2023-25 Penn Ave Reading, PA 19609

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$329,000 Estimated monthly payments: $2,140/mo.* (recalculate)
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6 beds   |   2 baths   |   2 half baths
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Listed By CENTURY 21 Park Road

Property Description


Multi-Family (2-4 Units)

Salon Desiree Investment Complex on the Route 422 corridor in Spring Township. This is highly visible location, with traffic from Sinking Spring/West Lawn and Wyomissing, 23,000 vehicles daily. The complex includes the operating salon space, a three bedroom apartment above, a three bedroom adjacent home, and a small commercial unit in back. The property has off street parking for 6 cars with access from Penn Ave. and the back of the lot. There is also a small one car garage. All units are leased, the salon is owner operated. The investment includes two parcels, 2023 and 2025 Penn Ave. Property is zoned commercial. Buyers should verify with Spring Township for all intended uses. Salon Desiree will stay as a leased tenant, if new owners are agreeable. The seller is also willing to work for the new owner for any transition periods, if so desired. This an excellent business opportunity and investment cash flow.
MLS #:  6422708
Est. Property Tax:  $5,600

Features



  • Exterior Description: Brick
  • Garage Count: 1 Car Garage
  • Heating - Fuel Type: Gas, Oil
  • Lot Size: 0.15 Acres
  • Style: Traditional

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Schools for
2023-25 Penn Ave, Reading, PA 19609
Elementary School
Grades K-5 | Public School
, PA 19609
2700 VAN REED RD
610-670-0180
Distance: 1.0 mi
GreatSchools Rating
8
Parent Rating
4
Student:Teacher Ratio
15:1
Total Students
572
Middle School
Grades 6-8 | Public School
, PA 19609
2601 GRANDVIEW BLVD
610-670-0180
Distance: 0.7 mi
GreatSchools Rating
9
Parent Rating
4
Student:Teacher Ratio
16:1
Total Students
752
High School
Grades 9-12 | Public School
, PA 19609
2601 GRANDVIEW BLVD
610-670-0180
Distance: 0.7 mi
GreatSchools Rating
8
Parent Rating
4
Student:Teacher Ratio
16:1
Total Students
1996
Other Nearby Schools Distance Type Grades GreatSchools Rating Parent Rating
West Wyomissing Elementary School 0.2 mi Public K-5 4-5 0
Wyomissing Hills El Center 0.7 mi Public K-4 3-5 4
Jewish Community Ctr Nur School 0.8 mi Private PRESCHOOL-PRESCHOOL 0 0
Lincoln Park Elementary School 0.9 mi Public K-5 5 5
St. Ignatius Loyola Regional School 1.0 mi Catholic PRESCHOOL-8 0 4
Kindercare Learning Center 1.0 mi Private PRESCHOOL-K 0 0
Wyomissing Area Junior/senior High School 1.1 mi Public 7-12 4 4
Wilson Southern Middle School 1.2 mi Public 6-8 4-5 4
Cornwall Terrace Elementary School 1.2 mi Public K-5 4-5 4
Tutor Time Child Care/learning Center 1.2 mi Private PRESCHOOL-PRESCHOOL 0 0
Spring Ridge Elementary School 1.4 mi Public K-5 4 4
Wyomissing Institute Of Fine Arts 1.5 mi Catholic PRESCHOOL-K 0 0
Governor Mifflin Middle School 1.9 mi Public 7-8 4 3
Thomas H Ford Elementary School 2.0 mi Public PRESCHOOL-5 1 3
School Of Technology And Communication At Thomas F 2.0 mi Public 6-6 1 3
Sacred Heart School 2.0 mi Catholic K-8 0 5
Governor Mifflin Senior High School 2.1 mi Public 9-12 2-5 3
Sources: Maponics, LLC, GreatSchools.org and Onboard Informatics 2014. This information is provided for general informational purposes only and should not be relied on in making any home-buying decisions. School information does not guarantee enrollment. Contact a local real estate professional or the school district(s) for current information on schools. This information is not intended for use in determining a person's eligibility to attend a school or to use or benefit from other city, town or local services.
Demographic Data for Reading, PA 19609
  • Median Age: 41.61
  • Married: 38%
  • Number of Households: 4305
  • Households with Children: 1293
Community:



    • Occupancy Types
      • 0 Vacant
      • 0 Owned
      • 0 Rented
    • Transportation to Work
      • 0 Drive
      • 0 Public Transportation
      • 0 Walk / Bike / Other
      • 0 Work at Home

    Community information and market data Powered by Onboard Informatics. Copyright ©2014 Onboard Informatics. Information is deemed reliable but not guaranteed. * Based on a 30-year fixed rate of 4.75% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Interest rates are also subject to credit and property approval based on secondary market guidelines. The rates shown are based on average rates for our best qualified customers. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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    Contact  Edward Hong John Heinz

    CENTURY 21 Park Road
    610.­378.0471
    | 60 Commerce Drive
    | Wyomissing, PA 19610
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