401 E Lancaster Ave Reading, PA 19607
Estimated payment $2,979/month
Highlights
- Rooftop Deck
- Wood Flooring
- Multiple Balconies
- Colonial Architecture
- 1 Fireplace
- 2 Car Detached Garage
About This Home
Back on the market due to buyers deciding not to move forward. Step into this exceptional corner property with lovely curb appeal in the heart of Shillington—a home that blends timeless charm with rare versatility. From the moment you arrive, the historic brick facade, accented by classic shutters, graceful columns, and dual balconies, sets the tone for the character found throughout. The main home welcomes you with a light-filled, eat-in kitchen featuring white cabinetry, generous counter space, and tile flooring. Original hardwood floors continue through the formal dining room and into the spacious living room, where a beautifully detailed brick gas fireplace creates a warm and inviting centerpiece. French doors lead to a bright home office with its own separate exterior entrance, offering an ideal setup for a small business or private workspace. The charm continues upstairs with four comfortable bedrooms and a full bath, while the fully remodeled walk-up attic offers a stunning additional bedroom with soaring 11-foot ceilings, new lighting, new carpeting, and abundant natural light—an unexpected retreat tucked beneath dramatic roof lines. Multiple heating sources, including gas radiant heat, mini-splits, and the gas fireplace, ensure year-round comfort. Outside, a private stone courtyard provides an inviting space for gathering, relaxing, or entertaining. Beyond the courtyard sits the spacious brick two-car detached garage with a private driveway. The property also includes a separate three-bedroom, one-bath rear apartment, complete with its own kitchen and living area—perfect for rental income, extended family, or limited commercial use permitted by zoning. Recently updated with all new LVP flooring, new doors, and fresh paint throughout. All of this is located just a short walk to the community pool, local parks, shopping, and schools, with right across from sought after Governor Mifflin High School, making this home a rare combination of space, charm, convenience, and income-producing potential. A truly one-of-a-kind opportunity in the heart of Shillington. For investors looking to add this property to your investment portfolio; main home rented for $2,200 per month, the lower-level apartment recently rented for $1,400 and finally the office space separately projected at $900 per month, and detached garage rent for $300-$400 per month. Included in the sale is the lighted double-sided sign for business that reaches a high daily traffic count.
Listing Agent
(484) 498-4000 realestatelogistics@hotmail.com Springer Realty Group Brokerage Phone: 4844984000 Listed on: 12/03/2025
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $5,846
Year Built
- Built in 1929
Lot Details
- 6,534 Sq Ft Lot
- Extensive Hardscape
- Property is in very good condition
Parking
- 2 Car Detached Garage
- 2 Driveway Spaces
- Oversized Parking
- Parking Storage or Cabinetry
Home Design
- Duplex
- Colonial Architecture
- Brick Exterior Construction
- Pitched Roof
- Shingle Roof
- Concrete Perimeter Foundation
Interior Spaces
- Built-In Features
- Ceiling Fan
- 1 Fireplace
Kitchen
- Eat-In Kitchen
- Electric Oven or Range
- Microwave
- Dishwasher
Flooring
- Wood
- Carpet
- Tile or Brick
Outdoor Features
- Multiple Balconies
- Rooftop Deck
- Patio
- Exterior Lighting
Utilities
- Ductless Heating Or Cooling System
- Heating System Uses Natural Gas
- Hot Water Heating System
- 100 Amp Service
- Natural Gas Water Heater
- Cable TV Available
Community Details
- 2 Units
Listing and Financial Details
- Tax Lot 8694
- Assessor Parcel Number 77-4395-08-89-8694
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 | $2,008 | $124,300 | $33,800 | $90,500 |
| 2024 | $5,666 | $124,300 | $33,800 | $90,500 |
| 2023 | $5,519 | $124,300 | $33,800 | $90,500 |
| 2022 | $5,456 | $124,300 | $33,800 | $90,500 |
| 2021 | $5,394 | $124,300 | $33,800 | $90,500 |
| 2020 | $5,394 | $124,300 | $33,800 | $90,500 |
| 2019 | $5,332 | $124,300 | $33,800 | $90,500 |
| 2018 | $5,270 | $124,300 | $33,800 | $90,500 |
| 2017 | $5,172 | $124,300 | $33,800 | $90,500 |
| 2016 | $1,768 | $124,300 | $33,800 | $90,500 |
| 2015 | $1,768 | $124,300 | $33,800 | $90,500 |
| 2014 | $1,616 | $124,300 | $33,800 | $90,500 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 12/11/2025 12/11/25 | For Sale | $479,900 | 0.0% | $123 / Sq Ft | |
| 12/06/2025 12/06/25 | Off Market | $479,900 | -- | -- | |
| 12/03/2025 12/03/25 | For Sale | $479,900 | +131.3% | $123 / Sq Ft | |
| 06/23/2016 06/23/16 | Sold | $207,500 | -1.2% | $106 / Sq Ft | View Prior Sale |
| 04/18/2016 04/18/16 | Pending | -- | -- | -- | |
| 03/06/2016 03/06/16 | Price Changed | $210,000 | -4.5% | $108 / Sq Ft | |
| 02/14/2016 02/14/16 | Price Changed | $219,900 | -2.2% | $113 / Sq Ft | |
| 12/16/2015 12/16/15 | For Sale | $224,900 | -- | $115 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Deed | $375,000 | None Listed On Document | |
| Deed | $207,500 | Heartland Abstract | |
| Interfamily Deed Transfer | -- | -- |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $425,000 | New Conventional | |
| Previous Owner | $166,000 | Future Advance Clause Open End Mortgage |
Source: Bright MLS
MLS Number: PABK2065584
APN: 77-4395-08-89-8694
- 448 Gregg St
- 429 Devon Terrace
- 311 Lynoak Ave
- 526 Harding Ave
- 511 Grill Ave
- 131 E Elm St
- 405 State St
- 204 High Blvd
- 1716 Liggett Ave
- 1504 Old Mill Rd
- 24 Philadelphia Ave
- 118 Gretchen Dr
- 135 Chestnut St
- 512 Mifflin Blvd
- 320 Hillside Dr
- 202 Museum Rd
- 200 W Lancaster Ave
- 31 S Sterley St Unit 401
- 1617 Meadowlark Rd
- 1378 Kenhorst Blvd
- 34 E Lancaster Ave Unit 1
- 16 Philadelphia Ave
- 101 W Lancaster Ave Unit 2fl Apartment
- 312 W Lancaster Ave Unit 2ND FLOOR
- 1401 Pershing Blvd
- 1375 Pershing Blvd Unit 601
- 1217 Sheridan St
- 312 Amy Ct
- 1957 Lincoln Ave
- 1334 W Wyomissing Ct
- 525 Dorchester Ave
- 1342 W Wyomissing Ct
- 612 Frederick St
- 399 Sunset Rd
- 1201 Penn Ave Unit 3
- 555 Chestnut St Unit REAR UNIT
- 35 W Wyomissing Ave
- 3 Grape St
- 100 N Park Rd
- 334 Penn Ave Unit 1st Floor
Ask me questions while you tour the home.