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About the Listing 56068 - 3158501
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.
Listing Highlights for 948 Lancaster Ave
Status
Pending
Days on Site
60
Property Type
Multi-Family
MLS ®
PABK2059926
Year Built
1920
Total Square Footage
0
Lot/Acreage
0.12
Interior Details
- Bedrooms: 10
- Bathrooms: Full
- Appliances:
- Air Cond:
- Heating: Forced Air,Radiator
- Fireplaces:
- Floor:
- Above Ground Sq Ft: 0
- Below Ground Sq Ft: 0
- Basement:
- Other:
- Water: Public
Exterior Details
- Lot Description: Not New Construction,Horse Property: No
- Garage Capacity: 3 car
- Parking Spaces: 3
- Lot Dimensions: 0.00 x 0.00
- Zoning: MIXED RES/COMM
- Roof:
- Others:
- Sewer: Public Sewer
- Parking Features: Garage - Side Entry,Garage - Rear Entry,Additional Storage Area,Alley,Detached Garage,On Street,3+ Spaces,2+ Spaces,1+ Spaces
Financial Details
- Tax Amount: $5,039
- Taxes w/Assessments: N/A
- Tax/Property ID: N/A
- Tax Year: 2025
Payment Calculator
Monthly Payment
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Listing Location
Questions About..
948 Lancaster Ave Reading, PA 19607
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