PA > Reading
Reading, PA 19607,946-948 LANCASTER AVE
Reading, PA 19607,946-948 LANCASTER AVE
Reading, PA 19607,946-948 LANCASTER AVE
Reading, PA 19607,946-948 LANCASTER AVE
Reading, PA 19607,946-948 LANCASTER AVE
Reading, PA 19607,946-948 LANCASTER AVE
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Debbie Weymouth

Debbie Weymouth

+1(443) 827-0700
Listed by Chad A Schlanger • United Real Estate Strive 212
$ 560,000
Est. payment | /mo

5,227 SqFt

Save
$ 560,000
Est. payment | /mo
Save

5,227 SqFt

Key Details

Property Type Commercial

Sub Type Five Or More Units

Listing Status Active

Purchase Type For Sale

Square Footage 5,227 sqft

Price per Sqft $107

MLS Listing ID PABK2059882

Year Built 1920

Annual Tax Amount $8,207

Tax Year 2025

Lot Size 5,227 Sqft

Acres 0.12

Property Sub-Type Five Or More Units

Source BRIGHT

Property Description

This versatile 7-unit property presents a unique investment opportunity with strong potential for value-add upgrades. Comprised of two adjoining buildings, the property includes four spacious two-bedroom apartments, one one-bedroom unit, a studio apartment, and a commercial storefront, offering a balanced mix of residential and commercial income. Additional revenue is available through a shared laundry area for tenant use. The rear of the property features off-street parking for at least three vehicles, along with two garages that can accommodate up to three more cars. A large, shared backyard provides valuable outdoor space for tenants. While some updating is needed, the property's solid structure and income-generating potential make it an excellent opportunity for investors.

Location

State PA

County Berks

Area Reading City (10201)

Zoning MULTI

Interior

Hot Water Oil

Heating Hot Water

Cooling None

Inclusions Everything currently at property except tenant belongings

Heat Source Oil

Exterior

Garage Spaces 6.0

Water Access N

Roof Type Pitched,Shingle

Street Surface US Highway/Interstate

Accessibility None

Total Parking Spaces 6

Garage N

Building

Foundation Concrete Perimeter

Sewer Public Sewer

Water Public

New Construction N

Schools

High Schools Reading Senior

School District Reading

Others

Tax ID 18-5306-18-32-9438

Ownership Fee Simple

SqFt Source Estimated

Security Features Security Gate,Intercom

Special Listing Condition Standard

Bright MLS (BMLS)
agent-avatar

+1(443) 827-0700

debbie@theweymouthgroup.com

8825 Stanford Blvd #300, Columbia, MD, 21045

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946-948 LANCASTER AVE