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About This Home

This 0-bedroom, 0-bathroom residential multi family at 1601 MINERAL SPRING Road in Reading, PA is listed for $595,000 ($88 per sqft). Built in 1910, the home offers 6,775 sqft of living space on a 0.12 acres lot.

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.

Key Features

  • Built in 1910
  • 0.12 acre lot

Property Details

1910

Monthly Cost Estimate

$3,182/mo

20% down · 6.5% · 30 years

Principal$430
Interest$2,578
Insurance$174

Estimates only. Actual payments may vary.

Location

1601 MINERAL SPRING Road

Reading, PA 19602

Property Details

Construction

Brick

Parking

Parking Lot

Heating

Hot Water(Heating)

Questions & Answers

This 0-bedroom, 0-bathroom residential multi family at 1601 MINERAL SPRING Road is listed at $595,000 ($88/sqft). 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.

This property is listed by John H Gantkowski Jr. and can be reached at 6107803024 or realtyjohng@gmail.com.

JJ

John H Gantkowski Jr.

Agent at Iron Valley Real Estate of Berks

(610) 780-3024

Listed by Iron Valley Real Estate of Berks · View on Broker Site

MLS# PABK2070500· Source: listhub· Updated 52 days ago

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.

1601 MINERAL SPRING Road, Reading, PA 19602

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