1601 Mineral Spring Rd, Reading, PA 19602

Reading
Local realty services provided by:ERA Valley Realty
1601 Mineral Spring Rd,Reading, PA 19602
$575,000
  • 12 Beds
  • - Baths
  • 6,775 sq. ft.
  • Multi-family
  • Active
Listed by: john h gantkowski jr.
Office: iron valley real estate of berks
MLS#:PABK2070500
Source:BRIGHTMLS

Price summary

  • Price:$575,000
  • Price per sq. ft.:$84.87

About this home

Six unit investment opportunity in the Hessian Camp section of Reading delivering strong cash flow and long term upside. The property consists of six two bedroom one bath units with multiple updates already completed, offering a stabilized asset with additional value add potential. This offering includes 1601 Mineral Spring Road, 1603 Mineral Spring Road, and 1601 Rear Mineral Spring, which functions as a dedicated off street parking lot with space for approximately twelve vehicles. Ample parking is a key advantage that supports tenant retention and enhances overall asset value. Tenants are responsible for heat, electric, and hot water, helping minimize operating expenses. Owner expenses are limited to water, sewer, and trash. The property features a newer roof, updated mechanical systems, and efficient gas furnaces, contributing to lower maintenance costs and reliable performance. Located in a high demand rental area, this is a turnkey investment with immediate income and future...

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Home facts

  • Year built:1910
  • Listing ID #:PABK2070500
  • Added:149 day(s) ago
  • Updated:September 06, 2026 at 01:49 PM

Rooms and interior

  • Bedrooms:12
  • Living area:6,775 sq. ft.

Heating and cooling

  • Heating:Hot Water, Natural Gas

Structure and exterior

  • Year built:1910
  • Building area:6,775 sq. ft.
  • Lot area:0.12 Acres
  • Architectural Style:Colonial
  • Construction Materials:Brick
  • Foundation Description:Brick/Mortar

Utilities

  • Water:Public
  • Sewer:Public Sewer

Finances and disclosures

  • Price:$575,000
  • Price per sq. ft.:$84.87
  • Tax amount:$2,770 (2025)

Parking

  • Parking description:Parking Lot

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