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.
Features
7 bedrooms
6500 sq. ft. floor area
crop_free2613 sq. ft. lot size
cottageDuplex
Property history for 1049 Penn St
2022
Sold
$366,000
06 Jun 2022 by William Sands, of Sands & Company Real Estate
2018
Sold
$222,500
31 Jul 2018 by William Sands, of Sands & Company Real Estate
2018
Sold
$222,500
31 Jul 2018 by William Sands, of Sands & Company Real Estate
Happy sellers in Reading
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Local market activity for 7 bedroom duplexes in Reading
Sold
For Sale
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