Property

Reading, PA 19607 728 Lancaster Avenue

Presented By: Iron Valley Real Estate of Berks
  • MLS# PABK2056828
  • 05/05/2025
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  • Beds • 3
  • Baths • 2
  • SQFT • 1,536

Home Details

High-Value Investment Opportunity Below-Market Rents & Tenants Pay All Utilities Welcome to this well-maintained twin home located just outside the City of Reading, offering a prime opportunity for investors. Conveniently situated near all major highways and commuter routes, the property benefits from strong rental appeal and long-term demand. This spacious property features four bedrooms and two full bathrooms, and is currently tenant-occupied under a one-year lease. Tenants pay all utilities, and current rents are below market for the area, providing immediate upside potential for increased cash flow. Additional highlights include a private backyard, a large kitchen perfect for meal prep, and separate living and dining areas that make the home both functional and inviting. Bonus Investment Opportunity: 730 Lancaster Ave, a neighboring property with the same layout also being sold at $189,900-each. Both properties are owned by the same seller and tenant-occupied under active leases, making them a ready-to-go portfolio addition. Whether you're expanding your portfolio or entering the investment market, this is a chance to secure oneor twoincome-generating properties in a high-demand location. Schedule your private showing todayopportunities like this dont last!
Presented By: Iron Valley Real Estate of Berks

Interior Features for 728 Lancaster Avenue

Bedrooms

Bedrooms Count All Upper Levels3
Bedrooms Count Upper Level 13
Total Bedrooms3

Bathrooms

Bathrooms Full Upper Level 11
Bathrooms Full All Upper Levels1
Bathrooms Count Upper Level 11.00
Bathrooms Count All Upper Levels1
Total Baths2

Other Interior Features

LivingAreaSourceAssessor
Below Grade Unfin Area UnitsSquare Feet
Below Grade Unfin SQFT0
Below Grade Unfin SQFT SourceAssessor
Above Grade Finished Area1536
Above Grade Finished Area SourceAssessor
Above Grade Finished Area Unit TypeSquare Feet
BasementFull
Basement (Y/N)Yes
Below Grade Finished Area
Below Grade Finished Area SourceAssessor
Below Grade Finished Area Unit TypeSquare Feet
Central Air Y/NNo
Fireplace Y/NNo
Heating FuelNatural Gas
Heating Y/NYes
Hot WaterElectric
Interior AmenitiesFloor Plan - Traditional
Laundry TypeBasement

Other Rooms

Room TypeLiving Room, Dining Room, Bedroom 2, Bedroom 3, Kitchen, Basement, Bedroom 1, Full Bath

Room Details for 728 Lancaster Avenue

Basement

level Lower 1

Bedroom 1

level Upper 1

Bedroom 2

level Upper 1

Bedroom 3

level Upper 1

Dining Room

level Main

Full Bath

level Upper 1

Full Bath # 2

level Main

Kitchen

level Main

Living Room

level Main

General for 728 Lancaster Avenue

Acceptable FinancingCash, Conventional
AccessibilityNone
AppliancesOven/Range - Gas, Range Hood, Refrigerator
Architectural StyleStraight Thru, Traditional
Association Recreation FeeN
Bathrooms Count Main Level1.00
Bathrooms Full Main Level1
CityREADING
Condo/Coop Association Y/NNo
Construction MaterialsBrick
Cool FuelNone
CoolingNone
CountyBERKS
DirectionsLancaster pike to Lancaster ave
Electric100 Amp Service
ExclusionsTenants Personal Property
Full Baths2
Garage Y/NNo
HOANo
HeatingForced Air
Levels2
Lot Size Square Feet2178.00
Lot Size UnitsSquare Feet
MLS AreaReading City (10201)
ModificationTimestamp2025-05-15T16:21:37
MunicipalityREADING CITY
New ConstructionNo
Other StructuresAbove Grade, Below Grade
OwnershipFee Simple
PossessionImmediate
Price Per Sq Ft Total AG123.63
Property TypeResidential
School DistrictREADING
Senior Community Y/NNo
SewerPublic Sewer
Standard StatusActive
StatusACTIVE
Structure TypeTwin/Semi-Detached
Subdivision NameREADING
Tax Annual Amount1564.0
Tax Assessed Value34700.0
Tax Lot0204
Tax Year2025
Total Rooms6
Total SQFT1536
UtilitiesCable TV Available, Electric Available, Sewer Available, Water Available, Natural Gas Available
Vacation Rental Y/NNo
Water Access Y/NNo
Waterfront Y/NNo
Year Built1920
Year Built SourceAssessor
ZoningRESID

Exterior for 728 Lancaster Avenue

Exterior AmenitiesExterior Lighting, Street Lights, Sidewalks
Foundation DetailsConcrete Perimeter
Land Assessed Value15500.00
Land Use Code161
Lot Dimensions0.00 x 0.00
Lot Size Acres0.05
Lot Size SourceEstimated
LotDimensionsSourceAssessor
Navigable Water Y/NNo
PoolYes - Personal
Type of ParkingOn Street
Water Oriented Y/NNo
Water SourcePublic
Water View Y/NNo

Additional Details

Price History

Ebonie Clerier

Associate
Price $189,900
MLS#PABK2056828
List Date 05/05/2025
Property Type Townhouse
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