221 Lancaster Ave Reading, PA 19607
- Investment properties
- 3,664 SF
- 0.14 lot acres
Current Use by Public Records
- Investment properties
Property Details for 221 Lancaster Ave
- Year built
- 1920
- Lot size
- 0.14 lot acres
- Property size
- 3,664 SF
- Property type
- Investment properties
- Property subtype
- Live-work space
- APN
- 4395-08-89-1285
- APU
- 439508891285
Description
This exceptional mixed-use property at 221 E Lancaster Avenue in Reading, PA presents a compelling investment opportunity. Situated on a 0.14-acre lot in Shillington's vibrant Lancaster Avenue business district, this well-maintained building offers 1,368 square feet of versatile space. The first floor, currently configured as a dental office, is easily adaptable to a variety of commercial uses, or could be converted to create a second residential rental unit, significantly increasing income potential. The second floor comprises a charming two-bedroom apartment, complete with updated replacement windows and a delightful screened-in rear porch offering private outdoor space. A separate private entrance adds to the apartment's appeal and enhances tenant privacy. Ample off-street parking is available at the rear of the property, providing convenient parking for both commercial and residential tenants. A detached single-car garage further enhances parking options and offers additional storage space or potential for generating extra rental income. This property's prime location, combined with its flexible layout and attractive features, makes it an ideal investment for those seeking strong rental returns and long-term appreciation. The asking price is $275,000.
Value Estimation
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Shillington
- County
- Berks
- State
- Pennsylvania
- Longitude
- -75.9633
- Latitude
- 40.3058
- CBSA code
- 39740
- CBSA name
- READING, PA METROPOLITAN STATISTICAL AREA
