1601 MINERAL SPRING Road Reading, PA 19602
MULTI_FAMILY - Colonial - READING, PA
- Added:
- Apr 10, 2026
- Days on Market:
- 93
- Last Refresh:
- Jul 11 at 3:06 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
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.
The offering includes 1601 Mineral Spring Road, 1603 Mineral Spring Road, and 1601 Rear Mineral Spring. The rear parcel functions as a dedicated off-street parking lot with space for approximately twelve vehicles.
For investors seeking a straightforward multifamily structure, this configuration offers multiple units within a single package and includes on-site parking capacity for tenant use. The expense split noted in the remarks may also be attractive to buyers looking for a more predictable operating profile, with utilities and hot water assigned to tenants and key building systems described as recently updated. Please ensure all parcel IDs are included in any agreement of sale.
Key Highlights
- 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.
