SQUARE FEET15,000
MLS#PABK2067046
STATUSACTIVE
PROPERTY TYPEMulti Unit - Multiple
SCHOOLGOVERNOR MIFFLIN
Property Description
15 UNIT BUILDING. This commercial property in the heart of downtown Shillington offers a prime investment opportunity with a level 0.3-acre lot. Built in 1910, the structure features a mix of durable materials including brick, concrete, and stucco, ensuring longevity and low maintenance. The property is in below-average condition, presenting a chance for value-add renovations that can significantly increase rental income or resale value. Strategically located less than 10 miles from the airport and within a mile of public transportation, it boasts excellent accessibility, enhancing its appeal to potential tenants. Parking options include private garages and surface lots, catering to various business needs. Investors can capitalize on the growing demand for commercial spaces in urban settings, with the potential for strong returns through strategic improvements and leasing. This property is a solid addition to any investment portfolio, offering both immediate and long-term financial benefits. CLEAN Phase I enviromental assessment report
Property Features
Property Type: Multi Unit - Multiple
Basement: Yes
Basement: Full
Cooling: None
Fuel Type: Natural Gas
Garage: 3
Heating: Hot Water
Lot Size: 0.30 Acres
Taxes: $7,549
Year Built: 1910
Feature Descriptions
Additional Structures: Above Grade
Exterior: Block, Brick, Masonry, Stucco, Frame
Location: Urban
Lot Dimensions: 0.30 Acre(S)
Municipality: SHILLINGTON BORO
Number of Rooms: 60
One Bedroom Units: 15
Sewer: Public Sewer
Structure Type: Detached
Total Garage/Parking Spaces: 23
Units: 4
Water: Public
Local Schools
School District: GOVERNOR MIFFLIN
Listed By / Shown By
Listed By
Agency Name: Destination Realty LLC
Agency Phone: 6107433310
Shown By
Agent Name: The Chrissie Barrick Team
Agent Phone: (717) 451-3850
Agency Title: Berkshire Hathaway HomeServices Homesale Realty
First AmericanEstimate Your Payment
Estimated Payment
$ 3,775.62 per month $2,781.96 Principal & Interest $629.08 Property Tax $364.58 Homeowner's Insurance
Corporate Office - 215 S Centerville Rd. Lancaster, PA 17603
200 W Lancaster Avenue | MLS# PABK2067046
This multi-family property located at 200 W Lancaster Avenue, Reading, PA 19607 is currently listed for sale with an asking price of $1,250,000. W Lancaster Avenue is located within the GOVERNOR MIFFLIN school district. Search Reading real estate on www.thechrissiebarrickteam.com today.