404 SPRING Street Reading, PA 19601
New
MULTI_FAMILY - Craftsman - READING, PA
Property size:
2,264 SFLot size:
0.04 AcresPrice / SF:
$105/SF- Added:
- May 8, 2026
- Days on Market:
- 1
- Last Refresh:
- May 8 at 6:06 am
Property Features for 404 SPRING Street
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Rooms
- Basement
- Parking features
- On Street
- Fireplace
- 1
- Standard status
- Active
- Size
- 2,264 SF
- Lot size
- 0.04 Acres
Taxes and HOA fees
- Tax Annual Amount
- 2991
Utilities
- Heating system
- Forced Air
Building Details
- Year built
- 1910
- Number of units
- 2
- Building materials
- Brick, Stone
- Architectural style
- Craftsman
Listing agent William J Sands III License #RM052104A (610) 376-9999
Listing office Sands & Company Real Estate 833 N Park Road unit: 103, Wyomissing, PA (610) 376-9999
Listing date May 8, 2026
MLS# PABK2071514
Listing URL
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.
HighLights
- Two‑unit property in the desirable Centre Park Historical District, offering immediate rental income potential.
- Strong income potential: Main floor unit can rent for $900/month, upper unit can rent for $1500+/month.
- Well‑maintained building with newer mechanicals and separate electric meters.
- Main floor apartment features beautiful natural woodwork, beamed ceilings, a corner fireplace, and stained glass windows.
- Both units have private covered rear porches.
- Upper unit is a spacious 3‑bedroom apartment with an open‑concept kitchen and living area.
Overview
Craftsman Multi-Family in Historic District
Located in the desirable Centre Park Historical District, 404 Spring Street is a two-unit property featuring a leaded glass entrance into a foyer. The main-floor apartment includes natural woodwork, beamed ceilings, a corner fireplace, and stained glass windows. This unit offers large, spacious rooms, a private bedroom, an eat-in kitchen, a full bath, and a private covered rear porch. Direct basement access provides convenient laundry access. The upper unit, spanning the second and third floors, includes three large bedrooms, an open-concept kitchen and living area, a full bath, and its own private covered rear porch. The building is well-maintained with newer mechanicals and separate electric meters. Situated on a 0.04-acre lot, the property offers 2264 square feet of living space. The main-floor apartment has strong rental potential. The upper apartment has rental potential due to its size. This is an investment opportunity in a prime historic district with year round activities. The landlord pays for water, sewer, and trash, totaling $1708.82. Insurance costs $1628, common electricity costs $619.40, and gas for heat and hot water costs $1957, bringing the total expenses to $4,913.05. The current rent role cap rate is 6.3%.
Property Profile
Insight Report
Location Intelligence
Current Use by Public Records
Duplexes
Location Insight
- Map
- Local Demand
- City
- Reading
- County
- Berks
- State
- Pennsylvania
- Longitude
- -75.92912
- Latitude
- 40.35028
Nearby Similar for Sale
FAQs
What type of property is this?
Duplex - Two-unit property in Centre Park Historical District with rental potential.
Where is this duplex located?
The property is located at 404 SPRING Street Reading, PA.
What is the asking price?
The asking price for this property is $239,900.
What are key features of this property?
This property features: Two‑unit property in the desirable Centre Park Historical District, offering immediate rental income potential.; Strong income potential: Main floor unit can rent for $900/month, upper unit can rent for $1500+/month.; Well‑maintained building with newer mechanicals and separate electric meters.
