NOT LISTED FOR SALE

312 W Lancaster Ave Reading, PA 19607

-- Bed
3 Baths
8,905 Sq Ft
10,454 Sq Ft Lot

Last Sold June 30, 2023

Last sale price $560,000 $63 Per Sq Ft

4 Days on Market

Highlights

  • 24-Hour Security
  • Victorian Architecture
  • 90% Forced Air Heating and Cooling System
  • 0.24 Acre Lot
  • Halls are 36 inches wide or more
  • Electric Baseboard Heater

About This Home

As of June 2023

6 unit apartment building including 3 efficiency apartments, 2 one bedroom apartments and 1 two/three bedroom apartment. There is also a dental office with 6 dental exam rooms, lab, waiting room, conference room and private offices all on the first floor. The dental office is handicap accessible with level entry into the building, ADA compliant hallways and bathroom facilities. Current rental income from the apartments is $38,000 yearly. Yearly income from the dental office is $24,000 (estimated) Expenses:
Insurance $5,092, Electric $5,156 Gas $1,547 Water/Sewer $5,227 Trash $5,735.

Last Listed By

Randy Weeber

RE/MAX Of Reading License #AB046770L Listed on: 06/05/2023

RE/MAX Of Reading

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $13,154

Year Built

  • Built in 1900

Lot Details

  • 10,454 Sq Ft Lot
  • Property is in good condition

Home Design

  • Victorian Architecture
  • Flat Roof Shape
  • Brick Exterior Construction
  • Poured Concrete
  • Pitched Roof
  • Shingle Roof
  • Aluminum Siding
  • Concrete Perimeter Foundation

Partially Finished Basement

  • Heated Basement
  • Basement Fills Entire Space Under The House
  • Connecting Stairway
  • Interior and Exterior Basement Entry

Parking

  • 20 Open Parking Spaces
  • 20 Parking Spaces
  • Parking Lot

Accessible Home Design

  • Halls are 36 inches wide or more

Utilities

  • 90% Forced Air Heating and Cooling System
  • Cooling System Mounted In Outer Wall Opening
  • Hot Water Baseboard Heater
  • Electric Baseboard Heater
  • 200+ Amp Service
  • Natural Gas Water Heater
  • Municipal Trash

Community Details

  • 24-Hour Security

Listing and Financial Details

  • Tax Lot 2049
  • Assessor Parcel Number 18-5306-49-65-2049

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$13,154

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Structure Type: Detached
  • Architectural Style: Victorian
  • Accessibility Features: 36"+ Wide Halls
  • Ownership: Fee Simple
  • New Construction: No
  • Year Built: 1900
  • Automatically Close On Close Date: No
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 0

Interior Features

  • Foundation Details: Concrete Perimeter
  • Basement: Yes
  • Basement Type: Full, Interior Access, Outside Entrance, Partially Finished, Poured Concrete, Improved, Heated, Connecting Stairway
  • Total Sq Ft: 8905
  • Living Area Sq Ft: 8905
  • Price Per Sq Ft: 74.26
  • Above Grade Finished Sq Ft: 7405
  • Below Grade Finished Sq Ft: 1500
  • Total Below Grade Sq Ft: 1500
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 312

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Brick, Aluminum Siding
  • Exterior Features: Fire Escape
  • Roof: Flat, Pitched, Shingle
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Total Garage And Parking Spaces: 20
  • Type Of Parking: Parking Lot
  • Parking Lot Number Of Spaces: 20

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Wall Unit, Central A/C
  • Monthly Average Electric: 430
  • Previous Twelve Months Electric Expense: 5156.27
  • Electric Service: 200+ Amp Service
  • Heating Fuel: Electric, Natural Gas
  • Heating Type: 90% Forced Air, Baseboard - Electric, Baseboard - Hot Water
  • Heating: Yes
  • Hot Water: Natural Gas, Electric
  • Security: 24 Hour Security
  • Sewer/Septic System: Public Sewer
  • Monthly Water Average: 436
  • Water Previous Twelve Months: 5227.00
  • Water Source: Public
  • Municipal Trash: Yes

Condo/Co-op/Association

  • Association Recreation Fee: No

Schools

  • School District: READING
  • School District Key: 300200397169
  • School District Source: Listing Agent

Lot Info

  • Land Use Code: 4119
  • Lot Size Acres: 0.24
  • Lot Dimensions: 0.00 x 0.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 10454.00
  • Property Condition: Good
  • Year Assessed: 2023
  • Zoning: C-H COMMERCIAL HIGHWAY DI

Rental Info

  • Ground Rent Exists: No
  • Vacation Rental: No

Tax Info

  • School Tax: 5395.00
  • Tax Annual Amount: 13154.00
  • Assessor Parcel Number: 18-5306-49-65-2049
  • Tax Lot: 2049
  • County Tax Payment Frequency: Annually
  • Tax Year: 2022
  • Close Date: 06/30/2023

Multi Family

  • Single Room Units Count: 3

MLS Schools

  • School District Name: READING

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/30/2023 06/30/23 Sold $560,000 +1.8% $63 / Sq Ft
06/09/2023 06/09/23 Pending -- -- --
06/05/2023 06/05/23 For Sale $549,900 -- $62 / Sq Ft
Source: Bright MLS

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Randy Weeber

    Seller's Agent in 2023

    Randy Weeber

    RE/MAX of Reading

    (610) 858-4134

    4 in this area

    150 Total Sales

    Randy Weeber
    Section Image
See All Agents

Map

Source: Bright MLS

MLS Number: PABK2030626

Bright MLS

APN: 4395-07-58-2900

Pennsylvania Berks County Reading 19607

312 W Lancaster Ave, Reading, PA

Homes for Sale in Reading, PA

This home is located at 312 W Lancaster Ave, Reading, PA 19607 since 05 June 2023. This property was built in 1900. 312 W Lancaster Ave is a home located in Berks County with nearby schools including Cumru Elementary School, Governor Mifflin Intermediate School, and Governor Mifflin Middle School.

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