Property
Reading, PA 19607 948 Lancaster Avenue
$560,000
Pending
68 more
Presented By: United Real Estate Strive 212
Beds • 10
Garage • 3
Home Details
948 Lancaster Avenue is being offered as part of a package with the adjoining property at 946 Lancaster Avenuethe 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.
Presented By: United Real Estate Strive 212
Interior Features for 948 Lancaster Avenue
Bedrooms
Three Bedroom Units Count
Other Interior Features
LivingAreaSourceAssessor
Central Air Y/NNo
Fireplace Y/NNo
Heating FuelOil
Heating Y/NYes
Hot WaterElectric
General for 948 Lancaster Avenue
Acceptable FinancingCash, Conventional
AccessibilityNone
Architectural StyleTraditional
CityREADING
Construction MaterialsStone
Cool FuelNone
CoolingNone
CountyBERKS
DirectionsProperties are located directly across the street from Piazza Honda/Acura
Garage Spaces3.00
Garage Y/NYes
HeatingForced Air, Radiator
Lot Size Square Feet5227.00
Lot Size UnitsSquare Feet
MLS AreaReading City (10201)
ModificationTimestamp2025-07-25T08:04:46
MunicipalityREADING CITY
New ConstructionNo
Number Of Units Total3
NumberOfUnitsVacant5
One Bedroom Units Count2
Other StructuresAbove Grade, Below Grade
Other UnitsUnit 1
OwnershipFee Simple
PossessionImmediate
Property SubtypeDuplex
Property TypeMulti-Family
School DistrictREADING
SewerPublic Sewer
Single Room Units Count0
Standard StatusPending
StatusPENDING
Structure TypeTwin/Semi-Detached
Tax Annual Amount5039.0
Tax Assessed Value111800.0
Tax Lot9407
Tax Year2025
Total SQFT0
Two Bedroom4
Vacation Rental Y/NNo
Water Access Y/NNo
Year Built1920
Year Built SourceEstimated
ZoningMIXED RES/COMM
Exterior for 948 Lancaster Avenue
# of Detached Garage Spaces3
Foundation DetailsStone
Garage FeaturesGarage - Side Entry, Garage - Rear Entry, Additional Storage Area
Land Assessed Value60400.00
Land Use Code4126
Lot Dimensions0.00 x 0.00
Lot Size Acres0.12
Lot Size SourceAssessor
LotDimensionsSourceAssessor
Navigable Water Y/NNo
PoolNo Pool
Total Parking Spaces3
Type of ParkingAlley, Detached Garage, On Street
Water Oriented Y/NNo
Water SourcePublic
Water View Y/NNo
Waterfront Y/NNo
Additional Details
Price History
Tina Torres
Broker/Owner