Coldwell Banker Home Page
Local Realty Service Provided By: Coldwell Banker Realty
Property view
Listing view 2
Listing view 3

948 Lancaster Ave, 
Reading, PA 19607

$560,000


10

Beds


Bath


-

Sq Ft


Multi-Family

Pending

Listed by

Chad A Schlanger

United Real Estate Strive 212

Last updated:

August 1, 2025, 07:21 AM

MLS#

PABK2059926

Source:

BRIGHTMLS

About This Home

948 Lancaster Ave

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.

Home Facts

Multi-Family

10 Bedrooms

Built in 1920

Price Summary

560,000

MLS #:

PABK2059926

Last Updated:

August 1, 2025, 07:21 AM

Added:

21 day(s) ago


Rooms & Interior

Bedrooms

Total Bedrooms:

10


Structure

Structure

Architectural Style:

Traditional

Year Built:

1920


Lot

Lot Size (Sq. Ft):

5,227


Finances & Disclosures

Finances

Price:

$560,000

Source:BRIGHTMLS
The information being provided by Bright MLS is for the consumer’s personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The information is deemed reliable but not guaranteed and should therefore be independently verified. © 2025 Bright MLS All rights reserved.

Contact an Agent

Yes, I would like more information from Coldwell Banker. Please use and/or share my information with a Coldwell Banker agent to contact me about my real estate needs.

By clicking Contact I agree a Coldwell Banker Agent may contact me by phone or text message including by automated means and prerecorded messages about real estate services, and that I can access real estate services without providing my phone number. I acknowledge that I have read and agree to the Terms of Use and Privacy Notice.

 

Contact an Agent

Yes, I would like more information from Coldwell Banker. Please use and/or share my information with a Coldwell Banker agent to contact me about my real estate needs.

By clicking Contact I agree a Coldwell Banker Agent may contact me by phone or text message including by automated means and prerecorded messages about real estate services, and that I can access real estate services without providing my phone number. I acknowledge that I have read and agree to the Terms of Use and Privacy Notice.