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1601 Mineral Spring Road Reading, PA $ 615,000
1601 Mineral Spring Road
$ 615,000
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1601 Mineral Spring Road

Reading, PA, 19602
$ 615,000
Bedrooms12 Baths0.0

Monthly Estimate*

$ 3,787

Multi-Family Home for sale in Reading, PA

for $615,000 with 12 bedrooms. This home was built in 1910 on a lot size of 0.12.

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 upside. Be sure all parcel IDs are included in any agreement of sale. Opportunities like this are limited, especially with built in parking and strong return potential. This is a strategic addition to any investment portfolio.

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Multi-Family Active

Price

$ 615,000

Bedrooms

12

Property Type

Multi-Family

Taxes

$ 2,770

Style

Colonial

Lot Size

0.12

Year Built

1910

Town/City

Reading

County/Region

Berks

MLS | Web ID

PABK2070500

Features
General
Living Area 6775
Sewer Public Sewer
Heating Hot Water
Cooling None
Possession Immediate
Zoning RESIDENTIAL
Architectural Style Colonial
Construction Materials Brick
School District READING
Year Built 1910
Property Subtype Quadruplex
Tax Year 2025
Ownership Fee Simple
Cool Fuel None
Municipality READING CITY
Accessibility None
County BERKS
New Construction N
Property Type Multi-Family
Garage Y/N N
Water Access Y/N N
Other Structures Above Grade
Status ACTIVE
Directions Reading to Mineral Springs
City READING
Number Of Units Total 3
MLS Area Reading City (10201)
Lot Size Units Square Feet
Lot Size Square Feet 5227.00
Tax Annual Amount 2770.0
Two Bedroom 6
Structure Type Detached
Price Per Sq Ft Total AG 90.77
Vacation Rental Y/N N
Standard Status Active
Year Built Source Estimated
Tax Lot 9058
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Interior
Heating Fuel Natural Gas
Hot Water Electric
Heating Y/N Y
Central Air Y/N N
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Exterior
Pool No Pool
Water Source Public
Type of Parking Parking Lot
Foundation Details Brick/Mortar
Water View Y/N N
Lot Dimensions 0.00 x 0.00
Lot Size Acres 0.12
Lot Size Source Estimated
Waterfront Y/N N
Land Assessed Value 12400.00
Navigable Water Y/N N
Water Oriented Y/N N
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Internal Only
Street Number 1 1601
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* Excluded Features
List By
Iron Valley Real Estate Of Berks

Broker

realtyjohng@gmail.com

Email

Affordability Calculator

$4,017
Per Month
94%
6%
0%
Monthly Principal & Interest
$3,787
Monthly Property Taxes
$231
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
2183915 Elementary School
2183912 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
4/10/2026$615,000 Listed Price

Map


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1601 Mineral Spring Road, Reading, PA, 19602 is a Multi-Family Home for sale at $615,000 with a lot size of 0.12. 1601 Mineral Spring Road has 12 bedrooms, 0.0 baths, and was built in 1910. The property's zip code is 19602 which is in Reading, PA