#PABK2059926, Chad A Schlanger, Listing office: United Real Estate Strive 212
Property details
About 1427 Lancaster Ave
2 Unit - Prime opportunity on Lancaster Ave—where visibility, versatility, and value meet! This standout mixed-use property features a high-exposure first-floor commercial space (currently a thriving tattoo shop) and a stylish 1-bedroom apartment upstairs. Each unit has its own gas heat, central air, and electric—keeping things simple for owners or tenants. With parking for 8+ cars plus a 1-car garage, your clients, tenants, or customers will love the convenience. Whether you're an investor looking for strong returns or a business owner ready to live where you work, this property delivers. High traffic, huge potential—don’t let this one pass you by! BUSINESS IS NOT FOR SALE
Highlights
(ACTIVE)
Summary
- Garage Space: 1 space
- Parking: Other, Off Street,Detached Garage
- Architectural Style: A-Frame
- Heating: Forced Air
- Cooling: Central Air
- List Price: $349,900
- Price/SqFt: $213
- Annual Tax Amount: $2,705
- Tax Year: 2024
- Directions: ...
- Year Built: 1930
- Living Area: 1,638 SqFt
- Municipality: Reading City
- Lot Size: 0.21 Acres
- MLS Number: PABK2056706
- MLS Name: BRIGHT
- Office Name: Realty One Group Alliance
- Office Phone: (610) 484-8663
- Listing Agent: Nelson F Gamez
- Agent Phone: (484) 345-9135
- Agent Email: nelsongamezrealtor@gmail.com
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Price information
Property sales
Date | Event | Price |
---|---|---|
Jan 05, 2023 | Home Sold | $225,000 |
Tax history
Year | Assessment | Property Tax |
---|---|---|
2024 | $102,200 | $2,705 |
2023 | $102,200 | $4,467 |
2022 | $102,200 | $4,467 |
2021 | $102,200 | $4,467 |
2020 | $102,200 | $4,422 |
2019 | $102,200 | $4,422 |
2018 | $102,200 | $4,422 |
2017 | $102,200 | $4,393 |
History based on county public records data.
Nearby schools
5
Governor Mifflin Intermediate School
Public District 5-6
0.7 mi
•600 Governor Dr
5
Mifflin Park Elementary School
Public District KG-4
0.8 mi
•598 Governor Dr
6
Cumru Elementary School
Public District KG-4
0.9 mi
•601 Philadelphia Ave
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $43,077. Most Reading, PA residents have annual incomes between $35k-100k. Residents typically live in single, no kids family. Residents of this area typically have high school diploma education.
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Frequently asked questions
About 1427 Lancaster Ave
The listing price of 1427 Lancaster Ave property is $349,900.
The property 1427 Lancaster Ave is a multi located in Reading, Pennsylvania, 19607.
Active Listing: 1427 Lancaster Ave is For Sale (Active/New) which means the seller is accepting offers.
The nearby schools for 1427 Lancaster Ave are: Governor Mifflin Intermediate School (GreatSchools Rating 5/10), Mifflin Park Elementary School (GreatSchools Rating 5/10), Cumru Elementary School (GreatSchools Rating 6/10), Governor Mifflin Middle School (GreatSchools Rating 3/10), Southwest Middle School (GreatSchools Rating 4/10), Southern Middle School (GreatSchools Rating 4/10), Governor Mifflin High School (GreatSchools Rating 5/10), Wyomissing Area Jr. / Sr. High School (GreatSchools Rating 5/10), Wilson High School (GreatSchools Rating 7/10).
According to the records, the last property tax for 2024 is $2,705 (source: MLS/based on county public records data).
The last sale was on January 5, 2023 for $225,000 (source: MLS/tax record).
The property 1427 Lancaster Ave is 1,638 SqFt (source: MLS/tax record).
The year of construction for 1427 Lancaster Ave is 1930.
This home is located at 1427 Lancaster Ave in Reading, PA and zip code 19607 in the Oakbrook / Wyomissing Park neighborhood. This 1,638 square foot home, which was built in 1930, sits on a 0.21 acre lot. Features: 0 bathroom. It has been listed on Rocket Homes since April 30, 2025 and is currently priced at $349,900.
Between May and June 2025, Reading, PA real estate market has seen increase in the number of listings by 92.2%. In June 2025 median list price was $279,900 and the average listing age was 40 days.