REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.

In-PersonVirtual Tour

Mon

Jul

Tue

Jul

Wed

Jul

Eric Melo

[email protected] +1(862) 242-9649

Listed by Chad A Schlanger • United Real Estate Strive 212

$ 560,000

Est. payment -/mo

Save

New

948 LANCASTER AVE Reading, PA 19607

5,227 Sqft Lot

UPDATED:

Key Details

Property Type Multi-Family

Sub Type Twin/Semi-Detached

Listing Status Active

Purchase Type For Sale

MLS Listing ID PABK2059926

Style Traditional

Year Built 1920

Annual Tax Amount $5,039

Tax Year 2025

Lot Size 5,227 Sqft

Acres 0.12

Lot Dimensions 0.00 x 0.00

Property Sub-Type Twin/Semi-Detached

Source BRIGHT

Property Description

948 Lancaster Avenue is being offered as part of a package with the adjoining property at 946 Lancaster Avenue—the sales price reflects both properties. Together, they comprise a total of seven units, offering a strong investment opportunity with mixed-use potential. The combined buildings feature four two-bedroom apartments, two one-bedroom unit and a commercial storefront. There is a shared laundry area, providing additional income potential. Off-street parking for at least three vehicles is available in the rear lot, along with two garages that fit up to three cars. A large backyard is shared between both buildings, offering outdoor space for tenants. While the properties could benefit from some updating, their layout, location, and income-generating potential make them an excellent opportunity for value-minded investors.

Location

State PA

County Berks

Area Reading City (10201)

Zoning MIXED RES/COMM

Interior

Hot Water Electric

Heating Forced Air, Radiator

Cooling None

Fireplace N

Heat Source Oil

Exterior

Parking Features Garage - Side Entry, Garage - Rear Entry, Additional Storage Area

Garage Spaces 3.0

Water Access N

Accessibility None

Total Parking Spaces 3

Garage Y

Building

Foundation Stone

Sewer Public Sewer

Water Public

Architectural Style Traditional

Additional Building Above Grade, Below Grade

New Construction N

Schools

School District Reading

Others

Tax ID 18-5306-18-32-9407

Ownership Fee Simple

SqFt Source Assessor

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Financing Cash,Conventional

Special Listing Condition Standard

Eric Melo

Broker Associate | License ID: 1644807

+1(862) 242-9649

Eric Melo

948 LANCASTER AVE Reading, PA 19607

Key Details

Location

Interior

Exterior

Building

Schools

Others

GET MORE INFORMATION

Go tour this home

948 LANCASTER AVE