$479,900

401 E Lancaster Ave Reading, PA 19607

Estimated payment $3,004/month

Total Views 4,128
-- Bed
-- Bath
3,900 Sq Ft
$123 Price per Sq Ft

Highlights

  • Very Popular Property
  • Colonial Architecture
  • 1 Fireplace
  • Rooftop Deck
  • Wood Flooring
  • Multiple Balconies

About This Home

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. Current tenant is in the process of vacating the property. Seller will have property cleaned and prepared for showings. For investors looking to add this property to your investment portfolio; main home recently rented for $2,200 per month, the lower-level apartment 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

Mario Di Nenna

(610) 396-7048 realestatelogistics@hotmail.com Springer Realty Group Listed on: 12/03/2025

Springer Realty Group

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
  • 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

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,846

Year Built

Built in 1929

Lot Details

0

Parking

2

Listing Details

  • Property Type: Multi-Family
  • Property Sub Type: Duplex
  • Structure Type: Detached
  • Architectural Style: Colonial
  • Ownership: Fee Simple
  • Exclusions: Sellers Personal Property
  • Inclusions: All appliances, all As-Is condition and of No Value
  • New Construction: No
  • Year Built: 1929
  • Special Features: None

Interior Features

  • Appliances: Microwave, Refrigerator, Water Heater, Oven/Range - Electric, Dishwasher
  • Flooring Type: Hardwood, Tile/Brick, Carpet
  • Interior Amenities: Built-Ins, Kitchen - Eat-In, Store/Office, Wood Floors, Carpet, Ceiling Fan(s)
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Foundation Details: Concrete Perimeter
  • Basement: No
  • Total Sq Ft: 3900
  • Living Area Sq Ft: 3900
  • Price Per Sq Ft: 165.48
  • Above Grade Finished Sq Ft: 2900
  • Below Grade Finished Sq Ft: 1000
  • Total Below Grade Sq Ft: 1000
  • Above Grade Finished Area Units: Square Feet

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Other Structures List: Garage(s)
  • Construction Materials: Brick
  • Exterior Features: Extensive Hardscape, Exterior Lighting, Sidewalks, Street Lights, Roof Deck
  • Roof: Pitched, Shingle
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage Spaces: 2.00
  • Garage: Yes
  • Parking Features: Asphalt Driveway
  • Garage Features: Additional Storage Area, Oversized
  • Number Of Detached Garage Spaces: 2
  • Total Garage And Parking Spaces: 4
  • Type Of Parking: Detached Garage, Driveway
  • Number of Spaces in Driveway: 2

Utilities

  • Central Air Conditioning: No
  • Cooling Fuel: Electric
  • Cooling Type: Ductless/Mini-Split
  • Electric Service: 100 Amp Service
  • Heating Fuel: Natural Gas
  • Heating Type: Hot Water
  • Heating: Yes
  • Hot Water: Natural Gas
  • Sewer/Septic System: Public Sewer
  • Utilities: Cable Tv Available, Electric Available, Natural Gas Available, Sewer Available, Water Available
  • Water Source: Public
  • Internet Services: Cable

Condo/Co-op/Association

  • Association Recreation Fee: No

Schools

  • School District Source: Listing Agent

Lot Info

  • Lot Size Acres: 0.15
  • Lot Dimensions: 0.00 x 0.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 6534.00
  • Outdoor Living Structures: Balconies- Multiple, Patio(s)
  • Property Condition: Very Good
  • Zoning: LIMITED COMMERICAL

Rental Info

  • Ground Rent Exists: No
  • Ground Rent Pymnt Freq: Annually
  • Rent Control: No
  • Vacation Rental: No

Tax Info

  • School Tax: 3922.00
  • School Tax Pymnt Freq: Annually
  • Tax Annual Amount: 5846.00
  • Assessor Parcel Number: 77-4395-08-89-8694
  • Tax Lot: 8694
  • County Tax Payment Frequency: Annually
  • Tax Year: 2025

MLS Schools

  • School District Name: GOVERNOR MIFFLIN

Map

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
12/02/2025 12/02/25 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
Source: Bright MLS

Purchase History

Date Type Sale Price Title Company
Deed $375,000 None Listed On Document
Deed $207,500 Heartland Abstract
Interfamily Deed Transfer -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $425,000 New Conventional
Previous Owner $166,000 Future Advance Clause Open End Mortgage
Source: Public Records

Source: Bright MLS

MLS Number: PABK2065584

Bright MLS

APN: 77-4395-08-89-8694