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416, 418, 420 Walnut Street

READING, PA 19601
  • $549,900
  • STATUS: Active
  • ON SITE: 13 Days
  • ID#: PABK2072792
UPDATED: 51 min ago
$549,900
  • 0
    BEDS
  • 0.12
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Commercial
Built:
1900
County:

School Information

High School:
School District:

Description

Rare opportunity to acquire a fully approved 18-unit multifamily project in the heart of Reading, PA. This value-add development offers investors and developers the chance to complete a high-demand rental project in a growing market with strong rental demand. Whether you’re looking to expand your multifamily portfolio or take on your next development project, this property offers the potential to create substantial value in a market with increasing demand for quality housing.

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©2026 Bright MLS, All Rights Reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale may no longer be available because they are for instance, under contract, sold, or are no longer being offered for sale. Information is deemed reliable but is not guaranteed accurate by the MLS or Peak Asset Realty. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. Data last updated: 2026-06-12T10:06:38.073.
www.zimmermanteam.com/homes/177023008
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416, 418, 420 Walnut Street READING, PA 19601

  • Price: $549,900
  • Status: Active
  • On Site: 13 Days
  • Updated: 51 min ago
  • ID#: PABK2072792
0
Beds
0
Baths
0
½ Baths
0.12
Acres
1900
Built
Neighborhood:
None Available
County:
Berks
Area:
Reading City (10201)
High School:
Reading Senior
School District:
Reading
Property Description
Rare opportunity to acquire a fully approved 18-unit multifamily project in the heart of Reading, PA. This value-add development offers investors and developers the chance to complete a high-demand rental project in a growing market with strong rental demand. Whether you’re looking to expand your multifamily portfolio or take on your next development project, this property offers the potential to create substantial value in a market with increasing demand for quality housing.
Exterior Features

Construction Materials Brick FrontCast Iron PlumbingCombinationCopper PlumbingFrameGalvanized PlumbingMasonryMixed Plumbing Garage YN No Location Type Corner Lot/Unit Parking Types None Roof Architectural ShingleFlatPitchedRubberOther Soil Types Unknown Water Access YN No Water View YN No Waterfront YN No

Interior Features

Building Area Total 9129.00 Cooling None Flooring WoodOther Heating Steam Heating YN Yes Net Square Feet 9129.00

Property Features

Acceptable Financing CashConventional Accessibility Features None Central Air YN No Cooling Fuel None Cross Street Madison Ave Ground Rent Payment Frequency Annually Heating Fuel Natural Gas Historic YN No Hot Water Electric Municipality READING CITY Navigable Water YN N New Construction YN No Number Of Units Total 18 Original MLSNumber 804983870928 Ownership Interest Fee Simple Property Sub Type Five Or More Units Sale Type Standard Sewer Public Sewer Tax Annual Amount 1228.00 Tax Lot 5237 Vacation Rental YN No Water Source Public Year Built Effective 1980 Zoning R3

Listing courtesy of Light House Realtors, LLC: .


©2026 Bright MLS, All Rights Reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale may no longer be available because they are for instance, under contract, sold, or are no longer being offered for sale. Information is deemed reliable but is not guaranteed accurate by the MLS or Peak Asset Realty. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. Data last updated: 2026-06-12T10:06:38.073.
 
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Peak Asset Realty
800 New Holland Ave Suite 271
Lancaster PA, 17602