1427 Lancaster Ave Reading, PA 19607
Liggett NeighborhoodEstimated payment $2,275/month
Highlights
- A-Frame Home
- Forced Air Heating and Cooling System
- 5-minute walk to Brookline Park
- 1 Car Detached Garage
About This Home
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
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $4,606
Year Built
- Built in 1930
Lot Details
- 9,147 Sq Ft Lot
Parking
- 1 Car Detached Garage
- 8 Off-Street Spaces
Home Design
- 1,638 Sq Ft Home
- Duplex
- A-Frame Home
Utilities
- Forced Air Heating and Cooling System
- Natural Gas Water Heater
Community Details
- 2 Units
Listing and Financial Details
- Tax Lot 6307
- Assessor Parcel Number 18-5306-17-11-6307
Map
Home Values in the Area
Average Home Value in this Area
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $2,774 | $102,200 | $72,200 | $30,000 |
| 2024 | $4,538 | $102,200 | $72,200 | $30,000 |
| 2023 | $4,468 | $102,200 | $72,200 | $30,000 |
| 2022 | $4,468 | $102,200 | $72,200 | $30,000 |
| 2021 | $4,468 | $102,200 | $72,200 | $30,000 |
| 2020 | $4,423 | $102,200 | $72,200 | $30,000 |
| 2019 | $4,423 | $102,200 | $72,200 | $30,000 |
| 2018 | $4,423 | $102,200 | $72,200 | $30,000 |
| 2017 | $4,394 | $102,200 | $72,200 | $30,000 |
| 2016 | $2,510 | $102,200 | $72,200 | $30,000 |
| 2015 | $2,510 | $102,200 | $72,200 | $30,000 |
| 2014 | $2,310 | $102,200 | $72,200 | $30,000 |
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 04/30/2025 04/30/25 | For Sale | $349,900 | -- | $214 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Deed | $225,000 | Stewart Title | |
| Deed | $72,500 | -- |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $180,000 | New Conventional | |
| Previous Owner | $80,000 | Commercial |
Source: Bright MLS
MLS Number: PABK2056706
APN: 18-5306-17-11-6307
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