Calling all investors! 5 Residential Units now available on Walnut St. High traffic count and Central location makes residential units easy to rent. Excellent cash flow for the savvy investor. Current Rental / Lease Income Per Unit/Per Month: Unit/Apartment 1: $900 Unit/Apartment 2: $1200 Unit/Apartment 3: $750 Unit/Apartment 4: $850 Unit/Apartment 5: $850. Can be purchased individually or in a package deal with up to 19 Total Units. Please reach out for additional details and/or to schedule a walkthrough.
Multi-familyProperty Type
1900Year Built
1,742 sq ftLot Size
$96Price/Sq.Ft.
Listed by Jimmy Thelusca• Pagoda Realty ERA Powered
Penn's Common, located between Penn Street and the Schuylkill River, is a historic and civic Reading neighborhood with a downtown streetscape and riverfront edges. The neighborhood’s character concentrates around Penn Square at Penn Street and 5th Street, where storefronts, cafes, and civic buildings set a steady, urban rhythm. Pillar venues include the Santander Performing Arts Center, GoggleWorks Center for the Arts, and the Reading Public Museum. Architecture leans toward older brick commercial blocks, institutional facades, and compact side streets that shift quickly into parks and museum grounds. The pace feels event-oriented near the arts venues and calmer along the river trails. Public spaces and cultural stops shape daily routines more than big-box retail.
Provided by Walk Score and Local Logic
Market insights
1027 Walnut St · $470,000
DAYS ON MARKET
413 days
The average home goes pending in 9 days.
SALE-TO-LIST
94.0%
Most homes are selling 6% below list price.
LIST PRICE
$470,000
Median list price in this area is $284,646. (39% lower than this home)
PRICE DROP
4 price drops
9% of homes in this area have had a price drop in the past month.
Property details
Interior
Exterior
Finance
Living
Interior features
Full basement
Estimated above-grade finished area
Bedrooms
Five one-bedroom units (multiple unit building)
Flooring
Tile/brick flooring
Vinyl flooring
Heating & cooling
Electric baseboard heating
Forced air heating
Electric hot water
Natural gas hot water
Exterior features
Above-grade other structures
Home design
End of row townhouse style
Three total levels
Parking
On-street parking (public)
Construction
Brick construction
Other foundation details
Estimated year built
Utilities
Public water
Public sewer
Electric available
Natural gas available
Financial info
Property owned fee simple
Four total units
All five one-bedroom units leased month-to-month
Income from apartment rentals
Existing lease type: Month to Month
Electricity and solar
View estimated energy costs and solar savings for this home