1427 Lancaster Ave Reading, PA 19607
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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The information provided by this website is for the personal, non-commercial use of consumers and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale on this website may no longer be available because they are under contract, have sold or are no longer being offered for sale. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. This home sale information is not to be construed as an appraisal and may not be used as such for any purpose.
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Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 5/22/2025, 5:20:39 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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$349,900
1427 Lancaster Ave
$4,155
closing credit¹
Sell your home with Rocket and save even more!
Seller rebate
0.5% sale price²
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. Typical income of Reading, PA residents is between $35k-100k annually. Typical family type is single, no kids. The majority of residents in this area have high school diploma education.
How much money do the neighbors make?
What level of education do the neighbors have?
What types of families live nearby?
Are the neighbors home owners or renters?
How old are people in this area?
What do the neighbors do for fun?
Horse Races
Pro Boxing
NHRA Drag Racing
Where do the neighbors shop?
Stein Mart
Family Dollar
Big Lots
Where do the neighbors go to eat?
LongHorn Steakhouse
White Castle
Golden Corral
What do the neighbors drive?
Buick
Chevrolet
Kia
What do the neighbors listen to?
Contemporary Inspirational
Rock
Adult Standards
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.
The number of homes for sale in Reading, PA increased by 94.5% between March and April 2025. The median list price of listings available in April 2025 was $279,949, while the average time on the real estate market was 42 days.