200 W Lancaster Avenue Reading, PA $ 1,250,000
200 W Lancaster Avenue
$ 1,250,000
Foreclosure
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200 W Lancaster Avenue

Reading, PA, 19607
$ 1,250,000
Bedrooms15 Baths0.0

Monthly Estimate*

$ 7,696

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Multi-Family Home for sale in Reading, PA

for $1,250,000 with 15 bedrooms. This home was built in 1910 on a lot size of 0.3.

15 UNIT BUILDING. This commercial property in the heart of downtown Shillington offers a prime investment opportunity with a level 0.3-acre lot. Built in 1910, the structure features a mix of durable materials including brick, concrete, and stucco, ensuring longevity and low maintenance. The property is in below-average condition, presenting a chance for value-add renovations that can significantly increase rental income or resale value. Strategically located less than 10 miles from the airport and within a mile of public transportation, it boasts excellent accessibility, enhancing its appeal to potential tenants. Parking options include private garages and surface lots, catering to various business needs. Investors can capitalize on the growing demand for commercial spaces in urban settings, with the potential for strong returns through strategic improvements and leasing. This property is a solid addition to any investment portfolio, offering both immediate and long-term financial benefits. CLEAN Phase I enviromental assessment report

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Multi-Family Active

Price

$ 1,250,000

Bedrooms

15

Property Type

Multi-Family

Taxes

$ 7,549

Style

Lot Size

0.3

Year Built

1910

Town/City

Reading

County/Region

Berks

MLS | Web ID

PABK2067046

Features
General
Living Area 15000
Sewer Public Sewer
Heating Hot Water
Cooling None
Possession 0-30 Days CD 31-60 Days CD Immediate
Zoning R2
Garage Spaces 3.00
Architectural Style Other
Construction Materials Block Brick Masonry Stucco Frame
School District GOVERNOR MIFFLIN
Year Built 1910
Property Subtype Other
Tax Year 2025
Ownership Fee Simple
Cool Fuel None
Municipality SHILLINGTON BORO
Accessibility None
County BERKS
New Construction N
Property Type Multi-Family
Garage Y/N Y
Water Access Y/N N
Other Structures Above Grade
Total Rooms 60
Status ACTIVE
Directions W on Lancaster Ave out of Reading PA
City READING
Disclosures None
Number Of Units Total 4
MLS Area Shillington Boro (10277)
Lot Size Units Square Feet
Lot Size Square Feet 13068.00
Number of Units Leased 15
Tax Annual Amount 7549.0
Home Warranty Y/N N
Two Bedroom 0
Structure Type Detached
Price Per Sq Ft Total AG 83.33
Acceptable Financing Cash Conventional Private
Historic Y/N N
Rent Control Y/N N
Vacation Rental Y/N N
Location Type Urban
Lease Type None
Standard Status Active
Year Built Source Estimated
Cap Rate 25.00
Association Recreation Fee N
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Interior
Heating Fuel Natural Gas
Basement Full
Hot Water Natural Gas
Basement (Y/N) Y
Heating Y/N Y
Central Air Y/N N
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Exterior
Pool No Pool
Water Source Public
Garage Features Other
Type of Parking Detached Garage On Street Parking Lot
Foundation Details Block Brick/Mortar Concrete Perimeter
Water View Y/N N
Lot Size Acres 0.30
Lot Size Source Estimated
Waterfront Y/N N
Navigable Water Y/N N
Water Oriented Y/N N
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Internal Only
Street Number 1 200
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* Excluded Features
List By
Destination Realty Llc

Broker

bertskiis@msn.com

Email

Affordability Calculator

$8,326
Per Month
92%
8%
0%
Monthly Principal & Interest
$7,696
Monthly Property Taxes
$629
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.25% 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.
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Nearby
2136886 Elementary School
2137009 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
1/8/2026$1,250,000 Listed Price

Map


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200 W Lancaster Avenue, Reading, PA, 19607 is a Multi-Family Home for sale at $1,250,000 with a lot size of 0.3. 200 W Lancaster Avenue has 15 bedrooms, 0.0 baths, and was built in 1910. The property's zip code is 19607 which is in Reading, PA