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601 Lancaster Avenue, Reading, PA 19611
$925,000 Sale Pending
601 Lancaster Avenue, Reading, PA 19611View this property at 601 Lancaster Avenue, Reading, PA 19611
601 Lancaster AvenueReadingPA19611
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Property Description
This 5 unit at 601 E Lancaster Ave in Reading, PA stands as a shining example of meticulously maintained multi-unit living. This exceptional property showcases five immaculate units, each thoughtfully designed and impeccably cared for, making it a standout choice in the market. Step into any of the five units, and you'll be greeted by a welcoming interior exuding both charm and practicality. Boasting two bedrooms, a spacious living room, a well-appointed kitchen, and a tastefully appointed bathroom, each unit offers a comfortable and functional living space that caters to the needs of modern tenants. Accentuated with stylish vinyl plank flooring throughout, these units blend contemporary aesthetics with durability, ensuring both visual appeal and ease of maintenance. Residents will appreciate the convenience of separate gas and electric metering, providing them with control over their utility expenses. This setup adds to the appeal for tenants seeking affordability and autonomy in their living arrangements. Conveniently located on East Lancaster Avenue, this property offers easy access to a plethora of amenities, including shopping centers, restaurants, schools, and public transportation options. Whether tenants are commuting to work or exploring the vibrant local scene, everything they need is just moments away. Whether you're an investor seeking a lucrative opportunity or a tenant searching for a comfortable and well-maintained place to call home, 601 E Lancaster Ave exceeds expectations with its blend of quality, convenience, and affordability.
Full Property Details
Full Property Details for 601 Lancaster Ave
General
- Price: $925,000
- Taxes: $12,870 (2023)
- Status: Pending
- Type: Apartment
- MLS ID: PABK2042672
- Updated: 5/7/2024
- Added to Site: 21 day(s) ago
Business
- Business Type: Apartment Building
Interior
- Flooring: Ceramic Tile
Parking
- Total Spaces: 1
- Parking Type: On Street
Location
- Area: Reading City (10201)
- Municipality: READING CITY
- County: Berks
- Driving Directions: 422 E, Exit left onto Lancaster Ave, Right on Lancaster Ave, Right onto Noble St, Property on the Left
Heating & Cooling
- Cooling Type: Wall Unit
- Cooling Fuel: Electric
- Heating Type: Baseboard - Hot Water
- Heating Fuel: Natural Gas
- Water Heater: Natural Gas
Utilities
- Sewer: Public Sewer
- Water: Public
- Utility Description: Cable TV Available, Electric Available, Natural Gas Available, Phone Available, Sewer Available, Water Available
Structural Information
- Construction: Vinyl Siding
- Foundation: Concrete Perimeter, Stone
- Roof: Rubber
- Stories/Levels: 0
- Year Built: 1900
- Year Built Source: Assessor
- Property Condition: Excellent
Unit Information
- # Tenants: Multiple
- Other Units: Unit 1, Unit 2, Unit 4, Unit 5, Unit 3
Unit 1
- Unit Description: Unit 1
Unit 2
- Unit Description: Unit 2
Unit 3
- Unit Description: Unit 3
Unit 4
- Unit Description: Unit 4
Unit 5
- Unit Description: Unit 5
Lot Features
- Lot Size (Acres): 0.05
- Lot Size (Sq. Ft.): 2,178
- Lot Size Source: Assessor
- Lot Dimensions: 0.00 x 0.00
- Street/Road Desc.: Paved
- Zoning: C-H
Financial Considerations
- Price Per Sq. Ft.: $156.67
- Assessment Year: 2023
- School Tax: $5,279
- City/TownTax: $5,337
- City/TownTax Freq: Annually
- County Tax: $2,254
- County Tax Freq: Annually
- Tax w/Assessment: $294,400
- Tax Amount: $12,870
- Tax Year: 2023
- Owner Pays: Insurance, Taxes - Real Estate, Water
- Landlord Pays: Insurance, Taxes - Real Estate, Water
Disclosures and Reports
- Buyer’s Brokerage Compensation: 2.5%
- Ownership: Fee Simple
- Lot Number: 3180
Listed by Century 21 Gold, Anthony Borelli
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Schools
Schools serving 601 Lancaster Ave
School District:Reading School District
Rating | Name | Grades | Distance |
---|---|---|---|
400 Summit Ave, Reading, PA 19611 | PK-5 | 0.3 mi | |
215 N 12th St, Reading, PA 19604 | 5-8 | 1.9 mi | |
801 N 13th St, Reading, PA 19604 | 10-12 | 2.5 mi |
Disclaimer: School ratings provided by
GreatSchools. Ratings are on a scale of 1-10.
Learn more about GreatSchools ratings.
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 601 Lancaster Ave
Date
Details
Price
Change
Source
4/30/2024
Listed
$925,000
26.89%
MLS
3/22/2021
Sold
$729,000
—
Public Record
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 601 Lancaster Ave
Year
Property Taxes
Change
Tax Assessment
Change
2023
$12,870
—
$294,400
—
2022
$12,870
308%
$294,400
308%
2021
$3,156
1%
$72,200
—
2020
$3,125
—
$72,200
—
2019
$3,125
—
$72,200
—
2018
$3,125
1%
$72,200
—
2017
$3,104
1%
$72,200
—
2016
$3,066
5%
$72,200
—
2015
$2,922
1%
$72,200
—
2014
$2,887
—
$72,200
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 601 Lancaster Ave
601 Lancaster Avenue, Reading, PA 19611 (MLS# PABK2042672) is a Apartment property. 601 Lancaster Avenue is currently listed for $925,000 and was received on April 30, 2024. Want to learn more about 601 Lancaster Avenue? Do you have questions about finding other Apartment real estate for sale in Reading? You can browse all Reading real estate or contact a Coldwell Banker agent to request more information.