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1601 Mineral Spring Rd photo 1
for sale
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$595,000

0beds
|
0baths
|
6,775sqft
|
1910built
1601 Mineral Spring Rd,Reading, PA 19602

Est.$3,912/moCustomize payment

What's special

$88/sqft

Price per square foot

Built in 1910

116 years old

Overview

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 re...

Listing updated: May 27, 2026 at 10:01 AM

Listed by:

John H Gantkowski Jr. 610-780-3024, Iron Valley Real Estate of Berks

Source: Bright MLS · MLS #PABK2070500Bright MLS

Property details

Cost estimate

Est. monthly payment

$3,548/mo
Principal & interest
$3,119
Property tax
$231
Home insurance (est.)
$198

Down payment

$119,00020% of list price
Adjust down payment20%
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Based on 20% down ($119,000), 6.85% interest rate, 30-year fixed. Insurance is an estimate. Actual costs may vary.

Rates provided by Mable Loans.

Customize scenario

Price history

DateEventPrice
May 26, 2026Price reduced$595,000($20,000)
Apr 10, 2026Listed for sale$615,000

Location

1601 Mineral Spring Rd, Reading, PA 19602

Nearby homes

$595,000

0 beds · 0 baths · 6,775 sqft

Bright MLS

The data relating to real estate for sale on this website appears in part through the BRIGHT Internet Data Exchange (IDX) program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms in which Samson Properties participates, and is provided by BRIGHT through a licensing agreement. © 2026 Bright MLS, All Rights Reserved. Information deemed reliable but not guaranteed. The information provided by this website is for the personal, non-commercial use of consumers and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale on this website may no longer be available because they are under contract, have Closed or are no longer being offered for sale. Data last updated: 6/4/2026.