404 Spring St, Reading, PA 19601
Local realty services provided by:ERA Central Realty Group
404 Spring St,Reading, PA 19601
$239,900
- 4 Beds
- - Baths
- - sq. ft.
- Multi-family
- Coming Soon
Listed by: william j sands iii
Office: sands & company real estate
MLS#:PABK2071514
Source:BRIGHTMLS
Price summary
- Price:$239,900
About this home
Welcome to 404 Spring Street, located in the desirable Centre Park Historical District. Two-unit property features a leaded glass entrance opening into a foyer. The main-floor apartment boasts beautiful natural woodwork, beamed ceilings, a corner fireplace, and stained glass windows. It offers large, spacious rooms, a private bedroom, plus a nice eat-in kitchen, and full bath, a bonus is a beautiful private covered rear porch! Direct basement access provides convenient laundry access. This unit has strong rental potential of up $900 mo. Current owner kept rent low due to good long-term tenant.
The upper unit, spanning the second and third floors, includes three large bedrooms, an open-concept kitchen and living area, a full bath, and its own private covered rear porch! This apartment is rented to one person at a lower rate of only $1050 but easily has the potential of $1500 or more due to its sheer size.
The building is well-maintained with newer mechanicals and separate electric meters. This rare investment opportunity in a prime historic district with year round activities. This building in this location won’t last long. Landlord pays
Water, Sewer Trash= $1708.82 total
Insurance - $1628
Common Electricity-$619.40
Gas- Heat & Hot Water $1957
Total Expenses : $4,913.05
Current rent role Cap rate 6.3%...
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Home facts
- Year built:1910
- Listing ID #:PABK2071514
- Added:1 day(s) ago
- Updated:May 05, 2026 at 10:15 AM
Rooms and interior
- Bedrooms:4
- Flooring:Carpet, Ceramic Tile, Vinyl, Wood
- Basement:Yes
- Basement Description:Interior Access, Outside Entrance, Poured Concrete, Rear Entrance
Heating and cooling
- Heating:Forced Air, Natural Gas
Structure and exterior
- Year built:1910
- Architectural Style:Craftsman, Traditional
- Construction Materials:Brick, Stone
- Exterior Features:Balconies- Multiple, Porch(es)
- Foundation Description:Stone
Utilities
- Water:Public
- Sewer:Public Sewer
Finances and disclosures
- Price:$239,900
- Tax amount:$2,991 (2026)
Features and amenities
- Amenities:100 Amp Service
Parking
- Parking description:On Street
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