1601 MINERAL SPRING Road Reading, PA 19602
New
- Added:
- Apr 10, 2026
- Days on Market:
- 2
- Last Refresh:
- Apr 11 at 1:06 am
Property Features for 1601 MINERAL SPRING Road
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Parking features
- Parking Lot
- 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 agent John H Gantkowski Jr. License #rs299403 (610) 780-3024
Listing office Iron Valley Real Estate of Berks 50 Berkshire Court unit: 200, Wyomissing, PA (484) 450-8771
Listing date Apr 10, 2026
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.
Overview
Reading Multifamily Investment Opportunity
This six-unit investment property is located in the Hessian Camp section of Reading. The property features six two-bedroom, one-bath units with multiple updates already completed. The 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 supports tenant retention and enhances overall asset value. Tenants are responsible for heat, electric, and hot water, which helps 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. The property size is 6,775 square feet and the lot size is 0.12 acres.
Property Profile
Insight Report
Location Intelligence
Current Use by Public Records
Trizzy Trillz
Artist
Location Insight
- Map
- Local Demand
- City
- Reading
- County
- Berks
- State
- Pennsylvania
- Longitude
- -75.90607
- Latitude
- 40.3319
Nearby Similar for Sale
FAQs
What type of property is this?
Apartment building - Six-unit property with strong cash flow and value-add potential.
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 $615,000.
What are key features of this property?
This property features: Strong cash flow and long‑term upside potential as a six‑unit investment property.; Dedicated off‑street parking lot with space for approximately twelve vehicles.; Tenants responsible for heat, electric, and hot water, minimizing owner expenses.
