$560,000

946-948 LANCASTER AVE, Reading, PA 19607

  • Property Icon Multi-Family Home
  • Property Year Built Icon Built in 1920
  • Property Lot Size Icon5,227sqft lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $——/sqft
  • Property List Date Icon Listed 2 days ago

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.

Listing Status:
Active
Listing Office:
United Real Estate Strive 212 : 6103720212
Listing Agent:
Chad A Schlanger : 6103342168
MLS ID:
PABK2059882
  • A/C: None
  • Heating: Hot WaterOil
  • Disability Feature: None

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

0.66 miles away

S

Southwest Middle School

300 Chestnut St, Reading, PA, 19602

Grades 5-8

1.34 miles away

R

Reading Senior High School

801 N 13th St, Reading, PA, 19604

Grades 9-12

2.79 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.

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