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401 E Lancaster Avenue , Reading, PA 19607

$499,900
  • 401 E Lancaster Avenue , Reading, PA 19607 Main Photo

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New to the Market ACTIVE
BEDS0 BATHS SQUARE FEET1,950 MLS#PABK2071796
STATUSACTIVE PROPERTY TYPEMulti Unit - Multiple SCHOOLGOVERNOR MIFFLIN

Property Description

Come to our Open House this weekend, May 8th and 9th from Noon to 2:00 PM. Step into this exceptional corner property with lovely curb appeal in the heart of Shillington—a home that blends timeless charm with rare versatility. Dynamic property with endless possibilities! Use the entire home as your private residence, live in the main house while generating income from the basement apartment, or take advantage of the limited commercial zoning by operating your business from the private office space. Investors can also appreciate the opportunity to rent both units for maximum income potential. The moment you arrive you are greeted by 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, refinished hardwood floors, 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 forgathering, 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 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. Seller is a PA Licensed Realtor.

401 E Lancaster Avenue | MLS# PABK2071796

This multi-family property located at 401 E Lancaster Avenue , Reading, PA 19607 is currently listed for sale with an asking price of $499,900. E Lancaster Avenue is located within the GOVERNOR MIFFLIN school district. Search Reading real estate on www.realtymark.net today.

Property Features

Property Type: Multi Unit - Multiple
Basement: Full
Basement: Yes
Cooling: Central A/C
Fuel Type: Natural Gas
Garage: 2
Heating: Hot Water
Home Style: Colonial
Lot Size: 0.15 Acres
Taxes: $6,125
Year Built: 1929

Feature Descriptions

Additional Structures: Above Grade, Below Grade
Appliances: Dishwasher, Microwave, Oven/Range - Electric, Refrigerator, Washer/Dryer Hookups Only, Water Heater
Exterior: Brick
Exterior: Extensive Hardscape, Exterior Lighting, Roof Deck, Sidewalks, Street Lights
Flooring: Hardwood
Interior: Built-Ins, Kitchen - Eat-In, Store/Office, Wood Floors
Lot Dimensions: 0.15 Acre(S)
Municipality: SHILLINGTON BORO
Parking Notes: Asphalt Driveway
Sewer: Public Sewer
Special View Info: Courtyard
Structure Type: Detached
Total Garage/Parking Spaces: 2
Units: 2
Utilities: Cable TV Available, Electric Available, Natural Gas Available, Sewer Available, Water Available
Water: Public

Local Schools

School District: GOVERNOR MIFFLIN

Listed By / Shown By

Listed By

Agency Name: Springer Realty Group
Agency Phone: 4844984000

Shown By

Agency Title: RealtyMark
Agency Phone: 888-260-0400

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Estimated Payment

$ 1,768.78 per month $1,112.56 Principal & Interest $510.42 Property Tax $145.80 Homeowner's Insurance

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All commissions are negotiable Disclaimer: All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information on this site was last updated 05/07/2026. The listing information on this page last changed on 05/07/2026. The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of Delta Media Group MLS (last updated Thu 05/07/2026 12:00:01 AM EST) or Stellar MLS (last updated Wed 05/06/2026 11:44:18 PM EST) or GSMLS (last updated Wed 05/06/2026 11:54:12 PM EST) or Emerald Coast MLS (last updated Wed 05/06/2026 11:55:27 PM EST) or Central Panhandle Association of Realtors (last updated Wed 05/06/2026 11:57:51 PM EST) or Beaches MLS (last updated Wed 05/06/2026 11:56:44 PM EST) or Naples MLS (last updated Wed 05/06/2026 11:40:24 PM EST) or Bright MLS (last updated Wed 05/06/2026 11:50:44 PM EST) or OneKey MLS (last updated Wed 05/06/2026 11:17:45 AM EST). Real estate listings held by brokerage firms other than RealtyMark may be marked with the Internet Data Exchange logo and detailed information about those properties will include the name of the listing broker(s) when required by the MLS. All rights reserved.
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