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5 E Penn Ave, 
Wernersville, PA 19565

$2,850,000


Bed


Bath


8,000

Sq Ft


Multi-Family

Active

Listed by

Jimmy Thelusca

Pagoda Realty

Last updated:

June 17, 2025, 01:29 PM

MLS#

PABK2046952

Source:

BRIGHTMLS

About This Home

5 E Penn Ave

*** Projected Annual NOI of $430,000***Discover a rare investment opportunity with this 42-unit historic building, in a prime, high-traffic location. Boasting 38 residential rooming units, 17 of which having their own private bathrooms and 4 thriving commercial spaces. The commercial units are anchored by an open and thriving bar, a cozy cafe, a fully equipped kitchen, and a spacious restaurant/ballroom area ideal for events. In addition to a thrift shop adds to the building's diverse tenant mix. Included in the sale is an additional parcel just across the street, featuring a barn with its own parking lot. With zoning approval, this versatile space could be transformed into additional storage, parking, or even expanded living quarters, offering further potential to increase value. This profitable property offers stable income with significant upside for the savvy investor. Additional financials are available upon request, and all offers are welcome. Don't miss your chance to own a piece of history with endless possibilities. Schedule your showing today!

Home Facts

Multi-Family

Built in 1890

Price Summary

2,850,000

$356 per Sq. Ft.

MLS #:

PABK2046952

Last Updated:

June 17, 2025, 01:29 PM

Added:

10 month(s) ago


Structure

Structure

Building Area:

8,000 Sq. Ft.

Year Built:

1890


Lot

Lot Size (Sq. Ft):

17,859


Finances & Disclosures

Finances

Price:

$2,850,000

Price per Sq. Ft:

$356 per Sq. Ft.

Source:BRIGHTMLS
The information being provided by Bright MLS is for the consumer’s personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The information is deemed reliable but not guaranteed and should therefore be independently verified. © 2025 Bright MLS All rights reserved.

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