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Off market
  • $459,900

    1340 Lancaster Ave, Reading, PA 19607

    6beds
    0baths
    3,342sqft
    MultiFamily
    Built in 1945
    -- sqft lot
    $459,900 Zestimate®
    $138/sqft
    $1,540 Estimated rent

    Owner options

    List your home for rent

    $1,540/mo

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    $1,540/mo

    Rent Zestimate®

    Refinance and save

    $2,999/mo

    Est. payment

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    $2,999/mo

    Est. payment

    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.

    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
    Sell for more on Zillow
    Get a Zillow Showcase℠ listing at no additional cost and you could sell for .
    $459,900
    2% more+$9,198
    With Zillow Showcase(estimated)$469,098