PA > Reading
Reading, PA 19607,948 LANCASTER AVE
Reading, PA 19607,948 LANCASTER AVE
Reading, PA 19607,948 LANCASTER AVE
Reading, PA 19607,948 LANCASTER AVE
Reading, PA 19607,948 LANCASTER AVE
Reading, PA 19607,948 LANCASTER AVE
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Salvatore Settepani

Salvatore Settepani

+1(917) 559-9158
Listed by Chad A Schlanger • United Real Estate Strive 212
$ 560,000
Est. payment | /mo

5,227 Sqft Lot

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

5,227 Sqft Lot

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

Bright MLS (BMLS)
agent-avatar

+1(917) 559-9158

salvatore.settepani@exprealty.com

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948 LANCASTER AVE