948 Lancaster Avenue is being offered as part of a package with the adjoining property at 946 Lancaster Avenue—the sales price reflects both properties. Together, they comprise a total of seven units, offering a strong investment opportunity with mixed-use potential. The combined buildings feature four two-bedroom apartments, two one-bedroom unit and a commercial storefront. There is a shared laundry area, providing additional income potential. Off-street parking for at least three vehicles is available in the rear lot, along with two garages that fit up to three cars. A large backyard is shared between both buildings, offering outdoor space for tenants. While the properties could benefit from some updating, their layout, location, and income-generating potential make them an excellent opportunity for value-minded investors.
Multi-familyProperty Type
1920Year Built
5,227 sq ftLot Size
3 car garageParking
Listed by Chad Schlanger• United Real Estate Strive 212
•610-372-0212 (broker)
•urestrive212@gmail.com (broker)
Bought with Chad Schlanger• United Real Estate Strive 212
*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.
Public record
Public record
Zoning
Beds
—
Baths
—
Stories
2
Lot width
—
Lot depth
—
Lot size
5,227 Sq. Ft.
Year renovated
—
Sq. Ft.
4,104
Year built
1915
Style
Single Family Residential
County
Berks County
APN
18530618329407
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on May 8, 2023.
C-H
Commercial Highway District
The C-H Commercial Highway District includes locations along major roadways and are designed to allow for automobile-oriented businesses as well as high-intensity linear retail development.
Permitted uses
Include but are not limited to:
Bank
Laundromat
General retail
Restaurant
Office
Fire house
Golf related
Veterinary clinic
Property details
Parking
Parking Information
# of Detached Garage Spaces: 3
Garage Features: Garage - Side Entry, Garage - Rear Entry, Additional Storage Area
# of Total Garage and Parking Spaces: 3
Has Garage
# of Garage Spaces: 3
Alley, Detached Garage, On Street
Interior
Interior Information
Living Area Sq.Ft. Source: Assessor
Exterior
Property Information
Total Below Grade Sq. Ft.: 0
Improvement Assessed Value: $51,400
Ownership Interest: Fee Simple
Year Built Source: Estimated
Building Information
# of Units (Total): 3
Construction Materials: Stone
Foundation Details: Stone
Other Structures: Above Grade, Below Grade
Structure Type: Semi-Detached
Lot Information
Lot Size Dimensions: 0.00 x 0.00
Lot Dimensions Source: Assessor
Tidal Water: No
Land Information
Land Assessed Value: $60,400
Above Grade Information
Finished Sq.Ft. Source: Assessor
Below Grade Information
Unfinished Sq.Ft. Source: Assessor
Finished Sq.Ft. Source: Assessor
Financial
Tax Information
City/Town Tax: $2,027
County Tax: $1,008
School Tax: $2,005
Tax Assessed Value: $111,800
Tax Year: 2025
Tax Annual Amount: $5,039
Assessments Information
Year Assessed: 2025
Utilities
Utilities Information
Forced Air, Radiator
Heating Fuel: Oil
Hot Water: Electric
Sewer Septic: Public Sewer
Water Source: Public
Location
Multi Unit Information
# of One Bedroom Units: 2
# of Two Bedroom Units: 4
# of Vacant Units: 5
# of Month To Month Units: 2
Other Units: Unit 1
School Information
School District Name: READING
School District Source: Listing Agent
Location Information
Directions: Properties are located directly across the street from Piazza Honda/Acura
Municipality: READING CITY
Public facts
Beds: —
Baths: —
Sq. Ft.: 4,104
Stories: 2.0
Lot Size: 5,227 square feet
Style: Single Family Residential
Year Built: 1915
Year Renovated: —
County: Berks County
APN: 18530618329407
Home facts updated by county records on May 7, 2023
Around this home
Schools
Millmont El School
Public PreK-4 • Assigned • 0.7mi
3/10
Central Middle School
Public 5-8 • Assigned • 2.3mi
3/10
Reading Senior High School
Public 9-12 • Assigned • 2.8mi
1/10
Provided by GreatSchools
Lifestyle
Provided by Walk Score and Local Logic
Climate risks
5/10 Flood Factor
Estimated 11-17% chance of a flood reaching the building in the next 30 years
1/10 Fire Factor
Unlikely to be in a wildfire in next 30 years
6/10 Heat Factor
7 days above 100° expected this year, 16 days in 30 years
4/10 Wind Factor
14% chance of strong winds in next 30 years
3/10 Air Factor
1 unhealthy days expected this year, 4 days in 30 years
Provided by First Street
Historical weather
Reading, PA • 19607
Average low and high temperatures (°F)
34
21
39
25
57
37
65
45
71
54
82
63
87
69
80
61
78
60
67
47
54
39
40
27
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Sun exposure
In this area, properties receive around 9.1 hours in
June and 4 hours in December, placing it below the
U.S. average for solar exposure.
9.1 hrs
4 hrs
JuneDecember
Provided by Shadowmap
Estimated sale price
$523,000 – $633,000
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