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948 LANCASTER AVENUE, READING, PA 19607

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Listing Type
Multi Family
Listing Status
pending
73
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$560,000

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Home Details for 948 LANCASTER AVENUE
Price
$560,000
Type
Multi Family
Bedrooms
10
Year Build
1920
Lot Size
0.12
County
BERKS
Garage
3
Tax
$5,039
MLS®️ Listing#
PABK2059926
On exitrealty.com
129 days
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.
Property Features
Listing Courtesy: United Real Estate Strive 212 - 610-372-0212
The data relating to real estate for sale on this website appears in part through the BRIGHT Internet Data Exchange program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms in which EXIT Realty participates, and is provided by BRIGHT through a licensing agreement. The information provided by this website is for the personal, non-commercial use of consumers and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale on this website may no longer be available because they are under contract, have closed or are no longer being offered for sale. Information Deemed Reliable But Not Guaranteed. Copyright ©2025 Bright MLS. All rights reserved.
Last Updated: 2025-09-05 11:57:49
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EXIT PREFERRED REALTY
2615 Augustine Herman Hwy , Chesapeake City, MD 21915
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$560,000

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EXIT PREFERRED REALTY
2615 Augustine Herman Hwy , Chesapeake City, MD 21915
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