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Off market
  • $441,400

    1340 Lancaster Ave, Reading, PA 19607

    6beds
    0baths
    3,342sqft
    MultiFamily
    Built in 1945
    -- sqft lot
    $441,400 Zestimate®
    $132/sqft
    $1,859 Estimated rent

    Home value

    $441,400

    $402,000 - $481,000

    $1,859/mo

    Zestimate® history
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    Owner options

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    $1,859/mo

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    $1,859/mo

    Rent Zestimate®

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    $2,813/mo

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    $2,813/mo

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    What's special

    Wonderful opportunity to invest in a solid property. This well-maintained 5-unit building is absolutely ready for you to take over ownership and the income is solid. 4 very large apartments and a commercial space on the lower level. The apartments are modern, include tile baths and the kitchens are well-appointed and in great condition. The commercial space has a lot of off street parking as well. There is economical gas heat. The tenants pay their own electricity. The tenants reimburse the owner for sewer and trash. Coin-op laundry in the basement and the owner brings in about $1,000/year. Definitely a building worth checking out.

    This property is off market, which means it's not currently listed for sale or rent on Zillow. This may be different from what's available on other websites or public sources.

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 6
    • Bathrooms: 0
    Heating
    • Gas
    Cooling
    • None
    Features
    • Store/Office
    • Flooring: Hardwood
    • Basement: Partially finished
    Interior area
    • Total interior livable area: 3,342 sqft

    Property

    Features
    • Exterior features: Other
    Lot
    • Size: 5,227 sqft
    Details
    • Parcel number: 54530617211408

    Construction

    Type & style
    • Home type: MultiFamily
    • Architectural style: Other
    Condition
    • Year built: 1945

    Community & neighborhood

    Location
    • Region: Reading

    Other

    Other facts
    • Construction Materials: Vinyl Siding, Stucco
    • Heating Type: Hot Water, Radiator, Zoned
    • Heating YN: Y
    • Ownership Interest: Fee Simple
    • Property Type: Multi-Family
    • Structure Type: Detached
    • Parking Features: Street
    • Two Bedroom Units Count: 2
    • One Bedroom Units Count: 2
    • Interior Features: Store/Office
    • Architectural Style: Other
    • Standard Status: Active
    • Type of Parking: On Street
    • Pool: No Pool
    • Tax Annual Amount: 5401.0
    • Tax Lot: 1408

    Price history

    DateEventPrice
    11/1/2018Sold$270,000-10%$81/sqft
    Source: Public Record
    9/25/2018Pending sale$299,900$90/sqft
    Source: RE/MAX OF READING #1002502136
    9/5/2018Listed for sale$299,900$90/sqft
    Source: RE/MAX Of Reading #1002502136

    Public tax history

    YearProperty taxesTax assessment
    2025$6,066 +4.9%$130,600
    2024$5,780 +2.8%$130,600
    2023$5,625 +1.2%$130,600

    Find assessor info on the county website

    Neighborhood: 19607

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • High: Governor Mifflin
    • District: Governor Mifflin

    Source: The MLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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    Sell for more on Zillow
    Get a free Zillow Showcase℠ listing and you could sell for .
    $441,400
    2% more+ $8,828
    With Zillow Showcase(estimated)
    $450,228