Six-Unit Apartment
For Sale
$575,000
1601 MINERAL SPRING Road, Reading, PA 19602
Multi-Family, READING, PA
Property Size6,775 SF
Lot Size0.12 Acres
Price / SF$84.87
Days on Market145
Property Features for 1601 MINERAL SPRING Road
General Information
Property type
Residential Multi Family
Property subtype
Quadruplex
Parking features
Parking Lot
Elementary school district
READING
Middle school district
READING
High school district
READING
Standard status
Active
Size
6,775 SF
Lot size
0.12 Acres
Taxes and HOA fees
Tax Annual Amount
2770
Utilities
Heating system
Hot Water(Heating)
Building Details
Year built
1910
Number of units
3
Building materials
Brick
Architectural style
Colonial
Listing Agency:
Iron Valley Real Estate of Berks
(484) 450-8771
Listed By:
John H Gantkowski Jr. · License #rs299403
(610) 780-3024
Added: Apr 10
Changed: Aug 26
Last Checked: Sep 1 at 6:06PM
MLS# PABK2070500
Copyright © 2026 Bright MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This 6,775-square-foot brick apartment property, built in 1910, contains six two-bedroom, one-bath units. Improvements include a newer roof and updated mechanical systems, with efficient gas furnaces noted among the building systems. The property is configured in a Colonial architectural style and includes a dedicated parking area.
The offering includes 1601 Mineral Spring Road, 1603 Mineral Spring Road, and 1601 Rear Mineral Spring, which serves as the off-street parking parcel. The parking lot accommodates approximately 12 vehicles. Tenants pay heat, electric, and hot water, while ownership handles water, sewer, and trash expenses.
The offering includes 1601 Mineral Spring Road, 1603 Mineral Spring Road, and 1601 Rear Mineral Spring, which serves as the off-street parking parcel. The parking lot accommodates approximately 12 vehicles. Tenants pay heat, electric, and hot water, while ownership handles water, sewer, and trash expenses.
Key Highlights
- Six two‑bedroom, one‑bath apartment units
- 6,775 square feet on 0.12 acres
- Dedicated off‑street parking lot for approximately 12 vehicles
Property Analytics
Property Profile
Current Use
Lease Details
6
Residential units
Location Intelligence
Trade Area within ½ mile
456
Businesses Nearby
Explore this area
Business Placement
Demographics for 19602, PA
19,782
Population
7,907
Households
2.5
Avg Household Size
32
Median Age
11%
College-Educated
71%
High-School Grad
2.0 sq mi
ZIP Area
9,891
Density / Sq Mi
$38,179
Median Household Income
$30,848
Median Earnings
$978
Median Rent
$73,000
Median Home Value
Market
Vacancy Rate% for Multifamily in Northeast region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Apartment building - Brick multifamily property with dedicated off-street parking and updated building systems.
Where is this apartment building located?
The property is located at 1601 MINERAL SPRING Road Reading, PA.
What is the asking price?
The asking price for this property is $575,000.
What are key features of this property?
This property features: Six two‑bedroom, one‑bath apartment units; 6,775 square feet on 0.12 acres; Dedicated off‑street parking lot for approximately 12 vehicles
