$124,900
$129,900
3.8%For more information regarding the value of a property, please contact us for a free consultation.
522 WASHINGTON ST Reading, PA 19601
5,023 SqFt
Key Details
Sold Price $124,900
Property Type Multi-Family
Sub Type Interior Row/Townhouse
Listing Status Sold
Purchase Type For Sale
Square Footage 5,023 sqft
Price per Sqft $24
MLS Listing ID PABK364528
Sold Date 01/15/21
Style Straight Thru
HOA Y/N N
Abv Grd Liv Area 5,023
Originating Board BRIGHT
Year Built 1890
Annual Tax Amount $2,813
Tax Year 2020
Lot Size 1,742 Sqft
Acres 0.04
Lot Dimensions 0.00 x 0.00
Property Description
Back on the Market - Buyer Financing fell through! Here is THE ONE you've been waiting for. HUGE mixed use commercial and residential building with unlimited potential - over 5,000 sq ft. This would make an ideal opportunity for a owner occupant to operate a business on the first and second floor and use the 3rd floor residential apartment to live or as an investment property to pay the mortgage. Additionally, the property could be converted into a triplex by adding a kitchen area to floors 1 and 2. Used as a law firm for over 30 years, floors 1 and 2 provide straight through open concept with exceptional space for multiple business uses. Exquisite detail throughout, this charming and historic property boasts soaring ceiling height on all 3 floors and detailed and luxurious woodwork, molding, and built-in shelving. Dual Zoned HVAC and Central Air on floors 1 and 2 with gas heat and gas hot water. Separate utility meters in the basement for both Front and Rear, floors 1-3. Stepping through the door, you are greeted by a formal and grand foyer on the first floor with 5 generous sized offices and 2 half baths. 2 offices could easily be used as conference rooms with plenty of space for group meetings. Up the stairs, the second floor has an additional 4 offices with space for 1 to be used as another conference room. On the third floor, there is a separate 1 bedroom apartment with 15+ foot ceilings measuring approximate 600 square ft. The basement stretches nearly the entire footprint with more than enough storage space for the new owners needs. The building could easily be converted into a residential triplex if the new owner desired or utilized with its current layout and brought up to its full potential with a little paint and sweat equity. Incredible commercial exposure on a high traffic street, next to the post office and across from a historic church. Easy to show and ready to occupy immediately.
Location
State PA
County Berks
Area Reading City (10201)
Zoning C-1
Rooms
Basement Interior Access, Unfinished
Interior
Hot Water Natural Gas
Heating Forced Air
Cooling Central A/C
Fireplace N
Heat Source Natural Gas
Exterior
Waterfront N
Water Access N
Accessibility None
Parking Type On Street
Garage N
Building
Sewer Public Sewer
Water Public
Architectural Style Straight Thru
Additional Building Above Grade, Below Grade
New Construction N
Schools
School District Reading
Others
Tax ID 07-5307-83-80-1783
Ownership Fee Simple
SqFt Source Assessor
Special Listing Condition Standard
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Bought with Terry Upshur • Compass RE