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Property profile

401 Lancaster Ave Shillington, PA 19607

FOR SALE
Other investment properties
Property ID
US73-1930576
2,828 SF 0.19 ac lot Built 1947
Individually Owned 2-yr Hold ~ Est. High Equity
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Property summary

AI-generated overview

Located in Shillington Boro within the Governor Mifflin School District, this corner property features a historic brick facade with classic shutters, columns, and dual balconies. The main house includes an eat-in kitchen with white cabinetry and a light-filled interior, original hardwood floors in the formal dining room and spacious living room, and a brick gas fireplace. French doors open to a bright home office with a separate exterior entrance, a configuration that can support limited small-business use due to commercial zoning constraints. The upper level has four bedrooms and a full bathroom, and a remodeled walk-up attic with an additional bedroom, approximately 11-foot ceilings, new lighting, new carpeting, and refinished hardwood floors. The home is served by multiple heating sources, including gas radiant heat, mini-splits, and the gas fireplace. Exterior features include a private stone courtyard, a brick detached two-car garage, and a private driveway. A separate rear apartment provides three bedrooms and one full bathroom, with its own kitchen and living area; it has updated LVP flooring, new doors, and fresh interior finishes. The property has a size of 1,950 square feet and includes a lighted double-sided sign. It is positioned near community amenities such as the pool, parks, shopping, and schools, and is located across from Governor Mifflin High School.

Property profile

Verified
Property type Other investment properties
Use group OFFICE/RESIDENTIAL (MIXED USE)
Year built 1947
Total area 2,828 SF
Lot 0.19 ac (8,276 SF)
APN 4395-07-59-1164
UPID US73-1930576

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Real Estate Agency
  • Real Estate Agency

Location

401 Lancaster Ave Shillington, PA 19607
Shillington metro Census 11400 READING, PA METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$340k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$340k

Owner & transaction history

since 2024
Last sale
$339,900
1 recorded transaction
2024
$339,900

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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