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Sold on 04/04/2024
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1423 Lancaster Ave, Reading, PA 19607

  • $335,000

    Last sold 04/04/2024 after 35 Days

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    bed

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    bath

Multi-family not for sale
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About 1423 Lancaster Ave

Property type Multi-family
Neighborhood
Year built 1930
HOA fee $0/month
Lot size 9,148 Sqft
Property description
Welcome to 1423 Lancaster Avenue! This recently updated mixed-use residential/commercial property offers a range of possibilities and opportunities and is ready for you to move in and start generating income. Currently utilized as a 2 unit with 2 bedrooms in each, this property with its nice layout and spacious rooms offers comfort and convenience for both residential and commercial purposes. One of the standout features is the private parking area which can accommodate up to 15 cars. The first and second floor each offer 2 bedroom apartments with all electric utilities and stainless steel appliances. Both units are currently rented. In addition, you will find a partially finished basement. It is conveniently located amongst other commercial businesses, trendy shopping, popular restaurants, grocery stores, and major highway only adding to the appeal of the property both for tenants and potential investors. Contact us to schedule your private showing today.
Listed by
Listing Agent - Jose Manzueta
Listing Office - Iron Valley Real Estate of Berks
Source: Bright MLS mls logo
MLS#PABK2040184 • last updated 2 years ago
Movoto checked Bright MLS for data 4 minutes ago
Overview
Cooling/AC None, None
Heating Electric
Levels/Style Contemporary
Type Multi-Family
SubType Duplex
Status Closed
Lot Size (SqFt) 9147
Lot Size (Acres) 0.21
County Tax 730, Annually
City/ Town Tax 1728
School Tax 1709
Tax: Assessed Value 95300
Annual Property Tax 4166
Year Built 1930
Condition Very Good
Municipality READING CITY
New Construction (Y/N) N
Foreclosure (Y/N) N
Interior
Basement Unfinished
Accessibility Features None
Exterior
Roof Shingle
Construction Brick
Foundation Stone
Parking Desc Asphalt Driveway, Detached Carport
# Parking Spaces 15
# Detached Carport Spaces 15
Existing Structures Above Grade, Below Grade
Amenities / Utilities
Sewer/ Septic Public Sewer
Pool No Pool
Location
Water Source Public
School District READING
Directions From Penn St Head West On Penn St Toward N 5th St. Turn Left At The 1st Cross Street Onto S 5th St. Turn Right Onto Pine St. Turn Left Onto S 4th St. Continue Straight Onto Bingaman St. Continue Onto Lancaster Ave.
Zoning CR
Multifamily Details
# 2-Bedroom Units 2
  • May 2024
    mls logo MLS # PABK2040184
  • May 1, 2024 Sold
    $335,000 (+3.1%)
  • Mar 5, 2024 Pending
    —
  • Feb 29, 2024 Listed
    $325,000
  • 1423 Lancaster Ave
    $335K
  • Southwest Reading
    $189K
  • 19607
    $275K -9% y/y
  • Reading
    $264K -5% y/y
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Statistics calculated by Movoto

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5/10
Millmont El School
public Grades PK, K-4
Reading School District
4/10
Central Middle School
public Grades 5-8
Reading School District
2/10
Reading Senior High School
public Grades 9-12
Reading School District
Source: GreatSchools.org © 2026. All rights reserved.

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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 Movoto 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. Data last updated: 6/11/2026. Some properties which appear for sale on this website may no longer be available because they are under contract, have Closedor are no longer being offered for sale. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. This home sale information is not to be construed as an appraisal and may not be used as such for any purpose. BRIGHTMLS is the (or a) provider of this home sale information and has compiled content from various sources. Some properties represented may not have actually solddue to reporting errors.
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