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Laureldale, PA Multifamily Home for Sale

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    $675,000

    • Studio
    • 5,322 Sq Ft

    1600 and 1608 Elizabeth, Reading, PA 19605

    Dual Income Opportunity! Commercial Building plus a residential home with high visibility.Rare combination of a fully leased restaurant space and a separate residential home. Ideal for investors! Commercial building is currently leased for $4,500/month currently used as a restaurant, which includes a separate garage plus an off street parking lot. The adjacent home offers 3

    Agent Photo

    Jerry Buffa

    Coldwell Banker Realty

    (484) 946-4507

    1600 and 1608 Elizabeth, Reading, PA 19605

Why Live in Laureldale

Laureldale, Pennsylvania, is a small borough formed from a section of Muhlenberg Township in 1930, with a population of approximately 4,277 people and spanning .6 square miles. The community features single-family homes and semi-detached houses, showcasing traditional, bungalow, and Cape Cod architecture. Yard sizes are typically less than ¼ acre, and most homes do not have garages. The area is characterized by sidewalks and mature oak trees, with roads laid out in a grid pattern. Residents benefit from local amenities, including a dedicated police force, fire department, and public works. The local government is noted for its responsiveness and helpfulness. Laureldale is conveniently close to shops and dining options, with Target and Giant less than a 2-mile drive away. Hershey Harvest offers nitrate-free, preservative-free homemade foods just 1 mile away. Dining options include Margherita Restaurant and Bar, Shirley’s Café and Tequila Bar, and Grumpy’s Bar. The community is within walking distance of Muhlenberg schools, which have high ratings. Local parks such as Laureldale Playground and Dominic Manzella Park provide recreational opportunities, including playgrounds, pavilions, and sports areas. The Reading Blue Mountain and Northern Passenger Railroad, 1.5 miles away, offers scenic train rides with historic steam engines. Residents typically drive 7 miles to Reading Regional-Carl A. Spaatz Field Airport via Pennsylvania Route 12.

Home Trends in Laureldale, PA

Housing Trends

Median Sale Price
$220,000
Median Single Family Sale Price
$221,200
Median Townhouse Sale Price
$130,000
Average Price Per Sq Ft
$194
Number of Homes for Sale
2
Last 12 months Home Sales
15
Months of Supply
1.60
Median List Price
$221,000
Median Change From 1st List Price
0%
Median Home Sale Price YoY Change
-1%
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