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Photo of 401 E Lancaster Avenue, Reading PA
401 E Lancaster Avenue
Reading, PA 19607
Bedrooms
8
Full Baths
2
Partial Baths
1
Acres
0.15
Interior SqFt
3,200
Age
97
Heating
Natural Gas
Fireplaces
1
Cooling
Central A/C
Water
Public
Sewer
Public
Garages
2
Taxes (2025)
6,125
Additional Details Below

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.

Location

Driving Directions

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Listing Details

Summary
Architectural Type

Colonial

Garage(s)

Additional Storage Area, Oversized

Parking

Asphalt Driveway, Detached Garage, Driveway

Interior Features
Flooring

Hardwood

Basement

Fully Finished, Heated, Outside Entrance, Concrete Perimeter

Fireplace(s)

Gas/Propane

Interior Features

Built-Ins, Kitchen - Eat-In, Store/Office, Wood Floors, Laundry: Main Floor

Appliances

Dishwasher, Microwave, Oven/Range - Electric, Refrigerator, Washer/Dryer Hookups Only, Water Heater

Exterior Features
Exterior Features

Extensive Hardscape, Exterior Lighting, Roof Deck, Sidewalks, Street Lights, Balconies- Multiple, Patio(s), Brick

Utilities
Cooling

Central A/C, Electric

Heating

Hot Water, Natural Gas

Hot Water

Natural Gas

Sewer

Public Sewer

Water

Public

Additional Utilities

Cable TV Available, Electric Available, Natural Gas Available, Sewer Available, Water Available, Cable

Property History

Date
Change
Price

Miscellaneous

Assessment : 124,300
Zoning: Resid
Lattitude : 40.306830
Longitude : -75.960770
MLS# : PABK2070974
Views : 1
Listing Courtesy: Mario Di Nenna of Springer Realty Group

Notes

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Presentation: © 2026 EveryHome, Realtors, All Rights Reserved. EveryHome is licensed by the Pennsylvania Real Estate Commission - License RB066839

Real estate listings held by brokerage firms other than EveryHome are marked with the IDX icon and detailed information about each listing includes the name of the listing broker.

The information provided by this website is for the personal, non-commercial use of consumers and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

Some properties which appear for sale on this website may no longer be available because they are under contract, have sold or are no longer being offered for sale.

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