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$615,000

For Sale

5 days ago

1601 Mineral Spring Rd, Reading, PA

House

MLS® PABK2070500

0 Bed

0 Bath

6775 sqft

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  • Key Facts
  • Description
  • Map

Key Facts

Type Quadruplex
Levels Residential Income
Size 6775 sqft
Garage 
Taxes $2,770
Days Active 4
Lot Size 
Approx. Age 1910
Avg. Price Per Sqft $90
MLS® Number PABK2070500

Property Address: 1601 Mineral Spring Rd, Reading, PA, 19602-3152

Average square foot calculated using Size range provided by listing agent.

Description

Six unit investment opportunity in the Hessian Camp section of Reading delivering strong cash flow and long term upside. The property consists of six two bedroom one bath units with multiple updates already completed, offering a stabilized asset with additional value add potential. This 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 is a key advantage that supports tenant retention and enhances overall asset value. Tenants are responsible for heat, electric, and hot water, helping 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. Be sure all parcel IDs are included in any agreement of sale. Opportunities like this are limited, especially with built in parking and strong return potential. This is a strategic addition to any investment portfolio.
MLS® NumberPABK2070500
Laundry Level
Central VacNo
FireplaceNo
Acreage
Exterior
Garage
Approx. Age1910
Basement
DrivewayParking Lot
Garage Spaces
Heat
A/C
Heating Fuel

Extras

Price History

-End Date
Not Sold YetSold Price

For Sale

Apr 10, 2026List Date
$615,000List Price
  • Commute

Commute

Starting Address
Destination Address
1601 Mineral Spring Rd, Reading, PA

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