536 Lancaster Avenue

Reading, PA
$ 295,000 Beds 0 Baths 0 Sq 5,000
Monthly Estimate* How much can I afford?

Mixed-used 4 unit apartment building with commercial space currently occupied by a church located next to Mingus Magic in the 18th ward redevelopment zone. The roof and gutters have been replaced and there are many replacement windows. The 4 apartments are comprised of 2- 2 bedroom apartments, 1 - 1 bedroom apartment with a bonus room, and 1 - 3 bedroom apartment. Landlord pays for water, sewer, trash, and hot water. The 4 apartment tenants pay for electric and heat (electric). 3 of the 4 apartments pay for cooking gas. 1 of the 4 apartments has an electric range. The commercial tenant has an excellent long-term history. The commercial pays for electric and gas heat.

Commercial

  • Price
  • $ 295,000
  • Lot Size
  • 7,841 SqFt
  • Bedrooms
  • 0
  • Sqr Footage
  • 5,000
  • Full Bathrooms
  • 0
  • Year Built
  • 1910
  • Half Bathrooms
  • 0
  • City, Zip
  • Reading
  • Taxes
  • $ 5762
  • County
  • BERKS
  • Style
  • Apartment Building,Religious Facility
  • Area
  • Reading City
  • MLS#
  • PABK373770
  • Zip
  • 19611
Listing Provided by: Beckham & Pierce, Inc
Data Source: Bright MLS

Features

General

Accessibility None
Business Type Apartment Building, Religious Facility
Construction Materials Brick
Cool Fuel None
Cooling None
County BERKS
Days on Market 85
Heating Baseboard - Electric, Forced Air
MLS Area Reading City (10201)
Municipality READING CITY
New Construction No
Ownership Fee Simple
Possession Immediate
Price Per Sq Ft 59.0
Property SubType Mixed Use
Property Type Commercial Sale
Sewer Public Sewer
Tax Annual Amount 5762.0
Tax Lot 7117
Tax Year 2020
Total Units 8
Vacation Rental Y/N No
Water Access Y/N No
Zoning RES

Interior Features

Central Air Y/N No
Heating Fuel Natural Gas, Electric
Heating Y/N Yes
Hot Water Natural Gas

Exterior Features

Building Area Total 5000.00
Car Parking Spaces 8
Lot Dimensions 0.00 x 0.00
Lot Size Acres 0.18
Lot Size Source Assessor
Lot Size Square Feet 7841.00
Navigable Water Y/N No
Total Parking Spaces 8
Type of Parking Parking Lot, On Street
Water Oriented Y/N No
Water Source Public
Water View Y/N No
Waterfront Y/N No

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Master On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Affordability Calculator

$2,869

Per Month

Based on the average sale price from the PHILADELPHIA, PA office

  • Monthly Principal & interest $1,740
  • Monthly Property Taxes $1,062
  • Monthly Home Insurance $67
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Let's determine your purchasing power. Working with my mortgage partner, you'll have the information you need to shop for a home with confidence.

Default based on a 30-year fixed rate of 3.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA, or jumbo loans.

Schools

Elementary School Unknown Elementary School
Middle School Unknown Middle School
High School Unknown High School

Price History

2/22/2021 Listed $340,000
3/16/2021 5% - $325,000
5/3/2021 10% - $295,000

Property vs Zip Code Average in 19611

Price
AVG $210K
$300K
Taxes
AVG $5,470
$5,762
Visits
AVG 42
25
Year Built
AVG 1936
1910
Walkscore
AVG 67
63
Data Provided by Walkscore ® not using MLS data

Map

Areas That We Cover

536 Lancaster Avenue Reading, PA is a Single Family Home for sale at $295000 with 5000 sqft and a lot size of 7,841 SqFt Acre(s). 536 Lancaster Avenue Reading has 0 bedrooms, 0 baths and was built in 1910. The property's zip code is 19611 which is in Reading, PA

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 3.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

All information deemed reliable, but not guaranteed, and should be independently verified. The real estate information and related content displayed on this site is provided for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.