417 Walnut Street, Reading, PA 19601Asking Price of: $420,000

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Primary property photo for 417 Walnut Street

View full listing details at http://www.homesale.com/lid=184607527

Positioned in the heart of Downtown Reading, this rare multi-building opportunity offers investors the potential to develop 12–14 apartment units in a rapidly evolving corridor. Previously utilized as a Drug Addiction Parole & Probation Treatment facility, the property features substantial square footage and a layout conducive to multifamily conversion. Ideal for developers seeking a high-upside repositioning project in a growing rental market. With strong rental demand in the area and continued downtown revitalization, this asset presents a strategic opportunity for long-term cash flow and appreciation. Bring your vision and unlock the full potential of this prime investment.

Property Details

Address: 417 Walnut Street, Reading, PA 19601
Bedrooms: 0
Area: READING CITY
School District: READING
MLS ID: PABK2068316
Status: ACTIVE

Property School Information

School District: READING

Property Features

Taxes: $8,712
Exterior: Brick Front
Lot Size: 0.12 Acres
Lot Dimensions: 0.12 Acre(S)
Heating: Steam
Fuel Type: Natural Gas
Cooling: None
Year Built: 1920
Water: Public
Sewer: Public Sewer
Units: 15
Municipality: READING CITY
Accessibility: 2+ Access Exits
Total Garage/Parking Spaces: 0

Property information as of Thursday, April 23, 2026 at 12:32 PM America/New_York

Listed By

Agency Name: Light House Realtors, LLC
Agency Phone: 4842730056

Shown By

Agency Title: Berkshire Hathaway HomeServices Homesale Realty
Agency Phone: +18003833535

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