Back to Search
15-Unit Multifamily Building

200 W LANCASTER Avenue Reading, PA 19607

200 W LANCASTER Avenue, Reading, PA, 19607
$1,250,000
For Sale
$1,250,000

MULTI_FAMILY - READING, PA

Property Size15,000 SF
Lot Size0.30 Acres
Price / SF$83.33
Days on Market195

Property Features for 200 W LANCASTER Avenue

General Information

Property type
Residential Multi Family
Property subtype
Other
Rooms
Basement
Parking
23
Parking features
On Street, Garage - Detached, Parking Lot
Standard status
Active
Size
15,000 SF
Lot size
0.30 Acres

Taxes and HOA fees

Tax Annual Amount
7549

Utilities

Heating system
Hot Water(Heating)

Building Details

Year built
1910
Number of units
4
Building materials
Block, Brick, Masonry, Stucco, Frame
Listing agency Destination Realty LLC
Listed by Robert Savory · License #RS319543
Added: Jan 8 Updated: Jul 13 at 10:47AM Checked: Jul 22 at 12:06AM
MLS# PABK2067046

Copyright © 2026 Bright MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.


Investment Insights

Based on property information with market context.

This 15-unit multifamily property is built in 1910 and constructed with a mix of brick, concrete, and stucco. The building sits on a 0.3-acre lot and is described as being in below-average condition, which may appeal to buyers looking to pursue renovations as part of their business plan. A CLEAN Phase I environmental assessment report is included.

The property is located at 200 W Lancaster Avenue in Reading, PA 19607, in the downtown Shillington area. Accessibility is supported by proximity to public transportation (within a mile) and an airport (less than 10 miles). On-site parking is available via private garages and surface lots.

With 15 residential units in place, this offering can be a straightforward fit for an investor or owner-operator seeking a larger, income-generating multifamily asset. The building’s described condition and the included environmental documentation are practical considerations for underwriting renovation scope and planning due diligence. The mix of parking options can also support a range of tenant parking needs.

Key Highlights

  • 15‑unit building in downtown Shillington on a 0.3‑acre lot
  • Built in 1910 with block, brick, masonry, stucco, and frame construction materials
  • Hot water heating

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Speedway Grocery & Convenience Store Amazon Locker - Pietro Postal Service

Suggested Use

Real Estate Agency (Bike/Boat/Book/etc) Store (Bike/Boat/Book/etc) Store Carpet & Flooring Store Dental Office Computer & Electronic Repair Electrical Service Acupuncture Skin Care Clinic Tech Support Center

Zoning and permitted uses should be independently verified with local authorities.

FAQs

What type of property is this?
Apartment building - Brick and stucco 15-unit building with private garages and surface parking, offered with a recent Phase I assessment.
Where is this apartment building located?
The property is located at 200 W LANCASTER Avenue Reading, PA.
What is the asking price?
The asking price for this property is $1,250,000.
What are key features of this property?
This property features: 15‑unit building in downtown Shillington on a 0.3‑acre lot; Built in 1910 with block, brick, masonry, stucco, and frame construction materials; Hot water heating
Contact an agent
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message