1601 Mineral Spring Rd, Reading, PA 19602
Local realty services provided by:CENTURY 21 Charles Smith Agency, Inc.
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 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....
Contact an agent
Home facts
- Year built:1910
- Listing ID #:PABK2070500
- Added:154 day(s) ago
- Updated:September 11, 2026 at 02:17 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
New listings near 1601 Mineral Spring Rd
- Coming Soon
$540,000Coming Soon6 beds 4 baths3,856 sq. ft.2130 N 17th St, READING, PA 19604
MLS# PABK2078044Listed by: IRON VALLEY REAL ESTATE OF BERKS - Coming Soon
$209,900Coming Soon5 beds 2 baths1,577 sq. ft.1031 Madison Ave, READING, PA 19601
MLS# PABK2078004Listed by: IRON VALLEY REAL ESTATE OF BERKS - Coming Soon
$294,900Coming Soon3 beds 1 baths1,968 sq. ft.15 Elm St, READING, PA 19606
MLS# PABK2078040Listed by: CENTURY 21 GOLD - Coming SoonOpen Sat, 2 to 4pm
$229,900Coming Soon5 beds 1 baths1,626 sq. ft.101 Upland Ave, READING, PA 19611
MLS# PABK2078002Listed by: KELLER WILLIAMS PLATINUM REALTY - WYOMISSING - Coming SoonOpen Sat, 12 to 2pm
$740,000Coming Soon5 beds 4 baths3,999 sq. ft.4 Glen Hollow Ct, READING, PA 19607
MLS# PABK2077730Listed by: RE/MAX OF READING - Coming SoonOpen Sun, 1 to 3pm
$319,000Coming Soon4 beds 3 baths2,066 sq. ft.912 Penndale Ave, READING, PA 19606
MLS# PABK2077918Listed by: RE/MAX OF READING - Coming Soon
$259,900Coming Soon5 beds 5 baths2,400 sq. ft.1019 South St, READING, PA 19602
MLS# PABK2077878Listed by: SAUNDERS REAL ESTATE - Coming Soon
$309,900Coming Soon3 beds 3 baths1,632 sq. ft.5 Emily Ct, READING, PA 19606
MLS# PABK2077890Listed by: BHHS HOMESALE REALTY- READING BERKS - Coming Soon
$147,000Coming Soon3 beds 1 baths1,286 sq. ft.Address Withheld By Seller, READING, PA 19602
MLS# PABK2077786Listed by: PAGODA REALTY ERA POWERED - Coming Soon
$359,900Coming Soon3 beds 2 baths1,415 sq. ft.Address Withheld By Seller, READING, PA 19609
MLS# PABK2077760Listed by: PAGODA REALTY ERA POWERED