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$565,000

1601 Mineral Spring Rd

Reading, PA
ACTIVE-BRIGHT
12
Bedrooms
6,775
Square Feet
0.12
Lot Size (acres)
1910
Year Built
199
Days On Market

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.

Listing Information

Listing Updated
4 days ago
Listed By
John H Gantkowski Jr., 6107803024 · Iron Valley Real Estate of Berks, 4844508771
MLS#
PABK2070500
Source
Bright
Status
ACTIVE-BRIGHT

Facts & Features

Location

Community Information

Address
1601 Mineral Spring Rd, Reading, PA 19602
City
Reading
County
Berks
Zip Code
19602

Architecture

Bedrooms
12
Year Built
1910
Style
Colonial
Construction Materials
Brick
Building Area
6,775 sq. ft.
Foundation
Brick/Mortar
Garage Spaces
0
Parking Features
Parking Lot

Features & Amenities

Appliances
Electric Water Heater
Cooling
None
Heating
Natural Gas, Hot Water

Property Features

Lot Size
0.12 Acres
Water
Public
Sewer
Public Sewer

Square Footage

Above Grade
6,775 sq. ft.
Total
6,775 sq. ft.

Tax & Financial Information

List Price
$565,000
Annual Taxes
$2,770

Schools

92/100
Tenth & Green Elementary School
Elementary · Grades PK–04 · 1 mi
City
Reading
Students
747
Student body
89% Hispanic / Latino · 6% Black · 4% White
Free/reduced lunch
100%
Phone
(610) 371-5756
74/100
Mt Penn Primary Center
Grades M–M · 1 mi
City
Reading
Students
153
Student–teacher
11.7
Student body
48% White · 41% Hispanic / Latino · 5% Two or More Races
Free/reduced lunch
52%
Phone
(610) 370-2898
63/100
Southwest Middle School
Grades M–M · 1.3 mi
City
Reading
Students
495
Student–teacher
15.4
Student body
84% Hispanic / Latino · 10% Black · 4% White
Free/reduced lunch
100%
Phone
(610) 371-5934
58/100
I-Lead Charter School
Grades M–M · 1.3 mi
City
Reading
Students
408
Student–teacher
17.0
Student body
92% Hispanic / Latino · 4% Black · 3% White
Free/reduced lunch
100%
Phone
(855) 453-2327
57/100
Reading Senior High School
High · Grades 09–12 · 1.1 mi
City
Reading
Students
3,352
Parent reviews
3.3★ avg · 8 reviews
Student body
83% Hispanic / Latino · 9% Black · 5% White
Free/reduced lunch
78%
Phone
(610) 371-5705
55/100
Central Middle School
Middle · Grades 05–08 · 0.6 mi
City
Reading
Students
2,360
Student body
84% Hispanic / Latino · 8% Black · 5% White
Free/reduced lunch
100%
Phone
(484) 258-7365
55/100
Thirteenth & Green Elementary School
Elementary · Grades PK–04 · 0.8 mi
City
Reading
Students
532
Student body
88% Hispanic / Latino · 5% White · 4% Black
Free/reduced lunch
100%
Phone
(610) 371-5766
54/100
Amanda E Stout Elementary School
Elementary · Grades PK–04 · 0.6 mi
City
Reading
Students
784
Student body
87% Hispanic / Latino · 8% Black · 4% White
Free/reduced lunch
100%
Phone
(610) 371-5815

School ratings are provided for informational purposes only and are subject to change. Attendance boundaries are for reference only — contact the school or district directly to verify enrollment eligibility.

Historical Data

Price History

DateEventPrice
04/10/2026Listed for sale$565,000

Listed by John H Gantkowski Jr. · Iron Valley Real Estate of Berks · 4844508771

Listing information provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information deemed reliable but not guaranteed by the MLS. Copyright 2026, Bright. All rights reserved.

Last Updated: October 21, 2026 at 6:38 PM | Source: Bright | MLS#: PABK2070500

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