING CITY

    Financial & listing details

    • Price per square foot: $146/sqft
    • Tax assessed value: $101,000
    • Annual tax amount: $4,552
    • Date on market: 8/15/2025
    • Listing agreement: Exclusive Right To Sell
    • Listing terms: Cash,Conventional
    • Inclusions: 3 Stoves, 3 Refrigerators In Apartments.
    • Exclusions: Restaurant Equipment Owned By The Tenant Except For The Hood / Ventilator Of Stoves.
    • Ownership: Fee Simple
    • Total actual rent: 78000
    • Income includes: Apartment Rentals, Shop Rentals
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