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$255,000
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Property Description
This is the opportunity your business has been waiting for! A fully operational, turn-key salon located on a high-traffic road and ready for its next owner. 402 Morgantown Rd offers endless possibilities-expand services into the second floor, or live upstairs while running your business from home. Situated directly on Route 10 off Lancaster Ave and just over the bridge into the City of Reading, this prime location is ideal for driving consistent customer traffic. The first floor has been thoughtfully designed for salon use, featuring a welcoming reception area, four service stations, and two hair-washing stations. Additional conveniences include a full kitchen, full bathroom, and laundry room. Step outside to the separately deeded side lot (404 Morgantown Rd), which offers exciting potential for future construction, expanded parking, or even outdoor events. Upstairs, the second floor provides three bedrooms and a full bathroom, which could easily serve as a personal residence or be converted into private service rooms. A rear bedroom features a private balcony overlooking the side lot. The third floor adds even more flexibility with an open space perfect for a fourth bedroom, office, or creative use. Practical updates have already been completed, including new roofs installed in 2017 and added central AC on the first floor. With both parcels located in the C-H Commercial Highway Zoning District, a variety of business and residential uses are possible. Don't miss this rare chance to own a versatile property in a great location-schedule your tour today!
Full Property Details
Full Property Details for 402 Morgantown Rd
General
- Sold For: $255,000
- Taxes: $2,979 (2025)
- Status: Closed
- Type: Single Family
- Source: BrightMLSPhilly
- MLS ID: PABK2063520
- Added to Site: 187 day(s) ago
Interior
- Interior Features: Dining Area, Kitchen - Eat-In
- Appliances: Oven/Range - Electric, Refrigerator
- Flooring: Hardwood, Vinyl
Rooms
Bathrooms
- Total Bathrooms: 2
- Full Bathrooms: 2
- Upper Floor Baths: 1
- Upper - Full Baths: 1
- Main Floor Baths: 1
- Main - Full Baths: 1
Bedrooms
- Total Bedrooms: 4
- Bedrooms Upper: 4
- Bedrooms-Up2: 1
Exterior
- Porch/Patio/Deck: Balcony, Patio(s)
Parking
- Parking Type: On Street
Location
- Area: Reading City (10201)
- Municipality: READING CITY
- County: BERKS
- Driving Directions: use GPS for best directions to location
- Location Details: Suburban
School Information
- School District: Reading
Heating & Cooling
- Central air: Yes
- Cooling Type: Central A/C
- Cooling Fuel: Electric
- Heating Type: Radiant
- Heating Fuel: Oil
- Water Heater: Oil
Utilities
- Sewer: Public Sewer
- Water: Public
Structural Information
- Architectural Style: Traditional
- Structure Type: Twin/Semi-Detached
- Construction: Brick
- Basement: Yes
- Basement Desc.: Full, Unfinished
- Foundation: Other
- Roof: Pitched, Rubber, Shingle
- Windows: Replacement
- Stories Description: Main, Upper 1, Upper 2
- Square Feet: 1,861
- Sq. Ft. Source: Assessor
- Living Area: 1,861 Sq. Ft.
- Finished Above Grnd: 1,861 Sq. Ft.
- Year Built: 1930
- Year Built Source: Assessor
- Property Condition: Very Good, Good
Additional Structures
- Other Structures: Shed
Lot Features
- Property View: City, Street, Trees/Woods
- Lot Size (Acres): 0.05
- Lot Size (Sq. Ft.): 2,178
- Lot Size Source: Assessor
- Street/Road Desc.: Paved
- Zoning: RESIDENTIAL
- Lot Description: Additional Lot(s), Open, Subdivision Possible, Rear Yard, SideYard(s)
- Fencing (Description): Chain Link
Financial Considerations
- Price Per Sq. Ft.: $147.77
- Assessment Year: 2025
- School Tax: $1,185
- City/TownTax: $1,198
- City/TownTax Freq: Annually
- County Tax: $596
- County Tax Freq: Annually
- Tax w/Assessment: $66,100
- Tax Amount: $2,979
- Tax Year: 2025
- Terms: Standard Sale
- Tax Total Finished Sq. Ft.: 1861
Disclosures and Reports
- Ownership: Fee Simple
- Exclusions: salon equipment, furniture, fixtures are all negotiable
- Inclusions: stove, refrigerator, washer, dryer
- Lot Number: 4989
Listed by BHHS Homesale Realty- Reading Berks, Juan Cortes-Carreno
Sold by EXP Realty, LLC, Taj S Simmons
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Schools
Schools serving 402 Morgantown Rd
School District:Reading School District
| Name | Grades | Distance |
|---|---|---|
Millmont El School 400 Summit Avenue, Reading, PA 19611 | PK-4 | 0.2 mi |
Central Middle School, Reading, PA 215 North 12th Street, Reading, PA 19604 | 5-8 | 1.6 mi |
Reading Senior High School 801 North 13th Street, Reading, PA 19604 | 9-12 | 2.2 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 402 Morgantown Rd
Date
Details
Price
Change
Source
4/01/2026
Sold
$255,000
-7.27%
MLS
1/05/2026
Price Reduced
$275,000
-5.14%
MLS
9/26/2025
Listed
$289,900
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
402 Morgantown Road, Reading, PA 19611 (MLS# PABK2063520) is a Single Family property that was sold at $255,000 on April 01, 2026. Want to learn more about 402 Morgantown Road? Do you have questions about finding other Single Family real estate for sale in Reading? You can browse all Reading real estate or contact a Coldwell Banker agent to request more information.

