1. Pennsylvania
  2. Reading
  3. 948 LANCASTER AVE
$560,000

948 LANCASTER AVE, Reading, PA 19607

  • Property Icon Duplex
  • Property Year Built Icon Built in 1920
  • Property Lot Size Icon5,227sqft lot
  • Property Parking Icon 3 car garage
  • Property Price Per Square Feet Icon $——/sqft
  • Property List Date Icon Listed 14 days ago

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.

Listing Status:
Pending
Listing Office:
United Real Estate Strive 212 : 6103720212
Listing Agent:
Chad A Schlanger : 6103342168
MLS ID:
PABK2059926

This listing courtesy of Chad A Schlanger, United Real Estate Strive 212

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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Location

Schools Nearby

M

Millmont Elementary School

400 Summit Ave, Reading, PA, 19611

Grades PK-4

0.67 miles away

S

Southwest Middle School

300 Chestnut St, Reading, PA, 19602

Grades 5-8

1.35 miles away

R

Reading Senior High School

801 N 13th St, Reading, PA, 19604

Grades 9-12

2.80 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.