Value Add 4 unit mixed use + self storage building – Berks county 147 Wernersville, PA 19565, USA

Unique opportunity for a savvy investor. Commercial 14,532 SqFt. multi unit building featuring:
– 2 store fronts
– 2 apartments upstairs (2&3 bdr)
– 8 storage units
– 2-unit warehouse

Property has fire damage and the front of the building needs to be restored.
Current Expense:  $ 20,713.14
Current Rent Income $20,640
Gross rents before the fire:  $ 46,440.00  (50% occupancy)
Gross rents with full occupancy before fire $73,680 (below market rents) – Potential rents after renovations 20-30% higher

Potential ARV is $1,100,000 with the lowest commercial sale price at $77/sq tf Located in the highly desirable area with new construction house projects around it.

Send an inquiry below to request full address, income&expense report and other details. SERIOUS INQUIRIES ONLY. No seller financing available.