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About This Home
This 0-bedroom, 0-bathroom other at 1601 MINERAL SPRING Road in Reading, PA is listed for $595,000. Built in 1910, on a 0.12 acres 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 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.
Key Features
- Built in 1910
- 0.12 acre lot
- 12 parking spaces
Property Details
Monthly Cost Estimate
$3,182/mo
20% down · 6.5% · 30 years
Estimates only. Actual payments may vary.
Location
1601 MINERAL SPRING Road
Reading, PA 19602
Property Details
Construction
Parking
Heating
Questions & Answers
This 0-bedroom, 0-bathroom other at 1601 MINERAL SPRING Road is listed at $595,000. The estimated monthly payment is $2,578 based on 20% down at 6.5% interest.
Key features include: Built in 1910, 0.12 acre lot, 12 parking spaces.
This property is listed by John H Gantkowski Jr. and can be reached at 6107803024 or realtyjohng@gmail.com.






