MLS: #PABK2070500, Listed By: John Gantkowski, Iron Valley Real Estate of Berks, Source:Bright MLS
1601 Mineral Spring Road
READING, PA 19602
12
Bed
0
Bath
6,775Sqft
0.12Acre(Lot)
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 system
Property Details
Map
Map
What's Nearby
Nearby Areas
Features
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Bedroom Information
Total beds: 12 -
Interior Features
Appliances: Electric Water Heater -
Heating & Cooling
Has Heating: Yes Heating: Natural Gas, Hot Water Cooling: None
-
Building Information
Year Built: 1910 Building Area Total: 6775 Construction Materials: Brick Pool Features: None Private Pool: No
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Lot Information
Lot Dimensions: 0.00 x 0.00 Lot Size Acres: 0.12 Lot Size Source: Estimated Lot Size Square Feet: 5227
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Listing Price Information
Listing Price: $595000
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Tax Information
Parcel Number: 16-5316-06-39-9058 Tax Lot: 9058 Tax Year: 2025 Annual Tax: $2770
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Parking Information
Parking Lot
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Location Information
Direction: Reading to Mineral Springs WaterSource: Public
How much is this property worth?
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Nearby Home Value
| Address | Estimate | Bed | Bath | Sq. Ft | Lot Size |
|---|---|---|---|---|---|
| Perkiomen Avenue, Reading, PA, 19602 | $1,485,000 | 21 | -- | 15,578 | 15,578 SqFt |
| 226 Orange Street, Reading, PA, 19602 | $159,900 | 4 | -- | 2,184 | 2,184 SqFt |
| 736 AND 738 Franklin St.., Reading, PA, 19602 | $345,000 | 3 | -- | 2,776 | 2,776 SqFt |
| 357 S 3rd Street, Reading, PA, 19602 | $460,000 | 8 | -- | 2,946 | 2,946 SqFt |
Similar Multifamily To 1601 Mineral Spring Road
Nearby For Sale
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ByOwner last updated this listing 06/11/2026 @ 09:38
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