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    401 E LANCASTER Avenue Reading, PA 19607

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    For Sale
    $499,900

    MULTI_FAMILY - Colonial - READING, PA

    Property size:
    1,950 SF
    Lot size:
    0.15 Acres
    Price / SF:
    $256/SF
    Added:
    May 6, 2026
    Days on Market:
    2
    Last Refresh:
    May 7 at 4:06 pm

    Property Features for 401 E LANCASTER Avenue

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Rooms
    Basement
    Parking
    2
    Parking features
    Driveway, Garage - Detached
    Interior features
    Built-Ins, Kitchen - Eat-In, Store/Office, Wood Floors
    Appliances
    Dishwasher, Microwave, Oven/Range - Electric, Refrigerator, Washer/Dryer Hookups Only, WaterHeater
    Standard status
    Active
    Size
    1,950 SF
    Lot size
    0.15 Acres

    Taxes and HOA fees

    Tax Annual Amount
    6125

    Utilities

    Heating system
    Hot Water(Heating)
    Cooling system
    Central Air

    Building Details

    Year built
    1929
    Number of units
    2
    Building materials
    Brick
    Architectural style
    Colonial

    We can help!

    Listing Contact
    Mario A Di Nenna

    Listing agent Mario A Di Nenna License #RS336165

    Listing office Springer Realty Group 760 Constitution Drive unit: 106, Exton, PA

    Listing date May 6, 2026

    MLS# PABK2071796 Listing URL

    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.

    HighLights

    • Income‑producing potential: Includes a separate 3‑bedroom apartment and private office space for rental income, with potential for $4,800+ monthly income.
    • Versatile zoning: Offers options for private residence, rental income, or operating a business from the private office space.
    • Prime location: Situated in the heart of Shillington, across from Governor Mifflin High School, and within walking distance to community amenities.
    • Unique architectural features: Historic brick facade with classic shutters, graceful columns, dual balconies, original hardwood floors, and a remodeled walk‑up attic with soaring ceilings.
    • Detached two‑car garage: Spacious brick two‑car detached garage with a private driveway.
    • Multiple heating and cooling sources: Includes gas radiant heat, mini‑splits, and a gas fireplace for year‑round comfort, plus central air.

    Overview

    Charming Shillington Mixed-Use Corner Property

    This corner property in Shillington offers a blend of charm and versatility. The historic brick facade features classic shutters, columns, and dual balconies. The main home includes a light-filled, eat-in kitchen with white cabinetry, counter space, and tile flooring. Original hardwood floors flow through the formal dining room and into the living room, which features a brick gas fireplace. French doors lead to a bright home office with a separate exterior entrance, suitable for a small business or private workspace. Upstairs, there are four bedrooms and a full bath. The remodeled walk-up attic offers an additional bedroom with 11-foot ceilings, new lighting, new carpeting, refinished hardwood floors, and natural light. Multiple heating sources, including gas radiant heat, mini-splits, and the gas fireplace, ensure year-round comfort. A private stone courtyard provides space for gathering and relaxing. A brick two-car detached garage includes a private driveway. The property also features a separate three-bedroom, one-bath rear apartment with its own kitchen and living area, suitable for rental income or limited commercial use. The apartment has been updated with LVP flooring, new doors, and fresh paint. The property is located near the community pool, local parks, shopping, and schools, and across from Governor Mifflin High School. The property sits on a 0.15-acre lot. The main home was recently rented for $2,200 per month, the lower-level apartment for $1,400, and the office space is projected at $900 per month, with the detached garage potentially renting for $300-$400 per month. Included in the sale is a lighted double-sided sign for business that reaches a high daily traffic count.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Home Town Realty ... Real Estate Agency nina catagnus Real Estate Agency

    Suggested Use

    Real Estate Agency Law Firm Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Gym & Fitness Center Auto Repair Shop

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

    Location Insight

    • Map
    • Local Demand
    City
    Reading
    County
    Berks
    State
    Pennsylvania
    Longitude
    -75.96077
    Latitude
    40.30683

    FAQs

    What type of property is this?
    Mixed-use property - Exceptional corner property with income potential in the heart of Shillington.
    Where is this mixed-use property located?
    The property is located at 401 E LANCASTER Avenue Reading, PA.
    What is the asking price?
    The asking price for this property is $499,900.
    What are key features of this property?
    This property features: Income‑producing potential: Includes a separate 3‑bedroom apartment and private office space for rental income, with potential for $4,800+ monthly income.; Versatile zoning: Offers options for private residence, rental income, or operating a business from the private office space.; Prime location: Situated in the heart of Shillington, across from Governor Mifflin High School, and within walking distance to community amenities.
    More about this property
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