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.
Sold for $335,000 on 04/04/24
$335,000
1423 Lancaster Ave, Reading, PA 19607
4beds
--baths
--sqft
Duplex
Built in 1930
-- sqft lot
$369,800 Zestimate®
$--/sqft
$1,806 Estimated rent
Home value
$369,800
$348,000 - $392,000
$1,806/mo
Zestimate® history
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Owner options
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What's special
Zillow last checked: 8 hours ago
Listing updated: May 01, 2024 at 03:27am
Listed by:
Jose Manzueta 484-219-9232,
Iron Valley Real Estate of Berks
Bought with:
Jennifer Javier, RS370719
RE/MAX Of Reading
Source: Bright MLS,MLS#: PABK2040184
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
Basement
- Area: 0
Heating
- Baseboard, Electric
Cooling
- None
Appliances
- Included: Electric Water Heater
Features
- Basement: Unfinished
- Has fireplace: No
Interior area
- Total structure area: 0
Property
Parking
- Total spaces: 15
- Parking features: Asphalt, Detached Carport
- Carport spaces: 15
- Has uncovered spaces: Yes
Accessibility
- Accessibility features: None
Features
- Pool features: None
Lot
- Size: 9,147 sqft
Details
- Additional structures: Above Grade, Below Grade
- Parcel number: 18530617116451
- Zoning: CR
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Architectural style: Contemporary
- Property subtype: Duplex
Materials
- Brick
- Foundation: Stone
- Roof: Shingle
Condition
- Very Good
- New construction: No
- Year built: 1930
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & neighborhood
Location
- Region: Reading
- Municipality: READING CITY
Other
Other facts
- Listing agreement: Exclusive Right To Sell
- Listing terms: Cash,Conventional,FHA,VA Loan
- Ownership: Fee Simple
Price history
| Date | Event | Price |
|---|---|---|
| 4/4/2024 | Sold | $335,000+3.1% |
Source:  Bright MLS #PABK2040184 | ||
| 3/5/2024 | Pending sale | $325,000 |
Source: Bright MLS #PABK2040184 | ||
| 3/5/2024 | Listing removed | -- |
Source: Bright MLS #PABK2040184 | ||
| 3/1/2024 | Listed for sale | $325,000+44.4% |
Source: Bright MLS #PABK2040184 | ||
| 1/12/2024 | Sold | $225,000+66.7% |
Source: Public Record | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $4,295 +1.5% | $95,300 |
| 2024 | $4,232 +1.6% | $95,300 |
| 2023 | $4,166 | $95,300 |
Find assessor info on the county website
Neighborhood: 19607
Nearby schools
GreatSchools rating
- 6/10Millmont El SchoolGrades: PK-4Distance: 1.2 mi
- 4/10Central Middle SchoolGrades: 5-8Distance: 2.7 mi
- 2/10Reading Senior High SchoolGrades: 9-12Distance: 3.3 mi
Schools provided by the listing agent
- District: Reading
Source: Bright 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 .
$369,800
2% more+ $7,396
With Zillow Showcase(estimated)
$377,196