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Six-Unit Brick Apartment Building
For Sale
$575,000

1601 MINERAL SPRING Road, Reading, PA 19602

MULTI_FAMILY - Colonial - READING, PA

Property Size6,775 SF
Lot Size0.12 Acres
Price / SF$84.87
Days on Market125

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
Listed By: John H Gantkowski Jr. · License #rs299403
Added: Apr 10 Changed: Aug 12 Last Checked: Aug 12 at 1:06PM
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 Colonial apartment property contains six two-bedroom, one-bath units within a 6,775-square-foot brick building constructed in 1910. The improvements include a newer roof, updated mechanical systems, gas furnaces, and hot-water heating. The offering combines 1601 Mineral Spring Road, 1603 Mineral Spring Road, and 1601 Rear Mineral Spring, which serves as a separate off-street parking lot.

The parking parcel accommodates approximately twelve vehicles. Tenants pay heat, electric, and hot water, while ownership covers water, sewer, and trash. Located in Reading’s Hessian Camp section, the property provides a six-unit residential configuration with dedicated parking and multiple completed updates.

Key Highlights

  • Six‑unit apartment property with six two‑bedroom, one‑bath units
  • 6,775 square feet on 0.12 acres
  • Brick Colonial building constructed in 1910

Property Analytics

Current Use

Trizzy Trillz Artist

Suggested Use

Top Pick Real Estate Agency Law Firm Dental Office Gym & Fitness Center Electrical Service Skin Care Clinic

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

6
Residential units

Location Intelligence

Trade Area within ½ mile

312
Businesses Nearby

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

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Apartment building - Six two-bedroom units with updated systems and dedicated off-street parking.
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‑unit apartment property with six two‑bedroom, one‑bath units; 6,775 square feet on 0.12 acres; Brick Colonial building constructed in 1910
More about this property
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